Medical device sterilization is crucial for ensuring the safety and efficacy of surgical instruments and equipment used in healthcare settings. This market plays a vital role in preventing the transmission of infections during medical procedures. Various sterilization methods such as steam, ethylene oxide gas, and radiation are employed depending on the type of device and its material composition. Hospitals, clinics, and surgical centers rely on these processes to eliminate all microorganisms, including bacteria and viruses, from medical devices. Ultimately, medical device sterilization is integral to maintaining the quality of healthcare delivery and safeguarding patient well-being.
The Global Medical Device Sterilization Market valued at USD 10,860.30 million in 2022, is projected to reach USD 16,928.62 million by 2030, and will grow at a CAGR of 7.68% during the forecast period of 2023-2030.
Below are the Top Medical Device Sterilization Companies with a Significant Market Share:
Rank
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Company
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Overview
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Product Portfolio
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Sales Geographical Coverage
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Developments
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1.
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STERIS
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As a leading provider of sterilization solutions, STERIS offers a comprehensive range of products and services, including steam sterilizers, low-temperature sterilization systems, and sterilization monitoring solutions. They cater to various healthcare facilities globally, ensuring the safety and efficacy of medical devices used in surgeries and other procedures.
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Europe, Middle East and Africa, North America, South America and Asia-Pacific
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In January 2021, STERIS announced that it had completed the acquisition of Cantel Medical. Through this acquisition, STERIS complements and extends its product and service offerings, global reach, and customers. This acquisition has increased the sales and demands of the product and boosted its growth.
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2.
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3m
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Known for its innovative solutions, 3M provides a wide array of sterilization products, including sterilization wraps, indicators, and biological indicators. Their products are designed to meet stringent sterilization standards and ensure the effective sterilization of medical devices across diverse healthcare settings.
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Europe, Middle East and Africa, Americas and Asia-Pacific
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In February 2021, 3M launched the 3M Clean & Protect Certified Badge Program. It is a new comprehensive system for cleaning, monitoring, and protecting facilities. This strategy is anticipated to strengthen the company's footprints in the market and accelerate its growth trajectory, particularly in the long term.
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3.
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Merck KGaA
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Merck KGaA provides sterilization solutions through its Life Science division, offering a range of products and services for pharmaceutical and healthcare industries. Their offerings include sterilization filtration products and technologies aimed at ensuring the safety and sterility of medical devices and pharmaceutical products.
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Europe, Africa, South America, Americas, Oceania, and Asia-Pacific
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In May 2021, Merck KGaA announced personnel changes at the Merck Group level to push science & technology further based on strategic growth trajectory. This expansion increased the company’s credibility in the market, thereby increasing revenue generation.
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4.
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Getinge AB
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Getinge AB specializes in providing comprehensive sterilization solutions, including steam sterilizers, low-temperature sterilization systems, and sterilization monitoring products. They cater to healthcare facilities worldwide, addressing the need for reliable and efficient sterilization of medical devices to prevent infections and ensure patient safety.
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Europe, Middle East and Africa, South Americas, and Asia-Pacific
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In October 2020, Getinge AB announced the launch of cost-efficient sterilization with Getinge’s new steam sterilizer Solsus 66. The new sterilizer is easy to use and install and is energy efficient. This product launch has broadened the company's product portfolio and boosted market growth.
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5.
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Cardinal Health
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Cardinal Health offers a range of sterilization products and services aimed at ensuring the safety and effectiveness of medical devices. Their offerings include sterilization wrap, indicator tapes, and biological indicators, addressing the diverse sterilization needs of healthcare facilities and supporting infection control measures.
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Europe, Middle East and Africa, Americas and Asia-Pacific
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In November 2011, Cardinal Health announced the launch of its new DuraBlue sterilization wrap, a double-layer Spunbond/Meltblown/Spunbond (SMS) wrap that is the industry's only double-layer wrap with Food and Drug Administration clearance for use in the STERRAD 100S plasma sterilization system from Advanced Sterilization Products (ASP). This has expanded the company's product portfolio and increased revenue generation.
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Conclusion
In the dynamic landscape of the market, companies such as STERIS, 3M, Merck KGaA, Getinge AB, and Cardinal Health play pivotal roles in ensuring the safety and efficacy of healthcare delivery. Their innovative solutions and comprehensive product offerings cater to the diverse needs of healthcare facilities worldwide. As the demand for stringent sterilization standards continues to rise, these companies remain at the forefront, driving advancements and setting industry benchmarks. Through their commitment to quality and patient safety, they contribute significantly to maintaining the integrity of medical devices and safeguarding public health.