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Sterilization Services Market is Expected to Reach $5.9 Billion | MarketsandMarkets.

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Chicago, Aug. 02, 2023 (GLOBE NEWSWIRE) — In the near future, the sterilization services industry is poised for significant growth and transformation, driven by a growing emphasis on global health and safety standards. As the world becomes increasingly interconnected and aware of the importance of infection control, sterilization services will play a critical role in safeguarding public health across various sectors, including healthcare, food production, and manufacturing. Advanced technologies, such as innovative disinfection methods, robotics, and artificial intelligence, will revolutionize the industry, ensuring faster and more efficient sterilization processes. Moreover, the increasing adoption of single-use medical devices and the proliferation of pharmaceutical products will fuel demand for reliable and scalable sterilization solutions. In response, the industry will witness substantial investments in research and development, as well as collaborations between key stakeholders to enhance sterilization techniques and reduce environmental impacts. Overall, the sterilization services industry is set to thrive in the near future as a pivotal force in maintaining a safer and healthier world.

Sterilization Services market in terms of revenue was estimated to be worth $4.5 Billion in 2022 and is poised to reach $5.9 Billion by 2027, growing at a CAGR of 5.5% from 2022 to 2027 according to a latest report published by MarketsandMarkets™. Increased outsourcing of sterilization services among different end users, increased adoption of sterilization techniques by the food industry, increasing volume of surgical procedures performed, and growing prevalence of nosocomial infections are expected to drive the growth of sterilization services market.

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Sterilization Services Market Scope:

Report Coverage Details
Market Revenue in 2022 $4.5 Billion
Estimated Value by 2027 $5.9 Billion
Growth Rate Poised to grow at a CAGR of 5.5%
Market Size Available for 2018–2027
Forecast Period 2022–2027
Forecast Units Value (USD Billion)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered Method, Type, Mode of Delivery, End User
Geographies Covered North America, Europe, Asia Pacific, Latin America, the Middle East and Africa
Report Highlights Updated financial information / product portfolio of players
Key Market Opportunities Growing medical device and pharmaceutical companies in emerging economies
Key Market Drivers Growing prevalence of hospital acquired infections (HAIs)

Sterilization Services market major players covered in the report, such as:

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  • STERIS plc (US)
  • Sotera Health Company (US)
  • Stryker Corporation (US)
  • Advanced Sterilization Products (ASP, US)
  • E-BEAM Services Inc. (US)
  • MMM Group (Germany)
  • Belimed AG (Switzerland)
  • BGS Beta-Gamma-Service GmbH & Co. KG (Germany)
  • Medistri SA (Switzerland)
  • Noxilizer Inc. (US)
  • H.W.Andersen Products Ltd. (US)
  • Cosmed Group (US)
  • Cretex Companies Inc. (US)
  • Life Science Outsourcing Inc. (US)
  • MICROTROL Sterilisation Services Pvt. Ltd. (India)
  • Medline Industries Inc. (US)
  • Avantti Medi Clear (Mexico)
  • Steripure SAS (France)
  • Europlaz Technologies Limited (UK)
  • Centerpiece (US)
  • Midwest Sterilization Corporation (US)
  • Blue Line Sterilization Services LLC (US)
  • SteriPack Group (Ireland)
  • Steri-Tek (US)
  • Sterilization Services (US)
  • and Among Others

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The study categorizes the Sterilization Services Market based on method, type, mode of delivery, end user, and regional and global level.

Global Sterilization Services Market, by Method

  • X-ray Irradiation
  • EtO Sterilization               
  • Gamma Sterilization       
  • Other Methods
  • E-beam Sterilization
  • Steam Sterilization          

                                               
Global Sterilization Services Market, by Type

  • Sterilization Validation Services
  • Contract Sterilization Services

Global Sterilization Services Market, by Mode of Delivery

  • On-Site Sterilization Services
  • Off-Site Sterilization Services

Global Sterilization Services Market, by End User

  • Medical Device Companies
  • Hospitals & Clinics
  • Other End Users
  • Pharmaceutical & Biotechnology Companies

