Sterilization Wrap Market Projected to Reach $489.93 Million by 2032, Growing at a CAGR of 3.2%

Market Outlook:

The global sterilization wrap market size was valued at USD 371.26 million in 2023.
The market is expected to expand at a CAGR of 3.2% during the forecast period from 2024 to 2032.
The industry is expected to grow to USD 489.93 million by 2032.

Overview

Sterilization wrap, also referred to as surgical wrap, is a type of medical packaging material used in healthcare facilities. The primary purpose of sterilization wrap is to maintain the sterility of medical equipment and instruments. Sterilization wrap is typically made from nonwoven polypropylene or other similar breathable materials. The usage of breathable materials facilitates the penetration of sterilization agents like steam or ethylene oxide gas while offering a barrier to microorganisms and other contaminants. Sterilization wrap is a vital component of infection control and plays a crucial role in preventing the spread of infections in healthcare facilities.

Growth Factors and Opportunities

The global adult population experiencing chronic diseases is projected to experience a substantial rise over the forecast period. The surge in chronic conditions globally is a major factor propelling the demand for sterilization wraps. Besides, the crucial role that sterilization wraps play in facilitating the proper management of equipment by preventing microbial infections further supports industry development.

Key Industry Participants

The sterilization wrap market is characterized by the presence of several industry participants striving to gain a larger market share. Some of the major players operating in the market include:

A.R. Medicom Australia Pty, Ltd.
Ahlstrom
Berry Global Inc.
Cardinal Health
Crosstex International, Inc.
Dynarex Corporation
McKesson Medical-Surgical Inc.
Medline Industries, LP.
Narang Medical Limited
Propper Manufacturing Co., Inc.
STERIS

Market Segmentation:

Sterilization Wrap Market, Material Type Outlook (Revenue – USD Million, 2019-2032)

Paper & Paperboard
Plastic & Polymer
Others

Sterilization Wrap Market, End Use Outlook (Revenue – USD Million, 2019-2032)

Ambulatory Surgery Centres
Hospitals
Clinics and Others

The market is primarily segmented based on material type, end-use, and region.
By material analysis, the plastic & polymers segment accounts for a substantial portion of the market owing to the increased incidence of post-operative wound infections.
By application analysis, the hospital segment commands a large market share owing to the increased prevalence of hospital-associated infections.

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐓𝐡𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐂𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐞𝐫𝐞:

https://www.polarismarketresearch.com/industry-analysis/sterilization-wrap-market

Sterilization wraps play a critical role in safeguarding both patient safety and healthcare resources. The rising prevalence of hospital-acquired infections, particularly microbial infections, coupled with the relatively lower costs associated with sterilization wraps, are expected to drive growth in the sterilization wrap market in the coming forecast period. Sterilization wrap presents numerous advantages in ensuring infection-free equipment handling and safety during equipment transport between locations. Furthermore, sterilization wrap facilitates aeration for surgical equipment and allows sufficient permeability for the effective penetration of sterilants like plasmas, ozone, steam, ethylene oxide, and others.

4. Global Sterilization Wrap Market Insights
4.1. Sterilization Wrap Market – Industry Snapshot
4.2. Sterilization Wrap Market Dynamics
4.2.1. Drivers and Opportunities
4.2.1.1. Rise in the Occurrence of Chronic Diseases
4.2.1.2. Rising incidence rates of hospital-acquired infections and infections at surgical sites
4.2.2. Restraints and Challenges
4.2.2.1. Stringent regulations
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers (Moderate)
4.3.2. Threats of New Entrants: (Low)
4.3.3. Bargaining Power of Buyers (Moderate)
4.3.4. Threat of Substitute (Moderate)
4.3.5. Rivalry among existing firms (High)
4.4. PESTLE Analysis
4.5. Sterilization Wrap Industry trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis
5. Global Sterilization Wrap Market, by Material Type
5.1. Key Findings
5.2. Introduction
5.2.1. Global Sterilization Wrap, by Material Type, 2019-2032 (USD Million)
5.3. Paper & Paperboard
5.3.1. Global Sterilization Wrap Market, by Paper & Paperboard, by Region, 2019-2032 (USD Million)
5.4. Plastic & Polymer
5.4.1. Global Sterilization Wrap Market, by Plastic & Polymer, by Region, 2019-2032 (USD Million)
5.5. Others
5.5.1. Global Sterilization Wrap Market, by Others, by Region, 2019-2032 (USD Million)