Medical Device Cleaning Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020 – 2030
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
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.
This study provides a particularized anatomy according to the L.E.A.P mechanism
The regional analysis offers market assays across:
The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.
Latest Trends and Cardinal Growth Prospects
The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.
Existing and Future Insights in Growth
The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.
Ascensions in Technology
Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.
The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.
The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.
An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.
The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!
This report is the key to questions such as:
What are the prominent factors that will help in reshaping the market growth?
Which trends have the potential to bring expansive growth for the market?
What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?
Which regions will emerge as champion growth contributors for the market?
Which aspects will serve as game-changers for the market?
What are the latest innovations in the market?
Which factors will hinder the growth of the market?
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