Medical Device Cleaning Market Growing with 5.3% CAGR- Global Analysis And Market Forecasts by 2024

Global Medical Device Cleaning Market has accounted for USD 1.54 billion in 2016 growing at a CAGR of 5.3% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Major market drivers and restraints:

  • Increase ingeriatric population
  • Rise in healthcare expenditure
  • Growth inhospital-acquired infections (HAIs)
  • Focusing more on disinfection and sterilization
  • Rising preference of single use instruments

Global Medical Device Cleaning Market: Market Scenario

The global medical device cleaning market is segmented on the basis of process, type, end-user, and geography.

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On the basis of process the global medical device cleaning market is segmented into presoak, manual cleaning, automatic cleaning and disinfection. In 2016, disinfectant held the largest market share due to its increasing demands and effectiveness towards high-level disinfectants and & sterilization for heat-sensitive instruments. Automatic cleaning is expected with highest CAGR in the forecast period 2017-2024.

On the basis of type the medical device cleaning market is segmented into enzymatic and non-enzymatic detergent.

Based on application, the market is segmented into surgical instruments, endoscope and ultrasound probe. In 2016, surgical instruments accounted the largest market share because of more number of surgeries, rise in geriatric population and growing of HAIs and chronic diseases. Endoscope segment is expected to grow in the forecast period.

Based on end-user the market is segmented into hospitals, clinic and diagnostic centers.

Based on Geography the market is segmented into 5 geographical region:

  • North America
  • South America
  • Europe
  • Asia-Pacific
  • Middle East and Africa

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Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

North America holds the largest share of this market because of its well-developed healthcare industries and rise in surgical treatments. Asia-Pacific is expected to witness the highest CAGR in the forecast period due to healthcare spending and reforms along with growing awareness low labour costs, and favourable regulatory environment.

The Global Medical Device Cleaning Market Report contains an in-depth profiling of the key market players, along with the recent developments (new product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their positions in the market.

Global Medical Device Cleaning Market: Major Competitors:

Some of the major players operating in global medical device cleaning market are 3M (U.S.), Advanced Sterilization Products (U.S.), Ruhof Corporation (U.S.), STERIS plc (U.S.), Getinge AB (Sweden), Ecolab (U.S.), Cantel Medical (U.S.), Metrex Research, LLC (U.S.), BODE Chemie GmbH (Germany), Sklar Surgical Instruments (U.S.), Integra LifeSciences Corporation (U.S.), Oro Clean Chemie AG (Switzerland), Biotrol (U.S.), G9 Chemicals Ltd. (U.K.), Pharmax Limited (U.S.), and Simaxo Chemicals Pvt. Ltd. (India), among others.

 

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