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Global Sterilization Equipment Market: Trends and Opportunities (2015 Edition)

  • July 2015
  • -
  • Daedal Research
  • -
  • 95 pages

Summary

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Scope of the Report

The report titled “Global Sterilization Equipment Market: Trends and Opportunities (2015 Edition)”, analyzes the potential opportunities and significant trends in the global sterilization equipment industry. The market sizing and growth of sterilization equipment industry has been provided for period 2007-2014 and market projections has been provided for the period 2015-2019, considering 2014 as the base year.The growth and forecast of the sterilization equipment market in terms of technology – Heat Sterilization, Filtration, Low Temperature Sterilization and Ionizing Radiation Sterilization has also been analyzed in the report.

The report provides detailed global analysis of the sterilization equipment market as well as the markets of United States, Europe and United Kingdom. The market size and forecast in value terms for US, Europe and UK sterilization equipment market has been provided for the period 2007 to 2019, considering 2014 as the base year. The US and the UK hospital sterilization services market is also explained in detail with market sizing based on number of surgeries, surgical procedure, number of operating theaters and number of hospitals.

Further, key players operating in the sterilization equipment industry like Getinge AB, 3M, TSO3, and Cardinal Health are analyzed in the report. In addition to this, contract sterilization equipment manufacturers like Steris and Synergy Health have been profiled and growth of the industry has been predicted taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

Segment Coverage

- Heat Sterilization
- Filtration
- Low Temperature Sterilization
- Ionizing Radiation Sterilization

Company Coverage

- Getinge AB
- 3M Company
- TSO3
- Cardinal Health
- Steris Corporation
- Synergy Health

Executive Summary

Sterilization is very important in controlling infection in hospitals and helps in reducing the risk of transmission of infectious diseases. Hospital associated infections can be one of the major reasons of diseased state and mortality in hospitalized patients. Increase in the aging population is leading to improvements in demand for healthcare services. This along with changes in healthcare reimbursement policies is pushing sterilization providers to offer improved operations. The changing demand scenario in the market is forcing manufacturers to offer high quality service at lower costs. Advancements in technology are leading to introduction of technically enhanced instruments in the medical equipment market. The enhanced instruments such as endoscopes and analyzers have increased the need for advanced sterilizers that are compatible with such equipment.
These technological advancements are responsible for drastic shift from steam sterilizers in the market to low temperature sterilizers. The low temperature sterilization market is expected to be the fastest growing segment for the next 5 years, due to its competitive advantages over other methods of sterilization.

Regionally, U.S. and Europe are the biggest markets of the global sterilization market as majority of market leaders are also based in these regions of the globe. The Asian region of the sterilization market is expected to exhibit favorable growth in the years to come. Rising awareness regarding health concerns, improving spending capacity, growth of aging population along with increasing number of surgeries and growth in the per capita income are expected to drive this growth in the forecasted period.

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