Stratview Research published a new report on the Sterilization Services Market that offers detailed segmentation of the market based on Method (Ethylene Oxide (ETO) Sterilization, Gamma Sterilization, Electron Beam Radiation Sterilization, Steam Sterilization, Other) Service Type (Contract Sterilization Services, Sterilization Validation Services), Mode of Delivery (Offsite Sterilization Services, Onsite Sterilization Services), End User (Medical Device, Pharmaceutical & Biotechnology, Hospitals & Clinics, Other) and Region

According to the report, The Sterilization Services Market is expected to grow from USD 4.21 billion in 2021 to USD 6.29 billion by 2028 at a CAGR of over 5.81% during the forecast period of 2022-2028.

The present report can be of high utility for the key decision-makers and growth strategists in terms of precise market insights, forthcoming growth opportunities, and key success factors. Especially, the report also analyses and mentions the possible impact of COVID-19 on the market dynamics. This will not only help in mitigating the uncertain business environment, but also help in rearranging the strategies and future- decisions in a fruitful manner.

Leading players in the market -

To build a successful business, it is vital to understanding the market - both the customers and the competitors. The report published consists of a list of key players active in the Sterilization Services Market, is given below -

  • Steris Corporation (US)
  • Cantel Medical Corporation (US)
  • Cretex Companies, Inc. (US)
  • E-BEAM Services, Inc. (US)
  • Medistri SA (Switzerland)
  • Sterigenics (US)
  • Cosmed Group (US)
  • Life Science Outsourcing, Inc. (US)
  • Noxilizer Inc. (US)
  • Sterilmed (US)
  • Stryker Corporation (US).

Report Findings

Based on end-users, the market has been segmented into medical devices, pharmaceutical & biotechnology, hospitals & clinics, and others. The hospitals & clinics segment accounted for the largest market share in 2020 and is projected to register significant CAGR during the review period. The segment growth can be attributed to increasing healthcare spending across the geographies.

Geographically, the market in North America accounted for the largest market share in 2020 and is expected to register significant CAGR during the review period. The market growth can be attributed to the established presence of the healthcare industry coupled with the presence of key market players such as Steris Corporation (US) and Cantel Medical Corporation (US). The market in Asia-Pacific is expected to be driven by the increasing growth of the healthcare industry in developing countries, particularly China and India.

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