South Korea Low Temperature Sterilization Market Size, Share, and COVID-19 Impact Analysis, By Product (Ethylene Oxide Sterilizers and Hydrogen Peroxide Sterilizers), By Device (Endoscopes, Ophthalmology, and Laparoscopic Kit), and South Korea Low Temperature Sterilization Market Insights, Industry Trend, Forecasts to 2035
Industry: HealthcareSouth Korea Low Temperature Sterilization Market Insights Forecasts to 2035
- The South Korea Low Temperature Sterilization Market Size Was Estimated at USD 64.4 Million in 2024
- The Market Size is Expected to Grow at a CAGR of around 14.04% from 2025 to 2035
- The South Korea Low Temperature Sterilization Market Size is Expected to Reach USD 273.3 Million by 2035
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According to a research report published by Spherical Insights & Consulting, the South Korea Low Temperature Sterilization Market Size is anticipated to reach USD 273.3 Million by 2035, Growing at a CAGR of 14.04% from 2025 to 2035. The growing need for safe sterilization techniques for heat-sensitive medical equipment and gadgets is probably going to propel the market. As minimally invasive operations and sophisticated medical equipment grow more prevalent, healthcare facilities are increasingly using low-temperature sterilization methods like hydrogen peroxide plasma and ethylene oxide sterilization.
Market Overview
The need for tools and technologies that sterilize medical equipment, instruments, and devices at temperatures far lower than those employed in conventional processes like autoclaving is included in the Low-Temperature Sterilization (LTS) market. Certain low-temperature techniques, such as hydrogen peroxide gas plasma, can be quicker, easier, and use less energy and time than conventional techniques. Hospital workflow may improve as a result of quicker turnaround times for reusable instruments. For sterilizing heat-sensitive equipment, healthcare facilities are increasingly depending on low-temperature sterilization techniques including ethylene oxide sterilization and hydrogen peroxide gas plasma. Partnerships between well-known producers of sterilization equipment and distributors in developing markets can result in significant financial gains. Upgrades to the hospital infrastructure, such as the acquisition of new sterilizing equipment, may be financed by governments. The need for low-temperature sterilizers may rise sharply as a result. Additionally, government programs to increase access to medical care, particularly in underprivileged areas, support the sterilization market's overall expansion.
Report Coverage
This research report categorizes the market for South Korea low temperature sterilization market based on various segments and regions forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea low temperature sterilization market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment South Korea low temperature sterilization market.
South Korea Low Temperature Sterilization Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Market Size in 2024: | USD 64.4 Million |
Forecast Period: | 2025-2035 |
Forecast Period CAGR 2025-2035 : | 14.04% |
2035 Value Projection: | USD 273.3 Million |
Historical Data for: | 2020-2023 |
No. of Pages: | 189 |
Tables, Charts & Figures: | 110 |
Segments covered: | By Product, By Device, and COVID-19 Impact Analysis |
Companies covered:: | Renosem Co., Ltd., Hyundai Wacor Tec Corporation, World Energy Co., Ltd., Kyunghan Co., Ltd., Xenex Co., Ltd., Jiwon Medical Corp., Choongwae Medical Corp., Boryung Medience, Daewon Pharmaceutical, Sungshim Medical Co., Ltd., and Others. |
Pitfalls & Challenges: | Covid-19 Empact, Challenges, Growth, Analysis. |
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Driving Factors
The increasing prevalence of healthcare-associated infections (HAIs) has heightened the demand for effective sterilization methods that are gentle on heat-sensitive medical instruments. Technological advancements in sterilization techniques, such as hydrogen peroxide gas plasma and ozone sterilization, have improved efficiency and safety. Additionally, stringent regulatory standards and a growing emphasis on infection control in healthcare settings further drive the adoption of low-temperature sterilization solutions. These factors collectively contribute to the market's expansion, ensuring the safety and longevity of delicate medical devices.
Restraining Factors
High initial capital investment and ongoing operational costs associated with these systems can deter adoption, particularly among smaller healthcare facilities. Additionally, the complexity of operating these systems often requires specialized training, leading to increased operational costs. Regulatory hurdles and the need for compliance with stringent healthcare standards can also pose challenges. The lengthy sterilization process can be a challenge for medical facilities with high patient turnover and limited instrument inventory. Furthermore, compatibility issues with certain medical instruments and materials can limit the applicability of low-temperature sterilization methods.
Market Segmentation
The South Korea low temperature sterilization market share is classified into product and device.
- The ethylene oxide segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea low temperature sterilization market is segmented by product into ethylene oxide sterilizers and hydrogen peroxide sterilizers. Among these, the ethylene oxide segment held a significant share in 2024 and is expected to grow at a substantial CAGR during the forecast period. Medical devices, especially those made of materials that are susceptible to moisture and high temperatures, are frequently sterilized using EtO sterilizers. EtO sterilization is primarily driven by the rising number of surgical procedures and the growing need for clean medical equipment.
- The endoscopes segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea low temperature sterilization market is segmented by device into endoscopes, ophthalmology, and laparoscopic kit. Among these, the endoscopes segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. Healthcare-associated infections (HAIs) connected with endoscopes have increased as a result of their growing use in surgical operations.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the South Korea low temperature sterilization market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the companies' current news and developments, including product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Renosem Co., Ltd.
- Hyundai Wacor Tec Corporation
- World Energy Co., Ltd.
- Kyunghan Co., Ltd.
- Xenex Co., Ltd.
- Jiwon Medical Corp.
- Choongwae Medical Corp.
- Boryung Medience
- Daewon Pharmaceutical
- Sungshim Medical Co., Ltd.
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea low temperature sterilization market based on the below-mentioned segments:
South Korea Low Temperature Sterilization Market, By Product
- Ethylene Oxide sterilizers
- Hydrogen Peroxide Sterilizers
South Korea Low Temperature Sterilization Market, By Device
- Endoscopes
- Ophthalmology
- Laparoscopic Kit
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