Market Overview:
The global medical device sterilization 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 incidence of hospital-acquired infections (HAIs), growing demand for minimally invasive surgeries, and rising number of surgical procedures. In addition, the increasing use of medical devices in emerging countries is also contributing to the growth of this market. On the basis of type, the global medical device sterilization market can be segmented into high temperature sterilization, low temperature sterilization, and radiation sterilization. Of these, high temperature sterilization is expected to account for the largest share in 2018. This segment is projected to grow at a CAGR of 6% from 2018 to 2030 due to its ability to kill a wide range of microorganisms effectively and quickly.
Product Definition:
Medical device sterilization is the process of destroying or removing all forms of life, including spores, on a medical device. It is important to sterilize medical devices because it helps prevent the spread of infection.
High Temperature:
High temperature (HP) sterilization is a process of temperatures greater than or equal to 135°C. It is primarily used for the sterilization of small and medium-sized medical devices, such as surgical instruments, diagnostic equipment, and drug delivery systems.
Factors such as increasing prevalence of chronic diseases leading to hospital admissions due to accidents have led to an increase in demand for medical devices globally.
Low Temperature:
Low temperature and it's usage in medical device sterilization market is used for the process of elimination or kill all forms of life including bacteria, viruses, fungi and other microbes which are responsible for causing infections. Low temperature generally range between 0? to 60? Celsius. It depends on the type of microorganism under consideration that varies with different temperatures being required for various sterilization procedures.
Application Insights:
Based on application, the global medical device sterilization market is segmented into hospitals, clinics and other healthcare facilities, and others. Hospitals held the largest share in 2017 owing to factors such as a high volume of surgeries performed and increasing prevalence of chronic diseases. In addition, strict government regulations regarding hygiene levels in hospitals are expected to drive demand for sterilizing equipment during operations.
Clinics/others are anticipated to be the fastest-growing segment over the forecast period due to an increase in demand for minimally invasive procedures that result in fewer postoperative complications but require highly sophisticated surgical equipment with enhanced safety features. Furthermore, rising awareness about preventive healthcare along with increasing disposable income is expected fuel growth over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. High adoption of sterilization techniques by manufacturers and suppliers as a standard procedure to avoid product contamination, coupled with high awareness among healthcare professionals and patients about infection control standards, are some factors that can be attributed for the dominance of this region.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to rising demand for medical devices from developing countries such as China and India. In addition, increasing government initiatives in these countries are also expected favorably impact overall market development during the estimated time span.
Growth Factors:
- Increasing demand for medical devices and implants
- Rising incidence of hospital-acquired infections (HAIs)
- Growing number of surgical procedures
- Technological advancements in sterilization methods
- Stringent regulatory framework for medical device sterilization
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Device Sterilization Market Research Report
By Type
High Temperature, Low Temperature, Radiation
By Application
Hospitals, Clinics, Others
By Companies
3M, Advanced Sterilization Products Services Inc., Andersen Products, Belimed, Cantel Medical, Getinge, Sterigenics, TSO3, MMM Group., Steris Plc, 3M
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
225
Number of Tables & Figures
158
Customization Available
Yes, the report can be customized as per your need.
Global Medical Device Sterilization Market Report Segments:
The global Medical Device Sterilization market is segmented on the basis of:
Types
High Temperature, Low Temperature, Radiation
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, 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:
- 3M
- Advanced Sterilization Products Services Inc.
- Andersen Products
- Belimed
- Cantel Medical
- Getinge
- Sterigenics
- TSO3
- MMM Group.
- Steris Plc
- 3M
Highlights of The Medical Device 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:
- High Temperature
- Low Temperature
- Radiation
- By Application:
- Hospitals
- Clinics
- 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 Medical Device 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:
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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?
Medical device sterilization is a process that kills or inactivates microorganisms that may be present on medical devices. The goal of medical device sterilization is to prevent the spread of infection and protect patients from potential harm.
Some of the major companies in the medical device sterilization market are 3M, Advanced Sterilization Products Services Inc., Andersen Products, Belimed, Cantel Medical, Getinge, Sterigenics, TSO3, MMM Group., Steris Plc, 3M.
The medical device sterilization 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 Medical Device 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 Medical Device Sterilization Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Medical Device 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 Medical Device 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 Medical Device Sterilization Market Size & Forecast, 2018-2028
4.5.1 Medical Device Sterilization Market Size and Y-o-Y Growth
4.5.2 Medical Device Sterilization Market Absolute $ Opportunity
Chapter 5 Global Medical Device 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 Medical Device Sterilization Market Size Forecast by Type
5.2.1 High Temperature
5.2.2 Low Temperature
5.2.3 Radiation
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Medical Device 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 Medical Device Sterilization Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinics
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medical Device 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 Medical Device 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 Medical Device Sterilization Analysis and Forecast
9.1 Introduction
9.2 North America Medical Device 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 Medical Device Sterilization Market Size Forecast by Type
9.6.1 High Temperature
9.6.2 Low Temperature
9.6.3 Radiation
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 Medical Device Sterilization Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinics
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 Medical Device Sterilization Analysis and Forecast
10.1 Introduction
10.2 Europe Medical Device 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 Medical Device Sterilization Market Size Forecast by Type
10.6.1 High Temperature
10.6.2 Low Temperature
10.6.3 Radiation
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 Medical Device Sterilization Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinics
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 Medical Device Sterilization Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Medical Device 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 Medical Device Sterilization Market Size Forecast by Type
11.6.1 High Temperature
11.6.2 Low Temperature
11.6.3 Radiation
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 Medical Device Sterilization Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinics
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 Medical Device Sterilization Analysis and Forecast
12.1 Introduction
12.2 Latin America Medical Device 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 Medical Device Sterilization Market Size Forecast by Type
12.6.1 High Temperature
12.6.2 Low Temperature
12.6.3 Radiation
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 Medical Device Sterilization Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinics
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) Medical Device Sterilization Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Medical Device 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) Medical Device Sterilization Market Size Forecast by Type
13.6.1 High Temperature
13.6.2 Low Temperature
13.6.3 Radiation
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) Medical Device Sterilization Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinics
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 Medical Device Sterilization Market: Competitive Dashboard
14.2 Global Medical Device Sterilization Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 3M
14.3.2 Advanced Sterilization Products Services Inc.
14.3.3 Andersen Products
14.3.4 Belimed
14.3.5 Cantel Medical
14.3.6 Getinge
14.3.7 Sterigenics
14.3.8 TSO3
14.3.9 MMM Group.
14.3.10 Steris Plc
14.3.11 3M
