Global Sterilization Equipment Market to reach USD 11.0 billion by 2027.Global Sterilization Equipment Market is valued approximately USD 5.52 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 10.3% over the forecast period 2021-2027. Most laboratory, especially microbiology and medical labs, require a sterile atmosphere. To sterilize equipment and supplies, autoclaves, clean-in-place (CIP) and sterilization-in-place (SIP) systems, dry heat sterilizers and ovens, steam sterilizers, media sterilizers, and UV chambers are used. A rise in the incidence of HAIs due to the lack of sanitation and preventative measures is expected to drive market growth during the forecast period. In 2018, According to a CDC estimate around 1.7 million HAI infections and 99,000 related fatalities are recorded each year in American hospitals. In 2018, According to research issued by the European Centre for Disease Prevention and Control (ECDC), HAIs were present in 7.1 percent of European countries. HAIs affect about 4,131,000 patients in Europe each year, according to the research. The need for sterilizing equipment is projected to rise as a result of such incidents. The demand for sterilizing equipment is expected to rise as the incidence of chronic diseases such as diabetes, cancer, and other autoimmune disorders rises. Antimicrobial resistance, greater adoption of unhealthy and sedentary lifestyles, smoking, and alcohol use are all important contributors to the rise in chronic disease prevalence. The growing incidence of chronic diseases has resulted in a considerable increase in hospital admissions. Moreover, safety concerns related to ethylene oxide sterilization hinders the market growth in forecasting years.


The main regions of Asia Pacific, North America, Europe, Latin America, and the Rest of the World are included in the geographical analysis of the worldwide Sterilization Equipment market. In 2020, North America dominated the market, accounting for significant amount of global revenue. The region's high share of the market due to advantageous reimbursement policies that encourage the use of sterilizing equipment, as well as the growing frequency of hospital-acquired illnesses. Furthermore, China, Japan, and India are among the developing and fastest growing markets in Asia Pacific. Due to factors such as the growing need to control hospital-acquired infections, the growing demand for non-disposable medical devices, and rising awareness about hygiene in hospitals and clinics, the market for sterilization equipment in this region is expected to grow significantly over the forecast period.

Major market player included in this report are:
STERIS Corporation
Getinge Group
3M Company Group
Belimed AG
MMM Group
MATACHANA Group
Sotera Health
Cantel Medical
Advanced Sterilization Products
Cardinal Health
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product & Service:
Sterilization Instruments
Sterilization Services
Sterilization Consumables & Accessories
By End-user:
Hospitals & Clinics
Medical Device Companies
Pharmaceutical Companies
Food & Beverages Companies
Other End Users
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027

Target Audience of the Global Sterilization Equipment Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors