Market Overview:
The global ionizing radiation sterilization market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The market growth is attributed to the increasing demand for sterilized products in the pharmaceutical and healthcare industries. In addition, the growing awareness about hygiene and safety among consumers is also contributing to the growth of this market. The gamma irradiation segment accounted for the largest share of the global ionizing radiation sterilization market in 2017. This segment is expected to grow at a CAGR of 5.9% from 2018 to 2030 due to its ability to kill a wide range of microorganisms effectively.
Product Definition:
Ionizing radiation sterilization is a technique used to kill or disable microorganisms by exposing them to ionizing radiation. Ionizing radiation is energy that strips electrons from atoms, causing them to become ions. This type of radiation can damage the DNA of microorganisms, killing them or disabling their ability to reproduce. Ionizing radiation sterilization is important because it can kill bacteria and other microorganisms that can cause infection and disease.
Gamma Irradiation:
Irradiation is a process of using ionizing radiation in high doses to kill microorganisms. Ionizing radiation has two types of effects, namely, direct and indirect effect. Direct effect includes alpha, beta and gamma irradiation while the indirect effect comprises of chemical agents that are used for sterilization purpose such as formaldehyde gas or heat or ethylene oxide or hydrogen peroxide (H2O2).
X-Ray Irradiation:
X-ray irradiation is a process in which high energy waves are applied to materials to study their composition. The most common usage of this technology is in the field of medical sciences for sterilization and curing purposes. Ionizing radiation used for sterilization purpose has different grades including ionizing radiations with high, medium and low penetrating power.
Application Insights:
The healthcare segment dominated the global market and accounted for a revenue share of more than 40.0% in 2017. The growth can be attributed to the increasing demand for sterilization techniques to curb the rise in medical errors, infections and other contamination during surgical procedures or any other form of treatment. Ionizing radiation is used as a sterilization technique in hospitals, clinics, diagnostic centers and pharmaceutical companies across the globe owing to its ability to damage or kill microorganisms with minimal injury or harm to human cells.
The pharmaceutical segment is expected register significant growth over the forecast period due largely on an increase in R&D activities pertaining primarily but not exclusively drugs & biologics production line at biopharmaceutical facilities including contract research organizations (CROs).
Regional Analysis:
North America dominated the global ionizing radiation sterilization market in 2017. The growth can be attributed to various factors such as increasing R&D activities, presence of major players, and high adoption rate of advanced technologies. Moreover, growing demand for sterile products is expected to propel the market over the forecast period. Asia Pacific is estimated to witness lucrative growth over the next eight years owing to rising healthcare expenditure and improving infrastructure in this region. In addition, increasing awareness regarding sterilization techniques will drive demand further.
The pharmaceutical industry plays a vital role in economic development of a country through its contribution towards GDP annually around 1% or more than that in many countries across Europe and North America (0-1%).
Growth Factors:
- Increasing demand for medical devices and implants
- Rising number of surgical procedures
- Growing awareness about benefits of radiation sterilization
- Technological advancements in radiation sterilization equipment and processes
- Rising demand from emerging markets
Scope Of The Report
Report Attributes
Report Details
Report Title
Ionizing Radiation Sterilization Market Research Report
By Type
Gamma Irradiation, X-Ray Irradiation, Electron Irradiation
By Application
Pharmaceutical, Healthcare, Others
By Companies
Astell, Getinge, Steris, Tuttnauer, Benchmark Scientific, BMM Weston, Cisa Production, Matachana
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Ionizing Radiation Sterilization Market Report Segments:
The global Ionizing Radiation Sterilization market is segmented on the basis of:
Types
Gamma Irradiation, X-Ray Irradiation, Electron Irradiation
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
Pharmaceutical, Healthcare, Others
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:
- Astell
- Getinge
- Steris
- Tuttnauer
- Benchmark Scientific
- BMM Weston
- Cisa Production
- Matachana
Highlights of The Ionizing Radiation Sterilization 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:
- Gamma Irradiation
- X-Ray Irradiation
- Electron Irradiation
- By Application:
- Pharmaceutical
- Healthcare
- Others
- 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 Ionizing Radiation Sterilization 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
- Channel & Customer Management
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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?
