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Sr. No. |
Item |
Description |
|
1 |
Company Name |
STERIS Corporation |
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2 |
Website |
www.steris-ast.com/ |
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3 |
Established Date |
1985 |
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4 |
Headquartered |
United States |
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5 |
Market Position/ History |
STERIS, initially founded as Innovative Medical Technologies in Ohio in 1985, was established with the goal of improving healthcare through advanced medical technologies. In 1987, just two years after its founding, the company underwent a rebranding, adopting the name STERIS, which would come to represent its strong focus on sterilization, infection prevention, and healthcare solutions. Over time, STERIS has experienced steady growth, driven by both organic expansion and the acquisition of other companies. One significant acquisition was the American Sterilizer Company, which had its own long-standing legacy in sterilization technology. This and other acquisitions helped STERIS strengthen its position as a leader in delivering vital products and services for healthcare and life sciences. Currently, STERIS operates in more than 100 countries globally, with a workforce of around 16,000 associates. The company remains dedicated to its original mission of helping customers create a healthier and safer world by providing state-of-the-art solutions in infection prevention, contamination control, and medical device sterilization. As the healthcare industry continues to evolve worldwide, STERIS stays committed to innovation and growth, ensuring its products and services address the ever-changing needs of its customers in both the healthcare and life sciences sectors. |
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6 |
Sales Area |
Worldwide |
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7 |
Manufacturing Location |
Americas Europe Asia |
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8 |
Ticker |
NYSE: STE |
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9 |
No. of Employees |
18,000 Employees |
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10 |
Competitors |
Getinge AB 3M Company Stryker Corporation |
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11 |
CEO |
Daniel A. Carestio |
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12 |
Ownership Type |
Public |
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13 |
Contact Information |
5960 Heisley Road Mentor, OH 44060 Phone: 440.354.2600 |
STERIS is a prominent global provider of infection prevention and decontamination products and services, offering a wide array of solutions aimed at supporting patient care and enhancing the safety of healthcare environments. With a strong emphasis on innovation, STERIS provides a diverse range of offerings, including capital equipment such as sterilizers, surgical tables, and automated endoscope reprocessors, along with consumables like detergents, gastrointestinal endoscopy accessories, and microbial reduction products. The company also provides critical services, such as equipment installation, maintenance, microbial reduction of medical devices, and instrument repair.
STERIS operates through three key business segments:
Healthcare
This segment focuses on sterile processing departments and procedural centers, such as operating rooms and endoscopy suites.
Applied Sterilization Technologies (AST)
The AST segment serves medical device and pharmaceutical manufacturers through a global network of contract sterilization and laboratory testing facilities, as well as integrated sterilization equipment and control systems. STERIS AST offers the most comprehensive array of contract sterilization options in the medical device industry.
Life Sciences
The Life Sciences segment delivers a broad range of products and services to support biopharmaceutical and medical device research and manufacturing, particularly those involved in aseptic manufacturing.
This structure enables STERIS to serve a diverse customer base, including hospitals, medical device manufacturers, pharmaceutical companies, and research institutions. Headquartered in Mentor, Ohio, STERIS has a robust global presence, operating in more than 100 countries.
The majority of the company’s revenue comes from healthcare, medical device, and pharmaceutical customers. The growth in these sectors is largely driven by the aging global population, with more people entering the phase of life that demands higher healthcare consumption. Growth is also influenced by advancements in healthcare delivery, the acceptance of new technologies, government policies, and overall economic conditions. Additionally, there is an increasing demand for medical procedures, including preventive screenings such as endoscopies and colonoscopies, as well as a desire for greater operational efficiency, all of which are contributing to the rising demand for many of STERIS’s products and services.
