United States Sterilization Services Market [2028]: Dissecting Size, Share, and Competitive Intelligence - A TechSci Research Report

Written by Kumar Satyam  »  Updated on: July 08th, 2024

United States Sterilization Services Market [2028]: Dissecting Size, Share, and Competitive Intelligence - A TechSci Research Report

The sterilization services market in the United States has been steadily growing, with significant developments expected in the coming years. According to the TechSci Research report titled "Sterilization Services Market – United States Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028," the market stood at USD 2.45 billion in 2022 and is projected to grow at a CAGR of 4.79% during the forecast period of 2024-2028. Sterilization services play a crucial role in ensuring the safety and efficacy of medical equipment, pharmaceutical products, and laboratory items by eliminating harmful microorganisms.

Drivers of Market Growth

One of the primary drivers of the U.S. sterilization services market is the increasing demand for medical and surgical instruments. With the nation's growing population, there has been a simultaneous rise in the number of medical procedures and healthcare facilities. Hospitals, clinics, and outpatient facilities rely on sterilization services to maintain the safety of their patients. Additionally, advancements in medical technology have introduced a wide array of complex and sensitive instruments that require precise sterilization, further boosting the demand for sterilization services.

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Biotechnology and research laboratories also contribute significantly to the demand for sterilization services. These facilities require sterile environments to conduct experiments and studies accurately. From culture media and laboratory equipment to glassware and tissue samples, laboratories rely on sterilization to eliminate the risk of contamination, ensuring the accuracy and reliability of their findings.

Impact of COVID-19

The importance of infection control has become even more evident during the COVID-19 pandemic. Hospitals, clinics, and healthcare facilities have intensified their focus on hygiene and sanitation to prevent the spread of infections. Sterilization services play a crucial role in ensuring that medical instruments and surfaces are free from pathogens, reducing the risk of healthcare-associated infections. As healthcare providers become increasingly vigilant in maintaining sterile conditions, the demand for sterilization services continues to rise.

Market Segmentation

The sterilization services market is segmented based on technique, type, delivery mode, end-user, regional distribution, and company. Among the key segments:

Delivery Mode: Offsite sterilization services emerged as the dominant segment in the United States market in 2022. Offsite providers offer cost-effective solutions for sterilization compared to onsite services. They invest in state-of-the-art sterilization equipment and technologies, enhancing the efficiency and quality of the sterilization process.

Technique: Steam sterilization emerged as the dominant segment in the United States market in 2022. Steam sterilization is cost-effective, energy-efficient, and highly effective at eliminating a wide range of microorganisms. It is particularly reliable in ensuring that medical instruments and equipment are free from contaminants.

End User: Hospitals emerged as the dominant segment in the United States market for sterilization services in 2022. Hospitals prioritize patient safety, and sterile instruments and equipment are essential to ensuring the safety and well-being of patients. The diverse sterilization needs of hospitals drive the demand for comprehensive sterilization services.

Regional Distribution and Competitive Analysis

The Midwest emerged as the dominant player in the sterilization services market in 2022, holding the largest market share. The region boasts a robust healthcare infrastructure, with a significant number of hospitals, clinics, and healthcare facilities. The concentration of healthcare facilities in the Midwest drives the demand for sterilization services. Additionally, the Midwest is a hub for medical device manufacturing, further contributing to the demand for sterilization services to ensure compliance with stringent safety and quality standards.

Benefits of the Research Report

The TechSci Research report provides valuable insights into the sterilization services market in the United States, including industry size, share, trends, competition forecast, and opportunities. Key benefits of the report include:

1. Comprehensive analysis of market trends and drivers driving market growth.

2. Insightful segmentation of the market based on various factors such as technique, type, and end-user.

3. In-depth examination of regional distribution and competitive landscape.

4. Identification of key market players and their strategies.

5. Forecasting of market growth and opportunities for stakeholders.

Overall, the TechSci Research report serves as a valuable resource for industry stakeholders, including sterilization service providers, healthcare facilities, investors, and policymakers, enabling them to make informed decisions and capitalize on emerging opportunities in the sterilization services market.

Major companies operating in Sterilization Services Market are:

• Steris Corporation

• Getinge Group

• Advanced Sterilization Products Services, Inc.

• 3M Company

• Belimed

• Cantel Medical

• MATACHANA GROUP

• Sterigenics International LLC

• TSO3

• B. Braun Medical Ltd.

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 “The Sterilization Services (NGS) market is poised for significant growth in the coming years. The increasing emphasis on infection control, heightened by the COVID-19 pandemic, will continue to fuel demand, particularly in healthcare and pharmaceutical sectors. The growth of medical and surgical instrument manufacturing, pharmaceutical production, and biotechnology research will lead to a greater need for sterilization services. Additionally, evolving sterilization technologies and eco-friendly methods will enhance the industry's efficiency and sustainability. Regulatory compliance and the adherence to stringent environmental standards will continue to be paramount, ensuring safe and responsible sterilization practices.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

“Sterilization Services Market Segmented By Technique (Steam, EtO, E-beam radiation, Gamma radiation, Others), By Type (Contract services, Validation services), By Delivery Mode (Onsite, Offsite), By End Use (Hospitals, Pharmaceutical companies, Medical device companies, Clinical laboratories, Others) Region and Competition, Opportunity, and Forecast, 2018-2028”, has evaluated the future growth potential of Sterilization Services Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Sterilization Services Market.

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