Sterilization Services Market Size (2024 - 2029)

The sterilization services market is anticipated to experience growth over the forecast period, driven by factors such as the increasing prevalence of hospital-acquired infections and the rising demand for sterilized medical equipment, particularly among the aging and pediatric populations. The COVID-19 pandemic has further accelerated market expansion due to the heightened need for effective sterilization methods to combat the virus. Technological advancements and the introduction of new sterilization services are also contributing to market growth. However, challenges such as the harmful effects of certain chemical agents and the lack of proper guidelines for sterilization processes may impede progress.

Market Size of Sterilization Services Industry

Single User License

$4750

Team License

$5250

Corporate License

$8750

Book before:
Sterilization Services Market Summary
Study Period 2019 - 2029
Market Size (2024) USD 5.17 Billion
Market Size (2029) USD 6.71 Billion
CAGR (2024 - 2029) 5.35 %
Fastest Growing Market Asia Pacific
Largest Market North America

Major Players

Sterilization Services Market Major Players

*Disclaimer: Major Players sorted in no particular order

Need a report that reflects how COVID-19 has impacted this market and its growth?

Single User License

$4750

Team License

$5250

Corporate License

$8750

Book before:

Sterilization Services Market Analysis

The Sterilization Services Market size is estimated at USD 5.17 billion in 2024, and is expected to reach USD 6.71 billion by 2029, growing at a CAGR of 5.35% during the forecast period (2024-2029).

COVID-19 has impacted the growth of the sterilization services market. Sterilization was a key tool that was accessible to stop the spread of COVID-19 and directly combat SARS-CoV-2. For instance, according to an article published in the Environmental Science and Pollution Research, in May 2021, it was observed that sanitizers and disinfectants were crucial preventative measures to sterilize surfaces and equipment against coronavirus infection. The pandemic led to a shortage of filtering facepiece respirators due to which many healthcare institutions were forced to reuse FFRs after applying different decontamination methods including gamma-irradiation (GIR). For instance, as per an article published in Frontiers in Physics, in October 2021, it has been observed that CDC released emergency guidelines on the N95 decontamination methods and indicated that vapor hydrogen peroxide (VHP), ultraviolet germicidal irradiation (UVGI) and moist heat had shown the most promising results in decontaminating the respirators (N95). This has increased the adoption of these methods to sterilize the equipment and respirators in hospital settings. Hence, COVID boosted the market growth and it expected to have stable growth in next 3-4 years.

Factors such as increased hospital-acquired infections, increasing technological advancements in the use of sterilization agents and equipment in industrial facilities, and growing awareness regarding cleanliness across all the facilities are boosting the market growth.

The rising prevalence of hospital-acquired infections is the key factor driving the market growth. For instance, according to the data published by the National and State HAI Progress 2021 Report, it has been observed that the HAI increased between 2020 and 2021, including a 14% increase in methicillin-resistant Staphylococcus aureus (MRSA), 12% in ventilator-associated events (VAE), 11% in surgical site infection (SSI-HYST), 7% in central line-associated bloodstream infection (CLABSI), and 5% in catheter-associated urinary tract infection (CAUTI).

In addition, the increasing geriatric and pediatric population as well as the people in ICUs are at high risk of getting a healthcare-associated infection. This is anticipated to increase the demand for effectively sterilized medical equipment and other stuff, thereby boosting market growth. For instance, as per an article published in Annals of Intensive Care, in March 2022, it has been observed that intensive care unit (ICU) admissions among the elderly population are expected to increase with the increasing global population. In addition, as per the same source, patients aged 65 years or above constitute more ICU admissions, followed by people aged 80 years and 85 years old. Also, according to 2022 statistics published by UNPF, about 23% of the population living in Asia and the Pacific region is aged between 0-14 years, and 9% of the population is aged 65 years and over. Thus, the high aging population is expected to increase the demand for sterilized equipment, areas, rooms, and other stuff during their hospital stay to avoid further complications. This is anticipated to fuel the market growth over the forecast period.

Furthermore, the rising company activities in launching effective sterilizating services is expected to increase the market growth over the forecast period. For instance, in April 2022, Unimech Healthcare launched UniClean, an array of solutions to prevent 'Work Place Sickness' and 'Crowd Spread Infections'. It has a cloud-based technology that provides 99.99% virus free sterilization of air and surfaces in offices, industries, hospitals, and other places. Also, in June 2021, STERIS acquired Cantel. This acquisition assists the company to expand its product offering of infection prevention products and services primarily to endoscopy and dental areas.

Therefore, owing to the aforementioned factors, such as the high burden of hospital-acquired infections, growing ICU admission rates in aging population, and increasing product launches, the studied market is expected to grow over the forecast period. However, the harmful effects of certain chemical agents and the lack of availability of correct manuals to perform sterilization activities are likely to hamper the growth of the sterilization services market over the forecast period.

