Fact.MR – a market research and competitive intelligence provider, projects the global medical device cleaning market to have a positive outlook, expanding at a CAGR of above 6% across the 2021-2031 forecast period.
North America Is Set To Account For Around 50% Market Share Over The Decade.
“Growing implementation of prevention measures to curb hospital-acquired infections and deployment of new techniques & materials for medical device cleaning have propelled demand in the market,” says a Fact.MR analyst.
Fact.MR – a market research and competitive intelligence provider, projects the global medical device cleaning market to have a positive outlook, expanding at a CAGR of above 6% across the 2021-2031 forecast period.
Medical device cleaning is a vital and important part of any surgical process. Most medical devices are reused in healthcare procedures, such as scissors, scalpels, retractors, endoscopes, and forceps. To avoid any kind of infection among patients and healthcare workers, medical device need to be sterilized and cleaned properly before using in consequent surgical procedures.
Increasing healthcare expenditure along with medical tourism which will further contribute by generating massive opportunities that will lead to the growth of the market. All these factors create an ideal environment for medical device cleaning across the world, and the market is expected to top a valuation of US$ 2 Bn by 2031.
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Medical device cleaning contains disinfectants and detergents that are used for cleaning and sanitization of medical devices. Various types of chemicals and detergents are used in medical device cleaning according to the type of the device. Glutaraldehyde, enzymatic and non-enzymatic detergents, alcohol, and peracetic acid are widely utilized medical device cleaners around the world.
Government organizations across the globe are involved in issuing guidelines for spreading awareness about efficient infection prevention measures, which is expected to contribute to the growth of the overall market during the forecast period.
Key Takeaways from Market Study
- Global medical device cleaning market to top US$ 2 Bn by 2031
- Disinfection segment projected to reach around US$ 1 Bn by 2031
- Automatic cleaning projected to record around 4% CAGR over the next 10 years
- Market in Japan to record 4% CAGR over the forecast period of 2021- 2031
- China forecast to reach a projected market size above US$ 460 Mn by 2031
- Market in Canada projected to expand at above 3% CAGR over the next 10 years
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Market Competition
Companies leverage strategic collaborative initiatives to increase their market share and profitability. Companies operating in the market are also acquiring start-ups working on medical device cleaning processes to strengthen their product capabilities.
- In 2020, Getinge announced the acquisition of 100% shares of Quadralene. Quadralene is a global manufacturer of, and expert in, decontamination products such as detergents and disinfectants for the healthcare and dental sector.
- In 2019, Fortive completed the acquisition of the Advanced Sterilization Products business segment from Johnson & Johnson, which also includes the STERRAD Sterilization System.
COVID-19 Impact on Medical Device Cleaning Products-
The medical device cleaning market has been damaged by the covid-19 epidemic. The medical equipment industry has not been spared from the pandemic’s effects. Medical device makers, like pharmaceutical businesses, rely heavily on healthcare facilities to obtain data for clinical trials.
Many medical device products must go through a series of pre- and post-market clinical investigations before receiving market authorization certificates. Due of the worldwide pandemic, medical device businesses are finding it harder to make educated judgments regarding their products, supply networks, and regulatory duties as the COVID-19 pandemic continues to spread.
Medical and healthcare departments are operating at full capacity to treat patients as the COVID-19 pandemic spreads. This has led to advancements in technologies and products being used in healthcare. 2021 is projected to be better, with the market regaining its original traction by 2022.
Key Points Covered in Medical Device Cleaning Industry Survey:
- Market Estimates and Forecasts (2016-2031)
- Key Drivers and Restraints Shaping Market Growth
- Segment-wise, Country-wise, and Region-wise Analysis
- Competition Mapping and Benchmarking
- Brand Share and Market Share Analysis
- Key Product Innovations and Regulatory Climate
- COVID-19 Impact on Medical Device Cleaning Product Sales and How to Navigate
- Recommendation on Key Winning Strategies
Key Segments in Medical Device Cleaning Industry Research
- Process
- Disinfection
- Automatic Cleaning
- Manual Cleaning
- Precleaning
- Application
- Medical Device Cleaning of Surgical Instruments
- Medical Device Cleaning of Endoscopes
- Medical Device Cleaning of Ultrasound Probes
- Medical Device Cleaning of Dental Instruments
- End User
- Medical Device Cleaning for Hospitals and Clinics
- Medical Device Cleaning for Diagnostic Centers
- Medical Device Cleaning for Dental Clinics
- Medical Device Cleaning for Ambulatory Surgical Centers
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More Insights Available
Fact.MR, in its new offering, presents an unbiased analysis of the medical device cleaning market, presenting historical demand data (2016-2020) and forecast statistics for the period of 2021-2031.
The study divulges essential insights on the market on the basis of process (disinfection, automatic cleaning, manual cleaning, and precleaning), application (surgical instruments, endoscopes, ultrasound probes, and dental instruments), and end user (hospitals and clinics, diagnostic centers, dental clinics, and ambulatory surgical centers), across seven major regions of the world (North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East & Africa).
Fact.MR’s Domain Knowledge on Healthcare
Our healthcare consulting team guides organizations at each step of their business strategy by helping you understand how the latest influencers account for operational and strategic transformation in the healthcare sector. Our expertise in recognizing the challenges and trends impacting the global healthcare industry provides indispensable insights and support - encasing a strategic perspective that helps you identify critical issues and devise appropriate solutions.
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