North America Terminal Sterilization Services Market Size & Outlook
North America terminal sterilization services market, 2018-2030 (US$M)
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North America terminal sterilization services market highlights
- The North America terminal sterilization services market generated a revenue of USD 3,861.7 million in 2022.
- The market is expected to grow at a CAGR of 10.5% 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.
- Country-wise, U.S. is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 3,861.7 million |
| Market revenue in 2030 | USD 8,579.7 million |
| Growth rate | 10.5% (CAGR from 2022 to 2030) |
| Largest segment | Ethylene oxide |
| Fastest growing segment | Irradiation |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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, North America region accounted for 35.5% of the global terminal sterilization services market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 4,929.8 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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North America 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 41.04% in 2022. Horizon Databook has segmented the North America 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.
Increasing number of surgeries being performed in North America and growing number of workers in healthcare sector are among key factors expected to drive the demand for terminal sterilization services in North America. Terminal sterilization is essential for surgical procedures and in research, as it can help reduce the risk of contamination & transmission of infections from one patient to another.
In addition, increasing cases of Healthcare-Associated Infections (HAIs) is expected to boost the demand for terminal sterilization services, as doctors are increasingly recommending usage of terminal sterilization equipment. These factors are expected to propel market growth over the forecast period.
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Our clientele includes a mix of terminal sterilization services market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America terminal sterilization services market, including forecasts for subscribers. This continent databook contains high-level insights into North America terminal sterilization services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America terminal sterilization service market size, by country, 2018-2030 (US$M)
North America Terminal Sterilization Services Market Share, 2022 & 2030 (US$M)
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