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The Sterilization Equipment Market is expected to grow at a CAGR of 12.2% from 2020 to reach $23.7 billion by 2027. Sterilization is one of the key processes in many of the industries, specifically in healthcare services. Sterilization Equipment are widely used in hospitals to prevent hospital acquired infections, and in pharmaceutical and biotechnology, medical device manufacturing, and food and beverages processing industry to maintain sterile processing environment within the facility, as per need. In industrial applications, sterilization hold importance as it helps manufacturers in ensuring GMP compliance. Whereas, in healthcare settings, the importance of sterilization is even more crucial as it helps providers to prevent several hospital-acquired infections, and thereby improve quality of care delivered, and minimize cost of healthcare at the same time.
Here are the top 10 companies operating in the Sterilization Equipment Market
Founded in 1985 and headquartered at Ohio, U.S.; Steris Corporation was formerly founded as Innovative Medical Technologies and then renamed as STERIS in 1987. The company offers several infection prevention products along with other procedural products and services. The company mainly distributes these products to healthcare, pharmaceutical and medical device customers. Along with this, the company offers equipment, such as sterilizers and washers, surgical tables, lights and equipment management systems; and connectivity solutions, such as operating room integration; consumable products such as detergents and gastrointestinal endoscopy accessories, and other products; services, including equipment installation and maintenance, microbial reduction of medical devices, instrument and scope repair solutions, laboratory services and outsourced reprocessing.
The company operates through four business segments namely Healthcare Products, Healthcare Specialty Services, Life Sciences, and Applied Sterilization Technologies. With its subsidiaries and network of distribution, the company has its presence across the 100 countries.
3M Company
Founded in 1929 and headquartered at Minnesota, U.S.; 3M Company is engaged in product development, manufacturing and marketing related to various markets. The company offers these products through following business segments namely Industrial; Safety and Graphics; Health Care; Electronics and Energy; and Consumer. The company provides sterilization equipment in Healthcare business segment for medical clinics and hospitals, pharmaceuticals, dental and orthodontic practitioners, health information systems, and food manufacturing and testing.
With its subsidiaries and network of distribution, the company has its presence across North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Founded in 1904 and headquartered at Gothenburg, Sweden; Getinge AB is engaged in providing products and systems that contribute to quality enhancement and cost efficiency within healthcare and life sciences industry. The company offers these products through following business segments namely Acute Care Therapies and Surgical Workflows. The company provides sterilization equipment and services for hospital operating rooms and associated rooms, such as central sterile supply departments and intensive care units.
With its subsidiaries and network of distribution, the company has its presence across 40 countries.
MMM Group
Founded in 1954 and headquartered at Planegg, Germany; MMM Group is engaged in manufacturing and distributing products & services related to sterilization and disinfection system. The company offers these products mainly for hospitals, scientific institutes, laboratories and the pharmaceutical industry. The company has its manufacturing plants in Stadlern (Bavaria) and Brno (Czech Republic). The company provides sterilization equipment through its member companies namely BMT Medical Technology s.r.o., MMM Munchener Medizin Mechanik GmbH, and MMM MedCenter Gmbh.
With its subsidiaries and network of distribution, the company has its presence across the North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Founded in 1990 and headquartered at South Carolina, U.S.; Belimed AG is engaged in supplying cleaning, disinfection and sterilization solutions for Medical and Life Science. The company provides the sterilization products to multinational pharmaceutical manufacturers – to the local – hospitals and large medical practices. The company has its manufacturing and development facilities across Zug, Grosuplje, Mühldorf and Sulgen.
With its subsidiaries and network of distribution, the company has its presence across the 80 countries.
Meticulous Research in its latest publication on Sterilization Equipment Market has predicted the growth of 12.2% during the forecast year 2020-2027.
Matachana
Founded in 1962 and headquartered in Barcelona, Spain, Matachana focuses on designing, manufacturing, and distributing infection control products to hospitals, laboratories, and research centers. The company’s products are used by healthcare practitioners such as dentists, surgeons, ophthalmologists, gynecologists, and chiropodists.
