Emphasis on Process (Disinfection, Sterilization, Automatic Cleaning, and Manual Cleaning); Application (Surgical Instruments, Endoscopes, Ultrasound Probes, Dental Instruments, and Other Surgical Instruments); End-User (Hospitals and Clinics, Diagnostic Centers, Dental Clinics and Hospitals, and Others); and Region/Country
The medical device cleaning market is expected to grow at a significant rate of around 5% during the forecast period. Medical device cleaning is a necessary process in every healthcare unit such as manufacturing units, hospitals & clinics, laboratories, etc. to prevent infection. Medical cleaning processes are used in hospitals to obstruct infections and for safety measures to meet medical standards and have wide applications in the healthcare industry. With the rapid increase in hospitalization and rising chronic diseases, the repositioning from the use of reusable medical devices to disposable medical supplies lowers the risk of spreading infection and surgical-site infections (SSIs) are some of the important factors. For instance, as per the 2021 CDC Report, 6 in 10 Americans live with at least one chronic disease. Moreover, the rising number of various surgeries globally is also contributing to the growth of this market during the forecast period. For instance, according to a report published by the American Society of Plastic Surgeons 2020, 15.6 million cosmetic procedures were recorded in 2020, which included around 2.3 million cosmetic surgical and 13.2 million cosmetic minimally invasive procedures.
STERIS, Getinge AB, Ecolab Inc., 3M Company, Sklar Surgical Instruments, Stryker Corporation, Medline Industries LP, MEDALKAN, Contec Inc., MELAG Medizintechnik GmbH & Co. KG. are key players in the market. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products/technologies.
Insights Presented in the Report
“Amongst process, disinfection category to witness robust CAGR during the forecast period”
Based on type, the market is segmented into utility disinfection, sterilization, automatic cleaning, and manual cleaning. Among these, the disinfection cleanings category is to witness a higher CAGR during the forecast period. This is mainly due to the growing elderly population with various chronic diseases & wound treatment procedures, and these cleaning processes are also used to prevent infection from patients and medical staff. Additionally, key market players are concentrating on launching new products with enhanced features in order to increase sales and strengthen their position in the market. For instance, in June 2020, Novozymes launched Remify Everis 100 L, a unique and advanced enzyme solution for cleaning surgical instruments and devices.
“Amongst application, the surgical instruments to hold a significant share in the market in 2020”
On the basis of drive type, the market is categorized into surgical instruments, endoscopes, ultrasound probes, dental instruments, and other surgical instruments. Among these, surgical instruments to hold a considerable share in the market in 2020. This is mainly due to the rising uses of medical devices in the treatment and diagnostic of chronic diseases, infectious diseases, and many laboratory tests of various diseases. These factors drive the medical device cleaning market growth rate during the forecast period. For instance, according to the Center for Diseases Control and Prevention, in May 2021, approximately 75% of Urinary tract infections (UTIs) acquired in the hospital are linked to a urinary catheter.
“Amongst end-user, the hospitals and clinics to hold a significant share in the market in 2020”
On the basis of end-user, the market has been classified into hospitals and clinics, diagnostic centers, dental clinics and hospitals, and others. Among these, the hospitals & clinics segment is anticipated to grow at a rapid rate in the upcoming years owing to the increasing patient pool to get treatment in hospitals mainly due to the well-established healthcare infrastructure, and presence of highly skilled healthcare professionals. Furthermore, the presence of several advanced types of equipment in hospitals, such as surgical instruments, gloves, face masks, blood bags, needles, and others that can increase the number of medical disposables is also one of the reasons why hospitals and clinics dominate the segment over the forecast period. For instance, according to January 2022 data by the American Health Association, there were approximately 33.5 million hospital admissions in 2020.
