Healthcare

Global Hospital Sterilization Device Growth Opportunities

Consumables and Services to Ensure Transformational Growth

INDUSTRY
Healthcare

RELEASE DATE
20-Dec-2023
REGION
North America
DELIVERABLE TYPE
Market Research

RESEARCH CODE
K92B-01-00-00-00
SKU
HC_2023_466
Yes
SHARE

Global Hospital Sterilization Device Growth Opportunities
Published on: 20-Dec-2023 | SKU: HC_2023_466

Need more details?

$4,950.00

$3,712.50 save 25 %

DownloadLink
Need more details?

Consumables and services will lead the global demand for sterilization devices because sterilization capital equipment growth is becoming saturated in developed economies. In developing economies, the growing number of healthcare facilities and the focus on reducing infections will boost the uptake of sterilization capital equipment, and consumables and services.

The global sterilization devices market is segmented into washer units (decontamination units), automatic endoscopic reprocessors (AERs), steam sterilization units, low-temperature units (EtO units, low-temperature steam formaldehyde, H2O2), and consumables and services. The geographic scope covers North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. This study covers market sizing in terms of value ($) and average prices ($ for sterilization capital equipment), competitive landscape, market drivers and restraints, trends, and growth opportunities.

The study scope is limited to sterilization devices and services within healthcare facilities. The focus on reducing hospital-acquired infections (HAIs) has ushered stronger sterilization methods to curtail costs. According to the US CDC, HAIs result in about $28.4 billion in direct costs and $12.4 billion in indirect social costs, such as deaths and loss of productivity, every year. Automation of the central sterile services department (CSSD) will bring about significant cost efficiencies, improved workflow, and optimization of resources for healthcare facilities. Automation is becoming a standard in developed economies, and developing economies offer greater growth opportunities. CSSD automation and the use of digital technologies in sterilization will boost revenue. The strong regulatory environment in the United States and Europe and sustainability goals will turn the focus on circular economy, responsible consumption, and re-use of medical devices.

Author: Vittal Bhaskar Rao

Why is it Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top 3 Strategic Imperatives on the Global Hospital Sterilization Devices Market

Growth Opportunities Fuel the Growth Pipeline Engine™

Scope of Analysis

Market Segmentation

Geographic Coverage

Growth Metrics

Growth Drivers

Growth in Surgeries Performed in ASCs

Consumables—The Largest Hospital Sterilization Device Segment

Services to Drive Growth of Hospital Sterilization Devices

Impact of Sustainability on Hospital Sterilization Devices Market Growth

CSSD Automation to be a Growth Driver for Companies Operating in the Hospital Sterilization Devices Market

Growth Restraints

Forecast Assumptions

Revenue Forecast

Revenue Forecast by Segment

Revenue Forecast by Region

Revenue Forecast Analysis

Average Price Forecast by Segment

Pricing Trends and Forecast Analysis

Competitive Environment

Key Competitors

Revenue Share

Revenue Share Analysis

Company Portfolio Mapping

Growth Metrics

Revenue Forecast

Revenue Forecast by Segment

Average Price Forecast by Segment

Forecast Analysis

Growth Metrics

Revenue Forecast

Revenue Forecast by Segment

Average Price Forecast by Segment

Forecast Analysis

Growth Metrics

Revenue Forecast

Revenue Forecast by Segment

Average Price Forecast by Segment

Forecast Analysis

Growth Metrics

Revenue Forecast

Revenue Forecast by Segment

Average Price Forecast by Segment

Forecast Analysis

Growth Metrics

Revenue Forecast

Revenue Forecast by Segment

Average Price Forecast by Segment

Forecast Analysis by Region

Growth Opportunity 1: Consumables and Services

Growth Opportunity 1: Consumables and Services (continued)

Growth Opportunity 2: Domestic Manufacturing

Growth Opportunity 2: Domestic Manufacturing (continued)

Growth Opportunity 3: Ambulatory Surgery Centers (ASCs)

Growth Opportunity 3: Ambulatory Surgery Centers (ASCs) (continued)

Growth Opportunity 4: CSSD Automation and Automated Endoscopy Reprocessors (AERs)

Growth Opportunity 4: CSSD Automation and Automated Endoscopy Reprocessors (AERs) (continued)

Your Next Steps

Why Frost, Why Now?

List of Exhibits

List of Exhibits (continued)

Legal Disclaimer


Have questions about this research or need deeper insights?
Speak directly with our analytics experts for tailored recommendations.

Recent related Healthcare research

28 Oct 2026   |   Global   |   Frost Radar

Frost Radar™: Health Monitoring Wearable Solutions, 2026

The health monitoring wearables industry is undergoing a profound transformation as competitive advantage shifts from device hardware to integrated digital health ecosystems. Market leaders are differentiating through clinically validated health insights, longitudinal data platforms, AI-enabled anal...

26 Oct 2026   |   Global   |   Technology Research

Game-Changing Innovations Transforming Cardiovascular Care

The study analyzes game-changing technologies transforming cardiovascular care across diagnosis, image-guided intervention, functional assessment, clinical workflow, and longitudinal patient monitoring. The analysis covers five segments: diagnostic imaging and AI-enabled cardiac assessment; interve...

23 Oct 2026   |   Global   |   Technology Research

Innovations and Growth Opportunities in Advanced Medical Devices, Implantable and Diagnostic Solutions

The latest issue of Advanced MedTech Technology Opportunity Engine (TOE) spotlights a diverse slate of innovations across advanced medical devices, diagnostic solutions, and implantable.The issue features advanced medical devices such as single-breath-hold radiotherapy system, transcatheter system f...

16 Oct 2026   |   Global   |   Market Research

Public Sector Healthcare Cloud Market, North America and Europe, 2026

Public healthcare organizations across North America and Europe are using cloud technologies to support modernization efforts that extend beyond infrastructure replacement. Cloud is increasingly being adopted to improve interoperability, enable secure data sharing, support analytics and AI initiativ...

16 Oct 2026   |   Global   |   Technology Research

Innovations and Growth Opportunities in Precision Therapeutics, AI-Enabled Discovery and Bioengineering, Regenerative Medicine, and Next-Generation Vaccine Platforms

This edition of the Life Science, Health & Wellness Technology Opportunity Engine (TOE) provides a comprehensive overview of breakthrough innovations transforming precision therapeutics, regenerative medicine, AI-enabled discovery, laboratory automation, targeted delivery, vaccines, and biomanufactu...

 

Purchase includes:
  • Report download
  • Growth Dialog™ with our experts

Growth Dialog™

A tailored session with you where we identify the:
  • Strategic Imperatives
  • Growth Opportunities
  • Best Practices
  • Companies to Action

Impacting your company's future growth potential.