Press Release

Jun, 06 2024

Growing Prevalence of Healthcare-associated Infections is Driving the Global Medical Device Ethylene Oxide Sterilization Market

Medical device ethylene oxide sterilization refers to the process of using ethylene oxide gas to sterilize medical devices and equipment. This method is particularly suitable for items that are heat or moisture sensitive, such as plastic materials, electronic components, and certain types of packaging. Ethylene oxide effectively penetrates packaging and complex geometries, ensuring thorough disinfection without compromising the integrity of the sterilized items. This sterilization technique is widely used across various industries including healthcare, pharmaceuticals, and food production due to its versatility and effectiveness in eliminating microorganisms. It plays a critical role in ensuring the safety and efficacy of medical devices and equipment used in patient care, surgical procedures, and diagnostic applications.

Medical device ethylene oxide sterilization is a crucial process employed to ensure the safety and efficacy of a wide range of healthcare products. Ethylene oxide (EtO) is utilized due to its ability to penetrate packaging and reach intricate device geometries, effectively eliminating microorganisms while maintaining product integrity. This method is particularly suitable for heat-sensitive medical devices such as plastics, electronics, and other materials that cannot withstand high temperatures. Despite its effectiveness, EtO sterilization requires careful handling due to the gas's hazardous nature, necessitating strict regulatory compliance and safety protocols. However, advancements in technology and emission control measures are continuously improving the safety and efficiency of EtO sterilization processes, ensuring that medical devices meet rigorous quality standards before reaching patients.

Access Full Report @ https://www.databridgemarketresearch.com/reports/global-medical-device-ethylene-oxide-sterilization-market

Data Bridge Market Research analyzes that the Global Medical Device Ethylene Oxide Sterilization Market is expected to grow at a CAGR of 5.1% in the forecast period of 2024 to 2031 and is expected to reach USD 3.08 billion by 2031 from USD 2.11 billion in 2023. The service segment  is projected to propel the market growth due to qualities such as the saving of the time and the reduction burden on medical device manufacturers, hospitals, and healthcare facilities.

Key Findings of the Study

Medical Device Ethylene Oxide Sterilization Market

The Essential Role of Ethylene Oxide in Sterilization Process

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Year

2022 (Customizable to 2016–2021)

Quantitative Units

Revenue in USD Billion

Segments Covered

Type (Services, and Equipment), Material Sterilized (Polymers, Metals and Others), End User (Medical Device Manufacturers, Hospitals, Ambulatory Surgical Centers and Others)

Countries Covered

U.S., Canada, Mexico, Germany, U.K., France, Italy, Netherlands, Spain, Russia, Switzerland, Belgium, Turkey, rest of Europe, China, Japan, India, South Korea, Australia, Singapore, Thailand, Indonesia, Malaysia, Philippines, rest of Asia-Pacific, Brazil, Argentina, rest of South America, Saudi Arabia, U.A.E., Israel, South Africa, Egypt, and rest of Middle East and Africa

Market Players Covered

STERIS (U.S.), 3M (U.S), Azbil Telstar, SLU (Spain), Getinge AB (Sweden), Cosmed Group (U.S.), H.W.Andersen Products Ltd. (UK), Ionisos (France), Labtron Equipment Ltd. (UK), ETC (U.S.), Inox Torres Group S.L.(spain),  RSD ENGINEERING(Spain), Life Science Outsourcing, Inc. (U.S.), TEKNOMAR LTD. (Turkey), sterilization-baltics.com. (Baltics), DE LAMA S.P.A (Italy), Hubei CFULL Medical Technology Co., Ltd.(China), INSTECH SYSTEMS (India), ERNA Ltd. Co. (Turkey), Kaustubh Enterprise (India), Galbino Technology Inc. (Canada), SOLSTEO (Paris), Steridium (Australia), Sterility Equipment India Private Limited (India), HANGZHOU BOCON MECHANICAL AND ELECTRICAL EQUIPMENT CO., LTD. (China).

Data Points Covered in the Report

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand

Segment Analysis

Global medical device ethylene oxide sterilization market is segmented into three notable segments based on type, material sterilized and end user.

