Ultrasound Probe Disinfection Market Analysis and Forecast till 2031: By Product (Instruments {Automated Reprocessors, UV-C Disinfectors, Manual Reprocessors/Soaking Stations, Ultrasound Probe Storage Cabinets}, Consumables {Formulations, Detergents}, Services), By Process (High-Level Disinfection, Intermediate/Low-Level Disinfection), By End-use (Hospitals and Clinics, Diagnostic Imaging Centers, Others), and Region
The global ultrasound probe disinfection market was valued at USD 440 Million in 2021 and it is anticipated to grow up to USD 1,416.3 Million by 2031, at a CAGR of 12.4% during the forecast period.
Ultrasound probe is a medical device which is used in imaging the internal organs of the body with the help of sound waves. Sound waved rebound from internal organs in form of echoes which are received by the probe and sent to the computer. The images which are formed by these echoes are known as sonogram. Ultrasound probes are available in different size and shape for use in the body organs.
Market Trends and Drivers
Increasing number of ultrasound imaging procedures will augment the market growth. Advancements in diagnostic ultrasound imaging procedures have helped improve diagnosis by providing immediate clinical information. The availability of instant diagnostic data has consequently helped reduce overall healthcare costs by replacing more expensive diagnostic exams. A wide range of ultrasound imaging procedures offers significant growth opportunities for the growth of the ultrasound probe disinfection market. Also, the rising geriatric population across the globe is another major factor resulting in the growing volume of ultrasound imaging procedures performed. Since the elderly (65 years and above) are more susceptible to hospital-acquired infections and chronic diseases, such as cardiovascular diseases (CVD) and various cancers, the demand for disease diagnosis and therapies is expected to rise steadily.
Market Restraints and Challenges
High cost of vascular closure devices may hamper the market growth. Endocavitary probes and TEE probes are used for transvaginal, transrectal, and transesophageal procedures. Owing to their high cost, most hospitals in developing countries cannot afford automated probe reprocessors for high-level disinfection. The average cost of automated reprocessors is around USD 10,000 to USD 15,000, while a UV-C disinfector costs around USD 15,000 to USD 35,000. In developing countries, the use of automated reprocessors and consumables such as wipes and liquids are not in use at a larger scale because of the high cost. Radiologists in developing countries are of the opinion that the use of these consumables adds to the costs of imaging centers, and hence they prefer using cheaper options like probe covers. Thus, the high cost of devices acts as a major factor limiting the market growth.
Global Ultrasound Probe Disinfection Market Segmental Overview
The report analyses the Global vascular closure devices market based on product, process, end-use, and region.
Global Ultrasound Probe Disinfection Market by Product
Based on product, it is segmented into instrument, consumables, and services. The instrument segment is likely to account for the significant market share during the forecast period owing to the high cost of these instruments as compared to the consumables and services. Various instruments available in the market for ultrasound probe disinfection are automated reprocessors, UV-C disinfectors, manual reprocessors/soaking stations, and ultrasound probe storage cabinets.
Global Ultrasound Probe Disinfection Market by Process
Based on process, it is segmented into high-level disinfection and intermediate/low-level disinfection. The high-level disinfection segment is likely to dominate the market during the forecast period owing to the rising awareness regarding sanitation. Moreover, the advent of life-threatening pathogens over the few years has prompted scientists to develop technologically advanced disinfection process to remove pathogens from the instruments and devices used in healthcare facilities.
Global Ultrasound Probe Disinfection Market by End-use
Based on end-use, it is segmented into Hospitals and clinics, diagnostic imaging centers and others. The hospital and clinics segment is likely to dominate the market during the forecast period. This growth is attributed to the rising number of diagnostic imaging and in-vitro fertilization procedures performed. Moreover, increased spending on healthcare infrastructure by the public and private organizations across the globe is anticipated to boost the segment growth.
Geographical Analysis of Global Ultrasound Probe Disinfection Market
Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. The North American region is accounted for the majority of market share during the forecast period. Presence of major industry players focusing on innovation will contributes to the regional growth. Furthermore, rising cases of breast cancer, increasing demand for technologically advanced procedures, and the presence of key companies, such as CIVCO Medical Solutions and CS Medical LLC, in the region will boost the regional market growth.
Major Players in the Global Ultrasound Probe Disinfection MarketCOVID-19 Impact
A worldwide emergency has been caused by the COVID-19 pandemic. The ultrasound probe disinfection instruments market has been negatively impacted during the peak of the COVID-19 pandemic, and this trend continued till December 2020. The consumables market is seen to be affected the due decrease in the number of ultrasound imaging procedures. But consumables market does not seem to have a negative impact due to the repeat purchase due to increase in the disinfection cycles. The number of ultrasound procedures slowly increased after the launch of vaccines. To address various challenges in the current scenario and ensure the safety of patients, various societies and national authorities, such as the American Institute of Ultrasound in Medicine, have developed international guidelines. Owing to the aforementioned factors, caregivers and hospitals are expected to witness delays in elective surgeries and ultrasound procedures. However, it is expected that the market will begin to rise, as expected, from the late second half of 2021 gradually.
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