Newly-released Terminal Sterilization Services Market analysis report by Future Market Insights shows that global sales of the Terminal Sterilization Services Market in 2021 were held at USD 9.1 Billion. With a predicted growth between 2022 and 2032, at 12.7%, the market is likely to reach a valuation of USD 33.5 Billion by 2032. Ethylene Oxide is expected to be the highest revenue-generating segment, projected to grow at a CAGR of over 14.4% from 2022 to 2032.
| Attribute | Details |
|---|---|
| Global Terminal Sterilization Services Market Size (2022) | USD 10.2 Billion |
| Global Terminal Sterilization Services Market Size (2032) | USD 33.5 Billion |
| Global Terminal Sterilization Services Market CAGR (2022 to 2032) | 12.7% |
| USA Terminal Sterilization Services Market CAGR (2022 to 2032) | 11.8% |
| Key Companies Profiled | Johnson And Johnson; DuPont; Steris Plc; Getinge Group; Cantel Medical; Matachana Group; Sterigenics International LLC; Olympus Corp. |
The market value of Terminal sterilization increased at a CAGR of around 10.9% from 2017 to 2021, according to a report done by Future Market Insights, a market research and competitive intelligence firm.
Due to the pandemic, the demand for terminal sterilization surged. Increasing R&D efforts in these industries lead to higher demand for various sterilization techniques, propelling market expansion throughout the projected period.
As per Pharmaceutical Researchers and Manufacturers Association, biopharmaceutical businesses in the USA spent about USD 102 billion in research in 2018. USA Food and Drug Administration & European regulatory bodies have established rigorous standards and guidelines to maintain adequate control of aseptic work areas, such as suggesting and implementing Standard Operating Procedures to lessen the risk of toxicants being transmitted further into the drug processing areas.
Healthcare-Associated Infections (HAIs), the requirement to sterilize reusable high-risk or critical surgical instruments used in increasing surgical procedures, and the regulatory mandate of terminal sterilization or aseptic processing of healthcare products prior to commercialization, have led to the market growth.
The increasing trend of outsourcing sterilization services by the healthcare industry, and the continuous progressive refinement of various sterilization technologies, have further led to market growth. The gradual transition of the medical device market from reprocessed to value-enhanced single-use devices and the need to terminally sterilize a large volume of disposable devices, the steadily increasing and advancing healthcare facilities.
The terminal sterilization sector has gained pace in recent years as a result of surged awareness about diseases and infections caused by non-sterile settings. In addition, there has been a significant increase in funding for hospital infrastructure, research, and public health adaption to terminal sterility.
Companies can develop a sterilization program using the Association for the Advancement of Medical Instrumentation (AAMI) and ISO criteria without the requirement for a big and time-consuming Sterilization technology department. These voluntary consensus standards have also supplied regulatory agencies such as the FDA with a reference point for determining product sterility.
An increase in the occurrence of hospital-acquired infections (HAIs) due to a lack of sanitation and preventative measures is likely to drive the global market over the forecast period. Because it assists in the prevention of infections and disease transmission, sterilization equipment is required for sterilizing and cleaning a range of hospital equipment.
Furthermore, the Terminal Sterilization Services Market will be propelled ahead by the introduction of new products and technological advances in the sterilization process. The first novel medical equipment sterilization technique, the Ozone Sterilization system, has been authorized by the FDA. The maker of the ozone sterilization system is attempting to present this as a competitor with one of the most often used sterilizing technologies, ethylene oxide (EtO).
Despite its toxicity and lengthy aeration time, it is currently the most used 'cold' sterilizing method. TSO3 Inc., the maker, believes the technique is safer, quicker, and much more cost-effective than all those now used to sterilize medical equipment that cannot tolerate high heat or radiation.
In the future years, the Sterilization Services Market is predicted to develop at a high rate. The need for Sterilization Services is expected to surge as the number of hospital-acquired infections (HAIs) rises.
Urinary and vascular catheter-associated infections, HIV infections, surgical site infections, hepatitis B and C, and ventilator-associated infections are the most prevalent HAIs caused by improper sterilizing practices. As technology becomes more accessible to both patients and clinicians, a variety of post-operative intervention options for reducing hospital re-admittance and complications are becoming available.
