Third Party Sterilization Services for Care Providers in the US and Western Europe, Forecast to 2022

NEW YORK, Dec. 17, 2016 /PRNewswire/ -- Hospitals are Increasingly Outsourcing their Surgical Instrument Sterilization - Next Frontier for Disinfection and Sterilization Equipment OEM?

The study covers current and future market trends, drivers, and challenges in outsourcing of hospital sterile processing departments (SPD)/central sterile supply departments (CSSD) to specialized third party vendors. Despite being in the nascent phase, the third party sterilization services market generated total revenue of $1.4 billion in 2015 and is expected to register a CAGR of 11.4% during the 2015 to 2022.

Apart from providing a segment-wise breakdown of market size and market penetration, the study also provides an overview of the current health infrastructure, CSSD resources, and regulatory environment in the countries of scope. A snapshot of key influencers and decision makers driving the adoption of third party services across countries and the different service model innovations adopted by the existing vendors are also provided. It also provides a futuristic strategic overview for D&S equipment manufacturers or OEMs to combat the increasing penetration of sterilization services and dwindling growth opportunities due to a replacement driven equipment market. Effectively, the study provides answers to what is driving the transformation from a product centric to a service-based strategy for the OEMs.

Key competitors in the market include STERIS and Synergy Health, Getinge, Matachana Group, Servizi Italia, Servizi Ospedalieri, Cleanpart Healthcare, Sterience, IHSS, B. Braun Sterilog, BMI Hospital Decontamination Limited, Sterilog Gmbh, Malysse-Sterima, Combi-Ster, Cisa Infection Control, Steritalia, Clordisys Solutions, and Unity Health Trust.
 
The study analyzes the US and Western European market. The scope includes the following countries: the US, Germany, the UK, France, Spain, Italy, Benelux (Belgium, the Netherlands, and Luxembourg) and Scandinavia (Norway, Sweden, Finland, and Denmark).

Key questions the study will answer:
What is the current market size and penetration of third party sterilization services?
What are the different service models operating in the third-party sterilization services market? What are the future directions?
What is driving the transformation of sterilization equipment manufacturers from a product centric to a service-based model of operation?
Who are the key decision makers and influencers in hospitals that are driving the adoption of service-based models?
Are the products/services offered today meeting hospital needs or is additional development needed?
Are the vendors in the space ready to go it alone, or do they need partnerships to take their businesses to the next level?

Read the full report: http://www.reportlinker.com/p04466085-summary/view-report.html

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