Ionizing radiation sterilization is a process that uses ionizing radiation to kill or disable microorganisms. Ionizing radiation can be delivered in the form of x-rays, gamma rays, or electrons.
Some of the major companies in the ionizing radiation sterilization market are Astell, Getinge, Steris, Tuttnauer, Benchmark Scientific, BMM Weston, Cisa Production, Matachana.
The ionizing radiation sterilization market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ionizing Radiation Sterilization 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 Ionizing Radiation Sterilization Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ionizing Radiation Sterilization 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 Ionizing Radiation Sterilization 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 Ionizing Radiation Sterilization Market Size & Forecast, 2018-2028
4.5.1 Ionizing Radiation Sterilization Market Size and Y-o-Y Growth
4.5.2 Ionizing Radiation Sterilization Market Absolute $ Opportunity
Chapter 5 Global Ionizing Radiation Sterilization 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 Ionizing Radiation Sterilization Market Size Forecast by Type
5.2.1 Gamma Irradiation
5.2.2 X-Ray Irradiation
5.2.3 Electron Irradiation
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Ionizing Radiation Sterilization 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 Ionizing Radiation Sterilization Market Size Forecast by Applications
6.2.1 Pharmaceutical
6.2.2 Healthcare
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ionizing Radiation Sterilization 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 Ionizing Radiation Sterilization 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 Ionizing Radiation Sterilization Analysis and Forecast
9.1 Introduction
9.2 North America Ionizing Radiation Sterilization 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 Ionizing Radiation Sterilization Market Size Forecast by Type
9.6.1 Gamma Irradiation
9.6.2 X-Ray Irradiation
9.6.3 Electron Irradiation
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 Ionizing Radiation Sterilization Market Size Forecast by Applications
9.10.1 Pharmaceutical
9.10.2 Healthcare
9.10.3 Others
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 Ionizing Radiation Sterilization Analysis and Forecast
10.1 Introduction
10.2 Europe Ionizing Radiation Sterilization 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 Ionizing Radiation Sterilization Market Size Forecast by Type
10.6.1 Gamma Irradiation
10.6.2 X-Ray Irradiation
10.6.3 Electron Irradiation
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 Ionizing Radiation Sterilization Market Size Forecast by Applications
10.10.1 Pharmaceutical
10.10.2 Healthcare
10.10.3 Others
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 Ionizing Radiation Sterilization Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Ionizing Radiation Sterilization 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 Ionizing Radiation Sterilization Market Size Forecast by Type
11.6.1 Gamma Irradiation
11.6.2 X-Ray Irradiation
11.6.3 Electron Irradiation
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 Ionizing Radiation Sterilization Market Size Forecast by Applications
11.10.1 Pharmaceutical
11.10.2 Healthcare
11.10.3 Others
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 Ionizing Radiation Sterilization Analysis and Forecast
12.1 Introduction
12.2 Latin America Ionizing Radiation Sterilization 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 Ionizing Radiation Sterilization Market Size Forecast by Type
12.6.1 Gamma Irradiation
12.6.2 X-Ray Irradiation
12.6.3 Electron Irradiation
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 Ionizing Radiation Sterilization Market Size Forecast by Applications
12.10.1 Pharmaceutical
12.10.2 Healthcare
12.10.3 Others
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) Ionizing Radiation Sterilization Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Ionizing Radiation Sterilization 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) Ionizing Radiation Sterilization Market Size Forecast by Type
13.6.1 Gamma Irradiation
13.6.2 X-Ray Irradiation
13.6.3 Electron Irradiation
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) Ionizing Radiation Sterilization Market Size Forecast by Applications
13.10.1 Pharmaceutical
13.10.2 Healthcare
13.10.3 Others
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 Ionizing Radiation Sterilization Market: Competitive Dashboard
14.2 Global Ionizing Radiation Sterilization Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Astell
14.3.2 Getinge
14.3.3 Steris
14.3.4 Tuttnauer
14.3.5 Benchmark Scientific
14.3.6 BMM Weston
14.3.7 Cisa Production
14.3.8 Matachana
