Sterilization equipment market is anticipated to grow at a considerable CAGR of 8.1% during the forecast period (2024-2031). Sterilization is an essential technique industry for controlling microbial populations that can hinder product quality. The market growth is stimulated by the rising use of sterilization equipment in the food & beverage industry, increasing R&D in pharmaceutical and biotechnology companies, the growing rate of health-conscious customers, and the development of healthcare infrastructure in developing countries. Furthermore, the market will likely gain traction as health officials impose stronger regulations and end-user industries integrate better sterilization techniques and equipment.
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Sterilizing equipment market is growing as pharmaceutical and biotech companies invest in new R&D and manufacturing facilities. In particular, sterilization is required at several stages of the product development lifecycle, including R&D samples, clinical trial batches, stability and routine tests, APIs, excipients, and final pharmaceutical formulations. As the investment and capacity of manufacturing increases, the market is expected to benefit. For instance, in late 2022, GSK, Sanofi, and Takeda signed a partnership with local agencies to advance biologic manufacturing in Singapore. A little more than a year later, in January 2024, AbbVie began building on a $223.0 million extension to its Singapore manufacturing facility. The effort is intended to increase AbbVie’s global biologics manufacturing capacity.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2023
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Sterilized Equipment Market by Type
- Heat Sterilization
- Depyrogenayion Oven
- Steam Autoclaves
- Low-temperature Sterilizers
- Ethylene Oxide Sterilizers
- Hydrogen Peroxide Sterilizers
- Others
- Sterile Membrane Filters
- Radiation Sterilization Devices
- Gamma Rays
- Electron Beams
- Others
- Consumables Accessories
Global Sterilized Equipment Market by End-User
- Hospitals and Clinics
- Pharmaceuticals and Biotechnology Companies
- Food and Beverages Companies
- Others
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- Acmas Technologies Inc.
- Andersen Sterilizers, Inc.
- ANTONIO MATACHANA, S. A.
- Belimed Life Science AG
- Cardinal Health
- Celitron Medical Technologies Kft.
- E-BEAM Services, Inc.
- GPC Medical Ltd
- MMM Group (MMM Münchener Medizin Mechanik GmbH)
- Omxie Corp.
- SAKURA SEIKI Co. Ltd
- Sotera Health Co.
- Stryker Corp.
- Ventilex B.V.
- Weiss Technik North America, Inc.
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in sterilization equipment market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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