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$590.7 Million Worldwide Sterilization Monitoring Industry to 2026 - Featuring 3M, Cantel Medical and Mesa Laboratories Among Others - ResearchAndMarkets.com

·3-min read

DUBLIN, Jun 14, 2021--(BUSINESS WIRE)--The "Global Sterilization Monitoring Market (2021-2026) by Technology, Product, Method of Sterilization, Process, End-user, Geography, Competitive Analysis and the Impact of COVID-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.

The Global Sterilization Monitoring Market is estimated to be USD 590.7 Mn in 2021 and is expected to reach USD 876.1 Mn by 2026, growing at a CAGR of 8.2%.

The Global Sterilization Monitoring Market is segmented further based on Technology, Product, Method of Sterilization, Process, End-User, and Geography.

  • By Technology, the market is classified as Biological Monitoring, Chemical Monitoring, and Mechanical Monitoring. Amongst them, the Chemical Monitoring segment is estimated to hold the highest market share.

  • By Product, the market is classified as Biological and Chemical Indicators. The Biological Indicators is further classified as Self-Contained Vials, Spore Strips, Spore Ampoules, and Spore Suspensions. The Chemical Indicators is further classified as Internal Chemical Indicators and External Indicators. Amongst them, the Self-Contained Vials segment is estimated to hold the highest market share during the forecast period.

  • By Method of Sterilization, the market is classified as Steam Sterilization, Ethylene Oxide Sterilization, Hydrogen Peroxide Sterilization, and Formaldehyde Sterilization. Amongst them, the Ethylene Oxide Sterilization segment holds the highest market share.

  • By Process, the market is classified as Pack Monitoring, Load Monitoring, Equipment/Process Monitoring, and Exposure Monitoring. Amongst them, the Load Monitoring is estimated to hold the highest market share.

  • By End-User, the market is classified as Hospitals, Pharmaceutical, Biotechnology, & Medical Device Companies, Research and Academic Institutes, Food & Beverage Industry, and Other End Users. Amongst them, the Pharmaceutical, Biotechnology, & Medical Device Companies is estimated to hold the highest market share.

  • By Geography, North America is projected to lead the market.

Recent Developments

1. Steris announces definitive agreement to acquire Cantel medical. - 12th January 2021

2. Propper Manufacturing Company has been awarded a group purchasing agreement for Sterilization Assurance with Premier. The new agreement allows Premier members, at their discretion, to take advantage of special pricing and terms pre-negotiated by Premier for sterilization monitoring products including, chemical and biological indicators for steam and ethylene oxide sterilization. - 28th October 2019

3. MSC partners with Propper Manufacturing Co. Inc - 27th October 2020

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Sterilization Monitoring Market.

  • The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.

  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.

  • The report includes in-depth market analysis using Porter's 5 force model and the Ansoff Matrix. The impact of Covid-19 on the market is also featured in the report.

  • The report also contains the competitive analysis using Competitive Quadrants, the analyst's proprietary competitive positioning tool.

Market Dynamics

Drivers

  • Rising Incidence of Hospital-Acquired Infections

  • Increasing Number of Surgical Procedures

  • Technological Advancements in Sterilization Monitoring Products

  • Rising Focus on Food Sterilization

Restraints

  • Lack of Awareness on Sterilization Monitoring

  • Dearth of Skilled Professionals

Opportunities

  • Increasing Mergers & Acquisitions

  • High Growth Opportunities in Emerging Countries

  • Growing Number of Hospitals

  • Growing Pharmaceutical and Biotechnology Industry

Challenges

  • End User Noncompliance to Sterilization Standards

Companies Mentioned

  • 3M Co.

  • Getinge Group

  • Cantel Medical Corp

  • Cardinal Health, Inc.

  • Mesa Laboratories, Inc.

  • Propper Manufacturing Co. Inc.

  • PMS Healthcare Technologies

  • Hu-Friedy Mfg. Co., LLC

  • GKE-Gmbh

  • Matachana Group

  • Andersen Products, Inc.

  • Bag Health Care Gmbh

  • Terragene S.A.

  • Excelsior Scientific Ltd.

For more information about this report visit https://www.researchandmarkets.com/r/3r34xw

View source version on businesswire.com: https://www.businesswire.com/news/home/20210614005406/en/

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