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Clean and Safe: Medical Device Cleaning Market Growth
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According to The Business Research Company's, The medical device cleaning market size has grown strongly in recent years. It will grow from $2.72 billion in 2023 to $2.96 billion in 2024 at a compound annual growth rate (CAGR) of 9.0%. The growth in the historic period can be attributed to regulatory compliance, reusable medical devices, medical device reimbursement, focus on patient safety, research and development.
The medical device cleaning market size is expected to see rapid growth in the next few years. It will grow to $4.38 billion in 2028 at a compound annual growth rate (CAGR) of 10.2%. The growth in the forecast period can be attributed to point-of-care cleaning, disposable devices, infection control, green cleaning practices, hospital-acquired infections. Major trends in the forecast period include automation and robotics, smart cleaning devices, ultrasonic cleaning advancements, remote monitoring and reporting, chemical-free cleaning methods.
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Market Drivers and Trends:
The increasing number of surgical procedures and the surge in the prevalence of chronic diseases drive the growth of the medical device cleaning market. The increasing prevalence of various chronic conditions such as cancer, cardiovascular diseases, gynecology-related issues, and orthopedic cases has led to a significant increase in the number of medical device cleaning disinfectants and other products. For instance, in January 2022, according to the American Cancer Society, there will be approximately 1.9 million new cancer diagnoses and 609,360 cancer-related deaths in the United States, equivalent to around 1,670 daily fatalities. Globally, the four most prevalent cancer types, namely lung, prostate, colorectal, and female breast cancer, collectively contribute to 43% of all new cancer cases . Hence, the increasing number of surgical procedures will boost the growth of the medical device cleaning market during the forecast period.
Players in the medical devices cleaning market are increasingly focusing on UV sanitizer devices. The UV sanitizer is effective in treating bacteria present in medical devices and operating rooms. For instance, PurpleSun Inc. a US-based company developed Ultraviolet (UV) technology to reduce more than 96% of microorganisms in operating rooms (ORs) and on medical equipment, compared to 38% using manual cleaning methods that rely on chemicals to sanitize surfaces.
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Major Key Players of the Market:
3M Company, Getinge AB, STERIS plc, Cantel Medical Corporation, Ecolab Inc., Oro Clean Chemie AG, Ruhof Corporation, Biotrol, Metrex Research LLC., Sklar Corporation, Tristel Solutions Ltd., Hartmann Group, Medivators Inc., Case Medical Inc., Fortive Corporation, Sterigenics International LLC, The Clorox Company, Virox Technologies Inc., B. Braun Melsungen AG, Belimed AG, Borer Chemie AG, CISA Group, Diversey Inc., G9 Chemicals Ltd., Halyard Health Inc., Integra LifeSciences Holdings Corporation, Johnson & Johnson, Kao Corporation, Kimberly-Clark Corporation, PDI Inc., Reckitt Benckiser Group plc, Stryker Corporation
Medical Device Cleaning Market 2024 Key Insights:
• The medical device cleaning market size is expected to see rapid growth in the next few years. It will grow to $4.38 billion in 2028 at a compound annual growth rate (CAGR) of 10.2%.
• Medical Device Cleaning Market Fueled By Rising Surgical Procedures And Chronic Diseases
• Increasing Emphasis On Uv Sanitizer Devices In The Medical Devices Cleaning Market
• North America was the largest region in the medical device cleaning market in 2023
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