Sterilization is a process that helps in the elimination, removal, or deactivation of all life forms other biological agents that may be present in food, the surface of an article or in a fluid, etc. Sterilization is performed through various methods such as heat, chemicals, irradiation, high pressure, and filtration. Usually, a third party provides contract-based sterilization service to multiple industries such as hospitals, food, and beverage industry pharmaceutical companies, consumer, and industrial communities.
Sotera Health Company, STERIS plc., E-BEAM Services Inc. – Notable Market Players in Sterilization Services Market
Market leaders operating in the market have undertaken various organic as well as inorganic growth strategies in the Sterilization services market. The market consists of major players such as BGS Beta-Gamma-Service GmbH & Co. KG, Cosmed Group, E-BEAM Services Inc, Life Science Outsourcing Inc., MEDISTRI SA, Midwest Sterilization Corporation, Sotera Health Company, Microtrol Sterilisation Services Pvt Ltd., STERIS plc., and Scapa. The companies have been implementing various strategies that have helped the growth of the company, which, in turn have brought about various changes in the market. The companies have utilized organic as well as inorganic strategies such as new product launches, expansion, product approvals & collaboration, partnerships, and merger and acquisition.
Below is the list of the growth strategies done by the players operating in the Sterilization services market:
| Month & Year | News |
| Mar-2021 | Sterigenics S.A.S., a subsidiary of Sotera Health and a global provider of comprehensive sterilization services, announced the expansion of its ethylene oxide (EO) facility located in Rantigny, France to increase European sterilization capacity. The expansion will increase the Rantigny facility’s total sterilization throughput and will diversify its capabilities with the addition of a 32-pallet chamber. |
| Jun-2021 | Steris Plc. acquired Cantel Medical, a global provider of infection prevention products and services to endoscopy, dental, dialysis and life sciences customers. The acquisition will leverage the expertise of the company to provide a more extensive and innovative suite of product offerings to the customers around the world |
| Aug-2020 | Sterigenics acquired Lotron Industries, a Canada-based company that offers electron beam processing services and equipment. The acquisition is expected to expand the company’s electron beam (EBeam) footprint and add new expertise to its business. |
