Italy Terminal Sterilization Services Market Size & Outlook
Italy terminal sterilization services market, 2018-2030 (US$M)
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Italy terminal sterilization services market highlights
- The Italy terminal sterilization services market generated a revenue of USD 139.9 million in 2022 and is expected to reach USD 329.1 million by 2030.
- The Italy market is expected to grow at a CAGR of 11.3% from 2023 to 2030.
- In terms of segment, ethylene oxide was the largest revenue generating product in 2022.
- Irradiation is the most lucrative product segment registering the fastest growth during the forecast period.
Terminal sterilization services market data book summary
| Market revenue in 2022 | USD 139.9 million |
| Market revenue in 2030 | USD 329.1 million |
| Growth rate | 11.3% (CAGR from 2022 to 2030) |
| Largest segment | Ethylene oxide |
| Fastest growing segment | Irradiation |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ethylene Oxide, Irradiation, Moist Heat Terminal Sterilization, Other Products |
| 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, Italy accounted for 1.3% of the global terminal sterilization services market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany terminal sterilization services market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 636.8 million by 2030.
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Terminal Sterilization Services Market Scope
Terminal Sterilization Services Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy 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.
Ethylene oxide was the largest segment with a revenue share of 41.03% in 2022. Horizon Databook has segmented the Italy terminal sterilization services market based on ethylene oxide, irradiation, moist heat terminal sterilization, other products covering the revenue growth of each sub-segment from 2018 to 2030.
Italy terminal sterilization services market is anticipated to witness considerable growth over the forecast period, owing to high prevalence of HAIs in the country. According to a report published by OECD in 2018, more than 8% of patients in Italy suffered from HAIs during their hospital stay in 2016 2017.
Terminal sterilization services are an essential requirement in hospitals and clinics to prevent these infections, thus, increasing incidence of HAIs is anticipated to boost market demand. Furthermore, 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 5,78,884 cataract surgeries per were performed in Italy in 2019. Therefore, France terminal sterilization services market is expected to witness considerable growth over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy terminal sterilization services market, including forecasts for subscribers. This country databook contains high-level insights into Italy terminal sterilization services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy terminal sterilization service market size, by product, 2018-2030 (US$M)
Italy Terminal Sterilization Services Market Share, 2022 & 2030 (US$M)
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