Opportunity and Strategy Analysis
This report focuses on identifying opportunities and strategies for investing in the global sterilization equipment market within the forecast period. It provides a complete analysis of the global market both quantitatively and qualitatively. The quantitative analysis includes market size and revenue data of the total demand, sub-markets, and regional/national levels throughout 2023-2033. Qualitative analysis depicts a full picture of market dynamics and trends including drivers, restraints and challenges, emerging products/market trends, and Porter’s Fiver Forces analysis.
Based on the market data and analysis, the report highlights Increasingly Attractive Segments (IAS) and business opportunities in each segmentation. Moreover, a systematic evaluation of Internal Risks (factors arising within the industry development) and External Risks (factors arising from the surrounding environments) is provided for the sterilization equipment industry and market. All the identified risk factors are measured quantitatively according to GMD’s novel numeric system, i.e. each risk is evaluated with GMD Risk Index Number (GMD RIN) and GMD Risk Intensity Level (GMD RIL). This in-depth risk assessment offers a comprehensive understanding of the current risk factors and their developing trends. Furthermore, this report concludes risk management strategies and Critical Success Factors (CSFs) to help companies make intelligence-based business decisions in the global sterilization equipment industry.
Market Coverage & Overview
The report is based on studies for 2021-2023 and provides a forecast from 2024 till 2033 with 2023 as the base year. Considering impact of COVID-19 and regional conflicts such as Russia-Ukraine war, the trend and outlook of global market is forecast in optimistic, balanced, and conservative scenarios. In the balanced view, the global sterilization equipment market is expected to reach $30.63 billion by 2033, growing by 9.2% annually over the coming years.
Segmentation Analysis
Highlighted with 87 tables and 84 figures, this 180-page report represents a 360-degree view on the global market with extensively detailed segmentations Product, Sterilization Method, End User, and Region/Country as shown below. Annual revenue 2023-2033 for each segment is included in the report.
By Product
• Equipment
• Consumables & Accessories
• Services
By Sterilization Method
• Chemical Sterilization
• Radiation Sterilization
• Heat/High-temperature Sterilization
• Filtration Sterilization
• Low-temperature Sterilization
By End User
• Hospitals & Clinics
• Pharma & Biotech Companies
• Medical Device Companies
• Scientific Institutes & Laboratories
• Food & Beverage Companies
• Other End Users
By Region
• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Turkey, Saudi Arabia, South Africa, and Rest of MEA)
The breakdown of all regional markets by country and the breakdown of each national market by Product, Sterilization Method, and End User over the forecast years are also included.
Key Companies
The report also covers the current competitive scenario and profiles key vendors including market leaders and important emerging players. A selection of companies profiled in this report includes:
• 3M Company
• Acmas Technologies Pvt. Ltd.
• Andersen Products, Inc.
• Belimed AG
• BGS Beta-Gamma-Service Gmbh & Co. Kg
• C.B.M. S.R.L. Medical Equipment
• Cantel Medical Corp.
• Cardinal Health Inc.
• Continental Equipment Company
• Cosmed Group
• De Lama S.P.A
• E-BEAM Services Inc.
• Fortive Corp. (Advanced Sterilization Products)
• Getinge AB
• Life Science Outsourcing Inc.
• Matachana Group
• Merck KGaA
• MMM Group
• Sotera Health Company
• Steelco S.P.A.
