Business Opportunities and Investment Strategies for Global Sterilization Equipment Market 2023-2033

June 2024 | 180 pages | ID: B62D148F2375EN
GMD Research

Abstracts

Opportunity and Strategy Analysis

This report focuses on identifying opportunities and strategies for investing in the global sterilization equipment market within the forecast period. It provides a complete analysis of the global market both quantitatively and qualitatively. The quantitative analysis includes market size and revenue data of the total demand, sub-markets, and regional/national levels throughout 2023-2033. Qualitative analysis depicts a full picture of market dynamics and trends including drivers, restraints and challenges, emerging products/market trends, and Porter’s Fiver Forces analysis.

Based on the market data and analysis, the report highlights Increasingly Attractive Segments (IAS) and business opportunities in each segmentation. Moreover, a systematic evaluation of Internal Risks (factors arising within the industry development) and External Risks (factors arising from the surrounding environments) is provided for the sterilization equipment industry and market. All the identified risk factors are measured quantitatively according to GMD’s novel numeric system, i.e. each risk is evaluated with GMD Risk Index Number (GMD RIN) and GMD Risk Intensity Level (GMD RIL). This in-depth risk assessment offers a comprehensive understanding of the current risk factors and their developing trends. Furthermore, this report concludes risk management strategies and Critical Success Factors (CSFs) to help companies make intelligence-based business decisions in the global sterilization equipment industry.

Market Coverage & Overview

The report is based on studies for 2021-2023 and provides a forecast from 2024 till 2033 with 2023 as the base year. Considering impact of COVID-19 and regional conflicts such as Russia-Ukraine war, the trend and outlook of global market is forecast in optimistic, balanced, and conservative scenarios. In the balanced view, the global sterilization equipment market is expected to reach $30.63 billion by 2033, growing by 9.2% annually over the coming years.

Segmentation Analysis

Highlighted with 87 tables and 84 figures, this 180-page report represents a 360-degree view on the global market with extensively detailed segmentations Product, Sterilization Method, End User, and Region/Country as shown below. Annual revenue 2023-2033 for each segment is included in the report.

By Product

• Equipment
• Consumables & Accessories
• Services

By Sterilization Method

• Chemical Sterilization
• Radiation Sterilization
• Heat/High-temperature Sterilization
• Filtration Sterilization
• Low-temperature Sterilization

By End User

• Hospitals & Clinics
• Pharma & Biotech Companies
• Medical Device Companies
• Scientific Institutes & Laboratories
• Food & Beverage Companies
• Other End Users

By Region

• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Turkey, Saudi Arabia, South Africa, and Rest of MEA)

The breakdown of all regional markets by country and the breakdown of each national market by Product, Sterilization Method, and End User over the forecast years are also included.

Key Companies

The report also covers the current competitive scenario and profiles key vendors including market leaders and important emerging players. A selection of companies profiled in this report includes:

• 3M Company
• Acmas Technologies Pvt. Ltd.
• Andersen Products, Inc.
• Belimed AG
• BGS Beta-Gamma-Service Gmbh & Co. Kg
• C.B.M. S.R.L. Medical Equipment
• Cantel Medical Corp.
• Cardinal Health Inc.
• Continental Equipment Company
• Cosmed Group
• De Lama S.P.A
• E-BEAM Services Inc.
• Fortive Corp. (Advanced Sterilization Products)
• Getinge AB
• Life Science Outsourcing Inc.
• Matachana Group
• Merck KGaA
• MMM Group
• Sotera Health Company
• Steelco S.P.A.
• Steris PLC
• Stryker Corporation
• Systec GmbH
• Tuttnauer

Contents

1 INTRODUCTION

1.1 Industry Definition and Research Scope
  1.1.1 Industry Definition
  1.1.2 Research Scope
1.2 Research Methodology
  1.2.1 Overview of Market Research Methodology
  1.2.2 Market Assumption
  1.2.3 Secondary Data
  1.2.4 Primary Data
  1.2.5 Data Filtration and Model Design
  1.2.6 Market Size/Share Estimation
  1.2.7 Research Limitations
1.3 Executive Summary

