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Research report explores the medical device cleaning market worth 1.71 billion USD by 2022

Research report explores the medical device cleaning market worth 1.71 billion USD by 2022

Objectives of the study To define, describe, and forecast the instrument cleaning and disinfection market on the basis of process, application, and region To provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges) To strategically analyze micromarkets1 with respect to the individual growth trends, future prospects, and contributions to the overall market To analyze the opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders To forecast the size of the market segments with respect to three main regions, namely, North America, Europe, and the Rest of the World (RoW) To strategically profile the key players and comprehensively analyze their market shares and core competencies2 in the global instrument cleaning and disinfection market To track and analyze competitive developments such as partnerships, agreements, collaborations, mergers & acquisitions, product developments, and geographical expansions in the global instrument cleaning and disinfection market

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The report "Medical Device Cleaning Marketby Process (Presoak, Manual Cleaning, Automatic Cleaning, Disinfection) Type (Enzymatic & Non-enzymatic Detergent) Application (Surgical Instruments, Endoscope, Ultrasound Probe) - Global Forecast to 2022", 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%.

Browse 158 market data tables and 34 figures spread through 195 pages and in-depth TOC on "Medical Device Cleaning Market by Process (Presoak, Manual Cleaning, Automatic Cleaning, Disinfection) Type (Enzymatic & Non-enzymatic Detergent) Application (Surgical Instruments, Endoscope, Ultrasound Probe) - Global Forecast to 2022"
www.marketsandmarkets.com/Market-R…ket-39633818.html

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. However, increased preference for single-use instruments due to concerns regarding the safety of reprocessed instruments is expected to restrain the growth of this market to a certain extent during the forecast period.

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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.

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.

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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