U.S. Sterilization Services Market To Witness A Significant Growth Of USD 2.71 Billion By 2030
San Francisco, 4 Nov 2024: The Report U.S. Sterilization Services Market Size, Share & Trends Analysis Report By Service Type (Contract Services, Validation Services), By Delivery Mode (Offsite, Onsite), By Region, And Segment Forecasts, 2024 - 2030
The U.S. sterilization services market size is expected to reach USD 2.71 billion by 2030, expanding at a CAGR of 10.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. It encompasses a range of activities and solutions aimed at ensuring the sterility of medical devices, equipment, and other products.
Technological advancements in sterilization methods have spurred market growth by introducing more efficient and effective solutions. These innovations include low-temperature plasma sterilization, advanced chemical sterilants, and ethylene oxide gas methods that are more effective and less harmful to sensitive medical instruments.
Regulatory bodies such as the FDA and the Occupational Safety and Health Administration (OSHA) impose strict guidelines regarding sterilization practices in healthcare settings. For instance, in November 2023, STERIS’ applied sterilization technologies were accepted into the FDA’s radiation sterilization master file pilot program, marking a significant advancement in their sterilization processes.
Access Research Report of U.S. Sterilization Services Market @ https://www.grandviewresearch.com/industry-analysis/us-sterilization-services-market
U.S. Sterilization Services Market Report Highlights
- Based on service type, the contract sterilization services segment dominated the market with the largest revenue share of 70.29% in 2023. As healthcare providers and manufacturers seek to ensure the safety and efficacy of medical devices and pharmaceuticals without the burden of maintaining in-house sterilization capabilities, thus contract sterilization services have become an attractive option.
- Based on delivery mode, the offsite segment dominated the market in 2023, accounting for 67.69% of revenue in 2023, driven by factors such as the increasing demand for cost-effective sterilization solutions, the rising adoption of contract sterilization services, and advancements in sterilization technologies.
U.S. Sterilization Services Market Report Scope
Report Attribute | Details |
Market size value in 2024 | USD 1.46 billion |
Revenue forecast in 2030 | USD 2.71 billion |
Growth rate | CAGR of 10.9% from 2024 to 2030 |
Base year for estimation | 2023 |
Historical data | 2018 - 2022 |
Forecast period | 2024 - 2030 |
Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/medical-devices
Grand View Research has segmented the U.S. sterilization services market based on services type and delivery mode:
U.S. Sterilization Services Service Type Outlook (Revenue, USD Million, 2018 - 2030)
- Contract Sterilization Services
- Validation Sterilization Services
U.S. Sterilization Services Delivery Mode Outlook (Revenue, USD Million, 2018 - 2030)
- Offsite
- Onsite
List of Key Players in the U.S. Sterilization Services Market
- STERIS plc
- Sterigenics U.S., LLC
- E-BEAM Services, Inc
- ASP (Fortive)
- 3M
- Andersen Sterilizers
- Prince Sterilization Services, LLC
- Midwest Sterilization Corporation
Access Press Release of U.S. Sterilization Services Market @ https://www.grandviewresearch.com/press-release/us-sterilization-services-market-analysis
About Grand View Research
Grand View Research is an India & U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services.
For More Information: https://www.grandviewresearch.com/horizon
Comments
Post a Comment