Company intelligence / Profile preview

STERIS

Dublin, Dublin, Irelandsteris.com ↗
Ownership
Public · STE
Employees
~18000
Development stage
Commercial
01

Overview

STERIS has established itself as a global leader in infection prevention, contamination control, and surgical support systems. The company provides an extensive portfolio of products—including capital equipment like sterilizers and washers—and services such as contract sterilization to healthcare providers, pharmaceutical manufacturers (including vaccine makers), biotechnology firms, research labs, medical device companies, and more. Its solutions are widely adopted across the globe with regulatory compliance to FDA cGMPs/ISO standards. Revenue surpassed $5 billion in FY2024 with over 18,000 employees worldwide.[1][3][5][7][8][9]

There are no clinical results or drug development programs since the company focuses on devices/services.

Recent milestones include major acquisitions such as Cantel Medical (2021), Key Surgical (2020), BD’s surgical instrumentation portfolio including V. Mueller™ instruments (2023), redomiciling to Ireland for tax purposes in 2019–2018,[7][8] joining the S&P500 index,[7] and rapid growth through both organic expansion and M&A.

During COVID‑19 pandemic response efforts in April 2020 it received FDA emergency use authorization for N95 mask reprocessing systems.[8]

Modalities
DeviceBiologic (as a service provider for biopharma manufacturing and sterilization)Small molecule (as a service provider for pharma manufacturing and cleaning validation)Non-pharmacological therapy (infection prevention technologies)Service/Process Technology
Industry
Therapeutic Medical Devices
02

Partnerships

Not specifically disclosed; works closely with hospitals/surgical centers/pharmaceutical manufacturers globally.
03

Financials

Market cap
$21.3B
Total revenue
$1.5B
Enterprise value
$22.9B

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