Global Sterilization Equipment Market - Projected to Reach $30.71 Billion by 2031

Global Sterilization Equipment Market: Projected to Reach $30.71 Billion by 2031

Sterilization Equipment Market 2024-2031 Meticulous Research , a distinguished market research firm, has recently published an in- depth report titled, "Sterilization Equipment Market by Offering (Equipment [Heat {Moist (Gravity, High-speed), Dry (Static Air, Forced Air)}, Low-temperature {Gas Plasma, Ozone, Formaldehyde}, Radiation, Filtration], Services [Gamma, Steam]), End User - Global Forecast to 2031." Download Sample Report Here @ https://www.meticulousresearch.com/download- sample-report/cp_id=5141 The latest publication from Meticulous Research forecasts the global sterilization equipment market to soar to $30.71 billion by 2031, achieving a compound annual growth rate (CAGR) of 8.3% from 2024 to 2031. The market's robust expansion is fueled by factors such as the rising incidence of hospital-acquired infections, an increasing number of surgical procedures, and heightened demand for sterilization within the food industry to combat food- borne illnesses. Moreover, advancements like the adoption of e-beam sterilization, escalating demand in emerging markets, and the rising use of supercritical CO2 sterilization technology in the medical device sector present significant opportunities for market growth. Despite these growth drivers, challenges such as non-compliance with sterilization standards in healthcare settings and concerns over the safety of reprocessed instruments pose potential obstacles. Additionally, the harmful effects of ethylene oxide present further restraint to market expansion. Key Market Participants: The report profiles prominent players in the sterilization equipment market, including: STERIS plc. (U.S.) Getinge AB (Sweden) 3M Company (U.S.) Advanced Sterilization Products (U.S.) MMM Group (Germany) MATACHANA Group (Spain) Cardinal Health, Inc. (U.S.) Sotera Health (U.S.) Belimed AG (Switzerland) Benchmark Scientific, Inc. (U.S.) Andersen Sterilizers, Inc. (U.S.) Steelco S.P.A. (Part of Miele & Cie. Kg) (Italy) Market Segmentation: The sterilization equipment market is segmented by offering, end user, and geography: Offering: The market is divided into equipment, services, and consumables & accessories. The equipment category encompasses heat/steam sterilization equipment (moist and dry heat sterilizers), low-temperature sterilization equipment, radiation sterilization equipment, and filtration sterilization equipment. Services include ethylene oxide, gamma, e-beam, and steam sterilization services. Consumables and accessories cover sterilization indicators, sterilants, and instrument packaging. Page 1 of 2 Meticulous Research| sales@meticulousresearch.com

Sterilization Equipment Market 2024-2031 In 2024, the equipment segment is expected to dominate the market, driven by its effectiveness in sterilizing reusable medical and surgical instruments and other materials necessary for maintaining microbial-safe environments. End User: The market is segmented into hospitals & clinics, medical device companies, the food & beverage industry, and other end users. Hospitals & clinics are projected to hold the largest market share in 2024, propelled by increasing hospital admissions, rising hospital-acquired infection rates, and the growing demand for high- quality healthcare facilities. Geography: North America is anticipated to command the largest market share in 2024. Contributing factors include increased healthcare expenditure, the thriving pharma & biotech industries, a growing elderly population with chronic diseases, and governmental initiatives to reduce hospital-acquired infections and promote effective sterilization practices. Quick Buy @ https://www.meticulousresearch.com/Checkout/15322244 About Meticulous Research Meticulous Research was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value- driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth. Contact Us: Meticulous Research Email- sales@meticulousresearch.com Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous- research Page 2 of 2 Meticulous Research| sales@meticulousresearch.com