2 MARKET OVERVIEW AND DYNAMICS

2.1 Market Size and Forecast
  2.1.1 Impact of COVID-19 on World Economy
  2.1.2 Impact of COVID-19 on the Market
  2.1.3 Impact of Russia-Ukraine Conflict
  2.1.4 Impact of Israel-Palestine War
2.2 Major Growth Drivers
2.3 Market Restraints and Challenges
2.4 Emerging Opportunities and Market Trends
2.5 Porter’s Fiver Forces Analysis

3 SEGMENTATION OF GLOBAL MARKET BY PRODUCT

3.1 Market Overview by Product
3.2 Equipment
3.3 Consumables & Accessories
3.4 Services

4 SEGMENTATION OF GLOBAL MARKET BY STERILIZATION METHOD

4.1 Market Overview by Sterilization Method
4.2 Chemical Sterilization
4.3 Radiation Sterilization
4.4 Heat/High-temperature Sterilization
4.5 Filtration Sterilization
4.6 Low-temperature Sterilization

5 SEGMENTATION OF GLOBAL MARKET BY END USER

5.1 Market Overview by End User
5.2 Hospitals & Clinics
5.3 Pharma & Biotech Companies
5.4 Medical Device Companies
5.5 Scientific Institutes & Laboratories
5.6 Other End Users

6 SEGMENTATION OF GLOBAL MARKET BY REGION

6.1 Geographic Market Overview 2023-2033
6.2 North America Market 2023-2033 by Country
  6.2.1 Overview of North America Market
  6.2.2 U.S.
  6.2.3 Canada
  6.2.4 Mexico
6.3 European Market 2023-2033 by Country
  6.3.1 Overview of European Market
  6.3.2 Germany
  6.3.3 U.K.
  6.3.4 France
  6.3.5 Spain
  6.3.6 Italy
  6.3.7 Russia
  6.3.8 Rest of European Market
6.4 Asia-Pacific Market 2023-2033 by Country
  6.4.1 Overview of Asia-Pacific Market
  6.4.2 Japan
  6.4.3 China
  6.4.4 Australia
  6.4.5 India
  6.4.6 South Korea
  6.4.7 Rest of APAC Region
6.5 South America Market 2023-2033 by Country
  6.5.1 Argentina
  6.5.2 Brazil
  6.5.3 Chile
  6.5.4 Rest of South America Market
6.6 MEA Market 2023-2033 by Country
  6.6.1 Turkey
  6.6.2 Saudi Arabia
  6.6.3 South Africa
  6.6.4 Other National Markets

7 COMPETITIVE LANDSCAPE

7.1 Overview of Key Vendors
7.2 New Product Launch, Partnership, Investment, and M&A
7.3 Company Profiles

3M COMPANY

Acmas Technologies Pvt. Ltd.
Andersen Products, Inc.
Belimed AG
BGS Beta-Gamma-Service Gmbh & Co. Kg
C.B.M. S.R.L. Medical Equipment
Cantel Medical Corp.
Cardinal Health Inc.
Continental Equipment Company
Cosmed Group
De Lama S.P.A
E-BEAM Services Inc.
Fortive Corp. (Advanced Sterilization Products)
Getinge AB
Life Science Outsourcing Inc.
Matachana Group
Merck KGaA
MMM Group
Sotera Health Company
Steelco S.P.A.
Steris PLC
Stryker Corporation
Systec GmbH
Tuttnauer

