Market revenue in 2023 | USD 221.0 million |
Market revenue in 2030 | USD 446.2 million |
Growth rate | 10.6% (CAGR from 2023 to 2030) |
Largest segment | Low-temperature sterilizers |
Fastest growing segment | Low-temperature sterilizers |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 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 |
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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 33.17% in 2023. Horizon Databook has segmented the Italy 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.
The rising prevalence of chronic diseases, such as cardiovascular & urological disorders, and other diseases in Italy is expected to propel market growth over the forecast period. For instance, as per an Italian Institute of Statistics (ISTAT) report published in 2022, about 40% of Italians have at least one chronic disease and 20.9% live with two or more chronic conditions in 2018.
Furthermore, the growing number of surgeries being performed in Italy is expected to propel the market growth over the forecast period. For instance, as per OECD, around 524,492 surgeries were performed in Italy in 2021. Therefore, Italy sterilization equipment market is expected to witness considerable growth over the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the Italy sterilization equipment market , including forecasts for subscribers. This country databook contains high-level insights into Italy sterilization equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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