The global terminal sterilization services market is anticipated to grow at a CAGR of around 6.1% during the forecast period (2021-2027). The global terminal sterilization services market is majorly driven by the major players operating in the global market and strategies such as mergers and acquisition, new product launches, partnership collaborations, and business expansions, by them. For instance, in January 2021, STERIS PLC has signed a definitive agreement to acquire Cantel Medical Corp, through a U.S. subsidiary for $3.6 billion. Cantel is a global provider of infection prevention products and services primarily to endoscopy and dental Customers. Through this acquisition, STERIS PLC has expanded its vast portfolio of sterilization services. Further, in August 2020, Sotera Health’s Inc. acquired Canadian-based Iotron Industries. The acquisition expands the company’s electron beam (EBeam) footprint and adds new expertise to its Sterigenics business.
Browse the full report description of "Global Terminal Sterilization Services Market Size, Share & Trends Analysis Report By Method (Ethylene Oxide (ETO) Sterilization, Gamma Sterilization, Steam Sterilization, Electron Beam Radiation Sterilization, X-ray) By Type (Contract Sterilization Services, and Sterilization Validation Services) By End-User (Hospitals & Clinics, Pharmaceutical & Biotechnology Industry, and Medical Device Companies) Forecast 2021-2027" at https://www.omrglobal.com/industry-reports/terminal-sterilization-services-market
Moreover, in March 2021, Sterigenics S.A.S., a subsidiary of Sotera Health Co., expanded its ethylene oxide (EO) facility located in Rantigny, France to increase European sterilization capacity. With this expansion, the company increases its Rantigny facility’s total sterilization throughput and diversifies its capabilities with the addition of a 32-pallet chamber. Hence, considering these aforementioned strategies adopted by key players operating in the market, considerable growth can be expected during the forecast period.
Market Coverage
o By Method
o By Type
o By End-User
o North America
o Europe
o Asia-Pacific
o Rest of the World
Key questions addressed by the report
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
Global Terminal Sterilization Services Market Report Segment
By Method
By Type
By End-User
Global Terminal Sterilization Services Market Report by Region
North America
Europe
Asia-Pacific
Rest of the World
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