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Medical Device Cleaning Market Size, Share, Trends, Growth And Forecast To 2032

05-23-2024 03:20 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ABNewswire

Medical Device Cleaning Market Size, Share, Trends, Growth

Medical Device Cleaning Market By Device (Non-critical, Semi-critical, Critical), By Technique (Cleaning, Disinfection, Sterilization), By EPA Classification (High Level, Intermediate Level, Low Level) - Growth, Share, Opportunities & Competitive Analysis, 2024 - 2032
The market for cleaning medical devices [https://www.acutemarketreports.com/report/medical-device-cleaning-market] is anticipated to expand at a CAGR of 11.5% during the forecast period of 2024 and 2032. This growth will be fueled by the rising demand for cleaning non-critical devices, the increasing significance of sterilization methods, and technological developments in EPA classifications. However, the difficulties associated with sterilizing critical devices pose a significant obstacle. The market is segmented according to cleaning technique, device type, and EPA classification, which identifies distinct revenue and CAGR leaders and reflects the industry's diverse dynamics. Geographically, the Asia-Pacific region and North America emerge as significant growth drivers. The competitive environment reveals prominent entities utilizing diverse tactics to maintain their market standings. The aforementioned trends are anticipated to influence the course of the medical device cleansing market from 2024 to 2032, presenting industry stakeholders with both prospects and obstacles.

In 2023, the increasing need for cleaning non-critical medical devices arose as a decisive factor. Healthcare establishments, such as outpatient clinics and ambulatory care centers, placed a high priority on the sanitation of non-critical equipment to uphold infection control protocols. This pattern was apparent in the augmented sales of cleaning solutions that were specifically formulated for non-critical devices, as exemplified by organizations such as Ecolab. A surge in the adoption of cleansing products for non-critical devices, which indicates a greater emphasis on maintaining a hygienic healthcare environment, is among the indicators that support this driver.

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Sector growth was substantially influenced by the increasing significance of sterilization methods in the medical device cleansing procedure. Critical medical devices were the focus of companies such as STERIS Corporation which capitalized on the demand for sophisticated sterilization solutions in 2023. The effectiveness of sterilization methods, such as ethylene oxide sterilization, in eradicating microbial contamination propelled them to prominence. Increased investments in sterilization technologies and a surge in the adoption of sterilization services by healthcare facilities, motivated by a concern for patient safety, provide evidence in support of this driver.

Market expansion was facilitated by Environmental Protection Agency (EPA) classification improvements for cleaning solutions. Companies including 3M introduced novel high-level disinfectants in 2023, which adhered to rigorous EPA classifications. Hospital preferences were impacted by the development of advanced disinfectants that exhibited improved effectiveness against a wide range of pathogens. This is supported by evidence such as a discernible trend among healthcare providers towards high-level EPA-classified cleaning solutions, which they utilized to disinfect medical devices thoroughly.

Despite favorable trends, the market for cleansing medical devices encountered a significant downturn in 2023. Healthcare facilities encountered difficulties when it came to the sterilization of critical medical devices, particularly complex instruments and equipment. Organizations such as Cantel Medical faced challenges in the development of sterilization techniques that are universally effective for critical medical devices, which raised concerns about the potential for infections. The rationale for this limitation is substantiated by accounts of occurrences in which traditional sterilization techniques were found to be inadequate in safeguarding complex critical apparatus, thereby casting doubt on the safety of sterilization procedures as a whole.

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By device type, the market for medical device cleansing is divided into non-critical, semi-critical, and critical segments. In 2023, the segment dedicated to cleansing critical devices became the most lucrative market, primarily due to the increased significance attributed to guaranteeing the sterility of such instruments. Concurrently, from 2024 to 2032, the non-critical device cleansing sector demonstrated the most substantial Compound Annual Growth Rate (CAGR). Significant growth in this sector was attributable to the emphasis placed on routine cleansing and disinfection of non-critical devices.

The market is further segmented according to cleansing techniques into cleaning, disinfection, and sterilization. The highest revenue was generated by the sterilization segment in 2023, which can be attributed to the increasing utilization of sophisticated sterilization methods for vital devices. In contrast, over the forecast period, the disinfection segment exhibited the highest CAGR, indicative of a more extensive inclination towards thorough surface disinfection across diverse healthcare environments.

According to the EPA classification, cleaning solutions are divided into three market segments: high-level, intermediate-level, and low-level. The segment of high-level EPA-classified cleaning solutions generated the most revenue in 2023, as the demand for effective disinfection solutions increased. On the contrary, the low-level segment exhibited the most substantial CAGR throughout the projected timeframe, suggesting a preference for cleaning solutions that are less harsh on non-critical surfaces and devices.

Related Reports: https://www.acutemarketreports.com/category/medical-devices-market

The medical device cleansing market demonstrated a wide range of trends across different regions in 2023. Contributing to the region's revenue growth at a CAGR of and in percentage terms were its sophisticated healthcare infrastructure and rigorous infection control regulations. Conversely, the Asia-Pacific region exhibited the most rapid compound annual growth rate (CAGR), propelled by escalating healthcare expenditures and heightened consciousness. Europe achieved the greatest revenue percentage, owing to the robust demand for advanced cleaning technologies and well-established healthcare systems.

Competition in the market will intensify throughout the forecast period.

The medical device cleaning market in 2023 was characterized by intense competition, as leading companies implemented diverse strategies to sustain and improve their market standing. Prominent corporations, including Ecolab, Steris plc., 3M, GetingeAB, Advanced Sterilization Products, The Ruhof Corp., Sklar Surgical Instruments, Sterigenics International LLC, Biotrol, Metrex Research, LLC, Oro Clean Chemie AG, and Cantel Medical Corp., exhibited strong financial performance, as evidenced by their considerable revenue statements. Product innovation, strategic partnerships, and geographical expansions were utilized. It is worth mentioning that Ecolab directed its efforts towards broadening its range of cleaning solutions for non-critical devices, STERIS Corporation utilized strategic partnerships, and 3M took advantage of technological progressions in cleaning solutions classified by the EPA.

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