Press release
Medical Device Cleaning Market Size to Expand at 4.4% CAGR During the Forecast Period 2017-2022
The global medical device cleaning market is envisaged to rise at a CAGR of 4.4% between 2017 and 2022 to achieve a valuation of US$1.7 bn by the end of the forecast period. In 2017, the market exhibited a revenue collection of US$1.3 bn. The world medical device cleaning market is envisioned to witness the ascendancy of the disinfection cleaning process due to the rising effectiveness of high-level disinfectants and their elevating demand for heat-sensitive instruments alongside high-grade sterilization. Surgical instruments, on the other hand, are foretold to account for a sizable demand in the market owing to the surging count of surgeries conducted, expanding geriatric population, strengthening prevalence of chronic diseases, and growing burden of hospital-acquired infections (HAIs).Browse the Report Details@ https://www.transparencymarketresearch.com/medical-device-cleaning-market.html
The world medical device cleaning market is prophesied to be classified as per type of process and type of instrument. In terms of process type, the market could see a classification into pre-cleaning, manual cleaning, automatic cleaning, and disinfection cleaning. Amongst these, disinfection cleaning is foreseen to secure a larger share in the market while growing at a 4.1% CAGR during the forecast timeframe. In view of segregation by instrument type, the market could offer opportunities in three chief segments, viz. surgical instruments, endoscopes, and ultrasound probes. The report offers a complete segmentation study of the market for helping readers to receive a clear understanding of different segments and their growth.
According to the analysts, the international medical device cleaning market is prophesied to be classified into six vital geographies, viz. the Middle East and Africa (MEA), North America, Asia Pacific except Japan (APEJ), Latin America, and Europe and Japan. Each of these geographical segments are deeply studied in the publication with a view to offer an all-inclusive evaluation of the performance of the market in different regions of the world.
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Between 2017 and 2022, North America could cement a leading position in the international medical device cleaning market while expanding at a CAGR of 4.6%. Europe is envisaged to lose 47 basis points (BPS) in its market share during the course of the forecast period. Contrastingly, APEJ could gain 29 BPS. However, Europe could tread upon the heels of North America considering its 29.4% share in the market in 2017. Japan and the MEA are predicted to experience a slack in their revenue growth by 2022 end.
Some of the popular names in the worldwide medical device cleaning market could be 3M Company, Cantel Medical Corporation, Ecolab, Inc., Getinge Group, Integra Lifesciences Holdings Corporation, Johnson & Johnson, Steris PLC, ORO Clean Chemie AG, and Ruhof Corporation.
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About TMR
Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
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