The factors such as technological advancement in medical disinfections equipment, increasing prevalence of bacterial infections among the population, a surge in the adoption of several medical instruments disinfectants in worldwide hospitals to prevent the spread of the infectious diseases, increased awareness among healthcare professionals and patients regarding healthcare associated infections, and, growing number of surgical procedures and clinical trials, are likely to contribute to the healthy growth of the market.
New York, April, 2021: Axiom Market Research & Consulting™ added a report on global medical instruments disinfections market which includes study on product type, environmental protection agency (EPA) classification, end user, and distribution channel across various countries of key regions across the globe. The global medical instruments disinfections market was projected to grow at a CAGR of 7.77% for the forecast period 2021 to 2027. The global market is estimated and forecasted in terms of revenue (USD Million) generated by the medical instruments disinfections market.
Medical instrument disinfection is the process of disinfecting and cleaning various medical instruments such as surgical instruments, dental surgical instruments, patient care items and many others. The disinfectants such as aldehydes, alcohols, phenolic, quaternary ammonium compounds, peroxy and peroxo acids, and many others can be used for the disinfection of these medical instruments. It is basically used to remove and inactive microorganisms such as viruses, bacteria, infected blood, cells, pus, etc.
The key competitors of this market include The major key players of market includes Halyard Health, Inc, 3M, Advanced Sterilization Products Division, Belimed AG, Metrex Research, LLC, BODE Chemie GmbH, Ecolab, Getinge Group, Schulke & Mayr GmbH, Steelco S.p.A, Steris Plc and Tristel among others.
The report analyses the global medical instruments disinfections industry based on product type, environmental protection agency (EPA) classification, end user, and distribution channel, and geography. The product type segment of the industry is segmented into disinfectant, disinfector, and endoscope reprocessor. The environmental protection agency (EPA) classification of medical instruments disinfections are low level, intermediate level, and high level. The major end uses of this market are hospitals, laboratory, medical device manufacturers, and pharma manufacturers. By distribution channel market is bifurcated into tenders and over the counter segment. The global medical instruments disinfections market is studied across various key countries of regions such as, North America, Europe, Asia Pacific and Rest of the World.
Medical Instruments Disinfections Market Regional Trends
North America is expected to witness the fastest growth in upcoming years owing to hold significant share in terms of value. The growing demand for medical instruments disinfections in the region is attributed by the presence well-established healthcare industry in the NA region. The economies such as the United States, Canada and Mexico are projected to witness fast growth during forecast period due to increasing technological advancements, the vast presence of several medical instrument disinfection solution and equipment manufacturing companies, and growing expenditure on the healthcare and the research and developments activities in the field of instrument disinfectants.
Medical Instruments Disinfections Market Segmental Highlights
- The disinfectant segment is expected to dominate the medical instruments disinfections market during the forecast period 2021 to 2027. The growth of this segment is rapidly improving owing to the vast availability and production of disinfectants, including liquid, sprays and wipes and high adoption of these disinfectants during COVID-19 period.
- In 2020, low level segment accounted for the major market share. The low level segment of environmental protection agency (EPA) classification hold significant share in the medical instruments disinfections market. This is owing to the growing adoption rate of low-level disinfectants to clean and disinfect noncritical, critical and semi-critical medical instruments.
- Hospitals end user is dominated the market in 2020 and is likely to maintain its dominance during the projection period. Increasing number of hospitals across the globe and rising prevalence rate of hospital acquired infections are accredited to the segment growth.
- By distribution channel, tenders segment is dominated the market in 2020 and is likely to improve during the forecast period. Rising adoption of medical instrument disinfectants in a large quantity by number of government and private healthcare centers is accredited to the market growth
- North America dominated medical instruments disinfections market in 2020 and is expected to witness the fastest growth in upcoming years.
Research Objectives of Medical Instruments Disinfections Market Report:
- Analyzing the outlook of the market with the recent trends and Porter’s five forces analysis.
- Market dynamics, which essentially consider the factors that are impelling the present market scenario, along with growth prospects of the market over the forecast period.
- Market segmentation analysis, including qualitative and quantitative research, incorporating the impact of economic and non-economic aspects.
- Country-level analysis, integrating the demand and supply forces that are influencing the growth of the Medical Instruments Disinfections Market.
- Competitive landscape involving the market share of major players, along with the key strategies adopted for development over the past five years.
- Comprehensive company profiles, covering the product offerings, key financial information, recent developments and strategies employed by the major market players
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