Sterilization Global Market – Forecast To 2024

Published by IQ4I on 23rd August 2018 | Ref: 1022060 | This Report Is In Stock

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Introduction

The process of completely eliminating any surface or object from bacteria or other pathogenic agents is referred as sterilization. The preference for a particular method of sterilization depends on many aspects such as constituents of the sterilizing object, type of application, microbial load, classification and suitability of sterilization method. Sterilization is given at most importance in the medical field to prevent the buildup of disease causing pathogens and to spread of diseases.

The sterilization global market is poised to grow at a high single digit CAGR to reach ,438.2 million by 2024. Rise in incidences of hospital acquired infections (HAIs) especially in aging population and increase in number of surgeries performed are driving sterilization market growth. In addition, use of e-beam radiation sterilization, through contract sterilization industry, advancements in technologies such as use of gas plasma, use of NO2, peracetic acid sterilization, e-beam technology, supercritical CO2 and improving healthcare infrastructure are providing new opportunities for growth to sterilization market. However, high cost of sterilization technology and capital expenditure for setup of new facility and issues with handling of ethylene oxide are restraining market expansion. Stringent regulations for ensuring sterilization and validation of sterile filtration methods and increasing popularity of single-use products in healthcare, pharma and bio-pharma industries is threatening the market growth.

The Sterilization global market by products is segmented as equipments, consumables and services. Equipments market commanded the largest revenue and is projected to grow at high single digit CAGR from 2017 to 2024. Services market is projected to grow with strong CAGR from 2017 to 2024 due to increase in outsourcing of sterilization process to professional organizations. Equipments market is further segmented based on products into heat, low-temperature, filtration and radiation sterilizers. Heat sterilization commanded the largest revenue in 2017 and is projected to grow at high single digit CAGR from 2017 to 2024 this is because heat sterilization is the safest, cheapest and most widely used sterilization method. However, low-temperature sterilization is projected to grow at strong high single digit CAGR from 2017 to 2024 due to complexity of device designs and non-suitability of these devices for heat Sterilization. Heat sterilizers are further sub-segmented into Wet/Moist heat sterilization and dry heat sterilization based on method. Moist heat sterilization commanded the largest revenue in 2017 and is projected to reach ,781.5 million by 2024. Based on sterilizer type heat sterilization is segmented into Vertical horizontal and portable sterilizers. Vertical sterilizers commanded the largest revenue in 2017 and portable sterilizers are projected to grow at double digit CAGR from 2017 to 2024. Low temperature sterilization is subdivided into ethylene oxide (EtO) sterilization, Hydrogen Peroxide, Vapour Hydrogen Peroxide, Formaldehyde sterilization Peracetic acid and others. Ethylene oxide was the fastest and largest segment in 2017 and is projected to grow at double digit CAGR from 2017 to 2024. The radiation sterilization market by technology is further segmented into Ionizing and non-ionizing radiation. Ionizing radiation is expected to grow at mid single digit CAGR from 2017 to 2024 due to increasing acceptance of radiation sterilization and popularity of e-beam technology.

The sterilization global market by consumables is further segmented into sterility monitors, sterile pouches & rolls, sterilization wraps and others. The sterilization monitors commanded the largest revenue in 2017 and it is projected to grow at mid single digit CAGR of from 2017 to 2024. The sterility monitors are further segmented into biological and chemical indicators where chemical indicators commanded the largest revenue in 2017 and this market is projected to grow at high single digit CAGR from 2017 to 2024 due to mandatory requirement to ensure sterility of medical devices after sterilization process. The sterilization market by services is divided based on type of service into In-house sterilization services and Contract Sterilization services. Contract sterilization service commanded the largest revenue in 2017 and is projected to be the fastest growing segment with double digit CAGR from 2017 to 2024 due emerging popularity of outsourcing of sterilization processes by hospitals, medical device companies and also as cost saving strategies.

The Sterilization market by end-users is divided into Pharma & Biotech, Medical devices, Hospitals and Others. Hospital commanded the largest revenue in 2017 and is project to grow at mid single digit CAGR from 2017 to 2024 due to increasing concern of hospital acquired infections and emerging diseases. However, medical devices is projected to be the fastest growing segment at high single digit CAGR from 2017 to 2024 due to stringent regulatory requirements and increasing number of surgeries.

