UK Sterilization Equipment Market Size & Outlook
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UK sterilization equipment market highlights
- The UK sterilization equipment market generated a revenue of USD 352.0 million in 2023 and is expected to reach USD 717.6 million by 2030.
- The UK market is expected to grow at a CAGR of 10.7% 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.
Sterilization equipment market data book summary
| 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 |
Other key industry trends
- In terms of revenue, UK accounted for 4.6% of the global sterilization equipment market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany sterilization equipment market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 717.6 million by 2030.
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Sterilization Equipment Market Scope
Sterilization Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| E-BEAM Services | View profile | 101-250 | Lebanon, Ohio, United States, North America | https://ebeamservices.com/ |
| Cantel Medical | View profile | 1001-5000 | Little Falls, New Jersey, United States, North America | http://www.cantelmedical.com |
| Fortive Corp | View profile | 18000 | 6920 Seaway Boulevard, Everett, WA, United States, 98203 | https://www.fortive.com |
| Sotera Health Co Ordinary Shares | View profile | 3000 | 9100 South Hills Boulevard, Suite 300, Broadview Heights, OH, United States, 44147 | https://investors.soterahealth.com |
| Steris PLC | View profile | 17100 | 5960 Heisley Road, Mentor, OH, United States, 44060 | https://www.steris-ir.com |
UK 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 32.5% 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.
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Target buyers of UK 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 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.
Partial client list
UK Heat Sterilizers - Sterilization Equipment Market, 2023 - 2030 (US$M)
UK Sterilization Equipment Market Outlook Share, 2023 & 2030 (US$M)
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