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Sterilization Equipment Market worth $4.2 Billion by 2017

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

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

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The global sterilization equipment market is divided into two categories, namely, equipment and services. The sterilization equipment market is broadly classified as heat, low temperature, and filtration. The heat sterilization is further divided into dry heat and moist heat; with moist heat further segmented into traditional and tabletop sterilizers. The traditional and tabletop sterilizers are further segmented by technology into gravity, vacuum, and steam pulse sterilizers.

The sterilization services market has been classified as in-house and contract services, both of which are further bifurcated as EtO, E-beam, gamma, and others. The sterilization market, by application, majorly includes pharmaceutical, medical devices, food, and life sciences sectors. The market is also derived for geographies and major countries in North America, Europe, Asia, and RoW.

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The developed economies of U.S. and Europe are major markets for sterilization equipment and services companies; however, emerging markets provide significant investment opportunities for manufacturers as developed countries reach saturation. 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.

New technologies like E-beam and gamma are poised to have a strong market in the future due to their high product compatibility and low prices. These technologies have been beneficial for medical packaging, food irradiation, medical disposables, and microbiological equipment sterilization.

The major players in this market are Getinge (Sweden), Steris (U.S.), Sterigenics (U.S.), Sakura (Japan), 3M (U.S.), Cantel Medical (U.S.), and Advanced Sterilization Product (U.S.).

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