Oct 14, 2020   SOURCE: PR NewsWire

Medical Device Cleaning Market to Prosper on Back of Numerous Norms and Government Regulations on Reprocessing of Medical Devices: TMR

ALBANY, N.Y., Oct. 14, 2020 /PRNewswire/ -- A large number of medical devices, notably including scalpels, scissors, retractors, forceps, and endoscopes, are reused after properly cleaning with chemicals and detergents. The reprocessing mainly consists of pre-cleaning, cleaning, disinfecting, and sterilizing, and healthcare providers need to meet the various norms and regulations that are updated from time to time.

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The versatility of chemicals has helped the segment gather leading shares in the medical device cleaning market, spurring the demand for aldehydes, alcohol, chlorine based disinfectants, hydrogen peroxide, peracetic acid, and quaternary ammonium compounds. Of all, aldehydes are the most popular.

Analysts at TMR project the medical device cleaning market to expand at a CAGR of ~5% from 2019 to 2027, and reach worth of ~US$ 3.2 Bn by 2020-end.

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Over the past couple of decades, relentless focus on preventing nosocomial infections or HAIs has helped propel sales in the medical device cleaning market. The researchers further concur that medical device manufacturers will take active part in updating guidelines and standards for cleaning and sterilization.

Key Findings of Medical Device Cleaning Market Report

    --  Of the various product types, chemicals are expected to account for the
        major market share during the forecast period
    --  Automatic cleaning is a lucrative segment in medical device cleaning
        market based on process
    --  The aforementioned segment is expected to rise at prominent share
    --  Of the various applications, surgical instruments was a promising share
        in 2018
    --  The endoscope is expected to rise at rapid CAGR during 2019 - 2027
    --  North America held the leading market share in 2018
    --  Europe is the second-leading geographical segment
    --  Asia Pacific is expected to expand at promising CAGR during 2019 - 2027
    --  The automatic segment is expected to account for ~63% share in the
        market by the end of 2027

Explore 180 pages of top-notch research, incisive insights, and detailed country-level projections on Medical Device Cleaning Market (Product: Detergents and Chemicals; Process: Manual Cleaning and Automatic Cleaning; Application: Surgical Instruments, Ultrasound Probes, Endoscopes, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 - 2027 at https://www.transparencymarketresearch.com/report-toc/30965

Medical Device Cleaning Market: Key Driving Factors and Promising Avenues

    --  Focus on reducing the prevalence of HAIs in ambulatory clinics, surgical
        centers, hospitals has also propelled the demand for better medical
        device cleaning processes.
    --  Rise in number of surgeries that adopt single-use devices is a key
        factor spurring the sales of disinfectants and chemicals in the medical
        device cleaning market.
    --  Numerous regulatory agencies have been actively updating norms and
        regulations pertaining to medical device cleaning. A case in point is
        the efforts being made by the American Society of Testing and Materials
        (ASTM) to update regulations regarding equipment design, documentation,
        sampling, and analytical techniques concerned with surgical equipment
        and accessories.

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    --  The ASTM has been proactive in updating the standards, and medical
        device makers are keen on getting approval. This has boosted the
        generation of new avenues in the market.
    --  Strides made in therapeutics and diagnostics has paved way for the use
        of delicate medical devices, thereby intensifying the need for proper
        cleaning to avoid cross-contamination.
    --  Rise in minimally invasive cosmetic procedures has also spurred the
        demand.
    --  Per the US Center for Disease Control and Prevention, 1.7 million
        hospitalized patients annually acquire health care-associated
        infections.

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Medical Device Cleaning Market: Regional Assessment

    --  North America held the top share in the medical device cleaning market.
        The rapid and early uptake of cleaning agents in the healthcare
        institutions in the economies of North America spur its prospects.
    --  Europe has also been a remarkably lucrative regional market, and its
        growth is underpinned by presence of numerous prominent medical device
        manufacturers.
    --  Asia Pacific is expected to rise at promising CAGR during 2019 - 2027.
        The demand for medical device cleaning products is especially fueled by
        the rise in hospital admissions due to brain injuries and cancer.
    --  Prominently lucrative regional markets are expected to see spurt in
        launches of innovative products.
    --  Latin America and the Middle East and Africa are expected to present
        revenue streams to stakeholders. The growth is underpinned by the rising
        healthcare investments.

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The Medical Device Cleaning market has been segmented as follows:

Medical Device Cleaning Market, by Product

    --  Detergents
    --  Chemicals
        --  Aldehydes
        --  Hydrogen Peroxide
        --  Alcohol
        --  Chlorine-based Disinfectant
        --  Peracetic Acid
        --  Quaternary Ammonium Compound

Medical Device Cleaning Market, by Process

    --  Manual Cleaning
    --  Automatic Cleaning

Medical Device Cleaning Market, by Application

    --  Surgical Instruments
    --  Ultrasound Probes
    --  Endoscopes
    --  Others

Medical Device Cleaning Market, by Region

    --  North America
        --  U.S.
        --  Canada
    --  Europe
        --  Germany
        --  France
        --  U.K.
        --  Italy
        --  Spain
        --  Rest of Europe
    --  Asia Pacific
        --  China
        --  Japan
        --  India
        --  Australia & New Zealand
        --  Rest of Asia Pacific
    --  Latin America
        --  Brazil
        --  Mexico
        --  Rest of Latin America
    --  Middle East & Africa
        --  GCC Countries
        --  South Africa
        --  Rest of Middle East & Africa

Explore Transparency Market Research's award-winning coverage of the global Healthcare Industry:

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