Global Medical Device Sterilization Market to 2032

Overview

The Global Medical Device Sterilization Market is expected to reach a 10.53 USD Billion by 2032 and is projected to grow at a CAGR of 12.13% from 2025 to 2032.

Revenue, 2024 (USD Billion)

5.50

Forecast, 2032 (USD Billion)

10.53

CAGR, 2024 - 2032

12.13%

Report Coverage

Global

Global Medical Device Sterilization Market 2018-2032 USD Billion

Global Medical Device Sterilization Market, Key Findings (2025-2032)

Market Growth and Projections:

Market Size (2024): 5.50 USD Billion
Projected Market Size (2032): 10.53 USD Billion
CAGR (2025-2032): 12.13%

Key Findings of Global Medical Device Sterilization Market

The Global Medical Device Sterilization Market was valued at 5.50 USD Billion in 2024.
The Global Medical Device Sterilization Market is likely to grow at a CAGR of 12.13% during the forecast period of 2024 to 2032.
In 2024, the Largest segment Thermal Sterilization in Technology Segment accounted for the largest share of the market with a revenue of 3.77 USD Billion
The fastest growing segment Hospitals in End User Segment grew Fastest with a CAGR of 13.09% during the forecast period from 2024 to 2032.

Global Medical Device Sterilization Market Scope

Global Medical Device Sterilization Market Segmentation & Scope

Product

Services
Reagents
Instruments

Technology

Filtration Sterilization
Ionizing Radiation Sterilization
Chemical & Gas Sterilization
Thermal Sterilization

End User

Pharmaceutical Companies
Academic And Research Institutes
Medical Device Manufacturers
Laboratories
Clinics
Hospitals

Distribution Channel

Third Party Distributors
Retail Sales
Direct Sales

Global Medical Device Sterilization Market Data Coverage Insights

Study Period	2024-2032
Base Year	2021
Unit	Revenue in USD Billion
Market Value in 2024	5.50 USD Billion
Market Value in 2032	10.53 USD Billion
CAGR (2025-2032)	12.13%
Historic Data	2016-2023
Market Segments Covered	Product,Technology,End User,Distribution Channel

Regional Insights:

Leading Market (2024-2032): Global, leading in terms of revenue 5.50 USD Billion in 2024
- Key Country: U.S., leading in terms of revenue with value of 1,553.98 USD Million in 2024.

Segments and Scope

Global Medical Device Sterilization Market to 2032, By Product
- Instruments is the largest segment in Global Medical Device Sterilization Market to 2032 with a revenue of 2.82 USD Billion in the year 2024.
- Instruments is the Fastest growing segment in Global Medical Device Sterilization Market to 2032 with a Growth rate of 12.35 % in forecast period 2025-2032.
Global Medical Device Sterilization Market to 2032, By Technology
- Thermal Sterilization is the largest segment in Global Medical Device Sterilization Market to 2032 with a revenue of 3.77 USD Billion in the year 2024.
- Thermal Sterilization is the Fastest growing segment in Global Medical Device Sterilization Market to 2032 with a Growth rate of 12.48 % in forecast period 2025-2032.
Global Medical Device Sterilization Market to 2032, By End User
- Hospitals is the largest segment in Global Medical Device Sterilization Market to 2032 with a revenue of 2.05 USD Billion in the year 2024.
- Hospitals is the Fastest growing segment in Global Medical Device Sterilization Market to 2032 with a Growth rate of 13.09 % in forecast period 2025-2032.
Global Medical Device Sterilization Market to 2032, By Distribution Channel
- Direct Sales is the largest segment in Global Medical Device Sterilization Market to 2032 with a revenue of 3.17 USD Billion in the year 2024.
- Direct Sales is the Fastest growing segment in Global Medical Device Sterilization Market to 2032 with a Growth rate of 12.48 % in forecast period 2025-2032.

Global Medical Device Sterilization Market Company Share Analysis

Company Name
Merck KGaA
STERIS
Belimed AG
Cardinal Health
3m

Global Medical Device Sterilization Market Geographical Sales Distribution, 2018-2032 USD Billion

Global Medical Device Sterilization Market Company Profiling

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Frequently Asked Questions

What are the primary segments covered in the Global Medical Device Sterilization Market?

The Global Medical Device Sterilization Market is segmented based on Segmentation Product,Technology,End User,Distribution Channel.

What is the current market size of the Global Medical Device Sterilization Market?

Global Medical Device Sterilization Market was valued at USD 5.50(Revenue in USD Billion) in 2021.

What is the expected growth rate of the Global Medical Device Sterilization Market?

Global Medical Device Sterilization Market is projected to grow at a CAGR of 12.13% during the forecast period of 2024 to 2032.

Which is the dominating segment in the Global Medical Device Sterilization Market?

The Thermal Sterilization segment is expected to dominate the Global Medical Device Sterilization Market, holding a largest market share of 3.77 USD Billion in 2024