Sterilization Services Market: Trends, Opportunities, and Future Growth 2021-2030
https://www.alliedmarketresearch.com/sterilization-services-market-A07513
The global sterilization services market size is projected to reach $5,594 million by 2030, registering a CAGR of 5.1% from 2021 to 2030.
WILMINGTON, DELAWARE , UNITED STATES, July 19, 2024 /EINPresswire.com/ -- Key drivers of the global sterilization services market include the increasing prevalence of hospital-acquired infections (HAIs), technological advancements in sterilization methods, rising demand for sterilized medical equipment, and the growing geriatric and pediatric populationsโ.
The global sterilization services market was valued at $3,381 million in 2020, and is projected to reach $5,594 million by 2030, registering a CAGR of 5.1% from 2021 to 2030.
Sterilization services are crucial for ensuring the safety and efficacy of medical devices, pharmaceuticals, and other products by eliminating harmful microorganisms. The market is segmented by method (e.g., ethylene oxide (ETO) sterilization, gamma sterilization, steam sterilization, electron beam radiation sterilization), business type (contract sterilization services and sterilization validation services), and end-users (medical device companies, hospitals and clinics, pharmaceutical and biotechnology industries).
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ฉ๐จ๐ซ๐ญ https://www.alliedmarketresearch.com/request-sample/A07513
Ethylene oxide (ETO) sterilization is particularly dominant due to its effectiveness for heat-sensitive materials, while gamma sterilization is widely used in healthcare and pharmaceuticals. The contract sterilization services segment is expected to maintain its dominance, driven by the growing trend of outsourcing sterilization needsโ (Custom Market Insights)โ.
North America leads the market, supported by stringent regulatory standards, a high number of surgical procedures, and a strong focus on infection control. Europe and Asia-Pacific are also expected to see substantial growth, with increasing healthcare infrastructure and rising awareness about infection preventionโ (Mordor Intelligence)โโ (Research and Markets)โ.
Overall, the market's expansion is supported by the increasing need for infection control in healthcare settings, the rise in surgical procedures, and the growing use of advanced sterilization technologies.
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By method, the ethylene oxide (ETO) sterilization segment was the major shareholder in 2020, and is expected to remain dominant throughout the forecast period.
On the basis of mode of delivery, the off-site sterilization services segment acquired the largest sterilization services market share in 2020, and is expected to continue the same trend throughout the forecast period.
Depending on end user, the pharmaceutical & medical device companies segment dominated the sterilization services market in 2020.
Asia-Pacific is expected to exhibit highest CAGR of 5.9% in the near future.
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The study provides an in-depth analysis of the sterilization services market size along with the current trends and future estimations to elucidate the imminent investment pockets.
It offers sterilization services market analysis from 2020 to 2030, which is expected to enable the stakeholders to capitalize on the prevailing opportunities in the market.
A comprehensive analysis of four regions is provided to determine the prevailing opportunities.
The profiles and growth strategies of the key players are thoroughly analyzed to understand the competitive outlook and global sterilization services market growth.
๐๐จ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ https://www.alliedmarketresearch.com/purchase-enquiry/A07513
๐๐๐ฒ ๐๐ญ๐๐ซ๐ข๐ฅ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐๐๐ซ๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
NOXILIZER INC
H.W.ANDERSEN PRODUCTS LTD.
FORTIVE CORPORATION
SOTERA HEALTH LLC.
E-BEAM SERVICES, INC.
MEDISTRI SA.
METALL ZUG AG
STRYKER CORPORATION
MMM GROUP
STERIS PLC
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๐๐๐ ๐น๐๐๐๐๐๐ ๐๐ ๐ณ๐๐๐ ๐บ๐๐๐๐๐๐ ๐ซ๐๐๐๐๐-
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๐จ๐ซ ๐๐ฎ๐ฉ๐ฉ๐จ๐ฌ๐ข๐ญ๐จ๐ซ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ https://www.alliedmarketresearch.com/fatty-bases-for-suppositories-market-A31722
๐๐ข๐๐จ๐ญ๐ข๐ง๐ ๐๐๐ฉ๐ฅ๐๐๐๐ฆ๐๐ง๐ญ ๐๐ก๐๐ซ๐๐ฉ๐ฒ ๐๐๐ซ๐ค๐๐ญ https://www.alliedmarketresearch.com/nicotine-replacement-therapy-market-A31526
David Correa
Allied Market Research
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