8 INVESTING IN STERILIZATION EQUIPMENT INDUSTRY: RISK ASSESSMENT AND MANAGEMENT

8.1 Risk Evaluation of Global Market
8.2 Critical Success Factors (CSFs)
RELATED REPORTS

12. LIST OF TABLES

Table 1. Snapshot of Global Sterilization Equipment Market in Balanced Perspective, 2023-2033
Table 2. World Economic Outlook, 2024-2036
Table 3. World Economic Outlook, 2022-2024
Table 4. Scenarios for Economic Impact of Ukraine Crisis
Table 5. Scenarios for Economic Impact of Israel-Palestine War
Table 6. World Health Spending by Region, $ bn, 2013-2020
Table 7. Comparison of Limitations of Sterilization Methods
Table 8. Main Product Trends and Market Opportunities in Global Sterilization Equipment Market
Table 9. Global Sterilization Equipment Market by Product, 2023-2033, $ mn
Table 10. Global Sterilization Equipment Market by Sterilization Method, 2023-2033, $ mn
Table 11. Global Sterilization Equipment Market by End User, 2023-2033, $ mn
Table 12. Global Sterilization Equipment Market by Region, 2023-2033, $ mn
Table 13. Leading National Sterilization Equipment Market, 2023 and 2033, $ mn
Table 14. North America Sterilization Equipment Market by Country, 2023-2033, $ mn
Table 15. U.S. Sterilization Equipment Market by Product, 2023-2033, $ mn
Table 16. U.S. Sterilization Equipment Market by Sterilization Method, 2023-2033, $ mn
Table 17. U.S. Sterilization Equipment Market by End User, 2023-2033, $ mn
Table 18. Canada Sterilization Equipment Market by Product, 2023-2033, $ mn
Table 19. Canada Sterilization Equipment Market by Sterilization Method, 2023-2033, $ mn
Table 20. Canada Sterilization Equipment Market by End User, 2023-2033, $ mn
Table 21. Mexico Sterilization Equipment Market by Product, 2023-2033, $ mn
Table 22. Mexico Sterilization Equipment Market by Sterilization Method, 2023-2033, $ mn
Table 23. Mexico Sterilization Equipment Market by End User, 2023-2033, $ mn
Table 24. Europe Sterilization Equipment Market by Country, 2023-2033, $ mn
Table 25. Germany Sterilization Equipment Market by Product, 2023-2033, $ mn
Table 26. Germany Sterilization Equipment Market by Sterilization Method, 2023-2033, $ mn
Table 27. Germany Sterilization Equipment Market by End User, 2023-2033, $ mn
Table 28. U.K. Sterilization Equipment Market by Product, 2023-2033, $ mn
Table 29. U.K. Sterilization Equipment Market by Sterilization Method, 2023-2033, $ mn
Table 30. U.K. Sterilization Equipment Market by End User, 2023-2033, $ mn
Table 31. France Sterilization Equipment Market by Product, 2023-2033, $ mn
Table 32. France Sterilization Equipment Market by Sterilization Method, 2023-2033, $ mn
Table 33. France Sterilization Equipment Market by End User, 2023-2033, $ mn
Table 34. Spain Sterilization Equipment Market by Product, 2023-2033, $ mn
Table 35. Spain Sterilization Equipment Market by Sterilization Method, 2023-2033, $ mn
Table 36. Spain Sterilization Equipment Market by End User, 2023-2033, $ mn
Table 37. Italy Sterilization Equipment Market by Product, 2023-2033, $ mn
Table 38. Italy Sterilization Equipment Market by Sterilization Method, 2023-2033, $ mn
Table 39. Italy Sterilization Equipment Market by End User, 2023-2033, $ mn
Table 40. Russia Sterilization Equipment Market by Product, 2023-2033, $ mn
Table 41. Russia Sterilization Equipment Market by Sterilization Method, 2023-2033, $ mn
Table 42. Russia Sterilization Equipment Market by End User, 2023-2033, $ mn
Table 43. Sterilization Equipment Market in Rest of Europe by Country, 2023-2033, $ mn
