Cleaning up: An aging population and strong R&D investment will continue to boost industry revenue
IBISWorld’s Instrument Sterilization Product Manufacturing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.
Industry Statistics & Market Size
Annual Growth 15-20
Industry Analysis & Industry Trends
An aging population and continued investment into manufacturing and research and developement will help the industry maintain its pace of growth seen in recent years. Baby boomers are reaching the age where more medical procedures are increasing, thus providing a revenue input from institutions that need to sterilize medical instruments. Healthcare reform will also boost revenue in the future, but profit margins are threatened as the industry loses some pricing power over healthcare providers... purchase to read more
What is the Instrument Sterilization Product Manufacturing industry?
This industry manufactures products that eliminate or destroy living microorganisms for sanitation purposes... purchase to read more
Major products in this industry
AutoclavesEthylene oxide sanitationGas plasma sanitationRadiation
Examples of brands in this Industry
Sterrad (Ethicon Inc.)Attest (3M)EOGas (Anderson Products)Silex (BeliMed)