Global Sterilization Services Market, by Region

  • North America
  • Europe
    • UK
    • Germany
    • Italy
    • France
    • Switzerland
    • Rest of Europe
    • Spain
  • Asia Pacific
    • India
    • China
    • Southeast Asia
    • Rest of APAC
    • Japan
  • Latin America
    • Mexico
    • Rest of Latin America
    • Brazil
  • Middle East & Africa

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The key stakeholders in the Sterilization Services market include:

  • Healthcare Facilities: Hospitals, clinics, and healthcare centers are significant stakeholders as they heavily rely on sterilization services to ensure the safety and efficacy of medical equipment, instruments, and supplies, thus preventing healthcare-associated infections.
  • Pharmaceutical and Biotech Companies: These companies require reliable sterilization services to maintain the purity and sterility of pharmaceutical products, including drugs, vaccines, and medical devices.
  • Food and Beverage Industry: Food manufacturers, processors, and restaurants rely on sterilization services to eliminate harmful pathogens and bacteria, ensuring food safety and extending shelf life.
  • Medical Device Manufacturers: Sterilization services are critical for medical device manufacturers to meet regulatory requirements and ensure their products are safe and free from contaminants.
  • Contract Sterilization Service Providers: These companies specialize in offering sterilization services to various industries and play a vital role in meeting the sterilization needs of their clients.
  • Regulatory Authorities: Government and regulatory bodies set standards and guidelines for sterilization practices to ensure compliance and uphold public health and safety.
  • Research Institutions: Research facilities and laboratories require sterilization services to maintain a sterile environment for conducting experiments and handling sensitive materials.
  • Environmental Agencies: Stakeholders concerned with environmental impact and waste management are involved in monitoring and regulating sterilization practices to minimize their ecological footprint.
  • Patients and Consumers: The ultimate beneficiaries of sterilization services are patients and consumers who rely on safe and sterile medical products and food items.
  • Technology Providers: Companies that develop and supply sterilization equipment and technologies play a crucial role in advancing the industry’s capabilities and efficiency.

These stakeholders work together to ensure that sterilization services meet stringent quality and safety standards across various industries, promoting public health and safety.

Recent Developments:

  • In 2022, BGS Beta-Gamma-Service GmbH & Co. KG expanded its laboratory in Wiehl to meet the increased need for sterilization services in the sectors of biotechnology, medicine, and diagnostics for radiation cross-linking.
  • In 2022, Sterigenics expanded its electron beam facility located in Columbia city, Indiana. This facility provides mission-critical E-beam sterilization services to help ensure the safety of medical devices and drug products.
  • In 2021, STERIS acquired Cantel, which is a provider of infection prevention services, and this acquisition will strengthen the STERIS leadership in infection prevention by bringing together two complementary businesses.
  • In 2020, STERIS added X-rays to its product portfolio in the existing gamma irradiation by an expansion of its facility in Thailand.

Frequently Asked Questions (FAQs) of Sterilization Services Market:

Q1. What is the total market value of Sterilization Services Market report?

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Q2. Which are the top companies holding the market share in Sterilization Services Market?

Q3. Which are the largest regions for this Market?

Q4. What is the leading technology of Sterilization Services Market?

Q5. What are the major drivers for this specific Market?

Q6. What are the upcoming key trends in the Sterilization Services Market report?

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Report Objectives:

  • To define, describe, segment, and forecast the sterilization services market by method, type, mode of delivery, end user, and region
  • To provide detailed information about factors influencing the market growth (such as drivers, restraints, opportunities, and challenges)
  • To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
  • To analyze market opportunities for stakeholders and provide details of the competitive landscape for key players
  • To forecast the size of the market in five main regions (along with their respective key countries), namely, North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa
  • To profile key players in the market and comprehensively analyze their core competencies and market shares
  • To track and analyze competitive developments, such as acquisitions, and expansions, of the leading market players
  • To benchmark players within the sterilization services market using the “Company Evaluation Quadrant” framework, which analyzes market players on various parameters within the broad categories of business strategy, market share, and product offering

