Sterilization Equipment Market

Steris Corporation (US) and Getting Group (US) are Leading Players in the Sterilization Equipment Market

The sterilization equipment market is projected to reach USD  13.6 billion by 2025 from USD  12.1 billion in 2020, at a CAGR of 2.5% from 2020 to 2025. Sterilization is a process that involves the removal of microorganisms and other pathogens from an object or surface by treating it with chemicals or subjecting it to high heat or radiation. Sterilization is an integral part of infection control procedures. The growth of this market is driven by the rising incidence of hospital-acquired infections, increasing number of surgical procedures, and growing focus on food sterilization and disinfection.

The sterilization equipment market is a highly fragmented market and is dominated by various players. The major players operating in this market are STERIS Corporation (US), Getinge Group (Sweden), 3M Company Group (US), Belimed AG (Switzerland), MMM Group (Germany), MATACHANA Group (Spain), Sotera Health (US), Cantel Medical (US), Advanced Sterilization Products (US), Cardinal Health (US), Tuttnauer (Switzerland), DE LAMA S.p.A. (Italy), Systec GmbH (Germany), Steelco S.p.A. (Italy), Noxilizer, Inc. (US), Merck KGaA (Germany), Sartorius AG (Germany), E-BEAM Services, Inc. (US), Life Science Outsourcing, Inc. (US), Cosmed Group, Inc. (US), Andersen Products, Inc. (US), Stryker(US), C.B.M. S.r.l. Medical Equipement (Italy), Life Science Outsourcing, Inc. (US), Continental Equipment Company (US), and Midwest Sterilization Corporation (US).

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Steris Corporation (US)

Steris (US) held the leading position in the sterilization equipment market in 2019. STERIS has a strong portfolio of sterilization products & services. In order to expand and maintain its leading position in this market, STERIS majorly focuses on inorganic and organic strategies such as acquisitions, product launches, and expansions. For instance, in 2018, the company opened its new E-beam Plant in Komenda, Slovenia. The company also launched its products, such as the AMSCO 430LS and the 630LS Sterilizers, in August 2017. These developments have significantly helped the company offer innovative solutions to its customers on a global scale.

Getting Group (US)

Getinge Group (Sweden) accounted for the second-largest share of 9.9% of the global sterilization equipment market in 2019. The company’s sterilization equipment product portfolio includes flusher disinfectors, steam sterilizers, low-temperature sterilizers, and sterilization monitoring equipment. Getinge Group is likely to maintain its leading position in this market, owing to its strong portfolio of sterilization equipment and continuous efforts to develop innovative products by actively investing in research & development.

Related Reports:

Sterilization Equipment Market by Product & Services (Instruments (Dry Heat), Services (Ethylene Oxide, E-Beam, Steam), Consumables & Accessories (Pouches, Lubricants)), End User (Hospitals & Clinics, Pharmaceutical Companies) - Global Forecast to 2025

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Report Code
MD 2149
RI Published ON
6/24/2020
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