The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s sterilization services market report forecasts the sterilization services market size to grow to $6.18 Billion by 2027, with a CAGR (compound annual growth rate) of more than 7%.

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Sterilization Services Market Size Forecast
The global sterilization services market is expected to grow from $4.28 billion in 2022 to $4.62 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global sterilization services market size is expected to reach $6.18 billion in 2027 at a CAGR of 7.6%.

North America held the largest sterilization services market share.

Key Sterilization Services Market Driver ­– Growth In The Prevalence Of Hospital-Acquired Infections
For example, hospital-acquired methicillin-resistant staphylococcus aureus (MRSA) infections increased by 14% from 2020 to 2021, according to the Centres for Disease Control and Prevention, a US-based health agency under the Department of Health and Human Services. Furthermore, between 2020 and 2021, there was a 7% increase in central line-associated bloodstream infection (CLABSI). As a result, the rising occurrence of hospital-acquired infections is propelling the sterilisation services market forward.

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Key Sterilization Services Market Trend – Product Innovations
Major players in the sterilisation services market are focusing on developing new solutions to increase their market position. PAMA production and Sterilisation, a Canadian business specialising in medical device production and sterilisation, for example, developed a revolutionary ethylene oxide (EO) sterilisation solution in January 2023. This sterilisation system uses half the amount of EO gas, recycles it, and effectively prevents direct EO leakage into the environment. Throughout the sterilisation cycle, our technology consumes 50% less EO gas and recycles it sustainably.

Sterilization Services Market Segment
1) By Type: Sterilization Validation Services, Contract Sterilization Services
2) By Method: X-ray Irradiation, ETO Sterilization, Gamma Sterilization, E-beam Sterilization, Steam Sterilization
3) By Mode of Delivery: On-Site Sterilization Services, Off-Site Sterilization Services
4) By End-User: Hospitals And Clinics, Medical Device Companies, Pharmaceutical And Biotechnology Companies, Other End Users

Sterilization Services Market Major Players and Strategies
Major players in the sterilization services market are E-BEAM Services Inc., BGS Beta-Gamma-Service GmbH & Co. KG, Medistri SA, Noxilizer Inc., Cosmed Group, Cretex Companies Inc., Life Science Outsourcing Inc., Stryker Corporation, STERIS PLC, MMM Group, Belimed AG, H.W.Andersen Products Ltd., MICROTROL Sterilisation Services Pvt. Ltd., Medline Industries Inc., Avantti Medi Clear MBP, Steripure SAS, Europlaz Technologies Limited, Centerpiece, Midwest Sterilization Corporation, and Blue Line Sterilization Services LLC.

Owens & Minor Inc., a healthcare solutions and logistics company based in the United States, acquired American Contract Systems (ACS) for an unknown sum in December 2021. Owens & Minor expands their CPT offering with unique sterilisation services by acquiring ACS’s unique local sterilisation capabilities. It allows for sterilisation while using less ethylene oxide, making it safer for people and the environment. American Contract Systems (ACS) is a company established in the United States that offers kitting and sterilisation services for Custom Procedure Tray (CPT) solutions.

The Sterilization Services Global Market Report 2023 covers regional data on sterilization services market size, sterilization services market trends and drivers, opportunities, strategies, and sterilization services market competitor analysis. The countries covered in the sterilization services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Sterilisation services are those that provide sterilisation procedures in which all forms of microbial life are destroyed and eradicated via the use of physical and chemical means. These are used to eliminate the majority of pathogenic microorganisms from inanimate things, with the exception of bacterial spores.

View More Reports Related To The Sterilization Services Market –
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