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2023 Ultrasound Probe Disinfection Market Insights by Size, Revenue, Growth, Recent Trends, Competitive Analysis by Top 10 Industry Players

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2023 Ultrasound Probe Disinfection Market Insights by Size, Revenue, Growth, Recent Trends, Competitive Analysis by Top 10 Industry Players

September 05
11:48 2019
The Global Ultrasound Probe Disinfection Market was estimated USD 314.1 million in 2019 and expected to reach USD 819.1 million by 2023 at a healthy CAGR of 21.1% by 2023. Ultrasound Probe Disinfection Market Research Report by Product (Instrument, Consumables), Probe Type (Linear Transducers), Process (High-Level Disinfection), End-User (Hospitals, Clinics, Ambulatory Surgical Centers), and Region-Global Forecast till 2023.

The Ultrasound Probe Disinfection Market is anticipated to achieve USD 819.1 million in earnings by 2023 while developing at a healthy CAGR of 21.1%.The need to ensure sanitary conditions related to the use of medical devices is motivating the demand for ultrasound probe disinfection. Reports that evaluate the medical device industry have been presented by Market Research Future, which generates reports on industry verticals that assess the market development and prospects.

Contamination of medical instrument is a key cause for infections in the healthcare setup, which is reinforcing the demand of the ultrasound probe disinfection market. The increased incidence of ultrasound imaging procedures is expected to additionally reinforce the growth of the market in the approaching period.

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Key Players

The variations in the income levels globally are backing the growth of the market substantially. The upsurge in personal discretionary spending is projected to lead to the development of the market. The economies around the world are responding to the market forces by applying advantageous policies and cutbacks so as avert a slowdown in the advancement of the market. The improvement of the distribution channels in the market is anticipated to stimulate market growth considerably. The beneficial nature of the monetary and fiscal policies is expected to tip towards strong growth in the market. Moreover, the escalation in international transactions is estimated to reinforce the development of the market noticeably. The optimistic effect exerted by governments in the progress of the market is anticipated to direct the market towards robust development in the approaching years. The volatility perceived in the forces that are supporting the growth of the market is expected to lead to a rather slow pace of growth.

The notable contenders in the ultrasound probe disinfection market are Nanosonics (Australia), Virox Technologies (Canada), Tristel (UK), Ecolab (US), Schülke & Mayr (Germany), STERIS (UK), Advanced Sterilization Products (US), CS Medical (US), CIVCO Medical Solutions (US), Germitec (France), Parker Laboratories (US), and Metrex Research (US).

Segments

The segmentation of the ultrasound probe disinfection market is carried out on the basis of product, region, probe type, process, and end-user. Based on the product, the ultrasound probe disinfection market is segmented into service, instrument, and consumables. Based on the probe type, the ultrasound probe disinfection market is segmented into convex transducers, endocavitary transducers, linear transducers, phased array transducers, transesophageal echocardiography transducers| (TEE), and others. Based on the process, the ultrasound probe disinfection market is segmented into intermediate/low-level disinfection and high-level disinfection. Based on the end user, the ultrasound probe disinfection market is segmented into diagnostic centers, hospitals and clinics, academic & research institutes, ambulatory care centers, and others. Based on the region, the ultrasound probe disinfection market is segmented into the Asia Pacific, the Americas, Europe, Africa, and the Middle East.

Regional Analysis

The Americas leads in the market owing to the increasing prevalence of rising incidence of bacterial infection, increasing research & development in ultrasound probe disinfection and growing healthcare expenditure. According to the Consumer Report Organization and Centers for Disease Control and Prevention (CDC)  July 2015 publication, it is estimated that every year approximately 648,000 patients in the US got infected by bacteria during a hospital stay, and around 75,000 died. The increasing incidences of bacterial infection may support this market positively.

Europe is the second largest ultrasound probe disinfection market during the forecast period due to increasing prevalence of human papillomavirus (HPV). The human papillomavirus is a skin to skin transmitted disease. According to the Oxford Vaccine group fact sheet, HPV infection causes cervical cancers. It was also reported that 99% of cervical cancers are caused by the Human Papillomavirus (HPV) infection. Furthermore, it was also maintained that 3,126 new cases of cervical cancer were reported in the UK in 2015. The increasing prevalence of HPV infection supports the market growth in this region.

Asia-Pacific was estimated to be the fastest growing region for the global ultrasound probe disinfection market in 2017. The market is expected to witness high growth owing to the rising prevalence of bacterial infections. The Middle East and Africa holds the low share for this market. However, the rising healthcare awareness at the hospital and in the community are expected to influence the market positively.

Some Brief Table of Contents of Report

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope Of The Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

4.1 Drivers

4.2 Restrains

4.3 Opportunities

4.4 Challenges

4.5 Macroeconomic Indicators

4.6 Technology Trends & Assessment

Chapter 5. Market Factor Analysis

5.1 Porters Five Forces Analysis

5.1.1 Bargaining Power Of Suppliers

TOC Continued…

LIST OF TABLES

Table 1 Global Ultrasound Probe Disinfection Market Industry Synopsis, 2018–2023

Table 2 Global Ultrasound Probe Disinfection Market Estimates & Forecast, 2018–2023, (USD Million)

Table 3 Global Ultrasound Probe Disinfection Market, By Region, 2018–2023, (USD Million)

Table 4 Global Ultrasound Probe Disinfection Market, By Product, 2018–2023, (USD Million)

Table 5 Global Ultrasound Probe Disinfection Market, By Probe Type, 2018 –2023, (USD Million)

Table 6 Global Ultrasound Probe Disinfection Market, By End-User, 2018–2023, (USD Million)

Table 7 North America: Global Ultrasound Probe Disinfection Market, By Product, 2018–2023, (USD Million)

Continued…

LIST OF FIGURES

Figure 1 Research Process

Figure 2 Segmentation For The Global Ultrasound Probe Disinfection Market

Figure 3 Market Dynamics For The Global Ultrasound Probe Disinfection Market

Figure 4 Global Ultrasound Probe Disinfection Market Share, By Product 2017

Figure 5 Global Ultrasound Probe Disinfection Market Share, By Probe Type, 2017

Figure 6 Global Ultrasound Probe Disinfection Market Share, By End-User, 2017

Continued…

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