Product Code: PM1948
The global terminal sterilization services market size is expected to reach USD 18.97 billion by 2028 according to a new study by Polaris Market Research. The report "Terminal Sterilization Services Market Share, Size, Trends, Industry Analysis Report, By End Use (Hospitals & Clinics, Pharmaceuticals, Others); By Product; By Region; Segment Forecast, 2021 - 2028" gives a detailed insight into the current market dynamics and provides analysis on future market growth.
The industry is seeing massive growth in recent years due to factors such as an increase in the number of surgeries across the globe and rising cases of Hospital-acquired infections (HAIs). The emergence of the COVID-19 pandemic has provided an opportunity for the accelerated growth during the forecast period.
Many services systems include ethylene oxide, moist heat, and irradiation type of sterilizing. Ethylene oxide is the most commonly used low-temperature sterilizing technique as they are well suited for many medical instruments and devices. Terminal sterilizing systems have applications in hospitals, clinical laboratories, and pharmaceutical industries.
Surgical procedures are increasing every year. It is estimated that more than 330 million surgical procedures are conducted globally every year. The increasing incidence of cancer, cardiovascular disease, and other chronic diseases are contributing to the growth of increased surgical procedures. In the US alone, more than 157 million people are living with some form of chronic disease.
New sterilizing systems are arriving in the industry, which is expected to be adopted in the hospitals in the coming years. Companies are also in the process of acquisition to increase the portfolio of products. For instance, In January 2021, Cantel Medical was acquired by Steris for USD 4.6 billion. Cantel has a wide range of disinfectant products in their portfolio, which Steris will now offer.
Industry participants include Getinge Group, Advanced Sterilization Products Services, Inc., Steris Plc, Belimed, Cantel Medical, 3M, Sterigenics International LLC, TSO3, Matachana Group, and Olympus Corporation are some of the key players operating in the global market.
Polaris Market Research has segmented the terminal sterilization services market report on the basis of product, end-use, and region:
Terminal Sterilization Services, Product Outlook (Revenue - USD Million, 2016 - 2028)
Ethylene Oxide
Irradiation
Moist Heat Terminal Sterilization
Others
Terminal Sterilization Services, End-use Outlook (Revenue - USD Million, 2016 - 2028)
Hospitals & clinics
Pharma
Others
Terminal Sterilization Services, Regional Outlook (Revenue - USD Million, 2016 - 2028)
North America
U.S.
Canada
Europe
Germany
UK
Italy
France
Spain
Austria
Netherlands
Asia Pacific
China
Japan
India
Indonesia
Malaysia
South Korea
Latin America
Brazil
Argentina
Mexico
Middle East & Africa
Israel
Saudi Arabia
South Africa
UAE
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Terminal Sterilization Services Market Insights
- 4.1. Terminal Sterilization Services - Industry snapshot
- 4.2. Terminal Sterilization Services Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Surge in COVID-19 cases
- 4.2.1.2. Growing concerns to contain microbial infections in the healthcare facilities
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Associated side effects
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTLE Analysis
- 4.5. Terminal Sterilization Services Market Industry trends
- 4.6. COVID-19 Impact Analysis
5. Terminal Sterilization Services Market Assessment by Product
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Terminal Sterilization Services Market, By Product, 2016 - 2028 (USD Million)
- 5.3. Ethylene Oxide
- 5.3.1. Global Terminal Sterilization Services Market, by Ethylene Oxide, by Region, 2016 - 2028 (USD Million)
- 5.4. Irradiation
- 5.4.1. Global Terminal Sterilization Services Market, by Irradiation, by Region, 2016 - 2028 (USD Million)
- 5.5. Moist Heat Terminal Sterilization
- 5.5.1. Global Terminal Sterilization Services Market, by Moist Heat Terminal Sterilization, by Region, 2016 - 2028 (USD Million)
- 5.6. Others
- 5.6.1. Global Terminal Sterilization Services Market, by Others, by Region, 2016 - 2028 (USD Million)
6. Global Terminal Sterilization Services Market, by End-Use
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Terminal Sterilization Services Market, By End Use, 2016 - 2028 (USD Million)
- 6.3. Hospitals & Clinics
- 6.3.1. Global Terminal Sterilization Services Market, by Hospitals & Clinics, By Region, 2016 - 2028 (USD Million)
- 6.4. Pharma
- 6.4.1. Global Terminal Sterilization Services Market, by Pharma, by Region, 2016 - 2028 (USD Million)
- 6.5. Others
- 6.5.1. Global Terminal Sterilization Services Market, by Others, by Region, 2016 - 2028 (USD Million)
7. Terminal Sterilization Services Market Assessment by Geography
- 7.1. Key findings
- 7.2. Introduction
- 7.2.1. Terminal Sterilization Services Market Assessment, By Geography, 2016 - 2028 (USD Million)
- 7.3. Terminal Sterilization Services Market - North America
- 7.3.1. North America: Terminal Sterilization Services Market, By Product, 2016 - 2028 (USD Million)
- 7.3.2. North America: Terminal Sterilization Services Market, By End Use, 2016 - 2028 (USD Million)
- 7.3.3. Terminal Sterilization Services Market - U.S.
