The medical device cleaning market consists of a wide range of cleaning agents and accessories used for cleaning, disinfecting, and sterilizing medical instruments and devices. Effective cleaning and disinfection of medical devices is crucial to prevent infections and ensure safety of patients and medical staff. Medical devices made from delicate materials require specialized cleaning methods and products that do not damage the materials or compromise the functionality of devices. Growing demand for minimally invasive surgeries along with rising prevalence of hospital acquired infections is driving increased focus on strict adherence to cleaning and disinfection protocols of medical devices.
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 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.
Growing demand in key regions: North America dominates the global medical device cleaning market owing to stringent regulations regarding product testing and sterilization in healthcare facilities. Asia Pacific is expected to exhibit fastest growth driven by growing medical tourism industry and increasing expenditure on healthcare infrastructure development.
Global expansion of key players: Major players are focusing on expanding their product portfolios and global footprint through acquisitions to leverage opportunities in emerging markets. For instance, SABIC acquired Clariant’s healthcare portfolio to enhance its position as leading material provider for medical device manufacturers.
Market key trends
One of the key trends in The Medical Device Cleaning Market is the shift towards automated cleaning technologies. Advanced robotic cleaning systems integrated with disinfection capabilities are gaining traction among healthcare facilities looking to improve productivity and ensure consistent quality of cleaning cycles. Automation helps minimize risk of human errors and enables traceability of cleaning procedures for strict adherence to quality standards. Growing awareness about importance of cleaning protocols and potential cost savings through productivity gains are expected to further drive demand for automated cleaning machines during the forecast period.
Porter’s Analysis
Threat of new entrants: Low capital requirement and established value chain pose a threat of new companies entering the medical device cleaning market.
Bargaining power of buyers: Large healthcare providers and group purchasing organizations have significant bargaining power over medical device cleaning product manufacturers.
Bargaining power of suppliers: The availability of substitute components from different manufacturers reduces the bargaining power of suppliers in the medical device cleaning market.
Threat of new substitutes: Automated cleaning and sterilization methods can replace manual cleaning techniques, posing a threat of substitution.
Competitive rivalry: The medical device cleaning market sees moderate to high competition due to the presence of global and regional players offering comparable products.
In terms of value, North America dominates the medical device cleaning market due to rising hospital-acquired infections and stringent regulatory standards for device cleanliness in the region. Asia Pacific is projected to witness the fastest growth during the forecast period on account of improving access to healthcare facilities and growing medical tourism in countries like India and China.
The medical device cleaning market is highly concentrated geographically in developed countries with advanced healthcare infrastructure like the United States, Germany, France, and the United Kingdom. These nations account for over 60% of the global market value owing to stringent regulations regarding device reprocessing and reimbursement for medical procedures.