Some of the major products offered by the company include sterilization equipment, washers, and consumables such as disinfection chemistries. Matachana operates in countries such as Spain, Germany, France, the US, Argentina, Malaysia, and China.
Formed in November 2017 as a parent organization, Sotera Health includes Sterigenics, Nelson Labs, and Nordion companies under one organization. Over the years, the company has established itself as leader in sterilization market with the expertise of three companies. The company provides contract sterilization services, gamma technologies, and medical isotopes through Nordion. It also engages in process capabilities and ionization services for medical devices and pharmaceutical industries using ethylene oxide (EO), gamma, and electron beam (E-beam) irradiation. In April 2016, the company acquired Nelson Laboratories (US), a provider of contract sterilization services, gamma sterilization technologies, and medical isotopes.
Similarly, in August 2014, the company acquired Nordion (Canada), a leading provider of medical isotopes and sterilization technologies. These acquisitions helped the company boost its infection control product and service offering. Also, the company’s service portfolio includes contract sterilization services, microbiological and analytical testing, consulting services, radiation processing services, and micro-organism reduction services. The company currently operates through 63 facilities spread across 13 countries.
Cardinal Health
Founded in 1971 and headquartered in Ohio, US, Cardinal Health manufactures and distributes pharmaceutical and medical products along with offering sterilization services to pharmacies, hospitals, ambulatory surgery centers, clinical laboratories, physician offices, and other healthcare providers. The company operates through two major segments, namely, pharmaceutical and medical. The medical segment offers a variety of surgical and laboratory products and provides services to hospitals, surgery centers, and clinical laboratories. Sterilization equipment products and services are offered under the medical segment.
The company operates in North America, Europe, Asia Pacific, and Latin America. Some of the major subsidiaries of the company are The Harvard Drug Group (US), AssuraMed Inc. (US), Cardinal Health Holding International, Inc. (US), Ransdell Surgical Inc. (US), Cardinal Health UK 100 Ltd, Cardinal Health P.R. 409 B.V. (Netherlands), and Allegiance Healthcare (Labuan) Pte. Ltd. (Malaysia).
Incorporated in 1987 and headquartered in Irvine California, Advanced Sterilization Products is a subsidiary of Johnson & Johnson (J&J). J&J operates through three business segments, namely consumer, pharmaceuticals, and medical devices and diagnostics. Advanced Sterilization Products is engaged in developing and manufacturing of instrument sterilization, high level disinfection and cleaning technologies. The company’s portfolio of sterilization equipment and services market comprises antimicrobial hand gels, enzymatic detergents, chemical indicators, biological indicators, instrument trays, and endoscope cleaners among others. Sterrad is the company’s flagship product that is based on the technology utilizing hydrogen gas plasma.
The company operates in North America, Asia Pacific, Middle East and Africa. Its major subsidiaries include J&J Medical GmbH (Germany), J&J K.K. Medical (Japan), J&J Medical Korea Ltd. (South Korea), J&J Medical Pty. Ltd. (Australia), and J&J Produtos Profissionals (Brazil).
Cantel Medical
Founded in 1963 and headquartered in new Jersaey, US, Cantel Medical provides sterilization and infection control products and services in the healthcare industry. The company primarily operates through four business segments, namely endoscopy, water purification & filtration, healthcare disposables, and dialysis. The company offers sterilization solutions through its subsidiary named MEDIVATORS. MEDIVATORS is engaged in the development and distribution of medical devices, tissue materials, and orthopaedic implantable items.
The company holds 55 patents in the US and more than 150 international patents. Cantel majorly operates in Canada, Netherlands, UK and Asia. Its major subsidiaries include MEDIVATORS (US), Mar Cor Purification (US), and Crosstex international (US).
Authoritative Research on the Sterilization Equipment Market – Global Opportunity Analysis and Industry Forecast (2020-2027)
Need more information? Meticulous Research®’s new report covers each of these companies in much more detail, providing analysis on the following:
- Recent financial performance
- Key products
- Significant company strategies
- Partnerships and acquisitions
The Comprehensive report provides global market size estimates, market share analysis, revenue numbers, and coverage of key issues and trends.
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