Australia Terminal Sterilization Services Market Size & Outlook
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Australia terminal sterilization services market highlights
- The Australia terminal sterilization services market generated a revenue of USD 176.7 million in 2024 and is expected to reach USD 344.5 million by 2033.
- The Australia market is expected to grow at a CAGR of 7.6% from 2025 to 2033.
- In terms of segment, equipment was the largest revenue generating product in 2024.
- Connectivity Solutions and Software is the most lucrative product segment registering the fastest growth during the forecast period.
Terminal sterilization services market data book summary
| Market revenue in 2024 | USD 176.7 million |
| Market revenue in 2033 | USD 344.5 million |
| Growth rate | 7.6% (CAGR from 2025 to 2033) |
| Largest segment | Equipment |
| Fastest growing segment | Connectivity Solutions and Software |
| Historical data | 2021 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Equipment, Consumables, Service & Maintenance, Connectivity Solutions and Software |
| Key market players worldwide | Steris PLC, 3M Co, Getinge AB Class B, Fortive Corp, Belimed Inc., Sotera Health Co Ordinary Shares, Olympus Corp, Andersen Sterilizers, Steelco Group |
Other key industry trends
- In terms of revenue, Australia accounted for 1.3% of the global terminal sterilization services market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, China terminal sterilization services market is projected to lead the regional market in terms of revenue in 2033.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,873.2 million by 2033.
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Terminal Sterilization Services Market Scope
Terminal Sterilization Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Steelco Group | View profile | 501-1000 | Riese, Veneto, Italy, Europe | https://www.steelcogroup.com |
| Belimed Inc. | View profile | 1001-5000 | North Charleston, South Carolina, United States, North America | http://belimed.com |
| Andersen Sterilizers | View profile | 51-100 | Clacton-on-sea, Essex, United Kingdom, Europe | https://sterility.com |
| Getinge AB Class B | View profile | 11862 | Lindholmspiren 7A, P.O. Box 8861, Gothenburg, Sweden, SE-417 56 | https://www.getinge.com |
| Olympus Corp | View profile | 33629 | Shinjuku Monolith, 2-3-1 Nishi-Shinjuku, Shinjuku-ku, Tokyo, Japan, 163-0914 | http://www.olympus.co.jp |
| 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 |
| 3M Co | View profile | 85000 | 3M Center, St. Paul, MN, United States, 55144 | https://www.3m.com |
| Steris PLC | View profile | 17100 | 5960 Heisley Road, Mentor, OH, United States, 44060 | https://www.steris-ir.com |
Australia terminal 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 terminal sterilization services market will help companies and investors design strategic landscapes.
Equipment was the largest segment with a revenue share of 42.22% in 2024. Horizon Databook has segmented the Australia terminal sterilization services market based on equipment, consumables, service & maintenance, connectivity solutions and software covering the revenue growth of each sub-segment from 2021 to 2033.
Stringent government regulations pertaining to sterilization of medical devices, products, and equipment and guidelines issued by Australian Commission on Safety & Quality in Health Care on HAIs are expected to drive the market in the near future.
Furthermore, increase in government funding to hospitals and rise in the number of hospitals are among factors expected to boost the demand for terminal sterilization services in the country.
As per Australian Medical Association report 2019, in 2017-2018, there were around 8,017,492 people admitted to public hospital emergency departments in Australia. As per the same source, the number of emergency admissions increased 2.7 per year on average over the 4 years, from 2013-2014 to 2017-2018.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia terminal sterilization services market, including forecasts for subscribers. This country databook contains high-level insights into Australia terminal sterilization services market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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Australia Product - Terminal Sterilization Services Market, 2024 - 2033 (US$M)
Australia Terminal Sterilization Services Market Share, 2024 & 2033 (US$M)
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