CHICAGO, June 24, 2021 /PRNewswire/ — According to the new market research report “Sterilization Services Market by Method (EtO, Gamma, Steam, X-ray), Type (Contract Sterilization, Validation Services), Mode of Delivery (Off-site, On-site), End User (Hospitals & Clinics, Pharmaceuticals), COVID-19 Impact – Global Forecast to 2026″, published by MarketsandMarkets™, the global market is projected to reach USD 5.5 billion by 2026 from an estimated USD 4.1 billion in 2021, at a CAGR of 6.0% during the forecast period.
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152 – Tables
42 – Figures
238 – Pages
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The End users like hospitals and medical device companies are increasingly adopting sterilization services throughout their production lines due to mandates introduced by governments and regulatory bodies in the healthcare industry to maintain compliance with Good Manufacturing Practices (GMP). The introduction of mandates by government and regulatory bodies in the healthcare industry is the primary reason for the market witnessing significant growth. The growth of the sterilization services market can largely be attributed to factors such as the high incidence of hospital-acquired infections; the increasing number of surgical procedures; the growing focus on food sterilization; and the increasing outsourcing of sterilization services among pharmaceutical companies,…