Related Reports:

Infection Control Market

Sterilization Equipment Market

Medical Supplies Market

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Dental Equipment Market

Medical Device Cleaning Market

Research Insight: https://www.marketsandmarkets.com/ResearchInsight/sterilization-service-market.asp

Content Source: https://www.marketsandmarkets.com/PressReleases/sterilization-service.asp


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Scorpios’ Summer Cultural Series Redefines AI & Visual Art in Mykonos & Bodrum

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LONDON, July 3, 2024 /PRNewswire/ — Scorpios, the renowned beach concept and creative gathering place, in partnership with art tech pioneers HOFA Gallery, announces ‘Evolving Perspectives’ the second edition of their Encounters summer arts programme. Running from 18 July to 18 September, this 9-week series expands to take place across Scorpios’ two stunning beachfront locations, Mykonos and the newly opened Bodrum.  Featuring immersive installations and live music performances, the programme will showcase AI and visual artists, headlined by Joseph Klibansky, Random International, and Sougwen Chung – all revered for pushing the boundaries of art and technology.

Building on the success of 2023’s inaugural edition launched with Turkish AI artist and director Refik Anadol, his special collaboration with the Yawanawa Indigenous communities of Brazil’s Amazon, was regarded as a profound exploration of the relationship between human consciousness and nature. Over half a million people attended last year’s programme, generating $3 million in artwork sales, with Refik Anadol’s Yawanawa heritage project alone selling out in hours and raising $1.5 million for the preservation campaign. 
HOFA Co-founder Elio D’Anna says: “The 2023 season of Encounters was a groundbreaking and very successful programme that brought together AI and digital artists, musicians, and an audience of global changemakers and creatives through a series of live performances and installations. 
“This year’s ‘Evolving Perspectives’ programme continues to push boundaries, making it the most exciting synchronisation of visual art and cultural engagement, while also delivering a very powerful message on the power of AI and human-machine collaboration to help us achieve a more harmonious coexistence with nature.” 
The Mykonos lineup headlines Dutch contemporary artist Joseph Klibansky from 18-21 July 2024. Celebrated for his innovative use of technology in art and sculpture, will present ‘Tree of Life’ merging digital art with environmental stewardship. This collection creates a unified visual narrative rich in depth and storytelling, featuring intricate patterns and vibrant colours inspired by nature. The new ‘Tree of Life’ collection includes a large-scale video sculpture installation to be exhibited at Scorpios Mykonos, along with 1,000 unique digitally painted fine art prints with a matching digital companion. Each artwork boasts its own unique traits, ensuring every piece is one-of-a-kind.
Moreover, Klibansky combines visual art with environmental awareness. For every artwork sold, the partnering non-profit One Tree Planted will plant physical trees in the Amazon. 
In Bodrum between 22-25 August 2024, the art group Random International, a German duo with studios in London and Stockholm, will present an immersive installation that invites visitors to engage physically with a seemingly sentient, digital swarm. Titled ‘When Tomorrow Comes’, the work features a custom tracking system and flocking algorithm to create an interactive digital sculpture blending technology with human perception and interaction. 3 sets of 150 limited signed edition prints of ‘When Tomorrow Comes’ will be available for purchase.
A global name in human-machine collaboration, and multi-award winning Chinese-Canadian artist Sougwen 愫君 Chung will perform a live showcase with the robotic system D.O.U.G. (Drawing Operations Unit Generation at Scorpios Bodrum between 5-8 September 2024. The single scheduled performance during that weekend offers a unique opportunity to experience their groundbreaking collaborative work. Chung’s innovative approach to combining human artistry with AI technology has earned them international acclaim, including a spot on TIME Magazine’s TIME100 AI list as one of the world’s most influential people in AI and the TIME Impact Award 2024.
Accompanying the performance will be the debut of ‘Genesis II: Body Machine’, a collection of unique artworks. The works in ‘Body Machine’ speculate on the future of the robotic form intertwined with the human body. Each bespoke work is generated from the artist’s drawing choreography captured in three dimensions and paired with exclusive signed prints. 
All prints and digital artworks will be available for purchase through Scorpios Collect.
The headline artist events are also supported by a programme of featured AI and visual artists, encompassing music into these collaborative events, they will take place throughout the 2024 summer season in both Mykonos and Bodrum. 
Scorpios Co-Founder Thomas Heyne says: “We use digital art to create holistic experiences. Interaction and immersion enhance the overall experience, taking guests on a journey where they feel inspired. We are excited to welcome Joseph Klibansky, Random International, and Sougwen Chung to this year’s Encounters program, showcasing how AI can teach us about living in harmony with nature.”
WWW.THEHOUSEOFFINEART.COMWWW.SCORPIOS.COMWWW.SCORPIOS.COM/ENCOUNTERSWWW.SCORPIOSCOLLECT.COM
Media contact: Emma-Louise O’Neill; [email protected]; +44 7515 136909 
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Two Belgian hospitals live with Sectra’s public cloud service for medical imaging based on Microsoft Azure

