Market Research Future (MRFR) has published a cooked research report on the “Medical Instruments Disinfection Market” that contains information from 2019 to 2032. The Medical Instruments Disinfection Market is estimated to register a CAGR of 7.00% during the forecast period of 2024 to 2032.
MRFR recognizes the following companies as the key players in the global Medical Instruments Disinfection Market— 3M (U.S.), STERIS (U.S.), Steelco S.p.A. (Italy), Schülke & Mayr GmbH (Germany), O&M Halyard (U.S.), Bergen Group of Companies (India), Ecolab (U.S.), Tristel Plc (U.S.), Belimed (Switzerland), ASP (U.S.).
Medical Instruments Disinfection Market Highlights
The Global Medical Instruments Disinfection Market is accounted to register a CAGR of 7.00% during the forecast period and is estimated to reach USD 3.95 billion by 2032.
The surge in COVID-19 cases globally led to increased utilization of medical devices such as stethoscopes, ventilators, nebulizers, endoscopes, imaging machines, infusion equipment, pulse oximeters, and others. This heightened usage underscored the critical need for effective medical device cleaning solutions to mitigate the risk of cross-contamination. This is driving the global Medical Instruments Disinfection market.
Segment Analysis
The global Medical Instruments Disinfection Market has been segmented based on Type, Environmental Protection Agency Classification, Product Type, End User, and Distribution Channel.Based on Type, the market is segmented into Wipes, Liquid, and Sprays. The Sprays segment was attributed to holding the largest market share in 2023. Sprays are portable and hand-operated, which makes them a preferable solution for disinfecting medical devices. Healthcare personnel can just as quickly use the disinfection spray on different kinds of tools as well as lower the possibility of time needed for sterilization and cleaning.
Based on the Environmental Protection Agency Classification, the Medical Instruments Disinfection Market has been segmented into Low Level, Intermediate Level, and High Level. The Intermediate Level segment was expected to hold the largest market share in 2023. Intermediate disinfectants are chemical agents that work together to kill resistant microbes that are tuberculocidal. One of the simplest sterilization procedures comes with the use of an intermediate-level disinfectant in the form of water-based phenolics, quat and alcohol blends, bleach, and hydrogen peroxide blends. Infection transmission due to the gradual rise in the occurrence of HAIs and the spreading of contagious diseases is driving the market development.
Based on the Product Type, the Medical Instruments Disinfection Market has been segmented into Disinfectors and Others. The Disinfectors segment was expected to hold the largest market share in 2023. Patient safety is one of the main priorities for healthcare institutions. Instruments that have been properly disinfected limit the chances of cross-infection and the spread of the infections to other patients. A proportional increase in the number of hospitals, clinics, and ambulatory surgical centers opened or improved will result in a corresponding demand for appropriate disinfection techniques to maintain hygiene standards.
Based on the End User, the Medical Instruments Disinfection Market has been segmented into Hospitals, Medical Device Manufacturers, Pharma Manufacturers, and laboratories. The Hospitals segment was expected to hold the largest market share in 2023. Hospitals are working hard to avoid healthcare-associated infections (HAIs) as these infections are grave concerning patient safety and may result in financial losses due to increased healthcare costs. The effective disinfection of medical devices is often key to lowering the spread of germs in healthcare settings.
Based on the Distribution Channel, the Medical Instruments Disinfection Market has been segmented into Tender and Over the Counter. The Over-the-Counter segment was expected to hold the largest market share in 2023. The home care industry is becoming more and more popular; thus, people are now taking charge of managing their illnesses and diseases inside their homes. This involves the assessment of blood pressure and the use of medical devices, including blood pressure monitors and glucometers. The hypermarkets and supermarkets segment thrives on its comprehensive product offerings, presenting a convenient shopping experience for consumers interested in Medical Instruments Disinfections. This integrated shopping environment encourages customers to explore and purchase medical instruments and disinfectants alongside their other grocery needs, thereby boosting sales within this segment.
