Sterilization Equipment Market

STERIS Corporation and Getinge Group (Sweden) are the Key Players in the Sterilization Equipment Market

The global connected car market size is projected to reach USD 212.7 billion by 2027, from an estimated value of USD 42.6 billion in 2019, at a CAGR of 22.3%. The base year for the report is 2018, and the forecast period is from 2019 to 2027.

The prominent players operating in the sterilization equipment market include 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 (Netherlands), 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), and Andersen Products, Inc. (US). The players in this market mainly focused on product launches/approvals, expansions, agreements, partnerships, and acquisitions to develop and expand their market presence between 2016 and 2019.

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STERIS Corporation is a company based out of Ireland, with its headquarters in the United States. It was the global leader in the sterilization equipment market in 2018. STERIS has a strong product 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, and the AMSCO 110LS and 250LS Small Steam Sterilizers in April 2016. These developments have significantly helped the company offer innovative solutions to its customers on a global scale. STERIS’s global footprint helps it in generating revenue from different regions. In 2018, the company generated 70.1% of its total revenue from the US.

Getinge Group (Sweden) is one of the leading players in the sterilization equipment market. Getinge Group (Sweden) accounted for the second-largest market share of 9.9% of the global sterilization equipment market in 2018. 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 incessant efforts to develop innovative products by investing in continuous research & development.

Related Reports:

Sterilization Equipment Market by Product & Services (Instruments (Heat, Low temperature), Consumables & Accessories (Indicators, Lubricant), Services (E beam, Gamma)), End User (Hospitals and Clinics, Pharmaceutical Companies) - Global Forecast to 2024

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Report Code
MD 2149
RI Published ON
11/28/2019
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