Active packaging technologies are being used more often in medical equipment, medicines, and products. Such devices absorb target pollutants within the packaging, extending the storability and quality of the products. Active packaging systems with O2 absorbers suggest an alternative for vacuum as well as gas-flushing methods.
Sterile Processing Method at Johnson & Johnson is always looking for ways to increase the storage life & consistency of sterilized medical equipment. Sterile Processing Method worked with CSP Technologies to see if its effective scavenging films might be a viable replacement to traditional gas flushing and purifying methods, as well as to verify CSP goods makes a claim that scavenging films continually eliminate O2 within a confined area to levels as low as 0.1 ppm.
North America is predicted to account for the largest share of the global terminal sterilization services market during the forecast period. A huge client base, greater usage of enhanced sterilization technologies, and highly modern healthcare infrastructure are projected to propel the market in North America in the next years.
Sterility Assurance Level (SAL), throughout North America, two healthcare SAL values have been utilized in procedure: 10-3 and 10-6, which represent the probability with one non-sterile unit in 1,000 or one million processing units, respectively. Because SAL is a potential contaminant, the lesser number, 10-6, gives more guarantee of sterility than that of the bigger number, 10-3.
The market in the Asia Pacific is predicted to have lucrative growth during the projection period, due to improved awareness of current technologies such as sterilization and disinfection among hospitals and clinics, labs and diagnostic centers, and pharmaceutical enterprises operating in the region.
The Sterad Speed Biomedical Indicator/Process Challenging Instruments 15-minute duration to result was commercially available in Asia Pacific on August 25th, 2021, according to Advanced Sterilization Products.
The USA is expected to have the highest market of USD 9.5 Billion by the end of 2032. Upsurge for terminal sterilization of medical products, packaging, and other items is being driven by a growth in the number of operations and the investment being done by the pharmaceutical companies.
In 2018, Eli Lilly announced a USD 72 million investment in an insulin-manufacturing project in the USA. As an outcome, the demand for terminal sterilization is expected to rise in the forthcoming years. Also, MediZAP, North America's premier provider of e-beam terminal sterilization for compounded medications, partnered up with Analytic Laboratory, currently part of Element Materials Technology, to provide sterilized compounded testing facilities, analytical chemistry, & pharmaceutical customers.
The market in the United Kingdom is expected to gross an absolute dollar opportunity of USD 1.4 Billion from 2022 to 2032. The market is expected to reach a valuation of USD 1.9 Billion by 2032, growing at a CAGR of 14.5% during the forecast period.
In Japan, the market is projected to reach USD 1.7 Billion by 2032. Growing at a CAGR of 18.2%, the market in the country is expected to garner an absolute dollar opportunity of USD 1.4 Billion during the forecast period.
The market in South Korea grew at a CAGR of 10% from 2022 to 2032. The market is likely to grow further at a CAGR of 15.1% from 2022 to 2032 to reach a valuation of USD 763 Million by 2032. During the forecast period, the market is expected to gross an absolute dollar opportunity of USD 571 Million.
The market for the Ethylene Oxide segment is forecasted to grow at the highest CAGR of over 14% from 2022 to 2032. This increase is attributable to the increasing need for enhanced studies based on past patterns and datasets in order to create data-enriched insight that would assist enterprises in better understanding the present situation.
Andersen Products, Inc. offers Ethylene Oxide Sterilization Systems for sterilizing surgical equipment, optics, electrical equipment, and a variety of polymers. EOGas sterilizers from Andersen Products, Inc. combine innovative effective diffusion techniques with modern microprocessor control. The innovative unit-dose cartridge matches the actual load level, lowering gas usage significantly. Most products sterilize in an average cycle period of 16 hours, including aeration.
Some of the key players in the terminal sterilization services market include Johnson And Johnson, DuPont, Steris Plc, Getinge Group, Cantel Medical, Matachana Group, Sterigenics International LLC, and Olympus Corp.
The following are some of the most recent developments from key terminal sterilization service providers
Similarly, recent developments related to companies in the terminal sterilization services market have been tracked by the team at Future Market Insights, which are available in the full report.