Table 44. APAC Sterilization Equipment Market by Country, 2023-2033, $ mn
Table 45. Japan Sterilization Equipment Market by Product, 2023-2033, $ mn
Table 46. Japan Sterilization Equipment Market by Sterilization Method, 2023-2033, $ mn
Table 47. Japan Sterilization Equipment Market by End User, 2023-2033, $ mn
Table 48. China Sterilization Equipment Market by Product, 2023-2033, $ mn
Table 49. China Sterilization Equipment Market by Sterilization Method, 2023-2033, $ mn
Table 50. China Sterilization Equipment Market by End User, 2023-2033, $ mn
Table 51. Australia Sterilization Equipment Market by Product, 2023-2033, $ mn
Table 52. Australia Sterilization Equipment Market by Sterilization Method, 2023-2033, $ mn
Table 53. Australia Sterilization Equipment Market by End User, 2023-2033, $ mn
Table 54. India Sterilization Equipment Market by Product, 2023-2033, $ mn
Table 55. India Sterilization Equipment Market by Sterilization Method, 2023-2033, $ mn
Table 56. India Sterilization Equipment Market by End User, 2023-2033, $ mn
Table 57. South Korea Sterilization Equipment Market by Product, 2023-2033, $ mn
Table 58. South Korea Sterilization Equipment Market by Sterilization Method, 2023-2033, $ mn
Table 59. South Korea Sterilization Equipment Market by End User, 2023-2033, $ mn
Table 60. Sterilization Equipment Market in Rest of APAC by Country/Region, 2023-2033, $ mn
Table 61. South America Sterilization Equipment Market by Country, 2023-2033, $ mn
Table 62. Argentina Sterilization Equipment Market by Product, 2023-2033, $ mn
Table 63. Argentina Sterilization Equipment Market by Sterilization Method, 2023-2033, $ mn
Table 64. Argentina Sterilization Equipment Market by End User, 2023-2033, $ mn
Table 65. Brazil Sterilization Equipment Market by Product, 2023-2033, $ mn
Table 66. Brazil Sterilization Equipment Market by Sterilization Method, 2023-2033, $ mn
Table 67. Brazil Sterilization Equipment Market by End User, 2023-2033, $ mn
Table 68. Chile Sterilization Equipment Market by Product, 2023-2033, $ mn
Table 69. Chile Sterilization Equipment Market by Sterilization Method, 2023-2033, $ mn
Table 70. Chile Sterilization Equipment Market by End User, 2023-2033, $ mn
Table 71. MEA Sterilization Equipment Market by Country, 2023-2033, $ mn
Table 72. Turkey Sterilization Equipment Market by Product, 2023-2033, $ mn
Table 73. Turkey Sterilization Equipment Market by Sterilization Method, 2023-2033, $ mn
Table 74. Turkey Sterilization Equipment Market by End User, 2023-2033, $ mn
Table 75. Saudi Arabia Sterilization Equipment Market by Product, 2023-2033, $ mn
Table 76. Saudi Arabia Sterilization Equipment Market by Sterilization Method, 2023-2033, $ mn
Table 77. Saudi Arabia Sterilization Equipment Market by End User, 2023-2033, $ mn
Table 78. South Africa Sterilization Equipment Market by Product, 2023-2033, $ mn
Table 79. South Africa Sterilization Equipment Market by Sterilization Method, 2023-2033, $ mn
Table 80. South Africa Sterilization Equipment Market by End User, 2023-2033, $ mn
Table 81. 3M Company: Company Snapshot
Table 82. 3M Company: Business Segmentation
Table 83. 3M Company: Product Portfolio
Table 84. List of Risk Factors and Weight Percentages/Theoretical Maximum
Table 85. Definition of GMD Relative Risk Index Number (Relative RIN) and GMD Risk Intensity Level (RIL)
Table 86. Risk Evaluation for Investing in Global Market, 2023-2033
Table 87. Critical Success Factors and Key Takeaways

