Sterilization describes a process that destroys or eliminates all forms of microbial life and is carried out in healthcare facilities by physical or chemical methods. Sterilization services are essential to ensure that medical and surgical instruments do not transmit infectious pathogens to patients. Thus, there is an increase in demand for these services worldwide.
Market Dynamics:
Increase in prevalence of chronic diseases, rise in burden of hospital acquired infections, increase in demand for sterilization agents and equipment, outbreak of COVID-19, and increase in number of surgical procedures worldwide are major factors expected to augment the growth of the global sterilization services market during the forecast period.
For instance, in May 2022, Sterigenics expanded its electron beam facility located in Indiana (US). The Sterigenics Columbia City plant offers crucial E-beam sterilization services to assist safeguard the security of pharmaceutical and medical devices utilized in the world's healthcare sector.
Key features of the study:
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