• Steris PLC
• Stryker Corporation
• Systec GmbH
• Tuttnauer
1 Introduction 9
1.1 Industry Definition and Research Scope 9
1.1.1 Industry Definition 9
1.1.2 Research Scope 10
1.2 Research Methodology 13
1.2.1 Overview of Market Research Methodology 13
1.2.2 Market Assumption 14
1.2.3 Secondary Data 14
1.2.4 Primary Data 14
1.2.5 Data Filtration and Model Design 15
1.2.6 Market Size/Share Estimation 16
1.2.7 Research Limitations 17
1.3 Executive Summary 18
2 Market Overview and Dynamics 20
2.1 Market Size and Forecast 20
2.1.1 Impact of COVID-19 on World Economy 21
2.1.2 Impact of COVID-19 on the Market 25
2.1.3 Impact of Russia-Ukraine Conflict 27
2.1.4 Impact of Israel-Palestine War 29
2.2 Major Growth Drivers 30
2.3 Market Restraints and Challenges 35
2.4 Emerging Opportunities and Market Trends 39
2.5 Porter’s Fiver Forces Analysis 42
3 Segmentation of Global Market by Product 46
3.1 Market Overview by Product 46
3.2 Equipment 49
3.3 Consumables & Accessories 50
3.4 Services 51
4 Segmentation of Global Market by Sterilization Method 52
4.1 Market Overview by Sterilization Method 52
4.2 Chemical Sterilization 55
4.3 Radiation Sterilization 56
4.4 Heat/High-temperature Sterilization 57
4.5 Filtration Sterilization 58
4.6 Low-temperature Sterilization 59
5 Segmentation of Global Market by End User 60
5.1 Market Overview by End User 60
5.2 Hospitals & Clinics 63
5.3 Pharma & Biotech Companies 64
5.4 Medical Device Companies 65
5.5 Scientific Institutes & Laboratories 66
5.6 Other End Users 67
6 Segmentation of Global Market by Region 68
6.1 Geographic Market Overview 2023-2033 68
6.2 North America Market 2023-2033 by Country 73
6.2.1 Overview of North America Market 73
6.2.2 U.S. 77
6.2.3 Canada 80
6.2.4 Mexico 82
6.3 European Market 2023-2033 by Country 84
6.3.1 Overview of European Market 84
6.3.2 Germany 88
6.3.3 U.K. 90
6.3.4 France 92
6.3.5 Spain 94
6.3.6 Italy 96
6.3.7 Russia 98
6.3.8 Rest of European Market 100
6.4 Asia-Pacific Market 2023-2033 by Country 102
6.4.1 Overview of Asia-Pacific Market 102
6.4.2 Japan 106
6.4.3 China 109
6.4.4 Australia 111
6.4.5 India 113
6.4.6 South Korea 115
6.4.7 Rest of APAC Region 117
6.5 South America Market 2023-2033 by Country 119
6.5.1 Argentina 123
6.5.2 Brazil 125
6.5.3 Chile 127
6.5.4 Rest of South America Market 129
6.6 MEA Market 2023-2033 by Country 130
6.6.1 Turkey 134
6.6.2 Saudi Arabia 136
6.6.3 South Africa 138
6.6.4 Other National Markets 140
7 Competitive Landscape 141
7.1 Overview of Key Vendors 141
7.2 New Product Launch, Partnership, Investment, and M&A 144
7.3 Company Profiles 145
3M Company 145
Acmas Technologies Pvt. Ltd. 147
Andersen Products, Inc. 148
Belimed AG 149
BGS Beta-Gamma-Service Gmbh & Co. Kg 150
C.B.M. S.R.L. Medical Equipment 151
Cantel Medical Corp. 152
Cardinal Health Inc. 153
Continental Equipment Company 154
Cosmed Group 155
De Lama S.P.A 156
E-BEAM Services Inc. 157
Fortive Corp. (Advanced Sterilization Products) 158
Getinge AB 159
Life Science Outsourcing Inc. 160
Matachana Group 161
Merck KGaA 162
MMM Group 163
Sotera Health Company 164
Steelco S.P.A. 165
Steris PLC 166
Stryker Corporation 167
Systec GmbH 168
Tuttnauer 169
8 Investing in Sterilization Equipment Industry: Risk Assessment and Management 170
8.1 Risk Evaluation of Global Market 170
8.2 Critical Success Factors (CSFs) 177
RELATED REPORTS 180
List of Tables:
Table 1. Snapshot of Global Sterilization Equipment Market in Balanced Perspective, 2023-2033 19
Table 2. World Economic Outlook, 2024-2036 22
