Sterilization Technologies: The U.S. Market

Report Highlights

• Overall sales in the U.S. market for sterilization equipment by type were nearly $1 billion in 2009 which is predicted to remain same in 2010. But by 2014, it is projected to increase to $1.2 billion, at 5 year compound annual growth rate (CAGR) of 3.2%.
• The largest segment filter sterilization market was nearly $572.3 million in 2009; which will remain same in 2010. This is projected to reach $652.6 million in 2014, for a 5-year CAGR of 3.3%.
• Sales in the heat sterilization market amounted to $499 million in 2009 and will remain same in 2010. This is projected to increase to $564 million in 2014, for a 5-year CAGR of 3.1%.

INTRODUCTION

REASONS FOR DOING THE STUDY

Sterilization is an often unrecognized element in a vast number of industries and manufacturing processes. Because various market forces shape demand for sterilization, the delivery of sterile products has created the need for effective, rapid, and economical technologies that ensure safety throughout the production process. This updated BCC report explores the changes and directions in the field that are projected between 2009 and 2014.

• To describe the trends and developments for each type of sterilization technology and how each is meant to satisfy the needs of manufacturers ·         
•  To analyze market and driving forces with particular attention to regulatory impacts that create certain programs for specific industries, such as Hazard Analysis Critical Control Point (HACCP), in order to suggest the market size for the technologies and pinpoint target applications ·         
•  To examine the sterilization business in terms of the types of companies and their position in the market.

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The information developed in this report is intended to be as reliable as possible at the time of publication and of a professional nature. This information does not constitute managerial, legal, or accounting advice; nor should it serve as a corporate policy guide, laboratory manual, or an endorsement of any product, as much of the information is speculative in nature. The author assumes no responsibility for any loss or damage that might result from reliance on the reported information or its use.