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LINKÖPING, Sweden, July 3, 2024 /PRNewswire/ — Two hospitals in Belgium are successfully live with the public cloud service from international medical imaging IT and cybersecurity company Sectra (STOCKHOLM: SECT-B). As the first to use Sectra One Cloud in the Benelux countries, the two hospitals have begun experiencing the benefits of a cloud service such as improved ability to share resources between the sites and more streamlined workflows.

In the city of Bruges in Belgium, the hospitals AZ Sint Lucas and AZ Sint Jan began their journey to the cloud following a contract with Sectra signed in 2023. As the first in the Benelux countries to adopt Sectra’s enterprise imaging as a fully managed service in the public cloud, these hospitals have now gone live with the service.
One of the main reasons for this shift was the need to streamline operations and enhance collaboration between the two sites. Since 2021, the 23 radiologists and nine trainees of both hospitals have worked together in one single association. Previously, they were unable to work in one environment as they were using two different PACS providers. This made it much harder to collaborate. This need originates from the challenge many hospitals face today of dealing with heavy workloads. 
“With an aging population come increasing needs. We are already experiencing a lack of resources and heavier workload. With more and more exams to report on and a shortage of staff, our radiologists are having a hard time coping with the everyday workload. A state-of-the art communal PACS system could help streamline workflow and improve efficiency,” says Dr. Jesse Marrannes, radiologist at AZ Sint-Jan and main medical responsible for this PACS project.
Bart Thielen, Managing Director, Sectra Benelux, adds: “Healthcare today needs to be able to cope with the increasing need for diagnostics and specialized care. Transitioning to the cloud is the first step for hospitals wanting to use new technology to cope with these challenges, as the service offers the needed scalability and security. Many hospitals also deal with staff shortages when it comes to qualified IT staff. I am very happy to offer a solution that will take away some of the stress and resources usually needed to manage the system.”
He continues: “AZ Sint Jan and AZ Sint Lucas pave the way for the transition to public cloud for medical imaging in the Benelux and I’m excited to follow their journey.”
The service is based on Microsoft Azure and fully managed by Sectra. The hospitals saw the potential of the service helping to relieve burden on their IT staff and resources. “The fact that it is a fully managed service and deployed in the cloud gives us more time to focus on the care of our patients rather than on the maintenance of the IT-system and the storage and accessibility of data,” said Annelies Meyns, Head of ICT Applications at AZ Sint Jan, when the project was initiated.
The implementation process began shortly after the contract was signed, with Sectra closely collaborating with hospital teams to ensure a seamless transition. “Moving everything to the cloud is a monumental task, but Sectra’s commitment made it manageable and efficient,” says Jurryt Laleeuwe, Head of ICT Applications at AZ Sint Lucas.
The cloud service is now fully operational, bringing notable enhancements. “The new system has already enhanced our ability to share resources and collaborate on patient cases. The ability to tailor our workflows has also greatly benefited our radiologists, especially for overarching multidisciplinary team meetings” says Dr. Pieter Vandaele, Head of the Department of Radiology at AZ Sint Lucas.
He continues: “The implementation and experience so far have been very positive, and I look forward to seeing the ongoing benefits of this cloud service.”
Sectra’s enterprise imaging solution provides a unified strategy for all imaging needs while lowering operational costs. The scalable and modular solution, with a VNA at its core, allows healthcare providers to grow from ology to ology and from enterprise to enterprise. Visit Sectra’s website to read more about Sectra and why it’s top-ranked in “Best in KLAS.”
About SectraSectra contributes to a healthier and safer society by assisting health systems throughout the world to enhance the efficiency of care, and authorities and defense forces in Europe to protect society’s most sensitive information. The company, founded in 1978, is headquartered in Linköping, Sweden, with direct sales in 19 countries, and distribution partners worldwide. Sales in the 2023/2024 fiscal year totaled SEK 2,964 million. The Sectra share is quoted on the Nasdaq Stockholm exchange. For more information, visit Sectra’s website.
For further information, please contact:Dr. Torbjörn Kronander, CEO and President Sectra  AB, 46 (0) 705 23 52 27 Marie Ekström Trägårdh, Executive Vice President Sectra AB and President Sectra Imaging IT Solutions, 46 (0)708 23 56 10
This information was brought to you by Cision http://news.cision.com
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Sectra’s module for breast imaging
 