12. LIST OF FIGURES

Figure 1. Research Method Flow Chart
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation
Figure 3. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2023-2033
Figure 4. Global Sterilization Equipment Market, 2023-2033, $ mn
Figure 5. Impact of COVID-19 on Business
Figure 6. Primary Drivers and Impact Factors of Global Sterilization Equipment Market
Figure 7. Worldwide Geriatric Population (60 years and above) by Regions, 2015 & 2030, million
Figure 8. World Population 65 and Over, % of Total Population, 1950-2060
Figure 9. Primary Restraints and Impact Factors of Global Sterilization Equipment Market
Figure 10. Porter’s Fiver Forces Analysis of Global Sterilization Equipment Market
Figure 11. Growth Opportunity Analysis by Product
Figure 12. Breakdown of Global Sterilization Equipment Market by Product, 2023-2033, % of Revenue
Figure 13. Global Addressable Market Cap in 2024-2033 by Product, Value ($ mn) and Share (%)
Figure 14. Global Sterilization Equipment Market by Product: Equipment, 2023-2033, $ mn
Figure 15. Global Sterilization Equipment Market by Product: Consumables & Accessories, 2023-2033, $ mn
Figure 16. Global Sterilization Equipment Market by Product: Services, 2023-2033, $ mn
Figure 17. Growth Opportunity Analysis by Sterilization Method
Figure 18. Breakdown of Global Sterilization Equipment Market by Sterilization Method, 2023-2033, % of Sales Revenue
Figure 19. Global Addressable Market Cap in 2024-2033 by Sterilization Method, Value ($ mn) and Share (%)
Figure 20. Global Sterilization Equipment Market by Sterilization Method: Chemical Sterilization, 2023-2033, $ mn
Figure 21. Global Sterilization Equipment Market by Sterilization Method: Radiation Sterilization, 2023-2033, $ mn
Figure 22. Global Sterilization Equipment Market by Sterilization Method: Heat/High-temperature Sterilization, 2023-2033, $ mn
Figure 23. Global Sterilization Equipment Market by Sterilization Method: Filtration Sterilization, 2023-2033, $ mn
Figure 24. Global Sterilization Equipment Market by Sterilization Method: Low-temperature Sterilization, 2023-2033, $ mn
Figure 25. Growth Opportunity Analysis by End User
Figure 26. Breakdown of Global Sterilization Equipment Market by End User, 2023-2033, % of Revenue
Figure 27. Global Addressable Market Cap in 2024-2033 by End User, Value ($ mn) and Share (%)
Figure 28. Global Sterilization Equipment Market by End User: Hospitals & Clinics, 2023-2033, $ mn
Figure 29. Global Sterilization Equipment Market by End User: Pharma & Biotech Companies, 2023-2033, $ mn
Figure 30. Global Sterilization Equipment Market by End User: Medical Device Companies, 2023-2033, $ mn
Figure 31. Global Sterilization Equipment Market by End User: Scientific Institutes & Laboratories, 2023-2033, $ mn
Figure 32. Global Sterilization Equipment Market by End User: Other End Users, 2023-2033, $ mn
Figure 33. Global Market Snapshot by Region
Figure 34. Growth Opportunity Analysis of Global Market by Region
Figure 35. Geographic Spread of Worldwide Sterilization Equipment Market, 2023-2033, % of Sales Revenue
Figure 36. Global Addressable Market Cap in 2024-2033 by Region, Value ($ mn) and Share (%)
Figure 37. North American Sterilization Equipment Market, 2023-2033, $ mn
Figure 38. Growth Opportunity Analysis of North America Market by Country
Figure 39. Breakdown of North America Sterilization Equipment Market by Country, 2023 and 2033, % of Revenue
