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.

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.

Request for Analysis of COVID-19 Impact on Medical Device Cleaning Market – https://www.transparencymarketresearch.com/covid19.php

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.

Request Brochure of Medical Device Cleaning Market Report - https://www.transparencymarketresearch.com/brochure.php

• 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.

Purchase the Medical Device Cleaning Market Report - https://www.transparencymarketresearch.com/checkout.php

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. 

Browse More Press Release - https://www.transparencymarketresearch.com/press-releases.htm

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:

Implantable Medical Devices Market: According to the report, the global implantable medical devices market was valued at US$ 37,700.8 Mn in 2018 and is anticipated to expand at a CAGR of 4.6 % from 2019 to 2027. In terms of volume, the global implantable medical devices were accounted at 10,712,732 units in 2018. Increase in prevalence of coronary arterial diseases (CADs), rise in demand for minimally invasive procedures and rise in geriatric population are projected to drive the global market during the forecast period.

Medical Imaging Phantoms Market: The global medical imaging phantoms market is prognosticated to project a moderate CAGR of 3.6% within the forecast period from 2018 to 2026. In 2017, the medical imaging phantoms market was valued around worth of US$ 131.2 Mn. This figure is likely to reach around US$ 180.0 Mn by the end of 2026.

Pediatric Medical Devices Market: According to the report, the global pediatric medical devices market was valued at US$ 21,000 Mn in 2017 and is projected to expand at a CAGR of 8.0% from 2018 to 2026. Rise in prevalence of chronic diseases such as diabetes, cardiovascular diseases, and others drive the global market.

Browse Our Latest Reports - https://www.transparencymarketresearch.com/latest.htm

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision."

Browse More Upcoming Reports by Transparency Market Research: https://www.transparencymarketresearch.com/upcoming.htm

Contact

Mr. Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
USA - Canada Toll Free: 866-552-3453
Email: [email protected] 
Press Release Source: https://www.transparencymarketresearch.com/pressrelease/medical-device-cleaning-market.htm 
Website: https://www.transparencymarketresearch.com/

SOURCE Transparency Market Research