- 7.3.3.1. U.S.: Terminal Sterilization Services Market, By Product, 2016 - 2028 (USD Million)
- 7.3.3.2. U.S.: Terminal Sterilization Services Market, By End Use, 2016 - 2028 (USD Million)
- 7.3.4. Terminal Sterilization Services Market - Canada
- 7.3.4.1. Canada: Terminal Sterilization Services Market, By Product, 2016 - 2028 (USD Million)
- 7.3.4.2. Canada.: Terminal Sterilization Services Market, By End Use, 2016 - 2028 (USD Million)
- 7.4. Terminal Sterilization Services Market - Europe
- 7.4.1. Europe: Terminal Sterilization Services Market, By Product, 2016 - 2028 (USD Million)
- 7.4.2. Europe: Terminal Sterilization Services Market, By End Use, 2016 - 2028 (USD Million)
- 7.4.3. Terminal Sterilization Services Market - UK
- 7.4.3.1. UK: Terminal Sterilization Services Market, By Product, 2016 - 2028 (USD Million)
- 7.4.3.2. UK: Terminal Sterilization Services Market, By End Use, 2016 - 2028 (USD Million)
- 7.4.4. Terminal Sterilization Services Market - France
- 7.4.4.1. France: Terminal Sterilization Services Market, By Product, 2016 - 2028 (USD Million)
- 7.4.4.2. France: Terminal Sterilization Services Market, By End Use, 2016 - 2028 (USD Million)
- 7.4.5. Terminal Sterilization Services Market - Germany
- 7.4.5.1. Germany: Terminal Sterilization Services Market, By Product, 2016 - 2028 (USD Million)
- 7.4.5.2. Germany: Terminal Sterilization Services Market, By End Use, 2016 - 2028 (USD Million)
- 7.4.6. Terminal Sterilization Services Market - Italy
- 7.4.6.1. Italy: Terminal Sterilization Services Market, By Product, 2016 - 2028 (USD Million)
- 7.4.6.2. Italy: Terminal Sterilization Services Market, By End Use, 2016 - 2028 (USD Million)
- 7.4.7. Terminal Sterilization Services Market - Spain
- 7.4.7.1. Spain: Terminal Sterilization Services Market, By Product, 2016 - 2028 (USD Million)
- 7.4.7.2. Spain: Terminal Sterilization Services Market, By End Use, 2016 - 2028 (USD Million)
- 7.4.8. Terminal Sterilization Services Market - Netherlands
- 7.4.8.1. Netherlands: Terminal Sterilization Services Market, By Product, 2016 - 2028 (USD Million)
- 7.4.8.2. Netherlands: Terminal Sterilization Services Market, By End Use, 2016 - 2028 (USD Million)
- 7.4.9. Terminal Sterilization Services Market - Austria
- 7.4.9.1. Austria: Terminal Sterilization Services Market, By Product, 2016 - 2028 (USD Million)
- 7.4.9.2. Austria: Terminal Sterilization Services Market, By End Use, 2016 - 2028 (USD Million)
- 7.5. Terminal Sterilization Services Market - Asia-Pacific
- 7.5.1. Asia Pacific: Terminal Sterilization Services Market, By Product, 2016 - 2028 (USD Million)
- 7.5.2. Asia Pacific: Terminal Sterilization Services Market, By End Use, 2016 - 2028 (USD Million)
- 7.5.3. Terminal Sterilization Services Market - China
- 7.5.3.1. China: Terminal Sterilization Services Market, By Product, 2016 - 2028 (USD Million)
- 7.5.3.2. China: Terminal Sterilization Services Market, By End Use, 2016 - 2028 (USD Million)
- 7.5.4. Terminal Sterilization Services Market - India
- 7.5.4.1. India: Terminal Sterilization Services Market, By Product, 2016 - 2028 (USD Million)
- 7.5.4.2. India.: Terminal Sterilization Services Market, By End Use, 2016 - 2028 (USD Million)
- 7.5.5. Terminal Sterilization Services Market - Malaysia
- 7.5.5.1. Malaysia: Terminal Sterilization Services Market, By Product, 2016 - 2028 (USD Million)
- 7.5.5.2. Malaysia: Terminal Sterilization Services Market, By End Use, 2016 - 2028 (USD Million)
- 7.5.6. Terminal Sterilization Services Market - Japan
- 7.5.6.1. Japan: Terminal Sterilization Services Market, By Product, 2016 - 2028 (USD Million)
- 7.5.6.2. Japan: Terminal Sterilization Services Market, By End Use, 2016 - 2028 (USD Million)
- 7.5.7. Terminal Sterilization Services Market - Indonesia
- 7.5.7.1. Indonesia: Terminal Sterilization Services Market, By Product, 2016 - 2028 (USD Million)
- 7.5.7.2. Indonesia: Terminal Sterilization Services Market, By End Use, 2016 - 2028 (USD Million)
