About E-beam Sterilization Services
Medical equipment and health supplements can be penetrated by the e-beam in their final shipping containers. The e-beam kills bacteria either directly by destroying a crucial molecule or indirectly through a chemical reaction. The employment of electrons in the sterilization of medical devices and medications is carefully controlled by advanced electronics. A stream of electrons is accelerated to near light speed, then passed through a scanning chamber and transitioned into an electron curtain.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | North America |
Unit | Value (USD Million) |
CAGR | 11.8% |
The demand for E-beam Sterilization from Food, Pharmaceutical, and Medical industries is Increasing with each passing day due to the constant threat of Covid19. The Companies in this industry are facing many challenges. Many worldwide and regional service providers participate in the sector and compete directly with industry leaders. It has been identified that market-leading players are investing heavily in technological development, resource utilization to boost the market position. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global E-beam Sterilization Services market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Röchling Group (Germany), Steris (United States), Sotera Health (United States), E-Beam Services (United States), Ionisos (France), Cardinal Health (United States), Iotron (Canada), Scapa Healthcare (United States), Eagle Medical (United States) and Steri-Tek (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Basic Systems (United States), Nutek Bravo (United States) and Mevex (Canada).
Segmentation Overview
AMA Research has segmented the market of Global E-beam Sterilization Services market by Type (Service and Equipment), Application (Single-Use Medical Devices, Contamination Control of Products and Modification of Materials) and Region.
On the basis of geography, the market of E-beam Sterilization Services has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, 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). If we see Market by End Users, the sub-segment i.e. Hospitals & Clinics will boost the E-beam Sterilization Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Density, the sub-segment i.e. Medium-Density Medical Devices will boost the E-beam Sterilization Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rapid Development of Medium-Voltage Electron Beam Technology
Market Growth Drivers:
Increasing Demand for E-beam Sterilization to Reduce Hospital & Clinics Acquired Virus and Growing Demand from Food Industry Due to Current Pandemic
Challenges:
E-beam Sterilization Includes Ethylene Oxide that Causes Cancer
Restraints:
Health-Related Concerns with Reprocessed Medical Devices
Opportunities:
Increase in Surgical Procedures During Covid19 and Growing Adoption of E-beam Sterilization by Pharmaceutical and Biotechnology Firms
Market Leaders and their expansionary development strategies
In August 2023, Orrick advised Ionisos in connection with the acquisition via a carve-out of an E-beam sterilization and crosslinking facility. The acquisition will increase Ionisos’ sterilization capacity, diversifies its technology mix and extend its geographic footprint in Europe.
In October 2023, E-BEAM Services Inc., a global leader in contract electron beam processing solutions, is excited to announce a significant expansion of its facility located in Lebanon, Ohio. The expansion adds an impressive 52,000 square feet (about half the area of a Manhattan city block) of cutting-edge technological infrastructure.
Key Target Audience
Venture and Capitalist, New Entrants/Investors, Analysts and Strategic Business Partners, Hospitals, Pharmaceutical Companies and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.