The global medical device cleaning market is driven by growth in the healthcare industry. The medical device cleaning market comprises cleaning chemicals, devices, systems, services and validations required for cleaning, disinfection and sterilization of medical devices. Cleaning and disinfection of medical devices is crucial to prevent the transmission of healthcare-associated infections. The growing disease burden and increasing demand for advanced medical facilities worldwide are propelling the demand for various medical devices that require cleaning and sterilization.
The Global medical device cleaning market is estimated to be valued at US$ 9.29 Mn in 2024 and is expected to exhibit a CAGR of 6.8% over the forecast period from 2024 to 2030.
Key Takeaways
Key players operating in The Medical Device Cleaning Market are SABIC Innovative Plastics, Chi Mei Corporation, Teijin Limited, Mitsubishi Engineering-Plastics Corporation, Idemitsu Kosan Co., Ltd., Styron, Royal DSM, Centroplast Engineering Plastics GmbH, Asahi Kasei Chemical Corporation, and Bayer Material Science. Key players are focusing on launching advanced and eco-friendly cleaning solutions to consolidate their market position.
The growing disease prevalence across the globe is increasing hospitalization rates and surgical procedures, which is driving the demand for various medical devices. This is subsequently propelling the need for effective cleaning and disinfection of these devices. Various governments and healthcare organizations are also undertaking initiatives to curb hospital-acquired infections, which is boosting the adoption of medical device cleaning and disinfection processes.
Key players are expanding their presence globally, especially in emerging regions of Asia Pacific, Latin America, and Middle East & Africa. These regions are witnessing major infrastructure developments and increasing healthcare expenditures. This provides a huge market potential for medical device cleaning solutions. International players are also forming partnerships with regional players to leverage growth opportunities.
Market Drivers
Stringent regulatory standards regarding cleaning, disinfection and sterilization of reusable medical devices is a major market driver. Various regulatory bodies such as the FDA and EU have defined protocols and guidelines for cleaning, disinfection and sterilization of medical devices. This is propelling the demand for cleaning chemicals, equipment, and validation services approved by these regulatory agencies.
Growth in surgical procedures is another key factor driving the medical device cleaning market. Increasing incidence of chronic diseases and road accidents have boosted surgical volumes globally. This wide utilization of surgical instruments and devices requires their effective cleaning and sterilization between each use, thereby fuelling market growth.
The ongoing military conflicts and political tensions across various regions globally are posing challenges for the growth of the medical device cleaning market. Restrictions on import-export of medical devices and cleaning chemicals between countries due to rising trade barriers and sanctions are hampering the easy availability of products. This is adversely impacting the procurement of critical medical devices and their cleaning by the healthcare facilities in the affected regions. Additionally, the uneven economic and healthcare infrastructure development across rural and urban areas within many countries is also influencing the market penetration.
To tackle such challenges, manufacturers must diversify their supplier base and focus on developing alternative local sourcing and manufacturing plans. They need to carefully identify geopolitically stable regions for new facilities and build strategic partnerships with regional players. Adopting customized pricing and inclusive financing options can help boost access and uptake in underdeveloped markets. Fostering collaborations between private sector, NGOs and governments can aid in strengthening healthcare delivery and accelerate medical device adoption even in remote communities. Developing portable, battery-operated and affordable cleaning products suitable for resource-constrained settings will make products usable in conflict-zones and enhance preparedness for disasters. Overall, a mix of prudent business strategies along with coordinated policy support holds the key to sustained growth despite geopolitical headwinds.
Geographical regions:
The developed markets of North America and Europe collectively account for the major share of the global medical device cleaning market in terms of value. High healthcare spending, stringent regulations regarding device reprocessing, large installed base of advanced medical technologies and presence of leading industry players have aided their dominance. Within North America, the United States represents the most valuable market due to wide availability and adoption of various medical devices across its highly developed healthcare infrastructure and hospitals. Major European countries such as Germany, United Kingdom and France also contribute significantly to the regional market value. Asia Pacific is emerging as another high growth regional market, led by economies like China, India and Japan. Factors such as growing medical tourism, expanding private healthcare sector and rising disposable incomes are augmenting the demand for quality medical services and associated cleaning products in Asia Pacific.
Fastest growing region for the Medical Device Cleaning Market:
The Asia Pacific region is poised to register the highest growth in the medical device cleaning market during the forecast period. The imminent demand is attributed to factors such as rapidly developing healthcare infrastructure, increasing patient population affected by chronic diseases, and governments prioritizing healthcare spending across developing countries. Furthermore, growing medical tourism and rising accessibility of healthcare services are increasing the procurement of medical equipment. Countries such as India, Indonesia, Philippines and Vietnam offer immense opportunities owing to their large untapped markets and improvement in economic conditions. Contract manufacturing activities are also surging medical devices production within the region. Moreover, evolving regulatory frameworks for reprocessing and rising competitiveness of Asian medical device manufacturers are bolstering the regional market expansion. Various industry players are strategically strengthening their local manufacturing facilities and distribution networks to gain a larger share of Asia Pacific’s high growth medical device cleaning requirements.
Get more insights on Medical Device Cleaning Market
