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Monday, October 9, 2023

Global Medical Device Cleaning Market is anticipated to grow at a CAGR of 11.1% during 2024 to 2030

The future of the global medical device cleaning market looks promising with opportunities in the hospital and clinic, diagnostic center, and dental hospital and clinic markets. The global medical device cleaning market is expected to reach an estimated $5 billion by 2030 with a CAGR of 11.1% from  2024 to 2030. The major drivers for this market are increasing incidence of healthcare-associated infections (HAIs), growing demand for wide range of surgical procedures to address diverse chronic illnesses and medical conditions, and heightened emphasis by healthcare institutions on disinfection and sterilization practices.

Some of the key questions answered in this exclusive report are:

Q.1. What are some of the most promising, high-growth opportunities for the medical device cleaning market by device (critical, semi-critical, and non-critical), process (disinfection, automatic cleaning, manual cleaning, and presoaking/precleaning), application (surgical instruments, endoscopes, ultrasound probes, dental instruments, and other instruments), end use industry (hospitals and clinics, diagnostic centers, dental clinics and hospitals, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3.  Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6.  What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Market Segmentation:

In this market, surgical instruments, endoscopes, ultrasound probes, and dental instruments are the major segments of medical device cleaning market by application. Lucintel forecasts that surgical instruments will remain the largest segment over the forecast period due to escalating occurrence and impact of HAIs and chronic diseases, coupled with a surge in procedural interventions, serves as the foremost catalysts for the utilization of surgical tools.

Within this market, hospitals and clinics will remain the largest segment over the forecast period because of growing patient tools and rising number of hospitals and clinics in the developed nations.

North America will remain the largest region over the forecast period due to region's robust healthcare infrastructure, stringent infection control regulations within healthcare facilities, and extensive adoption of advanced infection prevention technologies.

Steris, Metrex Research, Cantel Medical Corporation, 3M Company, Getinge Group, Ruhof Corporation, Bode Chemie, Biotrol International, Oro Clean Chemie, and Medline Industries are the major suppliers in the medical device cleaning market.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. 972.636.5056

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