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.
 
Objectives of the Study:

• Define and measure the global medical instrument disinfectant market
• Revenue forecast of the global medical instrument disinfectant market and its various sub-segments with respect to main geographies
• Analyze and identify major market trends along with the factors driving or inhibiting the market growth
• Study the company profiles of the major market players with their market share
• Analyze competitive developments

 
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

 
By Environmental Protection Agency Classification

• Low Level
• Intermediate Level
• High Level

 
By Product Type (Disinfector)

• Washer

• Single Chamber
• Multi Chamber

• Flusher

• UV Rays Disinfectors
• Endoscopic Reprocessor

 
By End-User

• Hospitals
• Medical Device Manufacturers
• Pharma Manufacturers
• Laboratory

 
By Distribution Channel

• Tender
• Over The Counter

 
Regional Analysis
 
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for medical instrument disinfectant in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
 
Europe Medical Instrument Disinfectant Market By Revenue (USD MN)


 
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the medical instrument disinfectant market include 3M, Advanced Sterilization Products Division, Belimed AG, Bergen Group of Companies, BODE Chemie GmbH, Ecolab, Getinge Group, Halyard Health, Inc., Schulke & Mayr GmbH, Steelco S.p.A., Steris Plc., Tristel, and others. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
 
 
METHODOLOGY:
 
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.