HOME Research Insight Key Players in the Sterilization Equipment Market Pursue the Strategies of Mergers and Acquisitions, Product Launches, Partnerships and Agreements, and Expansions.



Key Players in the Sterilization Equipment Market Pursue the Strategies of Mergers and Acquisitions, Product Launches, Partnerships and Agreements, and Expansions.


The sterilization equipment market is dominated by a few major players, with the top five players accounting for a majority of the market share. Prominent players in the sterilization equipment market include STERIS Corporation (U.S.), Getinge Group (Sweden), Advanced Sterilization Products (U.S.), 3M Company (U.S.), and Belimed AG (Switzerland).

STERIS Corporation is expected to dominate the global sterilization equipment market in 2016. The company derives majority of its revenue from the North American market. In order to augment its presence in the sterilization equipment market, the company primarily pursues the strategy of acquisition. For instance, in November 2015, STERIS Corporation acquired Synergy Health plc (U.K.). This acquisition enabled STERIS to become a leading player in the sterilization equipment market. In March 2015, STERIS Corporation acquired Dana Products, Inc. (U.S.), a manufacturer of chemical indicators which are used in steam sterilizers. This acquisition strengthened STERIS’ portfolio of steam sterilization monitoring & assurance products.

Getinge Group is a prominent player in the global sterilization equipment market. In order to sustain its leadership position and ensure future growth, the company pursues organic as well as inorganic strategies. For instance, in December 2015, Getinge Infection Control acquired Stericool (Turkey), a specialized player in low-temperature sterilization. This acquisition helped the company to strengthen customer offerings. In January 2014, Getinge Infection Control launched a next-generation washer disinfector—Getinge 86. The company also constantly focuses on innovation and development of novel sterilization and disinfection products. In 2014, company invested USD 76.4 million in R&D activities. Its efforts to develop new products have contributed significantly to its growth in the sterilization equipment market.

Majority of the industry players pursued the strategy of acquisition to achieve growth in the sterilization equipment market. This strategy accounted for 41.2% of the total growth strategies adopted between 2013 and 2016. New product launches and approvals accounted for the second-largest share of 26.5% of the total developments in the market between 2013 and 2016. Some of the leading market players that adopted this strategy are STERIS Corporation (U.S.), Sterigenics (U.S.), 3M Company (U.S.), Getinge (Sweden), and Advanced Sterilization Products (U.S.).

Related Reports:

Sterilization Equipment Market by Product (Moist Heat, Dry Heat, Ethylene Oxide, Filtration, E-beam, Gamma), Services (Onsite & Offsite), Consumables (Indicators, Detergents, Pouches) & End User (Hospitals, Pharmaceuticals) - Global Forecast to 2021

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