Global Irradiation Sterilization Services Market Size & Outlook
Global irradiation sterilization services market, 2018-2030 (US$M)
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Global irradiation sterilization services market highlights
- The global irradiation sterilization services market generated a revenue of USD 2,279.5 million in 2023 and is expected to reach USD 4,594.3 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 10.5% by 2030.
- In terms of segment, medical instruments accounted for a revenue of USD 709.9 million in 2023.
- Medical Instruments is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Kuwait is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 2,279.5 million |
| Market revenue in 2030 | USD 4,594.3 million |
| Growth rate | 10.5% (CAGR from 2023 to 2030) |
| Largest segment | Medical instruments |
| Fastest growing segment | Medical Instruments |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Medical Instruments, Drug, Food & Laboratory, Others (Packaging materials, Horticultural supplies, Cosmetic) |
Other key industry trends
- In terms of revenue, the North America accounted for 41.3% of the global irradiation sterilization services market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Kuwait is the fastest growing regional market and is projected to reach USD 14.3 million by 2030.
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Irradiation Sterilization Services Market Scope
Irradiation Sterilization Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global irradiation sterilization services market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to irradiation sterilization services market will help companies and investors design strategic landscapes.
Medical instruments was the largest segment with a revenue share of 31.14% in 2023. Horizon Databook has segmented the Global irradiation sterilization services market based on medical instruments, drug, food & laboratory, others (packaging materials, horticultural supplies, cosmetic) covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Irradiation Sterilization Services Application Outlook (Revenue, USD Million, 2018-2030)
- Medical Instruments
- Drug
- Food & Laboratory
- Others (Packaging materials, Horticultural supplies, Cosmetic)
- Global Irradiation Sterilization Services Product Outlook (Revenue, USD Million, 2018-2030)
- Gamma Irradiation
- X-ray Irradiation
- E-beam Irradiation
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Horizon Databook provides a detailed overview of global-level data and insights on the Global irradiation sterilization services market, including forecasts for subscribers. This global databook contains high-level insights into Global irradiation sterilization services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global irradiation sterilization services market report size, by regions, 2018-2030 (US$M)
Top 10 countries: Irradiation sterilization services market report size, 2023 (US$M)
Global irradiation sterilization services market report share, by application, 2023 & 2030 (%, US$M)
Irradiation sterilization services market: Opportunity assessment by country
Global irradiation sterilization services market, by region, 2023 (US$M)
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