Medical Device Cleaning Market worth 1.71 Billion USD by 2022


Posted June 6, 2017 by mmvaidya01

The medical device cleaning market is expected to reach USD 1.71 Billion by 2022 from an estimated USD 1.31 Billion in 2017, at a CAGR of 5.6%.

 
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The growth of the market is mainly driven by the rising incidence of hospital-acquired infections (HAIs), rapidly growing geriatric population, rise in healthcare expenditure, and increasing focus on disinfection and sterilization in the healthcare sector.

By process, the disinfection segment accounted for the largest share of the market in 2016

On the basis of process, the disinfection segment accounted for the largest share of the global medical device cleaning market. This is primarily attributed to the increasing demand for high-level disinfectants & sterilization for heat-sensitive instruments and the increasing effectiveness of disinfectants. The automatic cleaning segment held the second largest share and expected to grow at the highest CAGR during the forecast period.

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By application, surgical instruments held the largest market share in 2016

Based on application, surgical instruments accounted for the largest share of this market. The increasing prevalence and burden of HAIs and chronic diseases, growing geriatric population, and increasing number of surgeries are the major factors driving the use of surgical instruments, which has boosted the demand for effective cleaning and disinfection solutions.

North America dominated the market in 2016

North America accounted for the largest share of the medical device cleaning market in 2016, followed by Europe and Asia-Pacific. Factors such as its well-established healthcare industry, rising prevalence of non-communicable diseases, and increasing volume of surgical procedures are contributing to the large share of North America.

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The rising prevalence of chronic diseases, increasing geriatric population, rising healthcare expenditure, increasing number of surgical procedures, and growing burden of HAIs are majorly contributing to the growth of the European medical device cleaning market, which holds the second-largest market share.

The major players in the global medical device cleaning market are STERIS plc (U.S.), 3M Company (U.S.), Getinge Group (Sweden), Advanced Sterilization Products (U.S.), Ecolab Inc. (U.S.), Metrex Research, LLC (U.S.), Ruhof Corporation (U.S.), Cantel Medical Corporation (U.S.), BODE Chemie Gmbh (Germany), Integra LifeSciences Holdings Corporation (U.S.), Sklr Surgical Instruments (U.S.), Biotrol (U.S.), and Oro Clean Chemie AG (Switzerland).

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Issued By Makarand Vaidya
Country United States
Categories Medical , Research , Science
Tags global medical device cleaning market , medical device cleaning , medical device cleaning industry , medical device cleaning market
Last Updated June 6, 2017