Ultrasound Probe Disinfection Market 2020 and Forecast 2021-2027

  • TBI443992
  • November 05, 2020
  • Global
  • 135 pages
  • IFF Market Research
                                          

Report Overview: Global Ultrasound Probe Disinfection Market

The global ultrasound probe disinfection market size was valued at USD 231.4 million in 2020 and looks set to grow at a compound annual growth rate (CAGR) of 8.3% from 2021 to 2027. The growth can be attributed to the technological advancements, increasing number of ultrasound imaging techniques, rising prevalence of Hospital-acquired Infections (HAIs), and growing adoption of diagnostic imaging. The disinfection of ultrasound probe by manually soaking it in the antiseptic solution is a standard procedure maintained in the healthcare facilities. However, with the advent of many life-threatening pathogens, scientists across the globe have developed various technologically advanced disinfection procedures. Using technologically advanced procedure offers quick, easy, and cost-effective methods, which improves staff efficiency, patient safety, and audit compliance. According to the WHO, the endemic burden of HAIs is higher in low- and middle-income countries than in high-income countries. Moreover, rising number of in-vitro fertilization treatments in some countries is anticipated to fuel the demand for ultrasound, which is in turn, expected to increase the growth of ultrasound probe disinfection market. Moreover, 3D/4D ultrasound is increasingly being recommended for breast cancer screening because it provides better visualization of the coronal plane in breasts having dense tissues. As per the Cancer Organization India, in 2018, around 25.0% of cancers occurring in women constitute breast and oral cavity cancer. In addition, as per the South African Journal of Radiology 2018, breast cancer is one of the leading causes of death. Thus, increasing incidence of breast cancer across the globe is also projected to spur market growth.

Product Insights: Global Ultrasound Probe Disinfection Market

The instruments segment held the largest market share of over 39% in 2019 owing to the high cost of these instruments as compared to the consumables and services. Various instruments available in the market for ultrasound probe disinfection are automated reprocessors, UV-C disinfectors, manual reprocessors/soaking stations, and ultrasound probe storage cabinets. The consumables segment is anticipated to register the highest CAGR over the forecast period owing to the high demand for these products as they are disposable. The detergents used in the disinfection process are enzymatic as well as non-enzymatic detergents. On the basis of formulation, consumables segment has been further categorized into disinfectant wipes, liquids, and sprays.

Disinfection Process Insights: Global Ultrasound Probe Disinfection Market

Intermediate/low-level disinfection segment led the market in 2019 accounting for over 50% of the global share. The segment is projected to retain its leading position throughout the forecast years as intermediate/low-level disinfection is the basic process that is followed as a standard procedure in hospital facilities. High-level disinfection process is anticipated to witness the fastest CAGR over the forecast period owing to the rising awareness regarding sanitation. Moreover, the advent of life-threatening pathogens over the few years has prompted scientists to develop technologically advanced disinfection process to remove pathogens from the instruments and devices used in healthcare facilities.

End-Use Insights: Global Ultrasound Probe Disinfection Market

Hospital and clinics held the largest market share of more than 45% in 2019 and is anticipated to expand further at the fastest CAGR over the forecast period 2021-2027. This growth is attributed to the rising number of diagnostic imaging and in-vitro fertilization procedures performed. Moreover, increased spending on healthcare infrastructure by the public and private organizations across the globe is anticipated to boost the segment growth. Diagnostic imaging centers is anticipated to witness significant growth over the forecast period owing to the rising cases of breast cancer and increasing demand for diagnostic imaging techniques. According to the World Cancer Research Fund International, breast cancer is the most common cancer affecting women.

Regional Insights: Global Ultrasound Probe Disinfection Market

North America held the largest share of 34.5% in 2019. The regional market is projected to expand further and retain its leading position throughout the forecast years. This is attributed to the rising cases of breast cancer, increasing demand for technologically advanced procedures, and the presence of key companies, such as CIVCO Medical Solutions and CS Medical LLC, in the region. Asia Pacific regional market, on the other hand, is anticipated to register the highest CAGR from 2020 to 2027. This growth can be credited to the factors including increasing investments on healthcare facilities by the developing countries, growing awareness regarding in-vitro fertilization procedures, and the presence of a large number of local manufacturers that provide high-quality products at lower prices.

Key Companies & Market Share Insights: Global Ultrasound Probe Disinfection Market

Key players have undertaken several strategies, such as merger & acquisitions, partnership, and new product launch, to strengthen their foothold in the market. Companies are also investing in R&D to manufacture technologically advanced procedures. Some of the prominent players in the ultrasound probe disinfection market include:

Key companies Profiled: Global Ultrasound Probe Disinfection Market Report

  • Nanosonics
  • CIVCO Medical Solutions
  • Tristel Solutions Ltd.
  • Ecolab, Inc.
  • Germitec
  • CS Medical LLC
  • Advanced Sterilization Products Services, Inc.
  • Metrex Research, LLC.
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2027. Trusted Business Insights has segmented the global ultrasound probe disinfection market report on the basis of product, disinfection process, end use, and region:

Product Outlook (Revenue, USD Million, 2016 - 2027)

  • Instruments
  • Automated Reprocessors
  • UV-C Disinfectors
  • Manual Reprocessors/Soaking Stations
  • Ultrasound Probe Storage Cabinets
  • Consumables
  • Formulations
  • Disinfectant Wipes
  • Disinfectant Liquids
  • Disinfectant Sprays
  • Detergents
  • Enzymatic Detergents
  • Non-enzymatic Detergents
  • Services

Disinfection Process Outlook (Revenue, USD Million, 2016 - 2027)

  • High-Level Disinfection
  • Intermediate/Low-Level Disinfection

End-Use Outlook (Revenue, USD Million, 2016 - 2027)

  • Hospitals and Clinics
  • Diagnostic Imaging Centers
  • Others

Table of Contents
Chapter 1 Research Methodology
  1.1 Research Methodology
      1.1.1 Information procurement
  1.2 Information or Data Analysis
  1.3 Market Formulation & Validation
      1.3.1 Market: CAGR Calculation
  1.4 Segment Share Calculation
  1.5 List of Secondary SourcesChapter 2 Executive Summary
  2.1 Market Outlook
  2.2 Segment Outlook
      2.2.1 Market Segmentation   
|  read more...

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