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Product & Services |
Product Description |
|
Applied Sterilization Technologies (AST) |
The AST segment serves medical device and pharmaceutical manufacturers through a global network of contract sterilization and laboratory testing facilities, as well as integrated sterilization equipment and control systems. STERIS AST offers the most comprehensive array of contract sterilization options in the medical device industry. Contract sterilization services are provided, including Gamma irradiation using cobalt-60 in the form of cobalt pencils. The offerings include process controls and monitoring systems, as well as integrated sterilization equipment, such as accelerators, product handling, and automation. |
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Steam Sterilizers |
Steam sterilizers, also known as autoclaves, play a crucial role in the decontamination and sterilization processes carried out by sterile processing departments (SPDs) in healthcare facilities. STERIS provides one of the most extensive selections of steam sterilizers, offering solutions designed to enhance department productivity and streamline workflow. Small Steam Sterilizers (Autoclaves) Designed for small spaces, these autoclaves provide quick turnaround for Operating Rooms (OR), Ambulatory Surgery Centers, and Locations. Amsco 400 Small Steam Sterilizers Processes up to three, 25 lb trays at once Ideal for quick turnaround in the OR or SPD Accommodates larger bariatric and orthopedic devices Amsco C Series Remanufactured Small Steam Sterilizer Processes up to two, 25 lb trays in each cycle Remanufactured to OEM standards using STERIS original parts Single or double door configuration available Medium Steam Sterilizers (Autoclaves) Efficient autoclaves designed to maximize throughput for demanding SPD. Fully jacketed elliptical chambers provide superb sterilizer performance. Amsco 400 Medium Steam Sterilizer Processes up to fifteen, 25 lb trays in each cycle High volume sterilization to serve today's busiest ORs Designed to fit within previous sterilizer model's footprint AMSCO 600 MEDIUM STEAM STERILIZER Process up to fifteen, 25 lb trays in each cycle Small footprint, only 39" wide with no side or rear clearance required Automatic vertical sliding door makes loading and unloading easy AMSCO EVOLUTION MEDIUM STEAM STERILIZER Processes up to twenty, 25 lb trays in each cycle Flexible installation that conserves department space Large Steam Sterilizers (Autoclaves) The Evolution Floor Loader Steam Sterilizer offers high capacity, ease of use and efficient workflow. AMSCO EVOLUTION FLOOR LOADER STEAM STERILIZER Processes up to twenty-five, 25 lb trays in each cycle Ideal for high-volume processing Streamlines department workflow |
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V-PRO Low Temperature Sterilization Systems |
Achieve unmatched throughput and productivity in the Sterile Processing Department (SPD), Operating Room (OR), or Ambulatory Surgery Center (ASC) with V-PRO Low Temperature Sterilizers. V-PRO max 2 low temperature sterilization system Capacity - Process up to 50lbs in 28 minutes, or 11lbs in as quick as 16 minutes Features - The most throughput of any low-temperature sterilizer Compatibility - Compatible with the widest range of medical devices and materials, including 3D-printed materials V-PRO s2 Low Temperature Sterilization System Capacity - Process up to 25lbs in 28 minutes, or 4 lbs in as quick as 19 minutes Features - Small footprint at less than 2 feet wide easily fits in space constrained departments Compatibility - Compatible with the widest range of medical devices and materials Sterilant, Sterility Assurance & Accessories Sterilant, sterility assurance products, and accessories for use with V-PRO Sterilizers are designed to streamline the hydrogen peroxide sterilization process. VAPROX HC Sterilant is specially formulated for use in V-PRO Sterilizers, ensuring optimal efficacy while being gentle on devices. Biological indicators and chemical indicators provide verification that sterilization conditions have been met. The lightweight PRO-LITE Sterilization Trays are designed to optimize loading capacity, maximizing throughput. Celerity HP Biological Indicators Celerity HP Multivariable Chemical Indicator PRO-LITE Sterilization Trays VIS-U-ALL Low Temperature Sterilization Pouches and Tubing Celerity HP Challenge Packs VAPROX HC Sterilant |
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Year |
Latest News |
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October, 2024 |
