Disinfection has become an integral part of the medical industry, without which it is nearly impossible to provide safe healthcare solutions. Disinfectors are primarily used for cleaning medical instruments and equipment free of bacteria and other pathogens that can lead to hospital-acquired infections (HAI). Research suggests that the global disinfectors market will grow by 10.2% from 2014 to 2020 due to a rise in the number of hospital-acquired infections. As hospitals across the world are trying to reduce the chances of these infections, the demand for disinfectors is set to grow. Owing to these reasons, the global disinfectors market is expected to reach US$3.1 bn by the end of 2020.
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Elder Care Institutions Drive Disinfectors Market
The prime growth drivers of the global disinfectors market are the increasing disposable income levels in emerging economies and the affordability of medical services, which require medical instruments. Furthermore, this market is also being driven by the growing number of elder care institutions, a segment that is expected to encourage the growth of the flusher disinfectors segment of the overall disinfectors market.
The global disinfectors market is segmented on the basis of product, application, and geography. The types of products sold in the global disinfectors market are washers, flushers, and endoscope reprocessors. The washers segment is further sub-segmented into single-chamber and multi-chamber washers. The single-chamber sub-segment is inclusive of single door and double door washers. The applications of disinfectors are seen in pharmaceuticals and life sciences, hospitals and clinics, and elder care. Geographically, this market is segmented into North America, Rest of the World, Asia Pacific, and Europe.
Endoscope Reprocessors and Washer Disinfectors Emerge as Global Leaders
Amongst the products in the global disinfectors market, the endoscope reprocessors and washer disinfectors segments are expected to grow at a remarkable pace due to the increasing usage of endoscopes and medical instruments in the light of the growing number of cases of cancer, cardiovascular diseases, and other ailments that need a surgical intervention. The market for these segments is also expected to be fueled by the spurt in hospitals across the globe.
With the aforementioned trends, it is needless to say that the hospitals and clinics segment will experience the highest growth rate amongst all applications between 2014 and 2020. The rise in the number of hospitals, along with the escalating number of surgeries are expected to boost the share of the hospitals and clinics segment.
Europe and North America to Continue Dominance in Global Disinfectors Market
In terms of regions, Europe and North America collectively held a share of more than 70% in the overall disinfectors market in 2013. With this historical data, analysts predict that the disinfectors markets in these regions will continue to expand at a stupendous CAGR from 2014 to 2020. These regions will also witness a positive growth rate due to the presence of a significant number of disinfector manufacturers in the region, constant regulatory audits for evaluating hygiene levels in hospitals, and the high incidence of lawsuits being filed against hospitals as a result of hospital acquired infections or HAIs. During the same forecast period, Asia Pacific is expected to show the fastest growth rate due to the growing prevalence of diseases and the rising pool of the geriatric population.
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The key players in the global disinfectors market are Getinge Group, STERIS Corporation, Advanced Sterilization Products Services, Inc., OLYMPUS CORPORATION and Belimed Group. Product innovation and improvement in the quality of products will help these market players grab bigger shares in the overall disinfectors market in the coming years.