Global Medical Device Sterilization Market to 2032
Overview
The Global Medical Device Sterilization Market is expected to reach a 10.11 USD Billion by 2032 and is projected to grow at a CAGR of 7.16% from 2025 to 2032.
Revenue, 2024 (USD Billion)
5.50
Forecast, 2032 (USD Billion)
10.11
CAGR, 2024 - 2032
7.16%
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): 10.11 USD Billion
- CAGR (2025-2032): 7.16%
Key Findings of Global Medical Device Sterilization Market
- The Global Medical Device Sterilization Market was valued at 10.11 USD Billion in 2024.
- The Global Medical Device Sterilization Market is likely to grow at a CAGR of 7.16% 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 7.70% 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 | 10.11 USD Billion |
| CAGR (2025-2032) | 7.16% |
| 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 7.28 % 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 7.35 % 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 7.70 % 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 7.35 % 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
Industry Related Reports
Frequently Asked Questions
The Global Medical Device Sterilization Market is segmented based on Segmentation Product,Technology,End User,Distribution Channel.
Global Medical Device Sterilization Market was valued at USD 5.50(Revenue in USD Billion) in 2021.
Global Medical Device Sterilization Market is projected to grow at a CAGR of 7.16% during the forecast period of 2024 to 2032.
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
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
Frequently Asked Questions
The Global Medical Device Sterilization Market is segmented based on Segmentation Product,Technology,End User,Distribution Channel.
Global Medical Device Sterilization Market was valued at USD 5.50(Revenue in USD Billion) in 2021.
Global Medical Device Sterilization Market is projected to grow at a CAGR of 7.16% during the forecast period of 2024 to 2032.
The estimated market value of the Global Medical Device Sterilization Market for final year is USD 10.11 (USD Billion).
Global Medical Device Sterilization Market Company Profiling
Frequently Asked Questions
The Global Medical Device Sterilization Market is segmented based on Segmentation Product,Technology,End User,Distribution Channel.
Global Medical Device Sterilization Market was valued at USD 5.50(Revenue in USD Billion) in 2021.
Global Medical Device Sterilization Market is projected to grow at a CAGR of 7.16% during the forecast period of 2024 to 2032.
The estimated market value of the Global Medical Device Sterilization Market for final year is USD 10.11 (USD Billion).
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