STERIS

STERIS is a global leader in infection prevention and other procedural products and services, primarily serving healthcare, pharmaceutical, and medical device sectors.

Their mission is to help customers create a healthier and safer world by providing innovative healthcare and life science products and services worldwide.

Founded in 1985 as Innovative Medical Technologies in Ohio, the company was renamed STERIS in 1987.

Over the years, STERIS has expanded its offerings through strategic acquisitions, including US Endoscopy in 2012, Spectrum Surgical Instruments Corp., and Total Repair Express in 2013.

In 2014, STERIS acquired Integrated Medical Systems International Inc., and in 2015, it acquired General Econopak and Black Diamond Video.

The company further expanded by acquiring Key Surgical in 2020 and Cantel Medical Corporation in 2021.

Business Segments

STERIS operates through three main segments:

• Healthcare: Offers capital equipment like sterilizers, surgical tables, operating room integration solutions, consumables including detergents and endoscopy accessories, and services such as equipment installation, maintenance, microbial reduction, instrument and scope repair, laboratory testing, and outsourced reprocessing.
• Applied Sterilization Technologies (AST): Provides contract sterilization and testing services for medical device and pharmaceutical manufacturers via a network of facilities. Also offers integrated sterilization equipment and control systems to medical device manufacturers and research institutions.
• Life Sciences: Designs, manufactures, and sells consumable products like pharmaceutical detergents, cleanroom disinfectants, sterilants, and high-purity water generators. Provides equipment installation, maintenance, and repair services.

Financials and Workforce

As of 2024, STERIS reported revenues exceeding $5 billion and employed more than 17,000 associates worldwide.

The company is publicly traded on the New York Stock Exchange under the symbol "STE."

Global Presence and Locations

STERIS operates in over 100 countries around the world.

In the United States, it has offices in key locations including:

• Wilmington, DE
• San Diego, CA
• Orlando, FL