Offsite Sterilization Service Market Growth Trajectory Through 2024-2033

The Offsite Sterilization Service Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Offsite Sterilization Service Global Market Report 2024, The offsite sterilization service market size is expected to see strong growth in the next few years. It will grow to $3.06 billion in 2028 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to sustainability and circular economy initiatives, e-commerce growth, urbanization trends, health and safety concerns, customization and personalization. Major trends in the forecast period include growing demand for mobile sterilization units, adoption of sustainable sterilization practices, expansion of sterilization services in emerging markets, integration of robotics and automation, focus on sterilization services for pharmaceuticals and biotechnology industries.

The growing prevalence of hospital-acquired infections (HAIS) is expected to propel the growth of the offsite sterilization service market going forward. Hospital-acquired infections refer to infections that patients acquire during receiving healthcare treatment in a hospital or other healthcare facility. Offsite sterilization service strategies address hospital-acquired infections (HAIs) by implementing a range of measures designed to minimize the risk of infection and enhance patient safety. For instance, in December 2023, according to the Australian Institute of Health and Welfare, an Australia-based government agency, hospitals recorded 1,546 Staphylococcus aureus bloodstream infections (SABSI) over 21.1 million patient care days, with a rate of 0.73 cases per 10,000 patient days in 2021–22, and MSSA infections increased slightly to 0.62 per 10,000 patient days from 0.61 in 2020–21. Therefore, the growing prevalence of hospital-acquired infections (HAIS) is driving the growth of the offsite sterilization service market.

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The offsite sterilization service market covered in this report is segmented –

1) By Type: Contract Sterilization Services, Sterilization Validation Services
2) By Service Technology: Ethylene Oxide Sterilization, Gamma Sterilization, Electron Beam Sterilization, Steam Sterilization, No2 Sterilization, Other Service Technologies
3) By End User: Hospitals, Clinics, Medical Device Companies, Pharmaceutical Companies, Food And Beverage Companies, Academic And Research Institutes, Other End Users

Major companies operating in the offsite sterilization service market are developing innovative facilities, such as surgical instrument sterilization solutions, to increase their profitability in the market. Surgical instrument sterilization solutions are chemical or physical agents used to eliminate all microorganisms, including bacteria, viruses, and fungi, from surgical instruments. For instance, in October 2023, Innovative Sterilization Technologies LLC, a US-based manufacturer of reusable sealed sterilization devices, launched ONE TRAY Total Solution for its New Offsite Sterilization Facility. It is a system designed to improve the efficiency and effectiveness of surgical instrument sterilization, particularly for high-turnover instruments in hospitals and ambulatory surgical centers. It features a unique filtration system that allows for steam penetration and sterility maintenance for up to 48 hours after sterilization.

The offsite sterilization service market report table of contents includes:

1. Executive Summary
2.Offsite Sterilization Service Market Characteristics
3.Offsite Sterilization Service Market Trends And Strategies
4.Offsite Sterilization Service Market analysis
5.Offsite Sterilization Service Market Size And Growth
6.Offsite Sterilization Service Segmentation
7.Offsite Sterilization Service Regional And Country Analysis
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27.Offsite Sterilization Service Competitive Landscape And Company Profiles
28.Offsite Sterilization Service Key Mergers And Acquisitions
29.Offsite Sterilization Service Future Outlook and Potential Analysis

TOP MAJOR PLAYERS:

• Schneider Electric SE
• Stryker Corporation
• Terumo BCT Corporation
• Steris plc
• Andersen Scientific Inc.
• Sotera Health Company

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