Medical Device Sterilization and Microbiology Testing Service Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: STERIS plc, Pacific BioLabs, Merck & Co., Inc., SGS SA

Registering a CAGR of 9.8% over the forecast period, the market value of Medical Device Sterilization and Microbiology Testing Service is expected to reach US$ 7,665.99 million in the year 2027.

Medical Device Sterilization and Microbiology Testing Service Market Overview

To prevent disease transmission associated with the use of an item, sterilization kills all microorganisms on the surface of an article or in a fluid. Using poorly sanitized vital objects, on the other hand, suggests a high risk of disease transmission. This is most likely owing to the wide margin of safety associated with sterilization techniques employed in hospitals. Steam sterilization, flash sterilization, low-temperature sterilization technologies, ethylene oxide "gas" sterilization, hydrogen peroxide gas plasma sterilization, and peracetic acid sterilization are all common types of sterilizers used in healthcare facilities. Clinical microbiology market growth is expected to be driven by the rising incidence of infectious diseases, increasing pandemic and epidemic outbreaks, technological advancements, and increased funding and public-private investments for drug discovery.

The report aspects discussed the profile of the top manufacturers of the global Medical Device Sterilization and Microbiology Testing Service market. These aspects include financial status of major companies, trending advancements and entire market scenario. Growth of the report have examined Medical Device Sterilization and Microbiology Testing Service Market production, demand and growth potential, geographic analysis, as well as current market developments in various regions and countries.

Industry News and Updates:

STERIS Announces Definitive Agreement to Acquire Cantel Medical

Jan. 12, 2021-- STERIS plc (NYSE: STE) (“STERIS” or the “Company”) and Cantel Medical Corp (NYSE:CMD) (“Cantel”) today announced that STERIS has signed a definitive agreement to acquire Cantel, through a U.S. subsidiary.  Cantel is a global provider of infection prevention products and services primarily to endoscopy and dental Customers.

What are the major Applications, Types and Regions for Medical Device Sterilization and Microbiology Testing Service Market?

The market is segmented based on the type, applications, companies, and regions.

By Type, it is segmented into

• Microbial Limit Test


• Bacterial Endotoxin Test


• Bioburden Test


• Sterility Test


• Others

By Application, it is segmented into

• Pharmaceutical and Medical Device Companies


• Hospital


• Laboratory


• Others

Medical Device Sterilization and Microbiology Testing Service Market Regional Analysis

The Chinese medical device industry is expected to reach RMB 800 billion in 2020, accounting for about 20% of the worldwide medical device market, up from RMB 308 billion in 2015. From 2015 to 2019, Chinese medical device exports increased at a rate of about 10% per year, exceeding global growth. As a result, China is fast becoming a market that international companies cannot afford to overlook. It does, however, have its own regulatory and competitive framework, as do other nations. Device manufacturers must think about how to best position themselves in the market.

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The Medical Device Sterilization and Microbiology Testing Service Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Medical Device Sterilization and Microbiology Testing Service Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Medical Device Sterilization and Microbiology Testing Service Market report scope?

Key Takeaways from this Medical Device Sterilization and Microbiology Testing Service Report

• Evaluate Medical Device Sterilization and Microbiology Testing Service market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.


• Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Medical Device Sterilization and Microbiology Testing Service market entropy - M&A's, deals, partnerships, product launches of all key players for the past 5 years.


• Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.

Frequently Asked Questions

At what CAGR is the market projected to grow during the forecast period (2022-2027)

The Medical Device Sterilization and Microbiology Testing Service Market is growing at a CAGR of 9.8% during the forecast period 2022-2027.

Who are the key players in Medical Device Sterilization and Microbiology Testing Service Market?

STERIS plc (NYSE:STE), Pacific BioLabs, Merck & Co., Inc. (NYSE:MRK), SGS SA (OTC:SGSOY), Mysterilab, Nova, Sartorius, PPD, STC, STEMart, Consumer Product Testing, Charles River Laboratories International, Inc. (NYSE:CRL), Eurofins Advinus, TÜV SÜD, NAMSA, Syneos Health, Inc. (NasdaqGS:SYNH), Parexel, ICON Public Limited Company (Nasdaq:ICLR), WuXi AppTec Co., Ltd. (OTC:WUXAY), Tigermed, Joinn Laboratories, Boji Medical, Fountain Medical (Tianjin), Pace Analytical Life Sciences, Nelson Labs (Sotera Health), Boston Analytical, KYMOS, Toxikon, Wickham Laboratories, Life Science Outsourcing

What regions does this Medical Device Sterilization and Microbiology Testing Service Market report covers?

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

What are the significant types of Medical Device Sterilization and Microbiology Testing Service Market?

Microbial Limit Test, Bacterial Endotoxin Test, Bioburden Test, Sterility Test, Others

What are the major end-use applications of Medical Device Sterilization and Microbiology Testing Service Market?

Pharmaceutical and Medical Device Companies, Hospital, Laboratory, Others

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