Market Overview:
The global terminal sterilization 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 sterile products and devices across the globe. In addition, the growing number of hospitals, pharmaceutical companies, and biopharmaceutical companies are also contributing to the growth of this market. Based on type, ethylene oxide sterilization is expected to dominate the global terminal sterilization market during the forecast period. This can be attributed to its ability to kill a wide range of microorganisms in a short time span. Vaporized hydrogen peroxide sterilization is projected to be one of fastest-growing segments during the forecast period owing its ability destroy all forms spores including bacterial endospores and mycobacteria tuberculosis (MTB).
Product Definition:
Terminal sterilization is a form of sterilization that destroys all forms of life, including spores. It is used to make sure an object or area is free of any living organisms. Terminal sterilization is important because it can help prevent the spread of infection and disease.
Ethylene Oxide Sterilization:
Ethylene oxide (EtO) is an organic compound. It is a colorless, flammable gas with a strong odor. Ethylene oxide can be produced by the reaction of ethylene and oxygen or by the catalytic hydrolysis of ethyl alcohol. The most common method for producing it commercially involves the catalytic hydrogenation of ethanol (alcohol).
Irradiation Sterilization:
Irradiation sterilization is a process of eliminating microorganisms by using ionizing radiation. Ionizing radiation has two types of particles, positively charged ions and negatively charged electrons. These particles are used to damage the genetic material in bacteria, viruses, and other microorganisms which prevents their reproduction & growth.
The sterilization process involves three basic steps: Irradiation (ir), Decontamination (dec), And final cleaning (fcl).
Application Insights:
The market is segmented based on application into hospitals, pharmaceutical companies, biopharmaceutical companies, medical device companies and diagnostic labs. The hospitals segment dominated the global terminal sterilization market in 2017 owing to increasing government initiatives to promote birth control measures among women as well as men. For instance, the National Institute of Health (NIH) has recommended sterilization procedures for controlling population growth among humans. Furthermore, growing awareness about family planning is also expected to boost demand for TSS in the hospital sector over the forecast period.
The pharmaceutical company¢â‚¬â„¢s application segment was valued at USD 446 million in 2017 and is projected to grow at a CAGR of XX% from 2018 to 2030 due largelyto rising adoption of these products by major players such as Pfizer Inc., Johnson & Johnson and Merck Sharp & Dohme Corp.
Regional Analysis:
North America dominated the global market in 2017. The presence of a large number of biopharmaceutical and medical device manufacturers, coupled with stringent government regulations regarding the usage of sterilization techniques, is expected to drive the regional market over the forecast period. In addition, increasing investments by governments in healthcare infrastructure are also expected to propel growth over the next eight years.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to rising awareness about various advanced technologies such as sterilization and disinfection among hospitals & clinics, laboratories & diagnostic centers as well as pharmaceutical companies operating in this region. In addition, rapidly growing medical tourism industry will also contribute towards increased demand for these services which will further boost regional expansion over coming years.
Growth Factors:
- Increasing demand for sterile medical devices and consumables
- Rising prevalence of hospital-acquired infections (HAIs)
- Growing number of surgical procedures worldwide
- Proliferation of private clinics and hospitals
- Technological advancements in terminal sterilization processes
Scope Of The Report
Report Attributes
Report Details
Report Title
Terminal Sterilization Market Research Report
By Type
Ethylene Oxide Sterilization, Irradiation Sterilization, Moist Heat Sterilization, Vaporized Hydrogen Peroxide Sterilization
By Application
Hospitals, Pharmaceutical Companies, Biopharmaceutical Companies, Medical Device Companies, Diagnostic Labs
By Companies
Johnson And Johnson, DuPont, Steris Plc, Getinge Group, Advanced Sterilization Products Services, M, Belimed, Cantel Medical, Matachana Group, Sterigenics International, Olympus Corp, TSO3, Celitron, MMM Group, Fedegari Group
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
133
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Terminal Sterilization Market Report Segments:
The global Terminal Sterilization market is segmented on the basis of:
Types
Ethylene Oxide Sterilization, Irradiation Sterilization, Moist Heat Sterilization, Vaporized Hydrogen Peroxide 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
Hospitals, Pharmaceutical Companies, Biopharmaceutical Companies, Medical Device Companies, Diagnostic Labs
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:
- Johnson And Johnson
- DuPont
- Steris Plc
- Getinge Group
- Advanced Sterilization Products Services
- M
- Belimed
- Cantel Medical
- Matachana Group
- Sterigenics International
- Olympus Corp
- TSO3
- Celitron
- MMM Group
- Fedegari Group
Highlights of The Terminal 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:
- Ethylene Oxide Sterilization
- Irradiation Sterilization
- Moist Heat Sterilization
- Vaporized Hydrogen Peroxide Sterilization
- By Application:
- Hospitals
- Pharmaceutical Companies
- Biopharmaceutical Companies
- Medical Device Companies
- Diagnostic Labs
- 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 Terminal 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.
