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Sterilization Services Market Size

  • Report ID: GMI7178
  • Published Date: Oct 2023
  • Report Format: PDF

Sterilization Services Market Size

The global sterilization services market was valued at USD 4.9 billion in 2022 and is estimated to account for USD 9.3 billion by 2032. Sterilization services refer to a range of specialized processes and techniques used to eliminate microorganisms, and other materials used in healthcare settings. For instance, as per the World Health Organization report, it is observed that in high-income countries, around 30% of patients in intensive care units endure at least one healthcare-associated infection (HAI). In contrast, lower and middle-income countries face a more substantial burden, with the incidence of HAIs often being 2 to 3 times higher.

 

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Moreover, nosocomial infections are HAI that are acquired while receiving treatment during the hospital stay, which first appears within 48 hours or more after hospital admission or within 30 days post discharge. Patients are generally affected by nosocomial infections in long-term care facilities, hospitals, ambulatory settings, and post-discharge from the hospital. Thus, an increasing incidence of hospital-acquired infections is said to propel the market growth during the projected period.

 

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Sterilization services industry was worth USD 4.9 billion in revenue in 2022 and is projected to reach USD 9.3 billion by 2032 attributed to the rising need to prevent patients from hospital-acquired infections in long-term care facilities, hospitals, and ambulatory settings.

The gas modalities segment generated USD 1.8 billion in revenue in 2022 and is projected to record considerable growth through 2032 driven by the versatility of the method to effectively sterilize a wide range of materials and equipment.

U.S. sterilization services market size accounted for USD 706 million in 2022 and is poised to exhibit robust growth through 2032 owing to the presence of the well-established medical device manufacturing hub in the country.

Some of the top sterilization service providers are Steris Corporation, Stryker Corporation, 3M Company, Ecolab Inc., Cantel Medical Corp., Cretex Companies, Noxilizer, Inc., Cosmed Group, Inc., Medline Industries, Inc., Anderson Products, Inc., and Doyen Medipharm, among others.

Sterilization Services Market Scope

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  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 394
  • Countries covered: 22
  • Pages: 273
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