Market revenue in 2023 | USD 352.0 million |
Market revenue in 2030 | USD 717.6 million |
Growth rate | 10.7% (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 32.5% in 2023. Horizon Databook has segmented the UK 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 increasing incidence of HAIs and the growing prevalence of chronic diseases are among the factors expected to positively impact the market over the forecast period. For instance, according to the National Institute for Health and Care Excellence (NICE) in January 2021, around 300,000 patients in England suffered from HAIs every year.
Moreover, increase in the prevalence of chronic diseases is positively influencing market growth. For instance, according to the European Commission, cardiovascular disease is the biggest cause of death in the UK. Moreover, the mortality rate due to Alzheimer’s disease & stroke is increasing.
Thus, many people are opting for invasive surgery, which is indirectly contributing to growth of sterilization equipment market.
Horizon Databook provides a detailed overview of country-level data and insights on the UK sterilization equipment market , including forecasts for subscribers. This country databook contains high-level insights into UK sterilization equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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