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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?
Terminal sterilization is a process that uses heat and radiation to kill all living cells in an object. This is used to prevent the spread of disease.
Some of the major companies in the terminal sterilization market are Johnson And Johnson, DuPont, Steris Plc, Getinge Group, Advanced Sterilization Products Services, M, Belimed, Cantel Medical, Matachana Group, Sterigenics International, Olympus Corp, TSO3, Celitron, MMM Group, Fedegari Group.
The terminal sterilization 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 Terminal 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 Terminal Sterilization Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Terminal 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 Terminal 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 Terminal Sterilization Market Size & Forecast, 2020-2028 4.5.1 Terminal Sterilization Market Size and Y-o-Y Growth 4.5.2 Terminal Sterilization 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 Irradiation Sterilization
5.2.3 Moist Heat Sterilization
5.2.4 Vaporized Hydrogen Peroxide 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 Hospitals
6.2.2 Pharmaceutical Companies
6.2.3 Biopharmaceutical Companies
6.2.4 Medical Device Companies
6.2.5 Diagnostic Labs
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Terminal 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 Terminal 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 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 Irradiation Sterilization
9.6.3 Moist Heat Sterilization
9.6.4 Vaporized Hydrogen Peroxide 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 Hospitals
9.10.2 Pharmaceutical Companies
9.10.3 Biopharmaceutical Companies
9.10.4 Medical Device Companies
9.10.5 Diagnostic Labs
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 Irradiation Sterilization
10.6.3 Moist Heat Sterilization
10.6.4 Vaporized Hydrogen Peroxide 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 Hospitals
10.10.2 Pharmaceutical Companies
10.10.3 Biopharmaceutical Companies
10.10.4 Medical Device Companies
10.10.5 Diagnostic Labs
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 Irradiation Sterilization
11.6.3 Moist Heat Sterilization
11.6.4 Vaporized Hydrogen Peroxide 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 Hospitals
11.10.2 Pharmaceutical Companies
11.10.3 Biopharmaceutical Companies
11.10.4 Medical Device Companies
11.10.5 Diagnostic Labs
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 Irradiation Sterilization
12.6.3 Moist Heat Sterilization
12.6.4 Vaporized Hydrogen Peroxide 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 Hospitals
12.10.2 Pharmaceutical Companies
12.10.3 Biopharmaceutical Companies
12.10.4 Medical Device Companies
12.10.5 Diagnostic Labs
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 Irradiation Sterilization
13.6.3 Moist Heat Sterilization
13.6.4 Vaporized Hydrogen Peroxide 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 Hospitals
13.10.2 Pharmaceutical Companies
13.10.3 Biopharmaceutical Companies
13.10.4 Medical Device Companies
13.10.5 Diagnostic Labs
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 Terminal Sterilization Market: Competitive Dashboard
14.2 Global Terminal Sterilization Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Johnson And Johnson
14.3.2 DuPont
14.3.3 Steris Plc
14.3.4 Getinge Group
14.3.5 Advanced Sterilization Products Services
14.3.6 M
14.3.7 Belimed
14.3.8 Cantel Medical
14.3.9 Matachana Group
14.3.10 Sterigenics International
14.3.11 Olympus Corp
14.3.12 TSO3
14.3.13 Celitron
14.3.14 MMM Group
14.3.15 Fedegari Group