Medical Device Cleaning Market to grow by USD 693.37 million from 2022 to 2027

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03 Aug, 2023, 10:12 ET

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NEW YORK, Aug. 3, 2023 /PRNewswire/ -- The medical device cleaning market size is expected to grow by USD 693.37 million from 2022 to 2027, progressing at a CAGR of 5.25% as per the latest Technavio market research report. North America is estimated to account for 33% of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The increasing prevalence of healthcare-associated infections (HAIs) and the growing emphasis on infection control measures are driving the demand for effective cleaning solutions for medical devices in North America. The regional market is marked by the presence of several established competitors offering a variety of cleaning products and services. Key players such as Getinge, 3M, and Ecolab provide healthcare facilities and medical device manufacturers with a range of cleaning solutions in North America. For more insights on the market share of various regions- Download a sample report in MINUTES

Medical Device Cleaning Market: Increasing prevalence of HAIs and need for infection control measures to drive growth.

The increasing prevalence of HAIs and the need for infection control measures is major factor notably driving the market growth. The global medical device cleaning market is experiencing significant growth due to the rising incidence of healthcare-associated infections (HAIs) and the increasing emphasis on infection control measures. HAIs pose substantial risks to patient safety and contribute to higher morbidity and mortality rates. Healthcare facilities are actively implementing infection prevention and control procedures to contain the spread of HAIs. Consequently, there is a high demand for medical device cleaning products and processes that can effectively reduce the risk of HAIs. Manufacturers are responding to this demand by offering improved cleaning methods and products that demonstrate higher efficacy in removing impurities and ensuring the safety of medical devices. As a result of the increasing prevalence of HAIs and the need for infection control measures, the demand for medical device cleaning is expected to rise, driving the growth of the market in focus during the forecast period.

Medical Device Cleaning Market: Growing Preference For Environmentally Friendly and Sustainable Cleaning Solutions

The growing preference for environmentally friendly and sustainable cleaning solutions is an emerging trend shaping the market growth. The global medical device cleaning market is experiencing a growing trend driven by the demand for sustainable and environmentally friendly cleaning solutions. Both equipment manufacturers and healthcare institutions are increasingly conscious of their environmental impact and are seeking cleaning solutions that are less harmful to the environment. This trend is influenced by factors such as legislative pressure, corporate sustainability goals, and consumer preference for eco-friendly practices. Businesses are developing and promoting cleaning products that are biodegradable, utilize renewable resources, have smaller carbon footprints, and generate less waste. For example, 3M offers enzymatic cleaning solutions. Adopting such environmentally friendly cleaning methods not only demonstrates environmental stewardship but also enhances the marketability and reputation of healthcare organizations, leading to the anticipated growth of the market in focus during the forecast period.

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Some of the key Medical Device Cleaning Market Players:

The medical device cleaning market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

3M Co., ASP Global Manufacturing GmbH, B.Braun SE, Ecolab Inc., Envista Holdings Corp., GAMA Healthcare Ltd., Getinge AB, Integra Lifesciences Corp., Metall Zug AG, Mindflow Design, Olympus Corp., Paul Hartmann AG, Ruhof Corp., StarFish Product Engineering Inc., STERIS Plc., Alconox Inc., Berchtold Medical GmbH and Co.KG, Miele and Cie. KG, Solvay SA, and Young Innovations Inc.

What's New? -

Medical Device Cleaning Market: Segmentation Analysis

This market research report segments the medical device cleaning market by the device (Semi-critical, Critical, and Non-critical), technique (disinfection, sterilization, cleaning, and others), and geography (North America, Asia, Europe, and the Rest of the World (ROW)).

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Medical Device Cleaning Market Scope

Report Coverage

Details

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 5.25%

Market growth 2023-2027

USD 693.37 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

4.65

Regional analysis

North America, Asia, Europe, and Rest of World (ROW)

Performing market contribution

North America at 33%

Key countries

US, Canada, Germany, China, and Japan

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of contents

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by Device

7 Market Segmentation by Technique

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

11 Vendor Landscape

12 Vendor Analysis

13 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [email protected]Website: www.technavio.com

SOURCE Technavio

Technavio