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Ionizing Radiation Sterilization Equipment Market Size

  • Report ID: GMI6127
  • Published Date: Jun 2023
  • Report Format: PDF

Ionizing Radiation Sterilization Equipment Market Size

Ionizing Radiation Sterilization Equipment Market size was valued at USD 4 billion in 2022 and is estimated to witness 12.1% CAGR from 2023 to 2032. Ionizing radiation sterilization equipment refers to specialized devices used to sterilize various products and materials using ionizing radiation. Ionizing radiation is a type of radiation that carries sufficient energy to remove tightly bound electrons from atoms, resulting in the formation of ions. This high-energy radiation is capable of destroying microorganisms, including bacteria, viruses, and fungi by damaging their genetic material or disrupting their cellular structure. The rising demand for healthcare products and increasing awareness of sterilization practices will generate favorable market growth opportunities.

 

Ongoing advancements in ionizing radiation sterilization technology such as improved dose control, automation, and real-time monitoring systems are projected to accelerate the market demand. These advancements enhance the efficiency, precision, and safety of the sterilization process, thereby stimulating customer preference among several industries that ultimately spike the ionizing radiation sterilization equipment industry revenue size.
 

Furthermore, continuous research and development activities focus on improving equipment capabilities, enhancing operational efficiency, and ensuring product safety, which will boost the product adoption rate. For instance, advancements in dose control systems enable precise and accurate radiation dosing and minimize the risk of under or over-sterilization. Further, real-time monitoring systems provide continuous feedback on the sterilization process, allowing for immediate adjustments. The above-mentioned advancements in sterilization equipment are estimated to strengthen overall ionizing radiation sterilization equipment market demand.

Authors: Mariam Faizullabhoy , Pratiksha Kamthe

Frequently Asked Questions (FAQ) :

The market size of ionizing radiation sterilization equipment was reached USD 4 billion in 2022 and will account for USD 12.2 billion by 2032, owing to rising demand for healthcare products and increasing awareness of sterilization practices.

The viral inactivation segment accounted for over 47% market share in the year 2022, attributable to the increasing demand for biopharmaceuticals, advancements in analytical techniques, and emerging viral threats.

U.S. market accounted for USD 1.6 billion in 2022, backed by the increasing geriatric population base that are highly prone to several infectious diseases.

Getinge AB, STERIS, Sotera Health, Bioster a.s., Röchling SE & Co. KG, Symec Engineers (India) Pvt. Ltd., BGS Beta-Gamma-Service GmbH & Co. KG, IBA Worldwide, E-BEAM Services, Inc., Belimed AG, Atec Pharmatechnik GmbH, Noxilizer, Inc. and Tuttaner.

Ionizing Radiation Sterilization Equipment Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 13
  • Tables & Figures: 367
  • Countries covered: 30
  • Pages: 270
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