The sterilization equipment market consists of the sales of sterilization equipment by entities (organizations, sole traders, and partnerships) that are used for sterilization and cleaning of different medical equipment to prevent infections and reduce the spread of diseases. Sterilization is a process of the complete elimination of all forms of microbial life, including bacteria, viruses, fungi, and spores on the surface of an item or in the fluid to prevent disease transmission related to the usage of an object. Sterilization equipment, such as steam sterilizers, sterilization systems, control systems, composite trays among others, plays a vital role in the sterilization of reusable medical devices and instruments by controlling and destroying microbial development and preventing the spread of diseases through medical devices and surgical tools to ensure the safety of patients, medical practitioners, and the environment.
The main types of products in sterilization equipment are sterilization indicators, detergents, pouches, lubricants, and sterilization accessories. Sterilization indicators show if the parameters in a steam autoclave cycle were sufficient for achieving a specified level of microbial inactivation. The different types of equipment include high-temperature sterilization, low-temperature sterilization, filtration sterilization, and ionizing radiation sterilization and are used in various areas such as pharmaceutical companies, hospitals, and clinics, medical device companies, food and beverage companies, others.
The global sterilization market size is expected to grow from $9.57 billion in 2021 to $10.74 billion in 2022 at a compound annual growth rate (CAGR) of 12.2%. The global sterilization market size is expected to reach $15.74 billion in 2026 at a CAGR of 10%.
The rising incidences of hospital-acquired infections are significantly contributing to the growth of the sterilization equipment market going forward. HAIs (hospital-acquired infections) is an illness that thrives in a hospital setting, such as those contracted by a patient during a hospital stay, and are a leading cause of morbidity and mortality around the world. These include bloodstream infections from a central line, urinary tract infections from a catheter, and pneumonia from a ventilator. The rising hospital-acquired infections require more sterilization equipment in healthcare facilities. For instance, according to the Centers for Disease Control and Prevention (CDC), healthcare-associated infections (HAIs) increased significantly in US hospitals in 2020, owing largely to the COVID-19 pandemic. In addition, in the second, third, and fourth quarters of 2020, national SIRs (standardized infection ratios) for central-line–associated bloodstream infections (CLABSIs) increased by 27.9%, 46.4%, and 47%, respectively. The SIR for CLABSIs increased by 149% in Arizona in the second quarter of 2020 compared to the same period in 2019; in Massachusetts, it doubled. Therefore, the rising incidences of hospital-acquired infections propel the growth of the sterilization equipment market.
The introduction of new sterilization instruments by key manufacturers is to bring speed, simplicity, and compliance to sterilization processing which is a major trend in the sterilization equipment market. Major companies operating in the sterilization equipment market are focused on introducing new equipment to meet consumer demand. For instance, in October 2020, Midmark Corp., a US-based manufacturer of healthcare products launched Sterilizer Data Logger and updated M3 Steam Sterilizer. Midmark has improved the performance of the sterilizers in the dental practice with the upgraded Midmark M3 Steam Sterilizer and new Sterilizer Data Logger. The redesigned Midmark M3 Steam Sterilizer sterilizes tools and handpieces rapidly and without fuss. It simplifies instrument sterilization with built-in safety safeguards, no extra air, and water filtration systems to maintain, and a small design. The new Sterilizer Data Logger records and stores the physical and mechanical performance of a sterilizer automatically. When the Sterilizer Data Logger is connected to a Midmark M9 or M11 steam sterilizer, it will provide access to years of data on a single USB drive. This strategy simplifies the transfer of information, saves time during audits, and makes troubleshooting sterilization concerns easier.
In June 2019, ProMach Inc., a US-based packaging machinery company acquired STOCK America Inc. for an undisclosed amount. Through this acquisition, ProMach Inc. aims to extend the keystone retort product lineup and strengthen its capability to provide sterilization solutions for the food processing industry. STOCK America Inc. is a US-based company that manufactures sterilization equipment.
Major players in the sterilization equipment market are STERIS, Getinge AB, 3M, Cardinal Health, Fortive Corporation , Stryker Corporation, Cantel Medical, MMM Group, Merck KGaA, Matachana Group, Systec GmbH, Metall Zug Group, Tuttnauer, DE LAMA S.P.A., Life Science Outsourcing Inc., and Midwest Sterilization Corporation.
North America was the largest region in the sterilization equipment market in 2021. Asia Pacific is expected to be the fastest growing region in the global sterilization market during the forecast period. The regions covered in the global sterilization equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the global sterilization equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The global sterilization equipment market is segmented -
1) By Product: Sterilization Indicators, Detergents, Pouches, Lubricants, Sterilization Accessories
2) By Equipment: High-Temperature Sterilization, Low-Temperature Sterilization, Filtration Sterilization, Lonizing Radiation Sterilization
3) By End User: Pharmaceutical Companies, Hospitals And Clinics, Medical Device Companies, Food And Beverage Companies, Other End Users