Table 1: Global Market Value (US$ Million) Forecast by Region, 2017 to 2032
Table 2: Global Market Value (US$ Million) Forecast by Type, 2017 to 2032
Table 3: Global Market Value (US$ Million) Forecast by End User, 2017 to 2032
Table 4: North America Market Value (US$ Million) Forecast by Country, 2017 to 2032
Table 5: North America Market Value (US$ Million) Forecast by Type, 2017 to 2032
Table 6: North America Market Value (US$ Million) Forecast by End User, 2017 to 2032
Table 7: Latin America Market Value (US$ Million) Forecast by Country, 2017 to 2032
Table 8: Latin America Market Value (US$ Million) Forecast by Type, 2017 to 2032
Table 9: Latin America Market Value (US$ Million) Forecast by End User, 2017 to 2032
Table 10: Europe Market Value (US$ Million) Forecast by Country, 2017 to 2032
Table 11: Europe Market Value (US$ Million) Forecast by Type, 2017 to 2032
Table 12: Europe Market Value (US$ Million) Forecast by End User, 2017 to 2032
Table 13: East Asia Market Value (US$ Million) Forecast by Country, 2017 to 2032
Table 14: East Asia Market Value (US$ Million) Forecast by Type, 2017 to 2032
Table 15: East Asia Market Value (US$ Million) Forecast by End User, 2017 to 2032
Table 16: South Asia Market Value (US$ Million) Forecast by Country, 2017 to 2032
Table 17: South Asia Market Value (US$ Million) Forecast by Type, 2017 to 2032
Table 18: South Asia Market Value (US$ Million) Forecast by End User, 2017 to 2032
Table 19: Oceania Market Value (US$ Million) Forecast by Country, 2017 to 2032
Table 20: Oceania Market Value (US$ Million) Forecast by Type, 2017 to 2032
Table 21: Oceania Market Value (US$ Million) Forecast by End User, 2017 to 2032
Table 22: MEA Market Value (US$ Million) Forecast by Country, 2017 to 2032
Table 23: MEA Market Value (US$ Million) Forecast by Type, 2017 to 2032
Table 24: MEA Market Value (US$ Million) Forecast by End User, 2017 to 2032
Figure 1: Global Market Value (US$ Million) by Type, 2022 to 2032
Figure 2: Global Market Value (US$ Million) by End User, 2022 to 2032
Figure 3: Global Market Value (US$ Million) by Region, 2022 to 2032
Figure 4: Global Market Value (US$ Million) Analysis by Region, 2017 to 2032
Figure 5: Global Market Value Share (%) and BPS Analysis by Region, 2022 to 2032
Figure 6: Global Market Y-o-Y Growth (%) Projections by Region, 2022 to 2032
Figure 7: Global Market Value (US$ Million) Analysis by Type, 2017 to 2032
Figure 8: Global Market Value Share (%) and BPS Analysis by Type, 2022 to 2032
Figure 9: Global Market Y-o-Y Growth (%) Projections by Type, 2022 to 2032
Figure 10: Global Market Value (US$ Million) Analysis by End User, 2017 to 2032
Figure 11: Global Market Value Share (%) and BPS Analysis by End User, 2022 to 2032
Figure 12: Global Market Y-o-Y Growth (%) Projections by End User, 2022 to 2032
Figure 13: Global Market Attractiveness by Type, 2022 to 2032
Figure 14: Global Market Attractiveness by End User, 2022 to 2032
Figure 15: Global Market Attractiveness by Region, 2022 to 2032
Figure 16: North America Market Value (US$ Million) by Type, 2022 to 2032
Figure 17: North America Market Value (US$ Million) by End User, 2022 to 2032
Figure 18: North America Market Value (US$ Million) by Country, 2022 to 2032
Figure 19: North America Market Value (US$ Million) Analysis by Country, 2017 to 2032
Figure 20: North America Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 21: North America Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 22: North America Market Value (US$ Million) Analysis by Type, 2017 to 2032
Figure 23: North America Market Value Share (%) and BPS Analysis by Type, 2022 to 2032
Figure 24: North America Market Y-o-Y Growth (%) Projections by Type, 2022 to 2032
Figure 25: North America Market Value (US$ Million) Analysis by End User, 2017 to 2032
Figure 26: North America Market Value Share (%) and BPS Analysis by End User, 2022 to 2032
Figure 27: North America Market Y-o-Y Growth (%) Projections by End User, 2022 to 2032
