Sterilization Equipment Market is Estimated to Reach $4.2 Billion by 2017 at a CAGR of 6.1% - New Report by MarketsandMarkets

Share Article

Steam/moist heat sterilization, despite being the oldest method, is still the most preferred in a healthcare setting due to its ease of use and low costs as compared to low temperature sterilization

MarketsandMarkets

MarketsandMarkets

The major players in the equipment market are Steris Corporation (U.S.), Ge-tinge AB (Sweden), Advanced Sterilization Products (U.S.), 3M (U.S.) & few more

The “Sterilization Equipment Market [E-Beam, Gamma, Steam, Vapor Hydrogen Peroxide, Hydrogen Gas Plasma, Ozone] (Medical Devices, Pharmaceutical, Healthcare, Food Applications), Equipments & Contract Services - Global Forecast To 2017”analyzes and studies the major market drivers, restraints, and opportunities in North America, Europe, Asia, and Rest of the World.

Browse market data tables and figures spread through pages and in-depth Table of Content on “Sterilization Equipment Market E-Beam, Gamma, Steam, Vapor Hydrogen Peroxide, Hydrogen Gas Plasma, Ozone] (Medical Devices, Pharmaceutical, Healthcare, Food Applications), Equipments & Contract Services - Global Forecast To 2017”.
http://www.marketsandmarkets.com/Market-Reports/sterilization-equipment-services-market-642.html
Early buyers will receive 10% customization on reports.

This report studies the global sterilization market over the forecast period of 2012 to 2017.

Sterilization is an imperative component of infection-control procedures. This market has dynamically improved from moist sterilization (steam) to the progressive ethylene oxide, gamma radiation and low temperature gas plasma sterilization, and finally to recent technologies like NO2-based sterilization.

The report focuses on various sterilization technologies like heat, chemical, radiation and filtration. The report also studies the sterilization services market, which includes healthcare solutions, hospital sterilization services, and applied sterilization technologies. The sterilization applications market includes medical device, pharmaceuticals, life sciences, food, and cosmetics. The global sterilization equipment market is valued at $3.1 billion in 2012 and is estimated to reach $4.2 billion by 2017 at a CAGR of 6.1%.

With increase in aging population and demand for healthcare services, change in healthcare reimbursement policies is pushing sterilization providers to improve their operations by providing high-quality service at lower costs. These factors are expected to propel the growth of this market.

With the introduction of technically enhanced instruments in the market like endoscopes and analyzers, there has been an increased need for advanced sterilizers that are compatible with the same. This has brought about a drastic shift from steam sterilizers to low temperature sterilizers with its wide range of technologies such as ethylene oxide, vaporized hydrogen peroxide, hydrogen peroxide gas plasma, and ozone gas based sterilization.

U.S. and Europe are the major markets for sterilization, as a majority of the market leaders are based in these regions. Yet, the Asian market is expected to display favorable growth in the coming years, primarily due to rise in awareness, growth of aging population, increase in number of surgeries, and growth in per capita income.

The major players in this market are Ge-tinge (Sweden), Steris (U.S.), Sterigenics (U.S.), Sakura (Japan), 3M (U.S.), Can-tel Medical (U.S.), and Advanced Sterilization Product (U.S.).

About MarketsandMarkets

MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. M&M covers thirteen industry verticals, including advanced materials, automotive and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. To know more about us and our reports, please visit our website http://www.marketsandmarkets.com

Contact:
Mr. Rohan
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-6006-441
Email: sales(at)marketsandmarkets(dot)com
MarketsandMarkets Blog

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Rohan
Follow us on
Visit website