Market Overview:
The global advanced sterilization product market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in this market can be attributed to the increasing demand for advanced sterilization products from hospitals & clinics and pharmaceutical companies. Additionally, the growing awareness about hygiene and safety is also contributing to the growth of this market. On the basis of type, the global advanced sterilization product market can be segmented into dry heat, ethylene oxide, e-beam, and steam. Of these segments, dry heat is expected to account for the largest share of this market in 2018. This segment is projected to grow at a CAGR of 7% during the forecast period.
Product Definition:
Advanced Sterilization Product is a device that destroys or removes all forms of life, including spores. It is used to disinfect medical equipment and other objects that may contain bacteria or other organisms.
Dry Heat:
Dry heat is a term used for sterilization using temperatures lower than 100°C (212°F). The most common method of dry heat sterilization is the autoclave. However, there are other methods such as solar and electric dry heat sterilizers. These products find use in medical devices, pharmaceuticals & biotechnology industries for cleaning and repairing equipment/devices or to clean/sterilize work surfaces among others.
Ethylene Oxide:
Ethylene oxide is a colorless, toxic, flammable gas with a strong odor. It is mainly manufactured by the catalytic oxidation of ethylene. The global demand for ethylene oxide (EtO) has been increasing over the past few years on account of its wide usage in various end-use industries such as pharmaceuticals and food & beverages.
Application Insights:
The global advanced sterilization product market is categorized on the basis of application into hospitals and clinics, pharmaceutical companies, food and beverage processing plants, biotechnology companies, and others. The hospitals and clinics segment dominated the overall market in terms of revenue as well as volume in 2017. This high share is attributable to factors such as rising prevalence of chronic diseases along with a growing geriatric population across the globe that requires more healthcare services.
Pharmaceutical companies are anticipated to be one of the fastest-growing segments over the forecast period owing to factors such as an increase in R&D activities pertaining to new drug development coupled with an increasing number of approvals for sterilizing equipment by regulatory authorities (ARA) across various countries worldwide. In addition, favorable government policies regarding R&D investments coupled with a growing focus on improving healthcare infrastructure globally are expected to boost demand for advanced sterilization products over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The growth can be attributed to the rising prevalence of chronic diseases, increasing government initiatives, and high adoption rate of sterilization products. In addition, growing healthcare infrastructure and favorable reimbursement policies are expected to drive the market over the forecast period.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to factors such as improving healthcare facilities due to increased funding by governments and private players coupled with investments for R&D activities related to advanced sterilization techniques in this region. Moreover, increasing number of product approvals by regulatory agencies is also anticipated fuel regional demand during the forecast years. For instance, Ministry Of Health And Family Welfare (MoHFW) has given its approval for Sterilinox’s EO gas system under India's Public Health System (PHS) for use against hospital-acquired infections in hospitals across India since 2009.
Growth Factors:
- Increasing demand for advanced sterilization products in the medical and healthcare sector to prevent the spread of infection and diseases.
- Rising number of surgical procedures requiring advanced sterilization products for effective disinfection.
- Growing awareness about the benefits of using advanced sterilization products among consumers, surgeons, and healthcare professionals.
- Technological advancements in sterilization product design and manufacturing that offer better performance and safety features.
Scope Of The Report
Report Attributes
Report Details
Report Title
Advanced Sterilization Product Market Research Report
By Type
Dry Heat, Ethylene Oxide, E-Beam, Steam
By Application
Hospitals & Clinics, Pharmaceutical Companies
By Companies
STERIS Corporation, Belimed, Getinge Group, 3M, J & J, Sotera Health, Cardinal Health
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
129
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Advanced Sterilization Product Market Report Segments:
The global Advanced Sterilization Product market is segmented on the basis of:
Types
Dry Heat, Ethylene Oxide, E-Beam, Steam
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals & Clinics, Pharmaceutical Companies
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- STERIS Corporation
- Belimed
- Getinge Group
- 3M
- J & J
- Sotera Health
- Cardinal Health
Highlights of The Advanced Sterilization Product Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Dry Heat
- Ethylene Oxide
- E-Beam
- Steam
- By Application:
- Hospitals & Clinics
- Pharmaceutical Companies
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Advanced Sterilization Product Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Advanced sterilization product is a type of sterilization process that uses radiation, heat or chemicals to kill microorganisms.
Some of the major players in the advanced sterilization product market are STERIS Corporation, Belimed, Getinge Group, 3M, J & J, Sotera Health, Cardinal Health.
The advanced sterilization product market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Advanced Sterilization Product Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Advanced Sterilization Product Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Advanced Sterilization Product Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Advanced Sterilization Product Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Advanced Sterilization Product Market Size & Forecast, 2020-2028
4.5.1 Advanced Sterilization Product Market Size and Y-o-Y Growth
4.5.2 Advanced Sterilization Product Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Dry Heat
5.2.2 Ethylene Oxide
5.2.3 E-Beam
5.2.4 Steam
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospitals & Clinics
6.2.2 Pharmaceutical Companies
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Advanced Sterilization Product Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Advanced Sterilization Product Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Dry Heat
9.6.2 Ethylene Oxide
9.6.3 E-Beam
9.6.4 Steam
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospitals & Clinics
9.10.2 Pharmaceutical Companies
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Dry Heat
10.6.2 Ethylene Oxide
10.6.3 E-Beam
10.6.4 Steam
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospitals & Clinics
10.10.2 Pharmaceutical Companies
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Dry Heat
11.6.2 Ethylene Oxide
11.6.3 E-Beam
11.6.4 Steam
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospitals & Clinics
11.10.2 Pharmaceutical Companies
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Dry Heat
12.6.2 Ethylene Oxide
12.6.3 E-Beam
12.6.4 Steam
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospitals & Clinics
12.10.2 Pharmaceutical Companies
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Dry Heat
13.6.2 Ethylene Oxide
13.6.3 E-Beam
13.6.4 Steam
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospitals & Clinics
13.10.2 Pharmaceutical Companies
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Advanced Sterilization Product Market: Competitive Dashboard
14.2 Global Advanced Sterilization Product Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 STERIS Corporation
14.3.2 Belimed
14.3.3 Getinge Group
14.3.4 3M
14.3.5 J & J
14.3.6 Sotera Health
14.3.7 Cardinal Health