Geographically, North America is the largest market, with a share of XX% followed by Europe, Asia-Pacific and Rest of the World. North America region commanded the largest in 2017 and is projected to grow at high single digit CAGR. Increasing aging population and number of surgeries performed combined with stringent regulations to curb hospital acquired infections (HAIs) are the driving factors. However, Asia-Pacific region is expected to grow close to double digit CAGR from 2017 to 2024 due to increased public awareness and adoption of new sterilization technologies.

The Sterilization global market is a highly fragmented, and all the existing players in this market are involved in developing new and advanced products to maintain their market shares. Some of the key players of the sterilization market are 3M company (U.S.), Cantel Medical (U.S.), Getinge (Sweden), Shinva (China), Metall Zug (Belimed) (Switzerland), Sterigenics (U.S.), Steris (U.S.), Matachana (Spain), J&J (ASP) (U.S.), Tuttnauer (Israel), Halyard Health, Inc (Owens & Minor)(U.S.)

The report provides an in depth market analysis of the above mentioned segments across the following regions:

• North America

• Europe

• Asia-Pacific

• Rest of the World (RoW)

Table of Contents

1 EXECUTIVE SUMMARY 33

2 INTRODUCTION 38

2.1 KEY TAKE AWAYS 38

2.2 SCOPE OF THE REPORT 39

2.3 REPORT DESCRIPTION 39

2.4 MARKETS COVERED 42

2.5 STAKEHOLDERS 44

2.6 RESEARCH METHODOLOGY 44

3 MARKET ANALYSIS 53

3.1 INTRODUCTION 53

3.2 MARKET SEGMENTATION 54

sterilization industry 58

of new facilities 60

sterile filtration methods 61

Bio-pharma industries impacting sterilization market. 63

3.3 REGULATORY GUIDELINES 63

3.4 PATENT TRENDS 70

3.5 SUPPLY CHAIN ANALYSIS 72

3.6 PORTER’S ANALYSIS 74

3.7 NEW PRODUCT LAUNCHES 78

3.8 MARKET SHARE ANALYSIS 79

3.9 EMERGING TRENDS AND TECHNOLOGIES 88

4 STERILIZATION GLOBAL MARKET, BY PRODUCT 90

4.1 INTRODUCTION 90

4.2 EQUIPMENTS 93

4.3 CONSUMABLES 150

4.4 SERVICES 163

5 STERILIZATION GLOBAL MARKET, BY END-USERS 195

5.1 INTRODUCTION 195

5.2 PHARMA AND BIOTECH INDUSTRY 198

5.3 MEDICAL DEVICES 202

5.4 HOSPITALS 205

5.5 OTHERS 206

6 REGIONAL ANALYSIS 209

6.1 INTRODUCTION 209

6.2 NORTH AMERICA 212

6.3 EUROPE 243

6.4 ASIA-PACIFIC 280

6.5 REST OF THE WORLD (ROW) 317

7 STERILIZERS GLOBAL INSTALL BASE 351

7.1 INTRODUCTION 351

7.2 STEAM STERILIZERS INSTALL BASE, BY REGION 357

PLAYERS (NO’S) 368

7.3 HYDROGEN PEROXIDE STERILIZERS INSTALL BASE, BY REGION 383

(NO’S)OF MAJOR PLAYERS 393

7.4 ETHYLENE OXIDE STERILIZERS INSTALL BASE, BY REGION 408

STERILIZERS INSTALL BASE 414

OF MAJOR PLAYERS 417

8 COMPETITIVE LANDSCAPE 431

8.1 INTRODUCTION 431

8.2 AGREEMENT & EXPANSION 433

8.3 ACQUISITION 435

8.4 APPROVAL 437

8.5 OTHERS 438

9 MAJOR COMPANIES 440

9.1 3M COMPANY 440

9.2 CANTEL MEDICAL CORPORATION 447

9.3 FORTISSIMO CAPITAL (TUTTNAUER) 458

9.4 GETINGE GROUP 462

9.5 HALYARD HEALTH INC. (OWENS AND MINOR) 470

9.6 JOHNSON & JOHNSON (ADVANCED STERILIZATION PRODUCTS) 477

9.7 MATACHANA GROUP 484

9.8 METALL ZUG (BELIMED) 488

9.9 SHINVA MEDICAL INSTRUMENT 495

9.10 SOTERA (STERIGENICS INTERNATIONAL, INC.) 501

9.11 STERIS CORPORATION 506

Additional Details

Publisher

IQ4I

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Reference

1022060 |

Number of Pages

516

Report Format

PDF

This report is published by IQ4I

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