Sterilization Market by Type and Geography - Forecast and Analysis 2020-2024

Published: Apr 2020 Pages: 120 SKU: IRTNTR41197

The sterilization market size has the potential to grow by $2.08 bn during 2019-2024, and the market's growth momentum will accelerate during the forecast period.

This report provides a detailed analysis of the market by type (chemical and gas sterilization, radiation sterilization, and other types) and geographic landscape (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the market's competitive landscape and offers information on several market vendors, including 3M Co., Becton, Dickinson and Co., Belimed AG, bioMérieux SA, Cantel Medical Corp., Cardinal Health Inc., Getinge AB, MMM Group, Sotera Health LLC, and STERIS Plc.

Market Overview

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Market Competitive Analysis

The market is fragmented. 3M Co., Becton, Dickinson and Co., Belimed AG, bioMérieux SA, Cantel Medical Corp., Cardinal Health Inc., Getinge AB, MMM Group, Sotera Health LLC, and STERIS Plc are some of the major market participants. Factors such as high prevalence of hospital-acquired infections will offer immense growth opportunities. However, risks associated with sterilization may impede market growth. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this sterilization market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market's competitive landscape and offers information on the products offered by various companies. Moreover, this sterilization market analysis report provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

  • 3M Co.
  • Becton, Dickinson and Co.
  • Belimed AG
  • bioMérieux SA
  • Cantel Medical Corp.
  • Cardinal Health Inc.
  • Getinge AB
  • MMM Group
  • Sotera Health LLC
  • STERIS Plc

 

Sterilization Market: Segmentation by Geography

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The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. NORTH AMERICA will offer several growth opportunities to market vendors during the forecast period. The advances in sterilization technology will significantly influence sterilization market's growth in this region.

34% of the market's growth will originate from NORTH AMERICA during the forecast period. The US is the key market for the sterilization market in North America. This report provides an accurate prediction of the contribution of all segments to the growth of the sterilization market size.

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Sterilization Monitoring market - The market size has the potential to grow by USD 259.99 billion during 2020-2024. 

Sterilization Services market - The market share is expected to increase by USD 1.41 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 6.1%.

Sterilization Equipment market - The market share is expected to increase by USD 3.70 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 7.93%.

Sterilization Market: Key Highlights of the Report for 2020-2024

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will sterilization market growth during the next five years
  • Precise estimation of the sterilization market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the sterilization industry across Asia, Europe, North America, and ROW
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of sterilization market vendors

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Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five Forces Summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Type

  • Market segments
  • Comparison by Type placement
  • Chemical and gas sterilization - Market size and forecast 2019-2024
  • Radiation sterilization - Market size and forecast 2019-2024
  • Other types - Market size and forecast 2019-2024
  • Market opportunity by Type

Customer landscape

  • Overview

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • Asia - Market size and forecast 2019-2024
  • ROW - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography

Drivers, Challenges, and Trends

  • Market drivers
  • Volume driver - Demand led growth
  • Volume driver - Supply led growth
  • Volume driver - External factors
  • Volume driver - Demand shift in adjacent markets
  • Price driver - Inflation
  • Price driver - Shift from lower to higher priced units
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • 3M Co.
  • Becton, Dickinson and Co.
  • Belimed AG
  • bioMérieux SA
  • Cantel Medical Corp.
  • Cardinal Health Inc.
  • Getinge AB
  • MMM Group
  • Sotera Health LLC
  • STERIS Plc

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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sterilization market

Key Questions Answered

  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?

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