Hospital-Acquired Infections (HAIs) are nosocomial infections that occur during a patient’s stay at hospitals and related facilities and are not observed at the time of admission. Over the years, they have become a major cause of morbidity and mortality worldwide. The most common bacteria associated with HAIs include C. difficile, MRSA, Klebsiella, E. coli, Enterococcus, and Pseudomonas species.
Hospitalized patients with weakened immune systems face heightened susceptibility to these infections. Prolonged hospitalization exposes individuals to potential pathogens, while invasive medical procedures and devices pose additional infection risks. The emergence of antibiotic-resistant strains, often linked to overuse or misuse, further complicates treatment. In the context of sterilization services, ensuring the thorough sterilization of medical devices used in diagnostic and therapeutic procedures is crucial to mitigate the risk of HAIs. In addition, addressing inadequate hand hygiene among healthcare workers and environmental contamination is vital for preventing the transmission of infections within hospital settings.
The rising geriatric population and the increasing incidence of chronic diseases result in increased hospitalization rates, which, in turn, increases the occurrence of HAIs. This boosts the demand for sterilization services of medical instruments and other devices in the market, thus driving the market growth.
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Data Bridge Market Research analyzes that the Asia-Pacific Offsite Sterilization Service Market is expected to reach USD 642,873.82 thousand by 2031 from USD 361,172.73 thousand in 2023, growing at a CAGR of 7.6% in the forecast period of 2024 to 2031.
Key Findings of the Study
Increasing Technical Progress and Modernization in Medical Equipment
The rising awareness of the crucial need for robust infection prevention measures, coupled with advancements in medical equipment technology and an upsurge in chronic disease cases, has established a significant potential for the modernization of medical equipment. Within the context of the sterilization services market, the growing recognition of the importance of stringent infection control aligns with the demand for cutting-edge sterilization services. The sterilization services market is poised for growth as the medical field experiences increased technical progress and a push for modernization driven by the imperative to uphold the highest standards of cleanliness and safety in healthcare facilities.
Growing technical advancements are also beneficial for economic growth and in the healthcare sector and are primarily fruitful as they significantly affect the development of better and advanced sterilization techniques. Thus, the surge in technical progress and modernization in medical equipment is expected to provide greater opportunities for market growth.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2024 to 2031
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Base Year
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2023
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Historic Years
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2022 (Customizable to 2016-2021)
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Quantitative Units
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Revenue in USD Thousand
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Segments Covered
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Method (Ethylene Oxide Sterilization, Gamma Sterilization, Steam Sterilization, X-Ray Technology, Electron Beam Sterilization, Hydrogen Peroxide Sterilization, and Others), Service Type (Contract Based Service and Pay-Per-Use), Purchase Type (Group Purchase Organization and Individual), Industry Size (Large, Medium, and Small), End User (Hospitals, Specialty Clinics, Medical Device Companies, Pharmaceutical Companies, Ambulatory Centers, Food and Beverage Companies, Academic and Research Institutes, and Others)
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Countries Covered
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China, Japan, India, South Korea, Australia, South East Asia, and Rest of Asia-Pacific
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Market Players Covered
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STERIS. (U.S.), Steritech (Australia), STERILE SERVICES SINGAPORE (Singapore), Sina Sterilgamma Sdn. Bhd (Malaysia), Medivest Sdn Bhd. (Malaysia), Serial System Ltd. (Singapore), Agrosurg Irradiators (India) Pvt Ltd (India), Taisei Kako (Japan), Microtrol Sterilisation Services Pvt Ltd. (India), SHENZHEN KING MEDICAL PACKAGING STERILIZATION SERVICE CO., LTD. (China), China Biotech Corporation (Taiwan), Stevimed. (Vietnam), Mitsu Scientific (Malaysia), and cochinsterilisation (India) among others
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Data Points Covered in the Report
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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, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework
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Segment Analysis
The Asia-Pacific offsite sterilization service market is segmented into five notable segments based on method, service type, purchase type, industry size, and end user.
