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Analysts forecast the Global Sterilization Products and Services market to grow at a CAGR of 6.34 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increasing prevalence of hospital-acquired infection. The Global Sterilization Products and Services market has also been witnessing the increase in contract sterilization services. However, the stringent government regulations could pose a challenge to the growth of this market.
The report, the Global Sterilization Products and Services Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Sterilization Products and Services market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this space are Steris International Inc., Getinge AB, Advanced Sterilization Products Inc., and 3M Corp.
Complete report of 57 Pages is available @
Other vendors mentioned in the report are Belimed AG, B. Braun Melsungen AG, Cardinal Health Inc., Cisa S.P.A., Honeywell International Inc., Matachana Group, Medivators, Nordion Inc., Synergy Health plc, and TSO3 Inc.
Key questions answered in this report:
What will the market size be in 2018 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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Commenting on the report, an analyst from the team that published this report said: “The changing dynamics of healthcare regulations, economic fluctuations, and the cost management strategies of the many medical device manufacturers, pharmaceutical product manufacturers and other life science products manufacturers are outsourcing their activities to third-party agencies or contract sterilization service providers. This trend is expected to continue during the forecast period. Hence, the Global Contract Sterilization Services market is expected to witness the fastest growth during the forecast period. This, in turn, is expected to bolster the growth of the Global Sterilization Products and Services market.”
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According to the report, one of the major drivers in this market is the increasing prevalence of hospital-acquired infections. The prevalence rates are expected to increase in proportion to the increasing patient admittance in hospitals.
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