Market Overview:
The global sterilization products 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 sterilization products in hospitals, laboratories, and other end-user segments. In terms of type, the liquid segment is expected to lead the global sterilization products market during the forecast period. This can be attributed to its high efficacy and easy usage as compared to other types of sterilization products. In terms of application, hospitals are expected to account for a major share of the global sterilization products market during the forecast period.
Product Definition:
A sterilization product is a medical device that is used to clean and disinfect medical equipment and surfaces. Sterilization products are important because they help to prevent the spread of infection.
Liquid:
Liquid is a sterilization product that has been used as an important element in the sterilization process for more than 150 years. It is available in various forms such as solutions, drops, and syrups and plays a significant role in every kind of sterilization process from medical equipment to surgical instruments. The liquid used can be water or alcohol based or any other combination of liquids such as saline solution which are commonly called antiseptics/disinfectants or even essential oils.
Spray:
Spray is a liquid that is administered into the air by using an atomizer. It consists of one or more active ingredients and it's used for sterilization in the products like surgical instruments, test tubes, Petri dishes among others. The spray acts as a medium to carry the sterilizing solution to every corner of the container.
The growing demand for hand sanitizers and disinfectants has led to an increase in market growth for spray.
Application Insights:
The other application segment includes food and beverage, medical and healthcare applications. The demand for sterilization products in the laboratories is anticipated to witness a CAGR of XX% from 2018 to 2030 owing to the rising number of government-sponsored clinical trials that are driving the demand for these products in this sector.
The hospital segment held around 70% share of the overall revenue in 2017 on account of high usage rate across hospitals globally as they are considered as one of the most important tools for maintaining infection control standards at any given time. In addition, increasing investments by governments across various countries such as China India & Australia have been made towards building better hospitals will further boost product demand over forecast period.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to rising prevalence of chronic diseases, increasing government initiatives for promoting sterilization products usage, and high awareness regarding hygiene issues. For instance, in 2014 CDC’s Sterile Compound Application (SCA) guidelines were revised to include more applications for liquid and spray products. These factors are expected to continue driving the North America market over the forecast period as well.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to growing target population base with high unmet needs in terms of healthcare facilities along with increasing demand for advanced medical treatments at cheaper costs within this region. Moreover, rapidly developing economies such as India and China are also contributing towards regional growth through their strong presence in pharmaceuticals & biotechnology industries that use sterilization equipment on a regular basis; these factors are expected drive regional growth over the next eight years or so until 2030 AD (all dates inclusive).
Growth Factors:
- Increasing demand for sterilization products in the healthcare sector as a result of increasing incidence of hospital-acquired infections (HAIs) and rising awareness about the benefits of using sterilization products.
- Growing demand for sterilization products from the food and beverage industry due to increasing concerns about food safety.
- Rising demand for sterilization products from the pharmaceutical industry due to growing number of new drug approvals and increase in R&D spending by pharmaceutical companies.
- Technological advancements in sterilization technologies that are making these products more efficient, reliable, and affordable.
- Growing number of regulatory approvals for use of sterilization products in various applications, which is boosting their adoption across different industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Sterilization Products Market Research Report
By Type
Liquid, Spray, Wipe
By Application
Hospital, Laboratories, In-house, Other
By Companies
STERIS Corporation, Reckitt Benckiser, Metrex, 3M, Cantel Medical Corp, Johnson & Johnson, Sealed Air, Veltek Associates, Whiteley, Medipal, STERIS Corporation, Dettol, Shandong Xiaoboshi, Lionser
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
168
Number of Tables & Figures
118
Customization Available
Yes, the report can be customized as per your need.
Global Sterilization Products Market Report Segments:
The global Sterilization Products market is segmented on the basis of:
Types
Liquid, Spray, Wipe
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
Hospital, Laboratories, In-house, 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 Corporation
- Reckitt Benckiser
- Metrex
- 3M
- Cantel Medical Corp
- Johnson & Johnson
- Sealed Air
- Veltek Associates
- Whiteley
- Medipal
- STERIS Corporation
- Dettol
- Shandong Xiaoboshi
- Lionser
Highlights of The Sterilization Products 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:
- Liquid
- Spray
- Wipe
- By Application:
- Hospital
- Laboratories
- In-house
- 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 Sterilization Products 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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- 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?
Sterilization products are chemicals or devices that are used to kill or prevent the growth of microorganisms.
Some of the key players operating in the sterilization products market are STERIS Corporation, Reckitt Benckiser, Metrex, 3M, Cantel Medical Corp, Johnson & Johnson, Sealed Air, Veltek Associates, Whiteley, Medipal, STERIS Corporation, Dettol, Shandong Xiaoboshi, Lionser.
The sterilization products market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Sterilization Products 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 Sterilization Products Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Sterilization Products 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 Sterilization Products 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 Sterilization Products Market Size & Forecast, 2018-2028
4.5.1 Sterilization Products Market Size and Y-o-Y Growth
4.5.2 Sterilization Products Market Absolute $ Opportunity
Chapter 5 Global Sterilization Products 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 Sterilization Products Market Size Forecast by Type
5.2.1 Liquid
5.2.2 Spray
5.2.3 Wipe
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Sterilization Products 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 Sterilization Products Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Laboratories
6.2.3 In-house
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sterilization Products 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 Sterilization Products 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 Sterilization Products Analysis and Forecast
9.1 Introduction
9.2 North America Sterilization Products 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 Sterilization Products Market Size Forecast by Type
9.6.1 Liquid
9.6.2 Spray
9.6.3 Wipe
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 Sterilization Products Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Laboratories
9.10.3 In-house
9.10.4 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 Sterilization Products Analysis and Forecast
10.1 Introduction
10.2 Europe Sterilization Products 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 Sterilization Products Market Size Forecast by Type
10.6.1 Liquid
10.6.2 Spray
10.6.3 Wipe
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 Sterilization Products Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Laboratories
10.10.3 In-house
10.10.4 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 Sterilization Products Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Sterilization Products 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 Sterilization Products Market Size Forecast by Type
11.6.1 Liquid
11.6.2 Spray
11.6.3 Wipe
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 Sterilization Products Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Laboratories
11.10.3 In-house
11.10.4 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 Sterilization Products Analysis and Forecast
12.1 Introduction
12.2 Latin America Sterilization Products 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 Sterilization Products Market Size Forecast by Type
12.6.1 Liquid
12.6.2 Spray
12.6.3 Wipe
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 Sterilization Products Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Laboratories
12.10.3 In-house
12.10.4 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) Sterilization Products Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Sterilization Products 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) Sterilization Products Market Size Forecast by Type
13.6.1 Liquid
13.6.2 Spray
13.6.3 Wipe
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) Sterilization Products Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Laboratories
13.10.3 In-house
13.10.4 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 Sterilization Products Market: Competitive Dashboard
14.2 Global Sterilization Products Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 STERIS Corporation
14.3.2 Reckitt Benckiser
14.3.3 Metrex
14.3.4 3M
14.3.5 Cantel Medical Corp
14.3.6 Johnson & Johnson
14.3.7 Sealed Air
14.3.8 Veltek Associates
14.3.9 Whiteley
14.3.10 Medipal
14.3.11 STERIS Corporation
14.3.12 Dettol
14.3.13 Shandong Xiaoboshi
14.3.14 Lionser