- On the basis of method, the market is segmented into ethylene oxide sterilization, gamma sterilization, steam sterilization, X-ray technology, electron beam sterilization, hydrogen peroxide sterilization, and others
In 2024, the ethylene oxide sterilization segment is expected to dominate the market
In 2024, the ethylene oxide sterilization segment is expected to dominate the market with a 33.95% market share due to increasing healthcare expenditure and an increase in demand for medical devices.
- On the basis of service type, the market is segmented into contract based service and pay-per-use
In 2024, the contract based service segment is expected to dominate the market
In 2024, the contract based service segment is expected to dominate the market with an 89.43% market share due to the rising number of surgical procedures in countries in the Asia-Pacific region.
- On the basis of purchase type, the market is segmented into group purchase organization and individual. In 2024, the group purchase organization segment is expected to dominate the market with 90.40% market share
- On the basis of industry size, the market is segmented into large, medium, and small. In 2024, the large segment is expected to dominate the market with a 79.36% market share
- On the basis of end user, the market is segmented into hospitals, specialty clinics, medical device companies, pharmaceutical companies, ambulatory centers, food and beverage companies, academic and research institutes, and others. In 2024, the hospitals segment is expected to dominate the market with a 41.68% market share
Major Players
Data Bridge Market Research analyzes STERIS. (U.S.), Steritech (Australia), STERILE SERVICES SINGAPORE (Singapore), Sina Sterilgamma Sdn. Bhd (Malaysia), and Medivest Sdn Bhd. (Malaysia) as the major market players operating in the Asia-Pacific offsite sterilization service market.
Market Developments
- In November 2023, GE HealthCare and Masimo announced a joint agreement to integrate Masimo’s Signal Extraction Technology (SET) pulse oximetry into GE HealthCare's portrait mobile wireless and wearable patient monitoring solution. Portrait mobile is built on the Internet of Medical Things (IoMT) platform, which uses the latest cloud technology to provide a complete experience for continuous wearable monitoring. With Masimo SET integration, clinicians can use Masimo's clinically proven Measure-through Motion and Low Perfusion measurement oxygen saturation (SpO2) technology to non-invasively detect changes in patient condition and continuously monitor. This agreement helped the company to expand its product portfolio in the patient care monitoring segment
- In June 2023, Teleflex Incorporated, a leading global provider of medical technologies announced that it has signed two group purchase agreements with Premier, Inc. The new contracts, which came into force on 1 July 2023 allow Premier members to take advantage of special rates and terms at their discretion. Premier also has a national contract with Teleflex for offsite sterilization service products and supplies, a national contract for central venous access, a sole source for central venous access for AscenDrive, and sole source for central venous access for SURPASS. This group purchase agreement includes access to Arrowg+ard Blue Plus CVC and Arrow ErgoPack Complete Systems. This purchase agreement helped the company increase its product revenue
- In January 2023, Baxter International Inc., a leading global medical technology company, announced a comprehensive strategic action plan to improve operational efficiency and long-term performance, accelerate innovation, and create value for all stakeholders. These changes include a plan to create the company and its renal care and acute therapies business units into an independent, publicly traded company, a simplified business and manufacturing footprint to improve business performance, and other portfolios to improve Baxter’s capital structure, including a review of strategic options for the BioPharma Solutions (BPS) business
- In November 2021, Masimo announced the launch of Dual SET Pulse Oximetry for a highly versatile patient monitoring and connectivity hub. The first application of Dual SET oximetry is an important step forward in Masimo SET-guided Critical Congenital Heart Disease (CCHD) screening with CE marking. This launch helped the company expand its oximeter portfolio
Regional Analysis
Geographically, the countries covered in the Asia-Pacific offsite sterilization service market report are China, Japan, India, South Korea, Australia, South East Asia, and rest of Asia-Pacific.
As per Data Bridge Market Research analysis
China is expected to dominate and is estimated to be the fastest-growing country in the Asia-Pacific offsite sterilization service market
China is expected to dominate and is estimated to be the fastest-growing country in the market due to the high prevalence of offsite sterilization services seen in the country and the rise in healthcare expenditure.
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