You can use __(), _e(), _x() or _ex() and your textdomain to make your theme or plugin translatable.
I stripped your code snippet to the basics, so you will get the idea more easily:
<select class="widefat">
<?php foreach ( $this->getImageSizes() as $name => $atts ) : ?>
<option value="<?php echo $name; ?>" ?>>
<?php echo ucwords( __( $name, 'textdomain' ) ); ?>
</option>
<?php endforeach; ?>
</select>
Unfortunately internationalization is not possible with variables like $name
so you will have to provide the default image size names to make them accessible:
$sizes = array(
__( 'thumbnail', 'textdomain' ),
__( 'medium', 'textdomain' ),
__( 'large', 'textdomain' )
);
If you’re adding the image sizes yourself you can avoid the hack above if adding them like this:
add_image_size( __( 'custom-image-size', 'textdomain' ), $width, $height, $crop );