Figure 28: North America Market Attractiveness by Type, 2022 to 2032
Figure 29: North America Market Attractiveness by End User, 2022 to 2032
Figure 30: North America Market Attractiveness by Country, 2022 to 2032
Figure 31: Latin America Market Value (US$ Million) by Type, 2022 to 2032
Figure 32: Latin America Market Value (US$ Million) by End User, 2022 to 2032
Figure 33: Latin America Market Value (US$ Million) by Country, 2022 to 2032
Figure 34: Latin America Market Value (US$ Million) Analysis by Country, 2017 to 2032
Figure 35: Latin America Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 36: Latin America Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 37: Latin America Market Value (US$ Million) Analysis by Type, 2017 to 2032
Figure 38: Latin America Market Value Share (%) and BPS Analysis by Type, 2022 to 2032
Figure 39: Latin America Market Y-o-Y Growth (%) Projections by Type, 2022 to 2032
Figure 40: Latin America Market Value (US$ Million) Analysis by End User, 2017 to 2032
Figure 41: Latin America Market Value Share (%) and BPS Analysis by End User, 2022 to 2032
Figure 42: Latin America Market Y-o-Y Growth (%) Projections by End User, 2022 to 2032
Figure 43: Latin America Market Attractiveness by Type, 2022 to 2032
Figure 44: Latin America Market Attractiveness by End User, 2022 to 2032
Figure 45: Latin America Market Attractiveness by Country, 2022 to 2032
Figure 46: Europe Market Value (US$ Million) by Type, 2022 to 2032
Figure 47: Europe Market Value (US$ Million) by End User, 2022 to 2032
Figure 48: Europe Market Value (US$ Million) by Country, 2022 to 2032
Figure 49: Europe Market Value (US$ Million) Analysis by Country, 2017 to 2032
Figure 50: Europe Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 51: Europe Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 52: Europe Market Value (US$ Million) Analysis by Type, 2017 to 2032
Figure 53: Europe Market Value Share (%) and BPS Analysis by Type, 2022 to 2032
Figure 54: Europe Market Y-o-Y Growth (%) Projections by Type, 2022 to 2032
Figure 55: Europe Market Value (US$ Million) Analysis by End User, 2017 to 2032
Figure 56: Europe Market Value Share (%) and BPS Analysis by End User, 2022 to 2032
Figure 57: Europe Market Y-o-Y Growth (%) Projections by End User, 2022 to 2032
Figure 58: Europe Market Attractiveness by Type, 2022 to 2032
Figure 59: Europe Market Attractiveness by End User, 2022 to 2032
Figure 60: Europe Market Attractiveness by Country, 2022 to 2032
Figure 61: East Asia Market Value (US$ Million) by Type, 2022 to 2032
Figure 62: East Asia Market Value (US$ Million) by End User, 2022 to 2032
Figure 63: East Asia Market Value (US$ Million) by Country, 2022 to 2032
Figure 64: East Asia Market Value (US$ Million) Analysis by Country, 2017 to 2032
Figure 65: East Asia Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 66: East Asia Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 67: East Asia Market Value (US$ Million) Analysis by Type, 2017 to 2032
Figure 68: East Asia Market Value Share (%) and BPS Analysis by Type, 2022 to 2032
Figure 69: East Asia Market Y-o-Y Growth (%) Projections by Type, 2022 to 2032
Figure 70: East Asia Market Value (US$ Million) Analysis by End User, 2017 to 2032
Figure 71: East Asia Market Value Share (%) and BPS Analysis by End User, 2022 to 2032
Figure 72: East Asia Market Y-o-Y Growth (%) Projections by End User, 2022 to 2032
Figure 73: East Asia Market Attractiveness by Type, 2022 to 2032
Figure 74: East Asia Market Attractiveness by End User, 2022 to 2032
Figure 75: East Asia Market Attractiveness by Country, 2022 to 2032
Figure 76: South Asia Market Value (US$ Million) by Type, 2022 to 2032
Figure 77: South Asia Market Value (US$ Million) by End User, 2022 to 2032
Figure 78: South Asia Market Value (US$ Million) by Country, 2022 to 2032
Figure 79: South Asia Market Value (US$ Million) Analysis by Country, 2017 to 2032