Table 3. World Economic Outlook, 2022-2024 24
Table 4. Scenarios for Economic Impact of Ukraine Crisis 28
Table 5. Scenarios for Economic Impact of Israel-Palestine War 29
Table 6. World Health Spending by Region, $ bn, 2013-2020 34
Table 7. Comparison of Limitations of Sterilization Methods 38
Table 8. Main Product Trends and Market Opportunities in Global Sterilization Equipment Market 39
Table 9. Global Sterilization Equipment Market by Product, 2023-2033, $ mn 47
Table 10. Global Sterilization Equipment Market by Sterilization Method, 2023-2033, $ mn 53
Table 11. Global Sterilization Equipment Market by End User, 2023-2033, $ mn 61
Table 12. Global Sterilization Equipment Market by Region, 2023-2033, $ mn 70
Table 13. Leading National Sterilization Equipment Market, 2023 and 2033, $ mn 72
Table 14. North America Sterilization Equipment Market by Country, 2023-2033, $ mn 75
Table 15. U.S. Sterilization Equipment Market by Product, 2023-2033, $ mn 79
Table 16. U.S. Sterilization Equipment Market by Sterilization Method, 2023-2033, $ mn 79
Table 17. U.S. Sterilization Equipment Market by End User, 2023-2033, $ mn 79
Table 18. Canada Sterilization Equipment Market by Product, 2023-2033, $ mn 81
Table 19. Canada Sterilization Equipment Market by Sterilization Method, 2023-2033, $ mn 81
Table 20. Canada Sterilization Equipment Market by End User, 2023-2033, $ mn 81
Table 21. Mexico Sterilization Equipment Market by Product, 2023-2033, $ mn 83
Table 22. Mexico Sterilization Equipment Market by Sterilization Method, 2023-2033, $ mn 83
Table 23. Mexico Sterilization Equipment Market by End User, 2023-2033, $ mn 83
Table 24. Europe Sterilization Equipment Market by Country, 2023-2033, $ mn 86
Table 25. Germany Sterilization Equipment Market by Product, 2023-2033, $ mn 89
Table 26. Germany Sterilization Equipment Market by Sterilization Method, 2023-2033, $ mn 89
Table 27. Germany Sterilization Equipment Market by End User, 2023-2033, $ mn 89
Table 28. U.K. Sterilization Equipment Market by Product, 2023-2033, $ mn 91
Table 29. U.K. Sterilization Equipment Market by Sterilization Method, 2023-2033, $ mn 91
Table 30. U.K. Sterilization Equipment Market by End User, 2023-2033, $ mn 91
Table 31. France Sterilization Equipment Market by Product, 2023-2033, $ mn 93
Table 32. France Sterilization Equipment Market by Sterilization Method, 2023-2033, $ mn 93
Table 33. France Sterilization Equipment Market by End User, 2023-2033, $ mn 93
Table 34. Spain Sterilization Equipment Market by Product, 2023-2033, $ mn 95
Table 35. Spain Sterilization Equipment Market by Sterilization Method, 2023-2033, $ mn 95
Table 36. Spain Sterilization Equipment Market by End User, 2023-2033, $ mn 95
Table 37. Italy Sterilization Equipment Market by Product, 2023-2033, $ mn 97
Table 38. Italy Sterilization Equipment Market by Sterilization Method, 2023-2033, $ mn 97
Table 39. Italy Sterilization Equipment Market by End User, 2023-2033, $ mn 97
Table 40. Russia Sterilization Equipment Market by Product, 2023-2033, $ mn 99
Table 41. Russia Sterilization Equipment Market by Sterilization Method, 2023-2033, $ mn 99
Table 42. Russia Sterilization Equipment Market by End User, 2023-2033, $ mn 99
Table 43. Sterilization Equipment Market in Rest of Europe by Country, 2023-2033, $ mn 101
Table 44. APAC Sterilization Equipment Market by Country, 2023-2033, $ mn 104
Table 45. Japan Sterilization Equipment Market by Product, 2023-2033, $ mn 108
