Europe Sterilization Equipment Market Size & Outlook
Europe sterilization equipment market, 2018-2030 (US$M)
Related Markets
Europe sterilization equipment market highlights
- The Europe sterilization equipment market generated a revenue of USD 1,766.4 million in 2023.
- The market is expected to grow at a CAGR of 10.5% from 2024 to 2030.
- In terms of segment, low-temperature sterilizers was the largest revenue generating product in 2023.
- Low-temperature sterilizers is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 1,766.4 million |
| Market revenue in 2030 | USD 3,547.3 million |
| Growth rate | 10.5% (CAGR from 2023 to 2030) |
| Largest segment | Low-temperature sterilizers |
| Fastest growing segment | Low-temperature sterilizers |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Heat sterilizers, Low-temperature sterilizers, Sterile membrane filters, Radiation Sterilization Devices |
| Key market players worldwide | Steris PLC, Sotera Health Co Ordinary Shares, Cantel Medical, Fortive Corp, E-BEAM Services |
Other key industry trends
- In terms of revenue, Europe region accounted for 23.0% of the global sterilization equipment market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,152.7 million by 2030.
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Sterilization Equipment Market Scope
Sterilization Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe sterilization equipment 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 sterilization equipment market will help companies and investors design strategic landscapes.
Low-temperature sterilizers was the largest segment with a revenue share of 32.8% in 2023. Horizon Databook has segmented the Europe sterilization equipment market based on heat sterilizers, low-temperature sterilizers, sterile membrane filters, radiation sterilization devices covering the revenue growth of each sub-segment from 2018 to 2030.
Growing number of surgeries and increasing incidence of HAIs are among the factors expected to fuel market growth over the forecast period. Major market players are undertaking various initiatives related to sterilization equipment for medical devices, which is expected to boost the market growth.
In addition, advances in sterilization technologies, such as low-temperature sterilization methods and automation features, contribute to increased adoption. These factors are expected to drive market growth.
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Target buyers of Europe sterilization equipment market databook
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Our clientele includes a mix of sterilization equipment market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe sterilization equipment market , including forecasts for subscribers. This continent databook contains high-level insights into Europe sterilization equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe sterilization equipment market size, by country, 2018-2030 (US$M)
Europe Sterilization Equipment Market Outlook Share, 2023 & 2030 (US$M)
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