Market growth is largely driven by the rising incidence of hospital-acquired infections and the increasing number of surgical procedures. Emerging markets in Asian countries are expected to offer strong growth opportunities for players in the market.
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Sterilization containers are rigid reusable systems used to store and protect surgical instruments post sterilization. A sterilization container also protects surgical instruments which are sensitive to fluctuations in temperature and moisture.
Based on the material, the sterilization container systems market is segmented into aluminum, stainless steel, and other materials. In 2020, the aluminum sterilization containers segment accounted the largest share of the sterilization container systems market. This segment is also expected to register the highest CAGR during the forecast period.
Based on type, sterilization container systems can be perforated and non-perforated. Perforated sterilization containers accounted for the largest share of the sterilization container systems market in 2020 and are also expected to grow at the highest CAGR. The large share of this segment can be attributed to the advantages offered by perforated containers, such as rapid sterilization (around half as much time as a non-perforated container).
North America was the largest regional market for sterilization containers systems market in 2020. The large share of the North American market can be attributed to the presence of the majority of market players in this region, high prevalence of HAIs, growing patient population, the implementation of favorable government initiatives, stringent regulations on sterilization and disinfection, and the presence of advanced healthcare infrastructure.
Key Market Players
The prominent players operating in this market include B. Braun Melsungen AG (Germany), Johnson & Johnson (US), Becton, Dickinson and Company (BD) (US), Integra LifeSciences Corporation (US), Medline Industries, Inc. (US), KLS Martin Group (US), Ritter GmbH (Germany), MELAG Medizintechnik GmbH & Co. KG (Germany), Hu-Friedy Mfg. Co., LLC (US), Case Medical (US), Summit Medical LLC. (US), GPC Medical Ltd. (India), AYGÜN Co., Inc. (Turkey), C.B.M. S.r.l. Medical Equipment (Italy), GPC Medical Ltd. (India), and EMED (Poland).
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The global sterilization container systems market is projected to reach USD 375 million by 2026 from USD 324 million in 2021, at a CAGR of 3.0% during the forecast period.
Becton, Dickinson And Company (BD) (US) is one of the leading player in the sterilization container systems market. With a wide distribution network across the globe and a strong product portfolio, it has established itself as one of the leading market players.