STERIS plc (Ireland) Ordinary Shares (STE)

Competitors to STERIS plc (Ireland) Ordinary Shares (STE)

Ecolab Inc. 

Ecolab Inc. positions itself as a competitor to STERIS by offering sanitization and infection prevention solutions primarily in the healthcare sector, alongside food safety and industrial applications. Both companies target the same customer segments, focusing on cleanliness and compliance in healthcare environments. Nevertheless, Ecolab's extensive network and established relationships with hospitals enhance its competitive advantage, as they provide comprehensive services that extend beyond mere product offerings, including training and on-site support.

Getinge AB

Getinge AB is a direct competitor to STERIS plc within the medical device and healthcare equipment sector. Both companies focus on sterilization, infection control, and surgical workflow solutions, targeting hospitals and healthcare facilities. However, Getinge emphasizes critical care and surgical products, which allows it to penetrate markets that may not be as strong for STERIS. Despite this, STERIS has a strong brand reputation and customer loyalty in its sterilization segment, which somewhat mitigates the competition they face from Getinge.

Johnson & Johnson 

Johnson & Johnson operates in a broader healthcare landscape but competes with STERIS in hospital supply and surgical products. Both companies strive to improve patient outcomes through innovative solutions, including sterilization and sterile processing. However, J&J's established market presence and extensive resources provide a significant competitive edge, allowing it to invest heavily in research and development, leading to superior product offerings. Instead of competing directly line-for-line, J&J leverages its size and influence to maintain leadership in segments where STERIS is also playing.

Owens & Minor, Inc. 

Owens & Minor, Inc. serves as a competitor to STERIS plc through its focus on medical supply chain management and healthcare logistics. While STERIS specializes more in sterilization and operating room efficiency products, Owens & Minor competes by optimizing procurement and distribution processes for medical products. Although STERIS has a stronger presence in sterilization, Owens & Minor's adaptability and customer-focused supply chain solutions can create a competitive edge in logistics and distribution sectors.

Thermo Fisher Scientific 

Thermo Fisher Scientific competes with STERIS plc by offering a wide range of laboratory equipment, reagents, and services for life sciences research and diagnostics. Both companies are heavily involved in providing products and solutions that enhance healthcare and research environments. However, Thermo Fisher has a more diversified portfolio, encompassing bioprocessing and analytical instruments that attract a broader array of customers in the pharmaceutical and biotechnology sectors. This diversification provides Thermo Fisher with a competitive advantage in terms of revenue generation and market presence.