“North America to hold a significant share in the market”
for a better understanding of the market adoption of the medical device cleaning industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S, Canada, and the Rest of North America), Europe (Germany, France, Spain, United Kingdom, Italy, and Rest of Europe), Asia-Pacific (China, India, Australia, Japan, and Rest of APAC), Rest of World has been conducted. North America grabbed a significant market share of this market in 2020. This is mainly due to the rising number of various surgeries, and the prevalence of chronic diseases. For instance, as per the research study titled “Endoscopy’s Current Carbon Footprint” published in the Techniques and Innovations in Gastrointestinal Endoscopy January 2021, over 18 million endoscopy procedures are performed in the United States alone each year. Moreover, major factors such as favorable government initiatives, increased number of patients, and growing awareness regarding infection control in medical and healthcare fields are some major factors contributing to the domination of North America in the global medical device cleaning market during the forecast period.
Reasons to buy this report:
Customization Options:
The medical device cleaning market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.
1. Market Introduction
2. Research Methodology Or Assumption
3. Market Synopsis
4. Executive Summary
5. Impact Of Covid-19 On The Medical Device Cleaning Market
6. Medical Device Cleaning Market Revenue (usd Bn), 2020-2028f
7. Market Insights By Process
8. Market Insights By Application
9. Market Insights By End-user
10. Market Insights By Region
11. Medical Device Cleaning Market Dynamics
12. Medical Device Cleaning Market Opportunities
13. Medical Device Cleaning Market Trends
14. Demand And Supply-side Analysis
15. Value Chain Analysis
16. Competitive Scenario
17. Company Profiled
18. Disclaimer
Research Methodology for the Medical Device Cleaning Market Analysis (2022-2028)
Analyzing the historical market, estimating the current market, and forecasting the future market of the medical device cleaning market were the three major steps undertaken to create and analyze the adoption of medical device cleaning services in major regions globally. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the medical device cleaning market. Post assumption and validation of market numbers through primary interviews, we employed a top-down/bottom-up approach to forecasting the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments of the industry pertains to. Detailed methodology is explained below:
Analysis of Historical Market Size
Step 1: In-Depth Study of Secondary Sources:
Detail secondary study was conducted to obtain the historical market size of the medical device cleaning market through company internal sources such as annual reports & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.
Step 2: Market Segmentation:
After obtaining the historical market size of the medical device cleaning market, we conducted a detailed secondary analysis to gather historical market insights and share for different segments & sub-segments for major regions. Major segments are included in the report as a process, application, and end-user. Further country-level analyses were conducted to evaluate the overall adoption of testing models in that region.
Step 3: Factor Analysis:
After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of the medical device cleaning market. Further, we conducted factor analysis using dependent and independent variables such as various process, application, and end-users of medical device cleanings. A thorough analysis was conducted for demand and supply-side scenarios considering top partnerships, mergers and acquisitions, business expansion, and product launches in the medical device cleaning market sector across the globe.
Current Market Size Estimate & Forecast
Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the medical device cleaning market, and market shares of the segments. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.
Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., the top-down/bottom-up approach were applied to arrive at the market forecast for 2028 for different segments and sub-segments across the major markets globally. The research methodology adopted to estimate the market size encompasses:
Market Size and Share Validation
Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.
Split of Primary Participants in Different Regions
Market Engineering
The data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers for each segment and sub-segment of the medical device cleaning market. Data was split into several segments & sub-segments post studying various parameters and trends in the areas of process, application, and end-user in the medical device cleaning market.
The main objective of the Medical Device Cleaning Market Study
The current & future market trends of the medical device cleaning market were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments on the qualitative and quantitative analysis performed in the study. Current and future market trends determined the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit from a first-mover advantage. Other quantitative goals of the studies include:
Customers who bought this item also bought
Antibiotic Resistance Market: Current Analysis and Forecast (2024-2032)
Emphasis on Disease Type (Urinary Tract Infections, Intra-Abdominal Infections, Blood Stream Infections, Clostridium Difficile Infections, And Others); Pathogen Type (Acinetobacter baumannii, Pseudomonas aeruginosa, Staphylococcus aureus, Streptococcus pneumoniae, and Others); Drug Class (Oxazolidinones, Lipoglycopeptides, Tetracyclines, and Others); and Region/Country
October 8, 2024
