The report "Sterilization Equipment Market by Product & Services [Instruments (Heat, Filtration, Low temperature), Consumables & Accessories (Detergents, Indicators), Services (E beam, Gamma)], End User (Hospitals, Pharmaceutical Companies) - Global Forecast to 2027 The sterilization equipment market is expected to reach $14.59 billion by 2027 from $7.94 billion in 2018, at a CAGR of 7.0%.

Browse 177 market data Tables and 26 Figures spread through 180 Pages and in-depth TOC on "Sterilization Equipment Market"

Sterilization instruments accounted for the largest sterilization equipment market share in 2017

By product and service, the sterilization equipment market is classified into instruments, consumables & accessories, and services. The sterilization instruments segment accounted for the largest market share in 2017. The large share can be attributed to the growing incidence of HAIs and the growing volume of surgical procedures across the globe.

The hospitals and clinics segment dominated the sterilization equipment market in 2017

On the basis of end user, the sterilization equipment market has been segmented into hospitals and clinics, medical device companies, food and beverage industry, pharmaceutical companies, and other end users. The hospitals & clinics segment accounted for the largest share of the sterilization equipment market in 2017. The large share of this segment can be attributed to increasing incidence of healthcare-associated infections (HAIs), growing number of hospitals in Asian countries, and increasing number of surgical procedures.

North America is estimated to command the largest share of the sterilization equipment market in 2018

Based on region, the sterilization equipment market is segmented into North America, Europe, Asia Pacific, and the Rest of the World (RoW). In 2018, North America is expected to account for the largest share of the global sterilization equipment market. The increasing demand for sterilization technologies from the healthcare industry to minimize the occurrence of HAIs and the increasing number of surgeries in this region are the major factors supporting the growth of the sterilization equipment market in North America.

Key players in the sterilization equipment market include Steris Corporation (US), Getinge Group (Sweden), Advanced Sterilization Products (US), 3M Company (US), Belimed AG (Switzerland), Cantel Medical (US), and Sterigenics International, Inc. (US)

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