As per this study the Global Medical Instrument Disinfectant Market was valued USD 3 BN (by revenue) in 2017 and is anticipated to reach USD 4.8 BN by 2024 with a CAGR of 7%.
 
Medical instrument disinfectants are the solutions used to clean and sterilize the surface of medical devices. It is used to inactive and removes foreign bodies such as bacteria, viruses, infected blood, pus, cells, etc. from the surface. Basically, disinfectant ruptures the membrane of the bacteria present over the surface, and thus cleans the device. It is extensively used in healthcare facilities such as hospitals, clinics, research laboratories, nursing home, etc.

Market Dynamics
 
Rising prevalence of bacterial infections among the population leading to high demand of sterilization equipment and solutions is the prominent factor driving the market growth. Also, increased adoption of minimally invasive surgeries by medical professionals owing to its benefits is again fueling the market demand. In addition, favorable governmental initiates on infection control are projected to push the market high in following years. On the flip side, growing use of disposable surgical instruments to reduce outbreak of infection is likely to hamper the market growth.
 
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of medical instrument disinfectant.
 
Market Segmentation
 
The broad medical instrument disinfectant market has been sub-grouped into product type (disinfectant), environmental protection agency classification, product type (disinfector), end-user and distribution channel. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
 
By Product Type (Disinfectant)

• Wipes
• Liquid
• Sprays

• Low Level
• Intermediate Level
• High Level

• Washer
  • Single Chamber
  • Multi Chamber
• Flusher
  • UV Rays Disinfectors
  • Endoscopic Reprocessor

• Hospitals
• Medical Device Manufacturers
• Pharma Manufacturers
• Laboratory

• Tender
• Over The Counter