Steris seriate, Italy microbiology laboratory receives iso 17025 accreditation As part of a long-term commitment to supporting global medical device manufacturing, STERIS Applied Sterilization Technologies (AST) is pleased to announce that the microbiology laboratory in Seriate, Italy has attained ISO 17025 accreditation. This accreditation ensures that the laboratory meets rigorous standards for competence, impartiality, and consistent operation. It confirms that the testing methods are globally recognized and that STERIS complies with the highest international standards. With the addition of the Seriate facility, STERIS AST now operates ISO 17025 accredited laboratories in China, Germany, Ireland, Malaysia, the UK, and the USA. |
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November, 2023. |
Steris accepted as first company to participate in the fda radiation sterilization master file pilot program STERIS is excited to announce that its Applied Sterilization Technologies (AST) business has been accepted into the U.S. Food and Drug Administration (FDA) Radiation Sterilization Master File Pilot Program (Pilot Program), which was first introduced by the FDA in April 2023. This participation in the Radiation Pilot Program builds upon STERIS’s prior acceptance into the Ethylene Oxide (EO) Master File Pilot Program in 2021. The FDA established the Radiation Sterilization Master File Pilot Program in response to global supply chain challenges and to enhance supply chain resilience. This voluntary Pilot Program allows companies that sterilize single-use PMA-approved medical devices with gamma radiation or EO to submit master files when making specific changes. |
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June, 2023 |
STERIS Expands Healthcare Products Offering with Acquisition of Surgical Instrumentation Assets from Becton, Dickinson and Company STERIS plc (NYSE: STE) has announced the signing of a definitive agreement to acquire the surgical instrumentation, laparoscopic instrumentation, and sterilization container assets from Becton, Dickinson and Company (NYSE: BDX) for $540 million ("the Transaction"). This acquisition is expected to qualify for a tax benefit related to tax-deductible goodwill, with a present value of approximately $60 million. The acquisition includes V. Mueller, Snowden-Pencer, and Genesis branded products, which are recognized providers of surgical instruments and sterilization containers for healthcare customers. The combined annual revenue for these businesses for BD's fiscal year ending September 30, 2023, is projected to be around $170 million, with adjusted earnings before interest and taxes estimated at approximately $45 million. |
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July 2023 |
STERIS announced the addition of X-ray sterilization services at existing Kuala Ketil, Malaysia Earlier this year, STERIS announced the introduction of X-ray sterilization services at its existing gamma and ethylene oxide facility in Kuala Ketil, Malaysia. As part of a long-term commitment to supporting global medical device manufacturing, STERIS is pleased to share that the Kuala Ketil facility has now received an updated ISO 13485 accreditation to include X-ray processing. The Kuala Ketil facility is the first location in the APAC region to offer X-ray processing, expanding radiation processing capacity for medical device and pharmaceutical manufacturers in the region. |
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November 2020 |
STERIS AST Offers Medical Device Product Testing Capabilities to Support Global Expansions STERIS Applied Sterilization Technologies (AST) is further expanding its capacity for routine sterilization of medical devices, including the addition of new X-ray facilities in multiple locations worldwide. Additionally, STERIS is establishing new specialized Radiation Technology Centers in the UK and North America. STERIS laboratory testing services play a crucial role in supporting these new facilities by offering medical device manufacturers a complete range of microbiological and analytical testing and validation services to assist in the registration of medical devices. |
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September 2020 |
STERIS Collaborates with AAMI and Medical Industry Leaders on “Industrial Sterilization STERIS is proud to have worked alongside the Association for the Advancement of Medical Instrumentation (AAMI) and medical industry leaders to create a free publication that explores best practices and strategies for sterilizing medical devices and packaging. Industrial Sterilization: Process Optimization and Modality Changes is a peer-reviewed supplement to AAMI’s journal, BI&T, where industry leaders share optimization practices and promote innovation. |
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