Category : Healthcare and Pharmaceuticals | Published at : December-2020 | Delivery Format : PDF | Status: Published | Pages : 190
The market for UV disinfection of medical equipment is expected to grow at a CAGR of around 13.1% from 2020 to 2027 and expected to reach the market value of around US$ 6,284.5 Mn by 2027.
UV light is a reliable and well-studied antimicrobial technology used to destroy the DNA inside bacteria, viruses, and fungi. In the healthcare sector, it is used to disinfect medical equipment like the stethoscope, blood pressure cuff, smartphones, glasses, wheelchair, etc. through short wavelength UV light. For instance, adjust the UV light emission instrument in whatever area it is needed (waiting room, patient’s room, bathroom, nurse station, break room, etc.) and place the medical instrument and personal items that are needed to disinfect under the UV Light shelves and start the system. The system indicates after a certain time, meaning the instruments are disinfected and ready to use.
Market Dynamics
The increasing consensus that enhanced cleaning and disinfection of environmental surfaces are needed in healthcare facilities is supporting the market growth. The disinfection of healthcare facilities including materials and hospital wards, operating rooms, and ICUs are considered an essential element of infection prevention programs. The rising focus of manufacturers on the development of a UV based disinfection trolley to fight against COVID-19 by stopping the spread of the virus is further bolstering the market value. The benefit associated with the UV based disinfection such as speedy decontamination of the used patient-care beds and hospital rooms before admission of subsequent occupants in order to deal with the limited availability of beds is additionally propelling the market growth.
On the other side, the low cost of conventional disinfectants as compared to UV lights is projected to restrict the growth to an extent over the estimated timeframe from 2020 to 2027.
North America accounted for the maximum revenue share in the global UV Disinfection of Medical Equipment market
In 2019, North America accounted for the maximum revenue share (%) in the UV disinfection of the medical equipment market. The major economies of the region including US and Canada are major contributors to the regional market value. The presence of well-established healthcare facilities along with the easy availability of advanced infrastructure and instruments in the region is supporting the demand for UV Disinfection in the region. The presence of major manufacturers in the region is further bolstering the regional market value.
Asia Pacific is projected to experience fastest growth over the forecast period
Asia Pacific region is anticipated to experience the fastest growth with major CAGR (%) during the estimated timeframe from 2020 to 2027. The major economies of the region including China and India are majorly supporting the market growth. Moreover, the spread of coronavirus in the region at a rapid pace due to the presence of a huge population is further bolstering the demand for UV disinfection devices in the regional market. The huge increasing demand of disinfected medical equipment like beds, trolley, and others in order to prevent the spread of coronavirus is further bolstering the market value.
The players profiled in the report include Amensco Medical Technologies (India), American Ultraviolet (US), Beijing Ikbolo (Beijing), Clorox Healthcare (US), De Marco s.r.l., Guangdong Dongpin Beauty & Medical Technology Co. Ltd (Guangdong), KOVER SRL (Italy), Light Progress, Lumalier, Medstar Health (US), UltraViolet Devices Inc. (UVDI) (US), and others. The major UV disinfection of medical equipment players was involved in strategic developments for escalating the profit share in regional as well as the global market. The major investments were announced in the UV disinfection of the medical equipment market for technological advancements in the field.
Market Segmentation
Market By Product Type
Automated
Germicidal Lamp Based
Market By Deployment Mode Type
Mobile
Tabletop
Compact
Wall-mounted
Market By Geography
North America
- U.S.
- Canada
Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Frequently Asked Questions
The market for UV disinfection of medical equipment is expected to reach a market value of around US$ 6,284.5 Mn by 2027.
The UV disinfection of medical equipment market is expected to grow at a CAGR of around 13.1% from 2020 to 2027.
The increasing consensus that enhanced cleaning and disinfection of environmental surfaces is needed in healthcare facilities, rising focus of manufacturers on the development of a UV based disinfection trolley to fight against COVID-19, and benefit associated with the UV based disinfection such as speedy decontamination of the used patient-care beds and hospital rooms are some fo the factors driving the market growth.
Amensco Medical Technologies (India), American Ultraviolet (US), Beijing Ikbolo (Beijing), Clorox Healthcare (US), De Marco s.r.l., Guangdong Dongpin Beauty & Medical Technology Co. Ltd (GuangDong), KOVER SRL (Italy), Light Progress, Lumalier, Medstar Health (US), and UltraViolet Devices Inc. (UVDI) (US), are some of the prominent players in the UV disinfection of medical equipment market.
North America held the highest market share in the UV disinfection of medical equipment market
Asia Pacific is expected to be the fastest growing market over the forecast period.
In product segment the Automated segment is growing at faster pace.