- 7.5.8. Terminal Sterilization Services Market - South Korea
- 7.5.8.1. South Korea: Terminal Sterilization Services Market, By Product, 2016 - 2028 (USD Million)
- 7.5.8.2. South Korea.: Terminal Sterilization Services Market, By End Use, 2016 - 2028 (USD Million)
- 7.6. Terminal Sterilization Services Market - Middle East & Africa
- 7.6.1. Middle East & Africa: Terminal Sterilization Services Market, By Product, 2016 - 2028 (USD Million)
- 7.6.2. Middle East & Africa.: Terminal Sterilization Services Market, By End Use, 2016 - 2028 (USD Million)
- 7.6.3. Terminal Sterilization Services Market - Saudi Arabia
- 7.6.3.1. Saudi Arabia: Terminal Sterilization Services Market, By Product, 2016 - 2028 (USD Million)
- 7.6.3.2. Saudi Arabia.: Terminal Sterilization Services Market, By End Use, 2016 - 2028 (USD Million)
- 7.6.4. Terminal Sterilization Services Market - UAE
- 7.6.4.1. UAE: Terminal Sterilization Services Market, By Product, 2016 - 2028 (USD Million)
- 7.6.4.2. UAE: Terminal Sterilization Services Market, By End Use, 2016 - 2028 (USD Million)
- 7.6.5. Terminal Sterilization Services Market - Israel
- 7.6.5.1. Israel: Terminal Sterilization Services Market, By Product, 2016 - 2028 (USD Million)
- 7.6.5.2. Israel: Terminal Sterilization Services Market, By End Use, 2016 - 2028 (USD Million)
- 7.6.6. Terminal Sterilization Services Market - South Africa
- 7.6.6.1. South Africa: Terminal Sterilization Services Market, By Product, 2016 - 2028 (USD Million)
- 7.6.6.2. South Africa: Terminal Sterilization Services Market, By End Use, 2016 - 2028 (USD Million)
- 7.7. Terminal Sterilization Services Market - Latin America
- 7.7.1. Latin America: Terminal Sterilization Services Market, By Product, 2016 - 2028 (USD Million)
- 7.7.2. Latin America: Terminal Sterilization Services Market, By End Use, 2016 - 2028 (USD Million)
- 7.7.3. Terminal Sterilization Services Market - Mexico
- 7.7.3.1. Mexico: Terminal Sterilization Services Market, By Product, 2016 - 2028 (USD Million)
- 7.7.3.2. Mexico.: Terminal Sterilization Services Market, By End Use, 2016 - 2028 (USD Million)
- 7.7.4. Terminal Sterilization Services Market - Brazil
- 7.7.4.1. Brazil: Terminal Sterilization Services Market, By Product, 2016 - 2028 (USD Million)
- 7.7.4.2. Brazil.: Terminal Sterilization Services Market, By End Use, 2016 - 2028 (USD Million)
- 7.7.5. Terminal Sterilization Services Market - Argentina
- 7.7.5.1. Argentina: Terminal Sterilization Services Market, By Product, 2016 - 2028 (USD Million)
- 7.7.5.2. Argentina.: Terminal Sterilization Services Market, By End Use, 2016 - 2028 (USD Million)
8. Competitive Landscape
- 8.1. Expansion and Acquisition Analysis
- 8.2. Partnerships/Collaborations/Agreements/Exhibitions
9. Company Profiles
- 9.1. Steris Plc
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Recent Development
- 9.2. Getinge Group
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Recent Development
- 9.3. Belimed
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Recent Development
- 9.4. Cantel Medical
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Recent Development
- 9.5. Matachana Group
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Recent Development
- 9.6. Sterigenics International LLC
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Recent Development
- 9.7. Olympus Corp.
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Recent Development
- 9.8. TSO3
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.8.4. Recent Development
- 9.9. Advanced Sterilization Products Services Inc
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Product Benchmarking
- 9.9.4. Recent Development
- 9.10. Getinge
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Product Benchmarking
- 9.10.4. Recent Development
- 9.11. 3M
- 9.11.1. Company Overview
- 9.11.2. Financial Performance
- 9.11.3. Product Benchmarking
- 9.11.4. Recent Development