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Ultrasound Probe Disinfection Market New Trends, Growth Opportunities, Top Players And Forecast To 2033
Ultrasound Probe Disinfection Market New Trends
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According to The Business Research Company's, The ultrasound probe disinfection market size has grown rapidly in recent years. It will grow from $0.45 billion in 2023 to $0.51 billion in 2024 at a compound annual growth rate (CAGR) of 12.7%. The growth in the historic period can be attributed to increased awareness of infection control, regulatory requirements, the rise in ultrasound procedures, and outbreaks of infectious diseases.
The ultrasound probe disinfection market size is expected to see rapid growth in the next few years. It will grow to $0.83 billion in 2028 at a compound annual growth rate (CAGR) of 12.8%. The growth in the forecast period can be attributed to increasing healthcare expenditure, expansion of healthcare infrastructure, growing geriatric population, and focusing on patient safety. Major trends in the forecast period include automation and robotics, uv-c disinfection, single-use probe covers, chemical-free disinfection, integration with ultrasound machines.
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Market Drivers and Trends:
The increasing adoption of cloud computing is expected to propel the growth of the revenue assurance market. Cloud computing refers to the delivery of computing services over the Internet, including storage, processing, and software, on a pay-as-you-go basis. The increasing adoption of cloud computing is driven by its scalability, cost efficiency, flexibility, and enhanced collaboration capabilities. Cloud computing enhances revenue assurance by providing scalable, cost-effective infrastructure for real-time data processing and analytics, facilitating efficient revenue monitoring and fraud detection. For instance, in December 2023, according to Eurostat, a Luxembourg-based intergovernmental organization, 45.2% of enterprises within the European Union procured cloud computing services, primarily for hosting email systems, storing electronic files, and performing various tasks. Compared to 2021, purchases of cloud computing services among EU enterprises rose by 4% in 2023. Therefore, the increasing adoption of cloud computing is driving the growth of the revenue assurance market.
Major companies operating in the ultrasound probe disinfection market are focusing on developing high-level disinfection products, such as disinfecting foam, to streamline the disinfection process for healthcare facilities. Disinfecting foam is a foam-based solution used to clean and sanitize ultrasound probes between patient examinations to reduce the risk of cross-contamination and infection transmission. For instance, in June 2023, Parker Laboratories Inc., a US-based medical products company, received FDA clearance for Tristel ULT, an innovative disinfecting foam designed for high-level disinfection of ultrasound probes used in both body cavities and on skin-surface transducers. Tristel ULT, utilizing a proprietary foam formulation containing chlorine dioxide, is exclusively manufactured and distributed for the US market through Parker Laboratories' strategic partnership with UK-based Tristel plc. This unique high-level disinfectant foam offers safe and effective disinfection. It has been proven effective against various pathogens, including SARS-CoV-2 and Mycobacterium tuberculosis, making it an unparalleled solution for ultrasound probe disinfection.
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Major Key Players of the Market:
Siemens Healthineers AG, Koninklijke Philips N.V., GE HealthCare Technologies Inc., Ecolab Inc., LANXESS AG, Olympus Corporation, STERIS plc, Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Drägerwerk AG & Co. KGaA, FUJIFILM SonoSite Inc., Canon Medical Systems Corporation, Nanosonics Limited, Advanced Sterilization Products Inc., CIVCO Medical Solutions, Schülke & Mayr GmbH, Tristel plc, Soluscope SAS, Medisound, Metrex Research LLC, BODE Chemie GmbH, Parker Laboratories Inc., Virox Technologies Inc., Borer Chemie AG, CS Medical LLC, Whiteley Corporation Pty Ltd, UltraViolet Devices Inc
Ultrasound Probe Disinfection Market 2024 Key Insights:
• The ultrasound probe disinfection market size is expected to see rapid growth in the next few years. It will grow to $0.83 billion in 2028 at a compound annual growth rate (CAGR) of 12.8%.
• Birth Rate Surge Boosts Ultrasound Probe Disinfection Market
• Innovative Disinfecting Foam Revolutionizes Ultrasound Probe Disinfection
• North America was the largest region in the ultrasound probe disinfection market in 2023
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