South Africa Terminal Sterilization Services Market Size & Outlook
South Africa terminal sterilization services market, 2018-2030 (US$M)
Related Markets
South Africa terminal sterilization services market highlights
- The South Africa terminal sterilization services market generated a revenue of USD 156.1 million in 2022 and is expected to reach USD 338.4 million by 2030.
- The South Africa market is expected to grow at a CAGR of 10.2% 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 156.1 million |
| Market revenue in 2030 | USD 338.4 million |
| Growth rate | 10.2% (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, South Africa accounted for 1.4% 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 Middle East & Africa, South Africa terminal sterilization services market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 195.4 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Terminal Sterilization Services Market Scope
Terminal Sterilization Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa 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 41.06% in 2022. Horizon Databook has segmented the South Africa 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.
According to a study published by FIND, a non-profit organization working to develop, evaluate, and deliver high-quality affordable diagnostics, diabetes (6%) and heart disease (5%) are the top causes of death in South Africa. According to UNICEF, in 2020, the national health budget increased by 5%.
Thus, rising prevalence of chronic diseases and increasing healthcare expenditure are among factors expected to boost the demand for terminal sterilization services in South Africa. However, smaller surgical workforce and less awareness regarding hygiene & cleanliness are restraining market growth.
Moreover, with outbreak of COVID-19, many elective surgeries were postponed, further shrinking the market growth. Moreover, unfavorable insurance policies and weak healthcare facilities are reasons for slow growth. However, with outbreak of COVID-19, South African government enhanced hygiene in healthcare facilities. This is expected to support market growth.
Reasons to subscribe to South Africa terminal sterilization services market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of South Africa terminal sterilization services market databook
-
Our clientele includes a mix of terminal sterilization services market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 South Africa terminal sterilization services market, including forecasts for subscribers. This country databook contains high-level insights into South Africa terminal sterilization services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Africa terminal sterilization service market size, by product, 2018-2030 (US$M)
South Africa Terminal Sterilization Services Market Share, 2022 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
