Sterilization Equipment Market to Reach 39.57 Billion by 2034

Vantage Market Research releases its latest comprehensive report on the ‘Sterilization Equipment Market’ with a forecast period of 2025-2034. In 2023, the global sterilization equipment market size was USD 14.73 billion, and is calculated at USD 16.11 billion in 2024. The market is projected to reach USD 39.57 billion in 2034, and register a revenue CAGR of 9.4% over the forecast period (2025-2034).

Market Overview:

Global sterilization equipment market revenue growth continues to incline steadily due to factors such as rising demand for sterilization equipment in healthcare settings and facilities to ensure patient safety and security, meet compliances and requisites, maintain safety and hygiene standards of products, components, devices, tests, and samples, among others. Also, increasingly stringent hygiene and quality standards in healthcare, pharmaceuticals, and food industries are driving demand for various equipment in these industries. 

Rising prevalence of chronic and infectious diseases, increasing number of surgical procedures, risks of Hospital-Acquired Infections (HAIs), Urinary Tract Infections (UTI), and surgical site infections, among others, and regulatory mandates on sterilization practices are other key factors driving growth of the sterilization equipment market. 

Technological advancements, such as emergence and use of plasma and ozone sterilization, offering faster, more eco-friendly solutions, are supporting further demand. Also, the growing trend toward portable and automated systems supports decentralized healthcare and point-of-care applications. In addition, sustainability concerns and innovations in material science are driving the adoption of energy-efficient, high-performance sterilization technologies, and this is also contributing to global market growth. 

Various types of equipment and technologies are widely used in healthcare, pharmaceuticals, food processing, and biotechnology to sterilize medical devices, surgical instruments, lab equipment, and consumables. Common sterilization products include heat sterilizers comprising depyrogenation ovens and steam autoclaves; low-temperature sterilizers such as ethylene oxide sterilizers, hydrogen peroxide sterilizers, and others; sterile membrane filters, radiation sterilization devices that use electron beams and gamma rays; nitrogen dioxide sterilizers, and others. 

Manufacturers are focusing on enhancing safety and effectiveness of systems by incorporating advanced control systems, automation, and real-time monitoring. This ensures consistent performance and minimizes risks associated with sterilization errors. One of the key trends in the market is the growing demand for compact, portable sterilization equipment, especially in point-of-care and decentralized healthcare settings. Also, sustainability is a priority driving the adoption of eco-friendly technologies that reduce energy consumption and waste.

Advancements in material science are allowing for development of sterilization equipment and devices that are durable, easy to clean, and resistant to harsh sterilization conditions. The need to comply with increasingly more stringent hygiene practices across industries is expected to continue to drive demand for and adoption of sterilization equipment, and also encourage development of more innovative, cost-effective, and safe sterilization solutions.

Some Key Takeaways:

• North America leads in terms of revenue, driven by major revenue share contribution from the US and Canada. 
• The Asia Pacific sterilization equipment market is expected to continue to register fastest revenue growth rate over the forecast period.
• In the Europe sterilization equipment market, Germany, France, and the UK are significant revenue contributors due to advanced healthcare systems and strong regulatory frameworks.
• The low-temperature sterilizers segment among the product segments accounted for largest revenue share in 2023. 
• Among the low-temperature sterilizers, ethylene oxide and hydrogen peroxide-based systems accounted for largest revenue share respectively in 2023. 
• The hospitals and clinics segment among the end-user segments is expected to lead in terms of revenue share over the forecast period. 
• The hospitals and clinics segment is expected to account for largest share among the end-user segments in the global Sterilization Equipment Market.
• The competitive landscape of the global sterilization equipment market is intense due to presence of well-established companies and emerging players. 
• Competition is also driven by geographic expansion strategies, especially in emerging markets like Asia Pacific and Latin America. 

Company List:

• Belimed AG (Metall Zug)
• Cantel Medical Corp
• E-BEAM Services Inc.
• Fortive Corporation
• Getinge AB
• H.W.Andersen Products Ltd.
• Matachana Group
• MMM Group
• Sotera Health Company
• STERIS plc
• Stryker Corporation
• Systec GmbH

Recent Developments:

June 3, 2024: Getinge unveiled the Poladus 150, which is its latest innovation in low-temperature sterilization, designed for heat-sensitive surgical instruments. Equipped with advanced cross-contamination barrier technology, Poladus 150 plays a crucial role in preventing healthcare acquired infections. This development marks entry via the company’s Infection Control business to be a leading player in the field of VH2O2 low-temperature sterilization. The sterilizer’s innovative Cross-Contamination Barrier (CCB) design ensures separate air flows in different zones, preventing the spread of harmful bacteria and viruses. This reduces the risk of cross-contamination and helps prevent HCAI, which pose a significant risk to patients and can result in severe complications and prolonged hospital stays.

January 8, 2024: The U.S. Food and Drug Administration (FDA) announcing that Vaporized Hydrogen Peroxide (VHP) is an established method of sterilization for medical devices, after recognizing long history of safety and effectiveness of VHP. This move will facilitate broader adoption of VHP as a sterilization method for the medical device industry, and aligns with FDA’s multi-pronged approach to reducing the use of ethylene oxide (EtO) where possible, as well as supports efforts to advance medical device supply chain resiliency. 

Sterilization Equipment Market Segmentation:

By Product:

• Heat Sterilizers
• Depyrogenation Oven
• Steam Autoclaves 
• Low-Temperature Sterilizers
• Ethylene Oxide Sterilizers
• Hydrogen Peroxide Sterilizers
• Others 
• Sterile Membrane Filters
• Radiation Sterilization Devices
• Electron Beams
• Gamma Rays
• Nitrogen Dioxide Sterilizers
• Others

By End-User:

• Hospitals & Clinics
• Medical Device Companies
• Food & Beverage Industry
• Biotechnology & Pharmaceutical Companies
• Others
  • United States

Regional Segmentation: 

North America

• Canada
• Mexico

Europe

• Germany
• United Kingdom
• France
• Italy
• Spain
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• Rest of Asia Pacific

Latin America

• Brazil
• Argentina
• Rest of Latin America 

Middle East & Africa

• Saudi Arabia
• South Africa
• United Arab Emirates
• Israel
• Rest of MEA