Medical Device Cleaning Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020 – 2030

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Medical Device Cleaning Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020 – 2030

Status : February, 2023 | Medical Devices

Report Digest

Medical Device Cleaning Market: Overview

The medical device cleaning market is predicted to rise at a stupendous growth rate over the forecast period from 2020 to 2030. The growth of the medical device cleaning market is primarily attributed to hospital-acquired infections due to hospitalization for diseases such as bloodstream infection, pneumonia, urinary tract infection, surgical site infection, and methicillin-resistant staphylococcus aureus. Besides this, catheter-related UTIs, catheter-related bloodstream infections, and ventilator associated pneumonia are some other causes of hospital-acquired infections.

Key parameters based on which the medical device cleaning market is divided are device, technique, EPA, and region.

The report provides an exhaustive analysis of the medical device cleaning market for the 2020 -2030 forecast period covering demand dynamics, trends, opportunities, and competitive landscape.

Medical Device Cleaning Market: Competitive Landscape

The medical device cleaning market features an intensely competitive vendor landscape with the presence of large companies that hold sizeable chunk of the revenue. R&D for new product launch, innovative cleaning techniques are some organic growth strategies key players in the medical device cleaning market in the region are engaged in. For example, in April 2020, the US FDA provided approval for Steris-V-PRO 1 Plus, maX low-temperature, and maX2 sterilization systems for the decontamination of approximately 750,000 N95 respirators and masks in hospitals each during COVID-19. Such initiatives are favorable to consolidate the position of the manufacturing company in the medical device cleaning market.

Prominent players in the medical device cleaning market include

  • Steris plc.
  • Advanced Sterilization Products
  • Sklar Surgical Instruments
  • Biotrol
  • Oro Clean Chemie AG
  • GetingeAB
  • The Ruhof Corp.
  • Sterigenics International LLC
  • Metrex Research LLC
  • Cantel Medical

Medical Device Cleaning Market: Key Trends

The mounting concerns of the entire healthcare industry and public health agencies due to hospital-acquired infections, mostly associated with contaminated medical devices is creating vast opportunities in the medical device cleaning market. Hospital acquired infections affect patient recovery considerably, and has a major impact on mortality rate world over. To prevent this, medical devices, medical equipment, hospital beds, and other patient care objects need to be thoroughly sanitized using disinfectants before they can be continued to use or reuse.

Among a slew of hospital acquired infections, reuse of urinary catheters is a major cause of urinary tract infections (UTIs), which can further develop into catheter-associated urinary tract infection. According to a report published by the National Nosocomial Infection Surveillance, catheterization and catheter-associated bacteriuria accounts for nearly 40% hospital-acquired infections in the U.S. every year. Such high number of hospital-acquired infections needs to be prevented by employing laid-down medical device cleaning techniques with the use of trusted disinfectants.

Medical Device Cleaning Market: Regional Assessment

North America held the leading share of the medical device cleaning market in the recent past. Key players in the medical device cleaning market in the region are engaged in strategic collaborations to expand their product portfolio and infection control capabilities, thus, resulting them to acquire larger revenue share of the overall market. Besides this, favorable reimbursement policies and stringent government regulations that mandate hospitals, clinics, and health centers to adhere to specified cleaning and hygiene practices is widening the expanse of medical device cleaning market in the region.

Asia Pacific is anticipated to emerge as the fastest rising regional medical device cleaning regional market in the near future. The strong presence of outsourcing organizations, rising healthcare expenditure, and notable evolution of healthcare infrastructure and healthcare standards account for growth in the medical device cleaning market in the region. The outbreak of COVID-19 with a large number of countries in the region affected by the pandemic has led to unparalleled growth in the medical device cleaning market of the region.

The reports at TMR Research provide qualitative solutions that break the barriers of doubt or uncertainties when the stakeholders plan to expand their growth reach. The researchers compile the necessary information that enlightens the CXOs about the current growth opportunities in a specific market and enables them to make the most of the opportunities.

TMR Research is a leader in developing well-researched reports. The expertise of the researchers at TMR Research makes the report stand out from others. TMR Research reports help the stakeholders and CXOs make impactful decisions through a unique blend of innovation and analytical thinking. The use of innovation and analytical thinking while structuring a report assures complete and ideal information of the current status of the market to the stakeholders.

TMR Research has rich experience in developing state-of-the-art reports for a wide array of markets and sectors. The brilliance of the experts at TMR Research and their alacrity to conduct thorough research and create phenomenal reports makes TMR Research better than others.

5-Point Growth Formula

The 5-point growth formula developed by TMR Research provides an insight to the stakeholders and CXOs about the current situation in the market. The growth formula makes the report a perfect companion for the stakeholders and CXOs.

The 5-point growth formula includes the following points:

  • Current and Future Threats
  • Accurate Trend Analysis
  • Regional Assessment
  • Industrial Analogy
  • COVID-19 Impact

Current and Future Threats

Along with studying the opportunities necessary for growth, threats are also an important aspect to look upon for the companies and stakeholders in a specific sector. TMR Research studies every negative aspect that will hinder the growth of a specific area of business and includes it in the report. The stakeholders and CXOs will have the benefit of assessing the threat and take the necessary steps to prevent the hindrance caused due to the threats.

Accurate Trend Analysis

Keeping up with the latest trends is crucial in any business or sector. While stakeholders are aware of the trends that are on the surface, TMR Researchers find trends that are deeply entrenched in the particular market or sector. The reports are constantly updated with the latest trends so that the stakeholders and CXOs can derive benefits from the trends and generate good revenues.

Regional Assessment

Demography forms an important part of the growth pattern of all the markets. Diving deep into the demographics enables maximum output from specific areas. The TMR Research team assesses every region and picks out the vital points that have a large impact on the growth of a market.

Industrial Analogy

The analysts at TMR Research conduct an all-round analysis on the competitive landscape of the market. The observations recorded by the analysts are added to the reports so that every stakeholder gets a glimpse of the competitive scenario and frame their business plans according to the situation.

COVID-19 Impact

The COVID-19 outbreak has changed the growth projections of numerous sectors and businesses. The analysts at TMR Research have conducted a conscientious survey on the markets after the pandemic struck. The analysts have put forth their brilliant and well-researched opinions in the report. The opinions will help the stakeholders to plan their strategy accordingly.

The reports offer answers to the top 7 questions that revolve around the growth of the market

  • What are the diverse growth parameters influencing the market?
  • Which regions will contribute largely to the growth of the market
  • What are the recent innovations and technological advancements in the market?
  • What are the emerging trends across the market?
  • How has COVID-19 affected the market?
  • What will be the post-pandemic scenario of the market?
  • What are the major threats that will dent the growth prospects of the market?