Sterilization Equipment Market Is Estimated To Exhibit At USD 15.6 Billion By 2030

 San Francisco, 26 Dec 2023: The Report Sterilization Equipment Market Size, Share & Trends Analysis Report By Product (Heat Sterilizers, Low-temperature Sterilizers, Sterile Membrane Filters, Radiation Sterilization Devices), By Region, And Segment Forecasts, 2023 - 2030

The global sterilization equipment market size is expected to reach USD 15.6 billion by 2030, registering a CAGR of 10.6%, according to a new report by Grand View Research, Inc. The rising incidence of Hospital Acquired Infections (HAIs), impact of the COVID-19 outbreak, and the increasing number of surgical procedures are the key driving factors of the market. The recent outbreak of COVID-19 is anticipated to significantly impact the market. The pandemic caused by the virus SARS-CoV-2 has drastically increased the demand for medicines, emergency supplies, and hospital equipment including gowns, antiseptics, and disinfectant products.

The COVID-19 outbreak and increasing hospital admissions across the globe have significantly increased the demand for sterilization equipment. Consequently, the use of sterilization equipment has also increased due to the increasing number of patients in hospitals & clinics. Proper and regular sterilization of medical devices is one of the essential requirements for treating patients suffering from COVID-19. In such cases, demand for sterilization equipment is anticipated to increase, which is in turn expected to propel the market growth. Therefore, the outbreak of COVID-19 is a high-impact rendering driver for this market.

Access Research Report of Sterilization Equipment Market @ https://www.grandviewresearch.com/industry-analysis/sterilization-equipment-market

Sterilization Equipment Market Report Highlights

• In terms of revenue, low-temperature sterilizers segment held the largest share in 2022. It is a widely accepted technique in healthcare facilities for equipment and devices that can tolerate both heat and moisture
• Increasing concerns about the possible mutagenic effect of ethylene oxide and its impact on the environment, companies and academies are exploring the potential application of the supercritical carbon dioxide.
• Asia Pacific is anticipated to witness the fastest growth over the forecast period owing to the rising number of surgeries and the presence of many local players

Sterilization Equipment Market Report Scope

Report Attribute	Details
Market size value in 2023	USD 7.6 billion
Revenue forecast in 2030	USD 15.6 billion
Growth rate	CAGR of 10.6% from 2023 to 2030
Base year for estimation	2022
Historical data	2018 - 2021
Forecast period	2023 - 2030

List of Key Players in Sterilization Equipment Market

• STERIS PLC.
• Sterigenics U.S., LLC
• Cantel Medical
• E-BEAM Services, Inc.
• Fortive 

Access Press Release of Sterilization Equipment Market @ https://www.grandviewresearch.com/press-release/global-sterilization-equipment-market