Medical Disinfection Machine Market: COVID-19 Impact and Global Analysis Forecast to 2028

Decontamination is defined as the process of disinfecting and sterilizing the used medical devices in order to reuse them for further purpose. In United States, roughly around 46.5 million surgical techniques and considerably more obtrusive medicinal methods-including over 5 million gastrointestinal endoscopies-are performed every year. Each method includes contact by a restorative gadget or surgical instrument with a patient's sterile tissue or mucous films. A noteworthy danger of every single such methodology is the presence of pathogens that can lead to contamination. Inability to appropriately sanitize or clean the hardware result in not just hazards related to the rupture of host boundaries, but also the additional hazard for individual to-individual transmission (e.g., hepatitis B infection) of ecological pathogens (e.g., Pseudomonas aeruginosa).

Growing use of medical disinfection machine for sanitization and disinfection purpose is fundamental for guaranteeing the sterilization of therapeutic and surgical instruments to avoid transmission of irresistible pathogens to patients. Collectively, the aforementioned factors are subjected to drive the product demand in the coming years.

Analyst Commentary

Changing lifestyle has propelled the incidence rate of various lifestyle diseases such as cancer, tuberculosis, and renal failure. Increase in number of patients suffering from the diseases mentioned above has propelled the uptake of medical instruments (surgical, non-surgical and diagnosis tools) considerably. This has augmented the demand for medical disinfection machine by hospitals, diagnostic centers, medical institutes, and research laboratories. According to World Health Organization (WHO), around 9.4 million people die globally, every year, due to cardiovascular diseases (CVD). Around 23.3 million people are expected to die due to the same by 2030.

Furthermore, rise in prevalence of cancer among population is likely to fuel the growth of sterilization equipment and disinfectant market. For instance, according to World Health Organization states that, in 2018, estimated 9.6 million deaths and 18.1 million new cases of cancer were recorded globally.

Moreover, increase in the geriatric population is one of the key drivers of the market as geriatric population is more prone for various chronic & contagious diseases. Thus, surge in old age population across the globe is anticipated to drive the growth of global sterilization equipment and disinfectant market. For instance, according to the United Nations, by 2050, older persons are expected to account for more than 25% of the population in Europe and Northern America, 20% in Oceania, 17% in Asia, Latin America & the Caribbean, and 6% in Africa.

Segmentation

The global medical disinfection machine market can be segmented on the basis of type, and geography. On the basis of type, the market is segmented into on washer disinfectors and sterilizers. The sterilizers segment is projected to witness the highest growth during the forecast period. Sterilizer’s segment is further segmented into vertical steam sterilizer, horizontal steam sterilizer and others. Based on geography, market is divided into North America, Latin America, Europe, Asia-Pacific and Middle East & Africa. Technological advancements among North American healthcare sector is expected to drive the market growth in this region. Asia-Pacific is poised to grow rapidly during the forecast period due to ongoing investments and subsidies by government towards healthcare sector.

Key Players

Some of the major players in the global medical disinfection machine market include Miele & Cie. KG, SciCan Ltd, CISA S.P.A, Advanced Sterilization Products, Franke Medical Oy, Steelco Spa, Medivators Inc, Belimed Technik GmbH, Steris Corporation, Olympus Medical Systems Corporation, Soluscope and Getinge Infection Control among others.

Regional Analysis

Asia Pacific medical disinfection machine market outlook will show more than 8.0% CAGR owing to increasing number of biotechnology and pharmaceutical companies. Regional growth can be attributed to influential foothold of leading biotech and pharma companies coupled with rising R&D investments. Moreover, population in the Asian countries including China and Japan is aging. The geriatric population is more prone to several chronic diseases. Thus, such demographic trend will drive the demand for surgical procedures, that will in turn enhance the need for medical disinfection machine market.

Indian market size accounted for over USD 200 million in 2018, owing to favourable reimbursement policies and growing healthcare expenditure. Rising number of medical procedures in India accounts for improved sterility equipment that effectively manages patient health. Moreover, various government initiatives for sterilization and disinfection of surgical devices used in healthcare facilities will propel the business growth.