The size of the Sterilization Equipment Market in North America is valued at USD 2.29 billion in 2022. It is estimated to be growing at a CAGR of 8.7% to reach USD 3.48 billion by 2027 during the forecast period.
Sterilization is the process of killing/removing/deactivating all forms of life like bacteria, viruses, fungi, prions, plasmodium, etc., present in medications, fluids, or biological culture media. Sterilization is a process that is mandatory since lethal diseases like hepatitis and HIV are threatening the lives of many. Sterilization achieved by heat is applied in sterilization food containers such as beer, milk, and fruit juice bottles.
Sterilization is commonly achieved by using flaming, incineration, steam, dry heat, and tyndallisation. Flaming is usually done in microbiology laboratories. In this process, straight wires and loops are heated until they emit a red color. Incineration combusts organic material inside a waste. Sterilization by steam is attained by heating the target material using injected steam until a particular time and temperature. Using dry heat is a tedious process compared to using steam; it kills the microorganisms through exposure to dry weather. The degree of sterilization that is achieved is proportional to the time of exposure to heat. Tyndallisation decreases the activity of sporulating bacteria by using a water boiling method.
The North America Sterilization Equipment market is driven by factors such as growing demand for sterilized equipment, stringent regulations in using medical equipment, growth in the food and beverages industry, rising investment in healthcare infrastructure, a rise of hospital-acquired diseases, a growing number of pharmaceutical companies, and rising geriatric population among others. However, the market is constrained by the high cost of sterilization equipment.
This research report on the North America Sterilization Equipment Market has been segmented and sub-segmented into the following categories:
By End User:
By Consumables and Accessories:
The Sterilization equipment market in North America is the largest globally by share, accounting for around 38 percent in 2020. The United States sterilization equipment market is forecasted to play a dominating role in the North American market during the forecast period due to government efforts to reduce the number of hospital-acquired diseases and stringent regulations in using medical equipment, among other factors. In addition, factors such as the rising geriatric population and growing demand for sterilized equipment are expected to drive the growth of this market. The Canadian sterilization equipment market is expected to grow at a promising CAGR during the forecast period due to the increasing amount spent on healthcare.
KEY MARKET PLAYERS:
A few of the prominent companies operating in the North American sterilization equipment market profiled in this report are STERIS Corporation (U.S.), Getinge Group (Sweden), Advanced Sterilization Products (U.S.), 3M Company (U.S.), Belimed AG (Switzerland), Cantel Medical Corporation (U.S.), Anderson Products, Inc. (U.S.), Matachana Group (S.A.), MMM Group (Germany), Sterigenics International, Inc. (U.S.).
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