Irradiation Sterilization Services Market Scope
Irradiation sterilization means ionizing radiation to destroy bacteria or insects that can hide in meat, grains, and other foods. It is widely used for sterilizing medical devices, food products, cosmetics, and packaging. However, gamma irradiation is highly utilized for sterilization as it can effectively kill microorganisms throughout the product and its packaging with very little temperature effect and no residues.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Steris Corporation (United States), Sterigenics (United States), Scapa Healthcare (United States), Röchling (Germany), Nordion, Inc. (Canada), QTS Medical Device Outsourcing (United States) and Steri-Tek (United States) |
CAGR | % |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United Kingdom Players will contribute to the maximum growth of Europe Irradiation Sterilization Services market throughout the predicted period.
Steris Corporation (United States), Sterigenics (United States), Scapa Healthcare (United States), Röchling (Germany), Nordion, Inc. (Canada), QTS Medical Device Outsourcing (United States) and Steri-Tek (United States) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Europe Irradiation Sterilization Services market by Type and Region with country level break-up.
On the basis of geography, the market of Irradiation Sterilization Services has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In April 2024,CDRH is announcing a Radiation Sterilization Master File Pilot Program to help companies advance alternative and innovative ways to sterilize approved medical devices, including changing radiation sources, in a least burdensome regulatory approach. The pilot program is voluntary and intends to allow companies that sterilize single-use PMA-approved medical devices using gamma radiation or ethylene oxide (EtO) to submit master files when making certain changes
In March 2021, Sterigenics, a global leader in comprehensive sterilization services announced the expansion of its ethylene oxide (EO) facility located in Rantigny, France to increase European sterilization capacity. The expansion will help company to increase the Rantigny facility’s total sterilization throughput and diversifies its capabilities with the addition of a 32-pallet chamber.
Influencing Trend:
Development of New Technologies and High Adoption of Gamma and Electron Beam Irradiation Facilities
Market Growth Drivers:
Increasing Demand of Irradiation Sterilization to Destroy Microorganisms from Food Products and Medical Devices
Challenges:
Sometimes It May Not Kill All Bacteria on an Object
Restraints:
Irradiation of Food Can Cause Health Problems like Cancer and Birth Defects Due to Volatile Toxic Chemicals
Opportunities:
Increased Adoption of On-site Sterilization Services by Various Industries
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Irradiation Sterilization Service Providers, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-User Industries and Others