Figure 80: South Asia Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 81: South Asia Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 82: South Asia Market Value (US$ Million) Analysis by Type, 2017 to 2032
Figure 83: South Asia Market Value Share (%) and BPS Analysis by Type, 2022 to 2032
Figure 84: South Asia Market Y-o-Y Growth (%) Projections by Type, 2022 to 2032
Figure 85: South Asia Market Value (US$ Million) Analysis by End User, 2017 to 2032
Figure 86: South Asia Market Value Share (%) and BPS Analysis by End User, 2022 to 2032
Figure 87: South Asia Market Y-o-Y Growth (%) Projections by End User, 2022 to 2032
Figure 88: South Asia Market Attractiveness by Type, 2022 to 2032
Figure 89: South Asia Market Attractiveness by End User, 2022 to 2032
Figure 90: South Asia Market Attractiveness by Country, 2022 to 2032
Figure 91: Oceania Market Value (US$ Million) by Type, 2022 to 2032
Figure 92: Oceania Market Value (US$ Million) by End User, 2022 to 2032
Figure 93: Oceania Market Value (US$ Million) by Country, 2022 to 2032
Figure 94: Oceania Market Value (US$ Million) Analysis by Country, 2017 to 2032
Figure 95: Oceania Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 96: Oceania Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 97: Oceania Market Value (US$ Million) Analysis by Type, 2017 to 2032
Figure 98: Oceania Market Value Share (%) and BPS Analysis by Type, 2022 to 2032
Figure 99: Oceania Market Y-o-Y Growth (%) Projections by Type, 2022 to 2032
Figure 100: Oceania Market Value (US$ Million) Analysis by End User, 2017 to 2032
Figure 101: Oceania Market Value Share (%) and BPS Analysis by End User, 2022 to 2032
Figure 102: Oceania Market Y-o-Y Growth (%) Projections by End User, 2022 to 2032
Figure 103: Oceania Market Attractiveness by Type, 2022 to 2032
Figure 104: Oceania Market Attractiveness by End User, 2022 to 2032
Figure 105: Oceania Market Attractiveness by Country, 2022 to 2032
Figure 106: MEA Market Value (US$ Million) by Type, 2022 to 2032
Figure 107: MEA Market Value (US$ Million) by End User, 2022 to 2032
Figure 108: MEA Market Value (US$ Million) by Country, 2022 to 2032
Figure 109: MEA Market Value (US$ Million) Analysis by Country, 2017 to 2032
Figure 110: MEA Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 111: MEA Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 112: MEA Market Value (US$ Million) Analysis by Type, 2017 to 2032
Figure 113: MEA Market Value Share (%) and BPS Analysis by Type, 2022 to 2032
Figure 114: MEA Market Y-o-Y Growth (%) Projections by Type, 2022 to 2032
Figure 115: MEA Market Value (US$ Million) Analysis by End User, 2017 to 2032
Figure 116: MEA Market Value Share (%) and BPS Analysis by End User, 2022 to 2032
Figure 117: MEA Market Y-o-Y Growth (%) Projections by End User, 2022 to 2032
Figure 118: MEA Market Attractiveness by Type, 2022 to 2032
Figure 119: MEA Market Attractiveness by End User, 2022 to 2032
Figure 120: MEA Market Attractiveness by Country, 2022 to 2032
The Terminal Sterilization Services Market is worth more than USD 9.1 Billion at present.
The value of the Terminal Sterilization Services Market is projected to increase at a CAGR of around 12.7% from 2022 to 2032.
The value of the Terminal Sterilization Services Market increased at a CAGR of around 10.9% from 2017 to 2021.
Advanced analytical solutions designed for specific requirements of healthcare companies and facilities delivering financial, clinical, operational, and administrative services are bolstering growth.
The market for Terminal Sterilization Services Market in China is projected to expand at a CAGR of around 14.6% from 2022 to 2032.
While the market in South Korea is expected to grow at nearly 15.1%, the market in Japan is projected to register a CAGR of nearly 18.2% from 2022 to 2032.
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Terminal Sterilization Services Market
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