About Laboratory Sterilizers
Laboratory sterilizers are used to disinfect or sterilize medical instruments, pharmaceutical components, and other laboratory equipment. These products are an integral part of any healthcare or medical facility to control infection as medical devices and other commonly used instruments get contaminated after the use and require frequent disinfection. Laboratory sterilizers differ in size, function, and technology employed based on their end-user and application. They may be small tabletop heat sterilizers commonly found in dental clinics, or large industrial steam autoclaves.
Technavio’s analysts forecast the global laboratory sterilizers market to grow at a CAGR of 7.28% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global laboratory sterilizers market for 2016-2020. To calculate the market size, the report considers the revenue generated by the sales of products of different technologies for sterilization at their retail prices.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Laboratory Sterilizers Market 2016-2020
Technavio recognizes the following companies as the key players in the global laboratory sterilizers market: Astell, Belimed, Getinge, STERIS, and Tuttnauer.
Other Prominent Vendors in the market are: Advanced Sterilization Products, Amerex Instruments, Benchmark Scientific, BMM Weston, Cantel Medical, Carolina Biological Supply, Cisa Production, Cole-Parmer, LTE Scientific, Matachana, Medisafe International, MELAG, Nordion, Panasonic Biomedical, Priorclave, Thermo Scientific, and Yamato Scientific.
Commenting on the report, an analyst from Technavio’s team said: “Development of smarter equipment will be a key trend for market growth. With the advancements in technology, laboratory sterilizers are becoming smarter and more flexible, allowing them to efficiently function with minimum human input. These sterilizers can also be integrated to work in tandem with other devices or instruments in the lab. Products such as the CertoClave Essential have improved connectivity and allow data logging and remote monitoring of equipment functions and results. Monitoring the function of these equipment also allows predictive maintenance and easier troubleshooting, ultimately leading to better yield and longer life of the equipment.”
According to the report, rapid growth of e-commerce will be a key driver for market growth. The rapid growth of the e-commerce industry over the past couple of years has led to a whole new world of opportunities for laboratory equipment manufacturers with respect to supply and expansion. With almost 35% of the global sales and orders of laboratory equipment coming through e-commerce retailers, this channel has certainly contributed to the growth of the global laboratory sterilizers market over the past couple of years. The global e-commerce industry is expected to grow at a CAGR of over 15% through the next five years. E-commerce has enabled manufacturers to cater to new regions and has also simplified distribution. This trend is expected to make the market more accessible for vendors.
Further, the report states that limited success of promotional activities will be a challenge for the market. The nature of the product, coupled with the niche end-user market, makes it difficult for vendors to market these products. Unlike other testing equipment, the brand and product visibility have a limited role in the sale of laboratory sterilizer devices. Emphasis is given on improving the distribution network and increasing the availability of the products to the end-users. Advertising and marketing of these products is restricted to search engines and other online media due to low return on investment and limited visibility of other media. This category of products leverages the functionality, accuracy, and after-sales services to push products, whereas marketing communication takes a backseat.
Astell, Belimed, Getinge, STERIS, Tuttnauer, Advanced Sterilization Products, Amerex Instruments, Benchmark Scientific, BMM Weston, Cantel Medical, Carolina Biological Supply, Cisa Production, Cole-Parmer, LTE Scientific, Matachana, Medisafe International, MELAG, Nordion, Panasonic Biomedical, Priorclave, Thermo Scientific, Yamato Scientific.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook