Global Medical Device Cleaning Market: Snapshot
The global medical device cleaning market is projected to receive a strong push in demand on the back of the soaring focus on sterilization and disinfection in the healthcare industry. This could also be one of the reasons for the towering growth of the disinfection cleaning process. The increase in healthcare expenditure is forecasted to be another important factor propelling the growth of the overall market. Vendors operating in the market could be pampered by auspicious prospects birthing with the surging incidence of hospital-acquired infections (HAIs).
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The global medical device cleaning market is envisioned to earn a valuation of US$1.7 bn by the completion of 2022 from a US$1.3 bn reached in 2017. During the forecast timeframe 2017–2022, the market could progress at a 4.4% CAGR.
Disinfection Cleaning Reaches Pinnacle of Market with Ruling Share
As per the expert analysis presented in the publication, the world medical device cleaning market is prognosticated to be segregated into four segments according to process type, i.e. pre-cleaning, manual cleaning, automatic cleaning, and disinfection cleaning. Although there could be opportunities in each of these markets, the disinfection cleaning market for medical device cleaning is anticipated to be placed first in view of revenue share. By the end of the forecast period, this market by type of product could bag a 39.9% share. On the basis of instrument type, the market could be segmented into surgical instruments, endoscopes, and ultrasound probes.
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All of these crucial segments of the world medical device cleaning market are meticulously and comprehensively assessed in the publication in order to provide a full evaluation of the significant opportunities in the industry. This could help players to place a confident foot forward every time during their journey in the market.
North America Takes Control of Higher Revenue Followed by Europe
According to the analysts, the international medical device cleaning market is prophesied to be classified into six vital geographies, viz. the Middle East and Africa (MEA), North America, Asia Pacific except Japan (APEJ), Latin America, and Europe and Japan. Each of these geographical segments are deeply studied in the publication with a view to offer an all-inclusive evaluation of the performance of the market in different regions of the world.
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Between 2017 and 2022, North America could cement a leading position in the international medical device cleaning market while expanding at a CAGR of 4.6%. Europe is envisaged to lose 47 basis points (BPS) in its market share during the course of the forecast period. Contrastingly, APEJ could gain 29 BPS. However, Europe could tread upon the heels of North America considering its 29.4% share in the market in 2017. Japan and the MEA are predicted to experience a slack in their revenue growth by 2022 end.
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