  • Based on type, the market is segmented into services and equipment

In 2024, the service segment of the type segment is expected to dominate the market

In 2024, the service segment is expected to dominate the market with a market share of 86.02% due to the rising emphasis on health and safety standards in various industries and sectors.

  • Based on material sterilized, the market is segmented into polymers, metals and others

In 2024, the polymer segment of the material sterilized segment is expected to dominate the market

In 2024, the polymer segment is expected to dominate the market with a market share of 71.46% due diverse applications ranging from automotive parts to medical devices.

  • Based on end user, the market is segmented into hospital, specialty clinic, ambulatory surgical centers and others. In 2024, the hospital segment is expected to dominate the market with a market share of 60.32%

Major Players

Data Bridge Market Research recognizes the following companies as the major Medical Device Ethylene Oxide Sterilization Market players in the market that include STERIS (U.S.), 3M (U.S), Azbil Telstar, SLU (Spain), Getinge AB (Sweden), Cosmed Group (U.S.), H.W.Andersen Products Ltd. (UK), Ionisos (France), Labtron Equipment Ltd. (UK), ETC (U.S.), Inox Torres Group S.L. (Spain),  RSD ENGINEERING (Spain), Life Science Outsourcing, Inc. (U.S.), TEKNOMAR LTD. (Turkey), sterilization-baltics.com. (Baltics), DE LAMA S.P.A (Italy), Hubei CFULL Medical Technology Co., Ltd. (China), INSTECH SYSTEMS (India), ERNA Ltd. Co. (Turkey), Kaustubh Enterprise (India), Galbino Technology Inc. (Canada), SOLSTEO (Paris), Steridium (Australia), Sterility Equipment India Private Limited (India), and HANGZHOU BOCON MECHANICAL AND ELECTRICAL EQUIPMENT CO., LTD. (China), among others.

Medical Device Ethylene Oxide Sterilization Market

Market Development

  • In January 2021, STERIS announced that it has completed the acquisition of Cantel Medical. Through this acquisition, STERIS complement and extend its product and service offerings, global reach and customers. This acquisition has increased the sales and demands of the product and boosted the growth.
  • In January 2021, STERIS announced that the company will be publicly webcasting presentations made by Walt Rosebrough, President and Chief Executive Officer at two investor conferences next week. The conference intended to discuss the financials and the product portfolio of the company. This has boosted the market growth and aids in revenue generation.
  • In February 2021, 3M has launched 3M Clean & Protect Certified Badge Program. It is a new comprehensive system for cleaning, monitoring and protecting facilities. This strategy anticipated to strengthen the company footprints in the market and accelerate its growth trajectory particularly in the long term.  
  • 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 product portfolio of the company and boosted the market growth.
  • In June 2019, Getinge AB introduced GSS610H is a steam sterilizer with great features but with a spacious chamber that comes in four different depths allowing large loads with ease. This has increased the sales and demand of the products of the company and boosted the market growth.

Regional Analysis

Geographically, the countries covered in the global medical device ethylene oxide sterilization market report are the U.S., Canada, Mexico, Germany, Italy, U.K., France, Switzerland, Spain, Russia, Turkey, Belgium, Netherlands, rest of Europe, China, India, South Korea, Japan, Thailand, Australia, Singapore, Indonesia, Malaysia, Philippines, rest of Asia-Pacific, Brazil, Argentina, rest of South America, Saudi Arabia, U.A.E., South Africa, Egypt, Israel and rest of Middle East and Africa.

As per Data Bridge Market Research analysis:

North America is the dominant and fastest growing region in the Global Medical Device Ethylene Oxide Sterilization Market

In 2024, North America is expected to dominate the market due to the higher level of investments by U.S. manufacturers and the well-established healthcare market. North America will continue to dominate the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period. This is due to the high adoption rate of sterilization technologies, including ethylene oxide, and other modes of sterilization.

For more detailed information about the global medical device ethylene oxide sterilization market report, click here – https://www.databridgemarketresearch.com/reports/global-medical-device-ethylene-oxide-sterilization-market


Client Testimonials