Table 46. Japan Sterilization Equipment Market by Sterilization Method, 2023-2033, $ mn 108
Table 47. Japan Sterilization Equipment Market by End User, 2023-2033, $ mn 108
Table 48. China Sterilization Equipment Market by Product, 2023-2033, $ mn 110
Table 49. China Sterilization Equipment Market by Sterilization Method, 2023-2033, $ mn 110
Table 50. China Sterilization Equipment Market by End User, 2023-2033, $ mn 110
Table 51. Australia Sterilization Equipment Market by Product, 2023-2033, $ mn 112
Table 52. Australia Sterilization Equipment Market by Sterilization Method, 2023-2033, $ mn 112
Table 53. Australia Sterilization Equipment Market by End User, 2023-2033, $ mn 112
Table 54. India Sterilization Equipment Market by Product, 2023-2033, $ mn 114
Table 55. India Sterilization Equipment Market by Sterilization Method, 2023-2033, $ mn 114
Table 56. India Sterilization Equipment Market by End User, 2023-2033, $ mn 114
Table 57. South Korea Sterilization Equipment Market by Product, 2023-2033, $ mn 116
Table 58. South Korea Sterilization Equipment Market by Sterilization Method, 2023-2033, $ mn 116
Table 59. South Korea Sterilization Equipment Market by End User, 2023-2033, $ mn 116
Table 60. Sterilization Equipment Market in Rest of APAC by Country/Region, 2023-2033, $ mn 118
Table 61. South America Sterilization Equipment Market by Country, 2023-2033, $ mn 121
Table 62. Argentina Sterilization Equipment Market by Product, 2023-2033, $ mn 124
Table 63. Argentina Sterilization Equipment Market by Sterilization Method, 2023-2033, $ mn 124
Table 64. Argentina Sterilization Equipment Market by End User, 2023-2033, $ mn 124
Table 65. Brazil Sterilization Equipment Market by Product, 2023-2033, $ mn 126
Table 66. Brazil Sterilization Equipment Market by Sterilization Method, 2023-2033, $ mn 126
Table 67. Brazil Sterilization Equipment Market by End User, 2023-2033, $ mn 126
Table 68. Chile Sterilization Equipment Market by Product, 2023-2033, $ mn 128
Table 69. Chile Sterilization Equipment Market by Sterilization Method, 2023-2033, $ mn 128
Table 70. Chile Sterilization Equipment Market by End User, 2023-2033, $ mn 128
Table 71. MEA Sterilization Equipment Market by Country, 2023-2033, $ mn 132
Table 72. Turkey Sterilization Equipment Market by Product, 2023-2033, $ mn 135
Table 73. Turkey Sterilization Equipment Market by Sterilization Method, 2023-2033, $ mn 135
Table 74. Turkey Sterilization Equipment Market by End User, 2023-2033, $ mn 135
Table 75. Saudi Arabia Sterilization Equipment Market by Product, 2023-2033, $ mn 137
Table 76. Saudi Arabia Sterilization Equipment Market by Sterilization Method, 2023-2033, $ mn 137
Table 77. Saudi Arabia Sterilization Equipment Market by End User, 2023-2033, $ mn 137
Table 78. South Africa Sterilization Equipment Market by Product, 2023-2033, $ mn 139
Table 79. South Africa Sterilization Equipment Market by Sterilization Method, 2023-2033, $ mn 139
Table 80. South Africa Sterilization Equipment Market by End User, 2023-2033, $ mn 139
Table 81. 3M Company: Company Snapshot 145
Table 82. 3M Company: Business Segmentation 146
Table 83. 3M Company: Product Portfolio 146
Table 84. List of Risk Factors and Weight Percentages/Theoretical Maximum 171
Table 85. Definition of GMD Relative Risk Index Number (Relative RIN) and GMD Risk Intensity Level (RIL) 173
Table 86. Risk Evaluation for Investing in Global Market, 2023-2033 174
Table 87. Critical Success Factors and Key Takeaways 178
