Sterilization Services Market

Sterilization service market has been expected to grow at a CAGR of 7.7% from its estimated USD 3.6 bsillion in 2024 to USD 5.2 billion by 2029 as per our studies. The  prevalence of HAIs is the main factors for the growth of the sterilization services market. While the growth of hydrogen peroxide sterilization is an upcoming trend in the sterilization services market.

The sterilization service marketis highly competitive, with top companies holding significant market shares. The top three players in this market include STERIS plc (Ireland), Sotera Health (US), and Servizi Italia S.p.A (Italy). Players in this market are focusing on adopting organic and inorganic growth strategies such as expansions, and acquisitions to increase their sterilization services portfolio, cater to customer needs, increase their profitability and expand their presence in the global sterilization services market.

To know about the assumptions considered for the study download the pdf brochure

STERIS plc (Ireland)

STERIS is leading with the most shares in the sterilization market. It has a strong portfolio of sterilization products & services. The company’s broad product portfolio is its key strength. STERIS markets various contract processing services using gamma irradiation, electron beam processing, EtO technologies, and a range of laboratory testing services. The company has a geographic presence across various region around the world. The company derives majority of its revenues from North America, specifically the US. To further expand and maintain its leading market position, STERIS focuses on organic & inorganic strategies, such as deals, acquisitions, and expansion.

Sotera Health (US)

Sotera Health is the second-highest player in our market. It has a strong service portfolio. With a global network spanning 65 facilities across 50 countries, the company serves a diverse clientele of over 5,000 customers worldwide. The company’s service portfolio includes contract sterilization services, microbiological & analytical testing services, consulting services, radiation-processing services, and microorganism-reduction services. The company mainly generates its revenue from the US, followed by Canada, making it one of the leading players operating in the North American market.

Servizi Italia S.p.A (Italy)

Servizi Italia S.p.A is the third-highest player in the sterilization service market. It is growing significantly in the recent years with its main focus on the sterilization of the Italian healthcare system. It holds a strong presence in regions like Europe, Middle East and Africa and Asia Pacific, the company operates over 50  facilities. Servizi Italia offers a comprehensive range of services, including advanced sterilization solutions, and is supported by a team of over 3,600 professionals.

Related Reports:

Sterilization Services Market by Method (Electron beam, EtO, Steam, Gamma, X-Ray, Hydrogen Peroxide), Type (Contract Sterilization, Validation Services), Mode of Delivery (Off-Site, On-Site), End User, & Region - Global Forecast to 2029

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA : 1-888-600-6441
[email protected]