Market Overview:
The global low temperature sterilization equipment market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for low temperature sterilization equipment from the food industry and other applications. Low temperature sterilization equipment is used for the sterilization of medical devices, surgical instruments, and other products that require a sterile environment. The global low temperature sterilization equipment market is segmented by type, application, and region.
Product Definition:
Low Temperature Sterilization Equipment is used to sterilize medical devices or products at a low temperature. The importance of Low Temperature Sterilization Equipment is that it helps to protect the product from damage and also preserves the integrity of the device.
Ethylene Oxide Sterilization:
Ethylene oxide is a chemical compound, which is also known as oxirane. It has a triple bond between carbon & oxygen with light yellow color. Ethylene oxide can be produced by the reaction of ethylene and oxygen in presence of catalyst.
Vaporized Hydrogen Peroxide Sterilization:
Vaporized hydrogen peroxide (VHP) is a sterilization technique that uses vaporized hydrogen peroxide to inactivate microorganisms. It works by creating an oxygen-free environment by using heat or steam. The process takes place at normal room temperature and pressure, making it suitable for usage on the skin as well as in medical devices and equipment.
Application Insights:
The food industry was the largest application segment in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The sterilization process eliminates bacteria, including salmonella, campylobacter and e-coli that may be present in fruits and vegetables leading to improved hygiene conditions during production as well as storage of food products. This factor is projected to drive demand for global low temperature sterilization equipment in the forthcoming years.
In addition, reduced risk of contamination with regard to pesticides or other chemicals increases product shelf life which results in increased demand for LTSE equipment within the food industry applications segment over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017. This is attributed to increasing awareness regarding sterilization process and products, rising demand for convenience food, and improving healthcare infrastructure. The region is expected to witness a CAGR of XX% during the forecast period owing to growing medical tourism industry in countries such as India, China, Malaysia, Thailand etc. Moreover, increasing investments by governments for building better hospitals and clinics are anticipated to boost the demand for LST equipment over the forecast period.
Europe accounted for more than 25% of share in 2017 owing to high adoption rate of modern technology coupled with stringent regulations from governing bodies such as Health & Safety Executive (HSE), European Union (EU), International Plant Protection Convention (IPPC) etc., which has forced manufacturers operating within Europe's sterilization equipment market have been compelled towards innovation through continuous R&D activities resulting into higher product quality at competitive prices thus making it an attractive regional segment over the forecast period.
Growth Factors:
- Increasing demand for low temperature sterilization equipment in the medical and pharmaceutical industries to meet the stringent regulatory requirements.
- Growing demand for low temperature sterilization equipment from food and beverage industry due to increasing awareness about hygiene and safety.
- Rising number of hospitals, clinics, and other healthcare facilities across the globe is expected to drive the growth of low temperature sterilization equipment market during forecast period.
- Technological advancements in low temperature sterilization equipment that offer better performance, efficiency, and reliability are projected to boost the growth of this market in coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Low Temperature Sterilization Equipment Market Research Report
By Type
Ethylene Oxide Sterilization, Vaporized Hydrogen Peroxide Sterilization, Nitrogen Dioxide Sterilization, Other
By Application
Food Industry, Medicine, Other
By Companies
Steris, Getinge Group, Advanced Sterilization Products And Services, M, Belimed Ag, Matachana, Sterigenics International, Mmm Group, Cantel Medical, Anderson Products, Steris
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
179
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Low Temperature Sterilization Equipment Market Report Segments:
The global Low Temperature Sterilization Equipment market is segmented on the basis of:
Types
Ethylene Oxide Sterilization, Vaporized Hydrogen Peroxide Sterilization, Nitrogen Dioxide Sterilization, Other
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
Food Industry, Medicine, Other
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
- Getinge Group
- Advanced Sterilization Products And Services
- M
- Belimed Ag
- Matachana
- Sterigenics International
- Mmm Group
- Cantel Medical
- Anderson Products
- Steris
Highlights of The Low Temperature Sterilization Equipment 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:
- Ethylene Oxide Sterilization
- Vaporized Hydrogen Peroxide Sterilization
- Nitrogen Dioxide Sterilization
- Other
- By Application:
- Food Industry
- Medicine
- Other
- 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 Low Temperature Sterilization Equipment 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand 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?
Low temperature sterilization equipment is a type of sterilization process that uses temperatures below the boiling point of water to inactivate microorganisms. Low temperature sterilization equipment can be used to clean medical devices, pharmaceuticals, and other sterile items.
Some of the key players operating in the low temperature sterilization equipment market are Steris, Getinge Group, Advanced Sterilization Products And Services, M, Belimed Ag, Matachana, Sterigenics International, Mmm Group, Cantel Medical, Anderson Products, Steris.
The low temperature sterilization equipment 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 Low Temperature Sterilization Equipment 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 Low Temperature Sterilization Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Low Temperature Sterilization Equipment 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 Low Temperature Sterilization Equipment 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 Low Temperature Sterilization Equipment Market Size & Forecast, 2020-2028
4.5.1 Low Temperature Sterilization Equipment Market Size and Y-o-Y Growth
4.5.2 Low Temperature Sterilization Equipment 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 Ethylene Oxide Sterilization
5.2.2 Vaporized Hydrogen Peroxide Sterilization
5.2.3 Nitrogen Dioxide Sterilization
5.2.4 Other
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 Food Industry
6.2.2 Medicine
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Low Temperature Sterilization Equipment 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 Low Temperature Sterilization Equipment 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 Ethylene Oxide Sterilization
9.6.2 Vaporized Hydrogen Peroxide Sterilization
9.6.3 Nitrogen Dioxide Sterilization
9.6.4 Other
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 Food Industry
9.10.2 Medicine
9.10.3 Other
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 Ethylene Oxide Sterilization
10.6.2 Vaporized Hydrogen Peroxide Sterilization
10.6.3 Nitrogen Dioxide Sterilization
10.6.4 Other
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 Food Industry
10.10.2 Medicine
10.10.3 Other
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 Ethylene Oxide Sterilization
11.6.2 Vaporized Hydrogen Peroxide Sterilization
11.6.3 Nitrogen Dioxide Sterilization
11.6.4 Other
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 Food Industry
11.10.2 Medicine
11.10.3 Other
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 Ethylene Oxide Sterilization
12.6.2 Vaporized Hydrogen Peroxide Sterilization
12.6.3 Nitrogen Dioxide Sterilization
12.6.4 Other
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 Food Industry
12.10.2 Medicine
12.10.3 Other
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 Ethylene Oxide Sterilization
13.6.2 Vaporized Hydrogen Peroxide Sterilization
13.6.3 Nitrogen Dioxide Sterilization
13.6.4 Other
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 Food Industry
13.10.2 Medicine
13.10.3 Other
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 Low Temperature Sterilization Equipment Market: Competitive Dashboard
14.2 Global Low Temperature Sterilization Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Steris
14.3.2 Getinge Group
14.3.3 Advanced Sterilization Products And Services
14.3.4 M
14.3.5 Belimed Ag
14.3.6 Matachana
14.3.7 Sterigenics International
14.3.8 Mmm Group
14.3.9 Cantel Medical
14.3.10 Anderson Products
14.3.11 Steris