Figure 40. Contribution to North America 2024-2033 Cumulative Market by Country, Value ($ mn) and Share (%)
Figure 41. U.S. Sterilization Equipment Market, 2023-2033, $ mn
Figure 42. Canada Sterilization Equipment Market, 2023-2033, $ mn
Figure 43. Sterilization Equipment Market in Mexico, 2023-2033, $ mn
Figure 44. European Sterilization Equipment Market, 2023-2033, $ mn
Figure 45. Growth Opportunity Analysis of Europe Market by Country
Figure 46. Breakdown of European Sterilization Equipment Market by Country, 2023 and 2033, % of Revenue
Figure 47. Contribution to Europe 2024-2033 Cumulative Market by Country, Value ($ mn) and Share (%)
Figure 48. Sterilization Equipment Market in Germany, 2023-2033, $ mn
Figure 49. Sterilization Equipment Market in U.K., 2023-2033, $ mn
Figure 50. Sterilization Equipment Market in France, 2023-2033, $ mn
Figure 51. Sterilization Equipment Market in Spain, 2023-2033, $ mn
Figure 52. Sterilization Equipment Market in Italy, 2023-2033, $ mn
Figure 53. Sterilization Equipment Market in Russia, 2023-2033, $ mn
Figure 54. Sterilization Equipment Market in Rest of Europe, 2023-2033, $ mn
Figure 55. Asia-Pacific Sterilization Equipment Market, 2023-2033, $ mn
Figure 56. Growth Opportunity Analysis of Asia-Pacific Market by Country
Figure 57. Breakdown of APAC Sterilization Equipment Market by Country, 2023 and 2033, % of Revenue
Figure 58. Contribution to APAC 2024-2033 Cumulative Market by Country, Value ($ mn) and Share (%)
Figure 59. Sterilization Equipment Market in Japan, 2023-2033, $ mn
Figure 60. Sterilization Equipment Market in China, 2023-2033, $ mn
Figure 61. Sterilization Equipment Market in Australia, 2023-2033, $ mn
Figure 62. Sterilization Equipment Market in India, 2023-2033, $ mn
Figure 63. Sterilization Equipment Market in South Korea, 2023-2033, $ mn
Figure 64. Sterilization Equipment Market in Rest of APAC, 2023-2033, $ mn
Figure 65. South America Sterilization Equipment Market, 2023-2033, $ mn
Figure 66. Growth Opportunity Analysis of South America Market by Country
Figure 67. Breakdown of South America Sterilization Equipment Market by Country, 2023 and 2033, % of Revenue
Figure 68. Contribution to South America 2024-2033 Cumulative Market by Country, Value ($ mn) and Share (%)
Figure 69. Sterilization Equipment Market in Argentina, 2023-2033, $ mn
Figure 70. Sterilization Equipment Market in Brazil, 2023-2033, $ mn
Figure 71. Sterilization Equipment Market in Chile, 2023-2033, $ mn
Figure 72. Sterilization Equipment Market in Rest of South America, 2023-2033, $ mn
Figure 73. Sterilization Equipment Market in Middle East and Africa (MEA), 2023-2033, $ mn
Figure 74. Growth Opportunity Analysis of MEA Market by Country
Figure 75. Breakdown of MEA Sterilization Equipment Market by Country, 2023 and 2033, % of Revenue
Figure 76. Contribution to MEA 2024-2033 Cumulative Market by Country, Value ($ mn) and Share (%)
Figure 77. Sterilization Equipment Market in Turkey, 2023-2033, $ mn
Figure 78. Sterilization Equipment Market in Saudi Arabia, 2023-2033, $ mn
Figure 79. Sterilization Equipment Market in South Africa, 2023-2033, $ mn
Figure 80. Sterilization Equipment Market in the Rest of MEA, 2023-2033, $ mn
Figure 81. Growth Stage of Global Sterilization Equipment Industry over the Forecast Period
Figure 82. Comparison of Risk Factors by GMD RIN in 2023
Figure 83. GMD Relative RIN of Internal Risk Factors in 2023 on Radar Chart
Figure 84. GMD Relative RIN of External Risk Factors in 2023 on Radar Chart