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Global Medical Sterilization Equipment and Services Market: Trends, Opportunities and Forecasts

  • March 2016
  • 200 pages
  • Azoth Analytics
Report ID: 3686487

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Executive Summary

Rising number of surgical procedure combined with the Increasing focus on maintaining hygienic environment within healthcare facilities is expected to drive the medical sterilization equipment market.

Global medical sterilization equipment market is forecast to grow at a CAGR of 6.75% during 2016 – 2021F, driven by the increasing number of surgical procedures where infections arising post-surgical procedures as well as the rising number of healthcare facilities focusing on implementing proper hygiene during application of the medical devices.

As increasing percentage of GDP is allocated towards healthcare, which has led to the rising set up of healthcare centres, and therefore, with more surgical procedures performed, prevalence of infections post-surgery have proved fatal to the patients. This has led to the increasing measures for sterilization equipment for application towards medical devices.

Medical sterilization equipment market is majorly dominated by moist heat sterilizer, amidst other devices considering the immense applicability of the autoclaves sterilizer for medical devices. Market is inclining towards low temperature sterilization methods due to the increased penetration and faster turnaround times. While North America makes up for the major market, market for Asia Pacific is being considered to be the key market on account of the rising healthcare infrastructure in the region.

According to Azoth Analytics research report, “Global Medical Sterilization Equipment and Services Market: Trends, Opportunities and Forecasts (2016-2021) - (By Temperature­ High Temperature, Low Temperature, Radiation; By Sterilization Methods - Dry Heat, Steam, Heated Chemical Vapor, Chemical, Radiation, Glass Bead Sterilizers; By Services – In-House, Contract Sterilization; By Region- North America, Europe, Asia Pacific, Latin America, Middle East and Africa, Key Players, Regulations)”, in 2016, market for low temperature sterilization equipment has been on growing scale due to the increased efficiency and reduced overall sterilization process time. Few of the leading companies operating in medical sterilization equipment market include Steris Corp, Getinge Group, Sterigenics, Tuttanuer, Belimed AG etc.

Scope of the Report

Global Medical Sterilization Equipment and Services Market: Trends, Opportunities and Forecasts (2016-2021) - (By Temperature­ High Temperature, Low Temperature, Radiation; By Sterilization Methods - Dry Heat, Steam, Heated Chemical Vapor, Chemical, Radiation, Glass Bead Sterilizers; By Services – In-House, Contract Sterilization; By Region- North America, Europe, Asia Pacific, Latin America, Middle East and Africa, Key Players, Regulations) analyses the following aspects of global ophthalmic devices market:
- Global medical sterilization equipment market size, Share & Forecast
- Segmental Analysis – High Temperature, Low Temperature and Radiation
- Sterilization Methods - Dry Heat, Steam, Heated Chemical Vapor, Chemical, Radiation, Glass Bead Sterilizers;
- By Services – In-House, Contract Sterilization;
- By Region- North America, Europe, Asia Pacific, Latin America, Middle East and Africa
- Market Entry Strategies for Domestic/Foreign Players
- Competitive Landscape & Strategic Recommendations

Research Methodology

The industry, sector and the segment is defined and the historic market trend is figured out through various paid databases. The next stage involved comprehensive primary research in which the various stakeholders of the market segment were contacted, interviewed and their insights taken. The insights from the experts/stakeholders triangulated with the historical market trends. Further, Back-of-the-Envelope calculation for the market estimation was made through proper understanding of the market as well as future business strategies of the companies engaged in the market.

Why You Should Buy This Report?

-To gain an in-depth understanding of global medical sterilization equipment market
- To identify the on-going trends and anticipated growth in the next five years
- To help industry consultants, medical sterilization equipment manufacturers, suppliers and distributors align their market-centric strategies
- To gain insights on the prevalent market entry strategies in medical sterilization equipment market for domestic as well as foreign companies
- To obtain research based business decision
- To gain competitive knowledge of leading players
- To avail limited customization in the report without any extra charges

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