Sterilization Services Industry Segmentation

As per the scope of the report, sterilization is a process that destroys or eliminates all forms of microbial life and is carried out in healthcare facilities by physical or chemical methods. Sterilization services are essential for ensuring that medical and surgical instruments do not transmit infectious pathogens to patients. The Sterilization Services Market is Segmented by Method (Ethylene Oxide (ETO) Sterilization, Gamma Sterilization, Steam Sterilization, Electron Beam Radiation Sterilization, and Other Sterilization), Business Type (Contract Sterilization Services and Sterilization Validation Services), End-User (Medical Device Companies, Hospitals and Clinics, Pharmaceutical and Biotechnology Industry, and Other End Users), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 countries across major global regions. The report offers the value (in USD million) for the above segments.

By Method
Ethylene Oxide (ETO) Sterilization
Gamma Sterilization
Steam Sterilization
Electron Beam Radiation Sterilization
Gamma Sterilization
By Business Type
Contract Sterilization Services
Sterilization Validation Services
By End User
Medical Device Companies
Hospitals and Clinics
Pharmaceutical & Biotechnology Industry
Other End Users
Geography
North America
United States
Canada
Mexico
Europe
France
Germany
United Kingdom
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East and Africa
GCC
South Africa
Rest of Middle East and Africa
South America
Brazil
Argentina
Rest of South America
Need A Different Region Or Segment?
Customize Now

Sterilization Services Market Size Summary

The sterilization services market is poised for significant growth, driven by the increasing prevalence of hospital-acquired infections and the rising demand for sterilized medical equipment. The COVID-19 pandemic has further accelerated market expansion, as sterilization became a critical measure to combat the virus's spread. The adoption of advanced sterilization methods, such as gamma-irradiation and vapor hydrogen peroxide, has been bolstered by the need to decontaminate equipment like N95 respirators. Additionally, the growing awareness of cleanliness and technological advancements in sterilization agents and equipment are contributing to the market's upward trajectory. The demand for sterilization services is expected to rise, particularly in healthcare settings, due to the increasing geriatric and pediatric populations, who are more susceptible to healthcare-associated infections.

North America is anticipated to dominate the sterilization services market, supported by a strong presence of industry players, technological advancements, and increased government funding. The region's high prevalence of chronic diseases and hospital-acquired infections necessitates effective sterilization procedures, particularly in surgical settings. The market is characterized by a fragmented landscape with numerous global and regional players, including Johnson and Johnson, Steris Corporation, and Stryker Corporation. Strategic activities such as acquisitions and facility expansions are expected to further propel market growth. The rising number of hospitals and clinics, coupled with the introduction of innovative sterilization products, underscores the market's potential for continued expansion over the forecast period.

Explore More

Sterilization Services Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Increased Hospital Acquired Infections

      2. 1.2.2 Technological Advancements in Use of Sterilization Agents and Equipment in Industrial Facilities

      3. 1.2.3 Growing Awareness Regarding Cleanliness Across All Facilities

    3. 1.3 Market Restraints

      1. 1.3.1 Harmful Effects of Certain Chemical Agents

      2. 1.3.2 Lack of Availability of Correct Manuals to Perform Sterilization Activities

    4. 1.4 Porter's Five Force Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers/Consumers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION (Market Size by Value - USD million)

    1. 2.1 By Method

      1. 2.1.1 Ethylene Oxide (ETO) Sterilization

      2. 2.1.2 Gamma Sterilization

      3. 2.1.3 Steam Sterilization

      4. 2.1.4 Electron Beam Radiation Sterilization

      5. 2.1.5 Gamma Sterilization

    2. 2.2 By Business Type

      1. 2.2.1 Contract Sterilization Services

      2. 2.2.2 Sterilization Validation Services

    3. 2.3 By End User

      1. 2.3.1 Medical Device Companies

      2. 2.3.2 Hospitals and Clinics

      3. 2.3.3 Pharmaceutical & Biotechnology Industry

      4. 2.3.4 Other End Users

    4. 2.4 Geography

      1. 2.4.1 North America

        1. 2.4.1.1 United States

        2. 2.4.1.2 Canada

        3. 2.4.1.3 Mexico

      2. 2.4.2 Europe

        1. 2.4.2.1 France

        2. 2.4.2.2 Germany

        3. 2.4.2.3 United Kingdom

        4. 2.4.2.4 Italy

        5. 2.4.2.5 Spain

        6. 2.4.2.6 Rest of Europe

      3. 2.4.3 Asia-Pacific

        1. 2.4.3.1 China

        2. 2.4.3.2 Japan

        3. 2.4.3.3 India

        4. 2.4.3.4 Australia

        5. 2.4.3.5 South Korea

        6. 2.4.3.6 Rest of Asia-Pacific

      4. 2.4.4 Middle East and Africa

        1. 2.4.4.1 GCC

        2. 2.4.4.2 South Africa

        3. 2.4.4.3 Rest of Middle East and Africa

      5. 2.4.5 South America

        1. 2.4.5.1 Brazil

        2. 2.4.5.2 Argentina

        3. 2.4.5.3 Rest of South America

Sterilization Services Market Size FAQs

The Sterilization Services Market size is expected to reach USD 5.17 billion in 2024 and grow at a CAGR of 5.35% to reach USD 6.71 billion by 2029.

In 2024, the Sterilization Services Market size is expected to reach USD 5.17 billion.

Sterilization Services Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)