Sterilization Services Market Intelligence Report Offers Insights on Growth Prospects 2021–2026

Published Jul 6, 2022 

Devesh Guwal
By Devesh Guwal

29 Articles

Stratview Research has published a new report titled “Sterilization Services Market” which is segmented By Method (Ethylene Oxide (ETO) Sterilization, Gamma Sterilization, Electron Beam Radiation Sterilization, Steam Sterilization, Other) Service Type (Contract Sterilization Services, Sterilization Validation Services), Mode of Delivery (Offsite Sterilization Services, Onsite Sterilization Services), End User (Medical Device, Pharmaceutical & Biotechnology, Hospitals & Clinics, Other) and Region.

As per the study, the Sterilization Services Market is expected to grow from USD 3.9 billion in 2020 to USD 5.4 billion by 2026 at a CAGR of over 5.8% during the forecast period.

Report Highlights

This report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can affect the market dynamics of the industry. It provides thorough analysis of the market segments which include products, applications, and competitor analysis.

The market is bifurcated into various segments. Below given is the segment-wise analysis -

Based on end-users, the market has been segmented into medical devices, pharmaceutical & biotechnology, hospitals & clinics, and others. The hospitals & clinics segment accounted for the largest market share in 2020 and is projected to register significant CAGR during the review period. The segment growth can be attributed to increasing healthcare spending across the geographies.

Geographically, the market in North America accounted for the largest market share in 2020 and is expected to register significant CAGR during the review period. The market growth can be attributed to the established presence of the healthcare industry coupled with the presence of key market players such as Steris Corporation (US) and Cantel Medical Corporation (US). The market in Asia-Pacific is expected to be driven by the increasing growth of the healthcare industry in developing countries, particularly China and India.

Who are the Key Players in the Market?

This report provides market intelligence in the most comprehensive way. It also provides critical insights into the key players active in the market, that will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key players activen in the Sterilization Services Market:

· Steris Corporation (US)

· Cantel Medical Corporation (US)

· Cretex Companies, Inc. (US)

· E-BEAM Services, Inc. (US)

· Medistri SA (Switzerland)

· Sterigenics (US)

· Cosmed Group (US)

· Life Science Outsourcing, Inc. (US)

· Noxilizer Inc. (US)

· Sterilmed (US)

· Stryker Corporation (US).

Key questions answered by the report

- What is the projected CAGR for revenue from the Sterilization Services Market during the forecast period?

- What would be the market be valued at by 2026?

- What is a major driving factor for growth of the market?

- Which region accounted for largest revenue share in the Sterilization Services Market?

- Which are the major market players?

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