According to the latest report from Reports and Data, the global Sterilization Equipment Market was valued at USD 8.00 billion in 2021 and is projected to grow at a compound annual growth rate (CAGR) of 10.1% during the forecast period.

The increased prevalence of healthcare-associated infections (HAIs) related to medical equipment, such as ventilators and catheters, has led to a surge in demand for sterilization equipment. For instance, according to the Centers for Disease Control and Prevention (CDC), HAIs cause an estimated 1.7 million infections and 99,000 deaths per year, with urinary tract infections accounting for 32% of all HAIs.

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Food sterilization is another area driving the demand for sterilization equipment. Companies like Hitachi Zosen Corporation provide a wide range of products that employ sterilization systems to disinfect food and drink containers and equipment used in pharmaceutical and regenerative medicine manufacturing. This increased demand for sterilization equipment is expected to drive market revenue growth in the forecast period.

The sterilization equipment market is segmented into four categories: heat sterilizers, low-temperature sterilizers, sterile membrane filters, and radiation sterilization devices. Among these, the low-temperature sterilizers segment is predicted to account for the majority of revenue. Ethylene oxide sterilizers are one of the commonly used low-temperature sterilants in healthcare institutions in the United States.

North America is expected to account for the largest revenue share in 2021 due to the rising frequency of HAIs and the presence of major manufacturers in this area. According to the CDC, there has been an increase in Central Line-Associated Bloodstream Infections (CLABSIs) and Ventilator-Associated Events (VAE) between 2019 and 2020, resulting in an increase in infectious infections among patients such as Ventilator-Associated Pneumonia (VAP). This is likely to boost the demand for sterilization equipment and revenue growth in this region during the forecast period.

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Some of the prominent companies operating in the sterilization equipment market include STERIS, Sterigenics U.S., LLC. (Sotera Health company), E-BEAM Services, Inc., Fortive, Stryker, Andersen Sterilizers, Systec GmbH & Co. KG, Midwest Sterilization Corporation, Celitron Medical Technologies Kft, and Cosmed Group. STERIS acquired Cantel Medical in June 2021 to expand its products and services globally.

The market report segments the global sterilization equipment industry based on product outlook, end-use outlook, and regional outlook. The product outlook includes heat sterilizers, low-temperature sterilizers (ethylene oxide sterilizers, hydrogen peroxide sterilizers, and others), sterile membrane filters, and radiation sterilization devices (electron beams, gamma rays, and others). The end-use outlook includes pharmaceuticals, hospitals & clinics, and food & beverage (F&B). The regional outlook covers North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

Overall, the global sterilization equipment market is projected to grow significantly in the forecast period due to the increasing demand for sterilization equipment in healthcare and food industries to combat HAIs and other microorganisms.

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