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Barrington James Announces Strategic Acquisition of S3 Science Recruitment

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LONDON, July 3, 2024 /PRNewswire/ — Barrington James, a global leader in Life Science Recruitment, proudly announces the acquisition of S3 Science Recruitment, a firm renowned for its expertise in drug discovery, medical research, and the broader field of life sciences. Terms of the transaction were not disclosed.

This strategic acquisition marks a significant milestone for Barrington James, enhancing the company’s commitment to expanding its client-service capabilities and supporting the development of cutting-edge technology. This integration will provide clients with greater access to exceptional talent on both a permanent and temporary basis.
Dan Barrington, CEO of Barrington James, stated: “We are thrilled to acquire S3 and expand our Human Capital services in Life Sciences. This acquisition enhances our offerings across Board and Executive partnerships, Permanent Recruitment, Contract Recruitment, Staffing, OSP, and FSP. S3’s expertise in Clinical and Pre-Clinical specializations, both on a temporary and permanent basis, will perfectly complement Barrington James’ comprehensive Life Science services, from Clinical to Post-Marketing, A.I., and beyond. We are excited to collaborate with Alex Barrie, and his team, and we look forward to significantly growing S3 in the coming years.”
Alex Barrie, Director of Recruitment at S3, stated: “Clients of S3 Science Recruitment can expect a seamless transition, marked by the same dedication to excellence and personalized service they have come to rely on. Like Barrington James, we are deeply committed to delivering exceptional value and support to all our clients. By integrating the strengths of both companies, we are not only maintaining our high standards but also elevating them. The exciting integration of S3 Science into Barrington James enables us to offer an even broader and more comprehensive range of staffing solutions, ensuring that our clients benefit from a superior recruitment experience.”
About Barrington James:
Barrington James is a global, industry-leading recruitment business serving the Pharmaceutical, Biotechnology, and Medical Device sectors. With a global presence and a team of hundreds of specialists, we deliver world-class recruitment solutions to life science companies of all sizes. Leveraging a network of over 6 million industry professionals and advanced AI platforms, our expert consultants provide a personalized approach to global life science recruitment. For more information, please visit barringtonjames.com.
About S3 Science Recruitment:
S3 Science Recruitment connects talented individuals with leading organizations and institutions across the UK, Europe, and the United States. Our mission is to enable groundbreaking discoveries and life-saving treatments today. Specializing in drug discovery, medical research, and the broader Life Sciences field, we support the UK’s leadership in developing cures and treatments. Since 2002, S3 Science Recruitment has helped Life Sciences organizations find passionate individuals dedicated to medical advancement, particularly in animal research. We believe attracting talent to this vital industry is just the beginning of greater achievements. For more information, please visit s3science.com.
CONTACT: Amy TilburyHead of [email protected]+44 (0) 1293 776644
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