First Analysis private equity / venture capital sectors
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SterilMed Inc.
SterilMed Inc. is one of three leading reprocessors of single-use medical devices, a market expected to grow to $800 million annually. FDA regulation implemented primarily in 2002 prevents hospitals from reprocessing such devices without approvals. SterilMed has the most approvals for reprocessing devices of any company, positioning it to provide the most savings for hospital customers. SterilMed is also the only company with an FDA-cleared, reprocessable compression sleeve that is rented to hospitals.
Website and contact information: www.sterilmed.com