Browse In-depth Market Details [Table of Content, List of Figures, List of Tables] of Medical Instruments Disinfection
Regional Analysis
The global Medical Instruments Disinfection Market, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America consists of the US and Canada. The European Medical Instruments Disinfection Market comprises Germany, France, the UK, Italy, Spain, and the rest of Europe. The Medical Instruments Disinfection Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World's Medical Instruments Disinfection Market comprises the Middle East, Africa, and Latin America.
The largest market share for the Medical Instruments Disinfection Market was maintained by the North American regional sector due to the rising prevalence of chronic disorders and hospital-acquired infections. The Centers for Disease Control and Prevention asserts that in the hospital's May 2021 statistics, about 75% of UTIs acquired in the hospital were associated with a urinary catheter. The increasing number of urinary catheters used is 15-25 percent of all hospitalized patients during their stay. Furthermore, in the United States, 30,389 hospital-acquired central line-associated bloodstream infection cases were reported for the year 2021. It is also important to note that an increasing number of patients and demand cause market growth.
Moreover, the Europe market has been persistently growing over the forecast period. The European countries commonly spend large amounts of their budgets on healthcare. In 2022, social security and health (expressed in %GDP) stood at 8.1% After the EU, reflecting a decline of 0.4 pp (from 8.5% in 2021). Among the 24 EU countries for which 2022 estimates are available, social protection sickness and healthcare expenditure was highest in France (10.0% of GDP), Germany (9.7%), Slovenia (8.6%), Austria (8.5%) and Belgium (7.8%), while it was lowest in Bulgaria (4.2%), Ireland (4.6%), Hungary, Lithuania (both 4.7%) and Estonia (4.8%). As the population is aging and the demand for healthcare increases, so does the demand for healthcare disinfection products and services.
The Asian Pacific is forecasted to be the fastest region in growth due to the region’s substantial outsourcing presence, high healthcare spending, and the immense growth of healthcare standards and infrastructures. Total expenditure on social services is all occupied by health expenditure. In FY19 it was 21%, but in FY23 the number grew to 26 percent (be). Central and state governmental budget allocation on health has increased to 2.1% of GDP in FY23 (BE) and to 2.2% in FY22 (RE), against 1.6% in FY21. However, COVID-19's emergence and the spread of communicable diseases are pushing the expansion of the market in this region. Among the pivotal factors for market expansion is the presence of both various volunteer and government organizations whose mission is to set up high infection control standards.
Furthermore, the rest of the world's Medical Instruments Disinfection Market is divided into the Middle East, Africa, and Latin America. The economies in these areas grow, which contributes to additional spending on healthcare services. The UAE 2022 federal budget of USD 15.8 billion (AED 58.921 billion) allocated for public expenditure sets aside 8.4% for healthcare, which is the demand of the country. This means that money allocated to healthcare facilities can be channeled more to the prevention and control of infections by investing in advanced disinfection technologies for medical instruments.
Key Findings of the Study
The global Medical Instruments Disinfection Market is expected to reach USD 3.95 billion by 2032, at a CAGR of 7.00% during the forecast period.The Asia-Pacific region accounted for the fastest-growing global market because of the increasing healthcare expenditure and growing initiatives to promote the use of advanced medical device cleaning technologies in the Asia-Pacific countries.Based on Type, the Sprays segment was attributed to holding the largest market in 2023, with an approximate market share of 55–60%.3M (U.S.), STERIS (U.S.), Steelco S.p.A. (Italy), Schülke & Mayr GmbH (Germany), O&M Halyard (U.S.), Bergen Group of Companies (India), Ecolab (U.S.), Tristel Plc (U.S.), Belimed (Switzerland), ASP (U.S.) are the key market players.
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Base Year | 2021 |
Companies Covered | 15 |
Pages | 128 |
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