The Terminal Sterilization Services Global Market Report 2023, provides comprehensive information on the terminal sterilization services market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Terminal Sterilization Services Market’s Growth:
The global terminal sterilization services market size is expected to grow from $10.50 billion in 2022 to $11.62 billion in 2023 at a compound annual growth rate (CAGR) of 10.69%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global terminal sterilization services market size is expected to reach $17.96 billion in 2027 at a CAGR of 11.51%.
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Technological advancements are a key trend gaining popularity in the terminal sterilization services market. Major companies in the terminal sterilization services sector are focused on developing new technologies to reduce sterilization time, improve safety, and strengthen their market position. In November 2020, Andersen Sterilizers, a USA-based gas sterilizer manufacturer, received FDA clearance for its EOGas 4 ethylene oxide gas sterilizer for terminal sterilization of duodenoscopes and colonoscopes at low temperatures. It employs an emission-reducing technology for reducing emissions from the EO sterilization process close to zero. It reduces the sterilization time to 3.5 hours.
The terminal sterilization services market is segmented:
1) By Type: Contract Sterilization Services, Sterilization Validation Services
2) By Method: Ethylene Oxide (Eto) Sterilization, Gamma Sterilization, Steam Sterilization, Electron Beam Radiation Sterilization, X-Ray
3) By Technology: Gravity, Vacuum, Steam, Forced Convention, Natural Convention
4) By End-Use: Hospital And Clinics, Pharma And Nutraceuticals, Medical Device Manufacturing/Packaging, Academic Research Institutes, Other End Users
North America was the largest region in the terminal sterilization services market in 2022.
The table of contents in TBRC’s terminal sterilization services market report includes:
- Executive Summary
- Terminal Sterilization Services Market Characteristics
- Terminal Sterilization Services Market Trends And Strategies
- Terminal Sterilization Services Market – Macro Economic Scenario
- Terminal Sterilization Services Market Size And Growth
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- Africa Terminal Sterilization Services Market
- Terminal Sterilization Services Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Terminal Sterilization Services Market
- Terminal Sterilization Services Market Future Outlook and Potential Analysis
- Appendix
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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