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Global Sterilization Monitoring Market Report 2021: Increasing Mergers & Acquisitions & High Growth Opportunities in Emerging Countries

Research and Markets
·5-min read

Dublin, March 18, 2021 (GLOBE NEWSWIRE) -- The "Global Sterilization Monitoring Market (2020-2025) 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 546 Mn in 2020 and is expected to reach USD 809.7 Mn by 2025, growing at a CAGR of 8.2%.

Market Dynamics

Key factors, such as rising incidence of hospital-acquired infections, increasing number of surgical procedures, technological advancements in sterilization monitoring products and rising focus on food sterilization will help in boosting the growth of the market. Also lack of awareness on sterilization monitoring, and dearth of skilled professionals restrains the market.
End user noncompliance to sterilization standards poses a major challenge to the growth of this market.

Market Segmentation

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

Company Profiles

Some of the companies covered in this report are 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., and Excelsior Scientific Ltd.

Key Topics Covered:

1 Report Description

2 Research Methodology

3 Executive Summary

4 Market Overview
4.1 Introduction
4.2 Market Dynamics
4.2.1 Drivers
4.2.1.1 Rising Incidence of Hospital-Acquired Infections
4.2.1.2 Increasing Number of Surgical Procedures
4.2.1.3 Technological Advancements in Sterilization Monitoring Products
4.2.1.4 Rising Focus on Food Sterilization
4.2.2 Restraints
4.2.2.1 Lack of Awareness on Sterilization Monitoring
4.2.2.2 Dearth of Skilled Professionals
4.2.3 Opportunities
4.2.3.1 Increasing Mergers & Acquisitions
4.2.3.2 High Growth Opportunities in Emerging Countries
4.2.3.2.1 Growing Number of Hospitals
4.2.3.2.2 Growing Pharmaceutical and Biotechnology Industry
4.2.4 Challenges
4.2.4.1 End User Noncompliance to Sterilization Standards
4.3 Trends
4.3.1 Hospital Consolidation in Developed Regions

5 Market Analysis
5.1 Porter's Five Forces Analysis
5.2 Impact of COVID-19
5.3 Ansoff Matrix Analysis

6 Global Sterilization Monitoring Market, By Technology
6.1 Introduction
6.2 Biological Monitoring
6.3 Chemical Monitoring
6.4 Mechanical Monitoring

7 Global Sterilization Monitoring Market, By Product
7.1 Introduction
7.2 Biological Indicators
7.2.1 Self-Contained Vials
7.2.2 Spore Strips
7.2.3 Spore Ampoules
7.2.4 Spore Suspensions
7.3 Chemical Indicators
7.3.1 Internal Chemical Indicators
7.3.1.1 Class 5 (Integrating Indicators)
7.3.1.2 Class 6 (Emulating Indicators)
7.3.1.3 Class 4 (Multi-Parameter indicators)
7.3.1.4 Class 3 (Single-Parameter Indicators)
7.3.2 External Chemical Indicators
7.3.2.1 Class 2 (Bowie-Dick Indicators)
7.3.2.2 Class 1 (Process Indicators)

8 Global Sterilization Monitoring Market

9 Method of Sterilization
9.1 Introduction
9.2 Steam Sterilization
9.3 Ethylene Oxide Sterilization
9.4 Hydrogen Peroxide Sterilization
9.5 Formaldehyde Sterilization

10 Global Sterilization Monitoring Market, By Process
10.1 Introduction
10.2 Pack Monitoring
10.3 Load Monitoring
10.4 Equipment/Process Monitoring
10.5 Exposure Monitoring

11 Global Sterilization Monitoring Market, By End-User
11.1 Introduction
11.2 Hospitals
11.3 Pharmaceutical, Biotechnology, and Medical Device Companies
11.4 Research and Academic Institutes
11.5 Food & Beverage Industry
11.6 Other End Users

12 Global Sterilization Monitoring Market, By Geography

13 Competitive Landscape
13.1 IGR Competitive Quadrant
13.2 Market Share Analysis
13.3 Competitive Scenario
13.3.1 Mergers & Acquisitions
13.3.2 Agreement, Collaborations, & Partnerships
13.3.3 New Product Launches & Enhancements
13.3.4 Investments & Fundings

14 Company Profiles

  • 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.

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For more information about this report visit https://www.researchandmarkets.com/r/7d5skn

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