Market Overview:
The global pharmaceutical sterilization equipment market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for sterile products and rising number of hospitals and clinics. In terms of type, the heat sterilization equipment segment is expected to dominate the market during the forecast period. This can be attributed to its ability to kill a wide range of microorganisms in a short time span.
Product Definition:
Pharmaceutical Sterilization Equipment is used to sterilize medical equipment and supplies. The importance of Pharmaceutical Sterilization Equipment is that it helps to prevent the spread of infection.
Heat Sterilization Equipment:
The heat sterilization equipment market is expected to grow at a significant rate over the forecast period. The growth of this market can be attributed to factors such as increasing demand for heat sterilization in pharmaceuticals and biotechnology industry, growing awareness regarding benefits offered by these processes, and advancement in technology used for manufacturing sterile products.
Chemical Sterilization:
Chemical sterilization is a process to eliminate microorganisms by using toxic chemical agents. The most common methods of chemical sterilization are autoclaving, radiation, and ethylene oxide gas (EtO). Pharmaceutical sterilization equipment market includes products such as steam autoclave, EtO gas autoclave and radiation sterility testing equipment.
The global pharmaceuticals Sterilization Equipment market size was valued at USD 1.6 billion in 2015.
Application Insights:
The pharmaceutical companies application segment accounted for the largest share of over 60.0% in 2017. The demand from this sector is majorly driven by the need to maintain product quality during production and distribution stages, which ultimately leads to a higher demand for sterilization equipment among other sectors such as hospitals & clinics and other industries.
Pharmaceutical companies are highly dependent on sterile products that are free from contaminants including bacteria and fungus that may cause disease or illness in patients if they were to be transmitted through the air or via any mediums such as hands, surfaces, etc.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth of this region can be attributed to increasing R&D activities and rising healthcare spending in emerging countries, such as China, India, and Japan. In addition, growing pharmaceutical manufacturing industry due to favorable government policies in these countries will drive the demand for sterilization equipment in this region.
The Asia Pacific was followed by Europe which accounted for a revenue share of 24% in 2017 owing to high prevalence of chronic diseases coupled with stringent regulatory guidelines pertaining to drug safety & efficacy are driving factors for growth.
Growth Factors:
- Increasing demand for sterile drugs and medical devices
- Rising prevalence of hospital-acquired infections (HAIs)
- Growing number of surgical procedures
- Technological advancements in pharmaceutical sterilization equipment
- Increasing awareness about the benefits of using pharmaceutical sterilization equipment
Scope Of The Report
Report Attributes
Report Details
Report Title
Pharmaceutical Sterilization Equipment Market Research Report
By Type
Heat Sterilization Equipment, Chemical Sterilization, Filtration Sterilization, Ionizing Radiation Sterilization
By Application
Pharmaceutical Companies, Hospitals & Clinics
By Companies
Steris, Getinge Group, 3M, Sortera Health, Advanced Sterilization, 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
157
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global Pharmaceutical Sterilization Equipment Market Report Segments:
The global Pharmaceutical Sterilization Equipment market is segmented on the basis of:
Types
Heat Sterilization Equipment, Chemical Sterilization, Filtration Sterilization, Ionizing Radiation Sterilization
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 Companies, Hospitals & Clinics
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
- 3M
- Sortera Health
- Advanced Sterilization
- Steris
Highlights of The Pharmaceutical 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:
- Heat Sterilization Equipment
- Chemical Sterilization
- Filtration Sterilization
- Ionizing Radiation Sterilization
- By Application:
- Pharmaceutical Companies
- Hospitals & Clinics
- 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 Pharmaceutical 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- 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?
Pharmaceutical sterilization equipment is used to clean and sanitize medical devices, such as syringes, needles, infusion pumps and other medical equipment.
Some of the major players in the pharmaceutical sterilization equipment market are Steris, Getinge Group, 3M, Sortera Health, Advanced Sterilization, Steris.
The pharmaceutical sterilization equipment 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 Pharmaceutical 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 Pharmaceutical Sterilization Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Pharmaceutical 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 Pharmaceutical 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 Pharmaceutical Sterilization Equipment Market Size & Forecast, 2020-2028
4.5.1 Pharmaceutical Sterilization Equipment Market Size and Y-o-Y Growth
4.5.2 Pharmaceutical 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 Heat Sterilization Equipment
5.2.2 Chemical Sterilization
5.2.3 Filtration Sterilization
5.2.4 Ionizing Radiation Sterilization
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 Pharmaceutical Companies
6.2.2 Hospitals & Clinics
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pharmaceutical 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 Pharmaceutical 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 Heat Sterilization Equipment
9.6.2 Chemical Sterilization
9.6.3 Filtration Sterilization
9.6.4 Ionizing Radiation Sterilization
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 Pharmaceutical Companies
9.10.2 Hospitals & Clinics
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 Heat Sterilization Equipment
10.6.2 Chemical Sterilization
10.6.3 Filtration Sterilization
10.6.4 Ionizing Radiation Sterilization
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 Pharmaceutical Companies
10.10.2 Hospitals & Clinics
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 Heat Sterilization Equipment
11.6.2 Chemical Sterilization
11.6.3 Filtration Sterilization
11.6.4 Ionizing Radiation Sterilization
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 Pharmaceutical Companies
11.10.2 Hospitals & Clinics
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 Heat Sterilization Equipment
12.6.2 Chemical Sterilization
12.6.3 Filtration Sterilization
12.6.4 Ionizing Radiation Sterilization
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 Pharmaceutical Companies
12.10.2 Hospitals & Clinics
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 Heat Sterilization Equipment
13.6.2 Chemical Sterilization
13.6.3 Filtration Sterilization
13.6.4 Ionizing Radiation Sterilization
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 Pharmaceutical Companies
13.10.2 Hospitals & Clinics
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 Pharmaceutical Sterilization Equipment Market: Competitive Dashboard
14.2 Global Pharmaceutical 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 3M
14.3.4 Sortera Health
14.3.5 Advanced Sterilization
14.3.6 Steris
