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Market Research Forecasts Sterilization Technologies Market at $5.3 Billion by 2016 Market Research Forecasts Sterilization Technologies Market at $5.3 Billion by 2016(May 08, 2012)
ROCKVILLE, MD -- (Marketwire) -- 05/08/12 -- MarketResearch.com has announced the addition of the new report "Global Markets for Sterilization Technologies," to their collection of Life Sciences market reports. For more information, visit http://www.marketresearch.com/BCC-Research-v374/Global-Sterilization-Technologies-6905491/
Global sales of sterilization capital equipment and filtration consumables were $3.3 billion in 2010 and $3.8 billion in 2011. This market is expected to grow to nearly $5.3 billion by 2016, a compound annual growth rate (CAGR) of 7%.
When used on liquids and gases, the filter sterilization market segment (equipment and consumables) was worth $2.0 billion in 2011 and is projected to reach $3.1 billion by 2016, a CAGR of 9.4%.
Capital equipment purchases for heat sterilization technologies were nearly $1.1 billion in 2011 and are projected to reach $1.3 billion by 2016, at a CAGR of 3.5%.
For more information, visit http://www.marketresearch.com/BCC-Research-v374/Global-Sterilization-Technologies-6905491/
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