High Level Disinfection Services Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Services (In house, Outsource); Compound (Formaldehyde, Glutaraldehyde, Ortho-phthalaldehyde, Hydrogen Peroxide, Peracetic Acid, Others); End-user (Hospitals and Clinics, Diagnostic Laboratories, Pharmaceutical and Biotechnology Companies, Academic and Research Institutes, Others) and Geography
Report Code: TIPRE00023665
| No. of Pages: 150
| Category: Medical Device
| Status: Upcoming
The high-level disinfection services goal is to make medical equipment function as desired and improve clinicians' efficiency across the processes. These services aim to ensure that all vegetative microorganisms, viruses, mycobacteria, fungal spores, and certain bacterial spores are eliminated from the inanimate environmental surfaces such as floors, walls, and at different healthcare facilities. Disinfection protocols vary depending upon the criticality of the medical devices used. The one with the highest criticality needs high-level disinfection as such medical devices are required to enter the vascular system or the sterile tissue where blood flows.
The "Global High Level Disinfection Services Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the high level disinfection services market with detailed market segmentation by services, compound, end user, and geography. The report provides key statistics on the market status of the leading high level disinfection services market players and offers key trends and opportunities in the market.
- Based on services, the global high level disinfection services market is segmented into in house and outsource.
- Based on compound, the market is segmented into formaldehyde, glutaraldehyde, ortho-phthalaldehyde, hydrogen peroxide, peracetic acid and others.
- On the basis of end-users, the market is bifurcated into hospitals & clinics, diagnostic laboratories, pharmaceutical & biotechnology companies, academic and research institutes and others.
MARKET DYNAMICS Drivers:
- Increasing incidence of hospital-acquired infections (HAIs) and surgical site infections and rising prevalence of chronic diseases such as cancer, diabetes, and other autoimmune disorders drive the high-level disinfection services market growth.
- Rising number of surgical procedures and growing awareness about the advantages of disinfection boost market growth.
- The sudden outbreak of COVID-19 across the globe and technological advancements propel market growth.
- High cost for disinfection services for industrial as well as home settings.
- The concern associated with disinfection and sterilization of several advanced medical instruments.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The high level disinfection services market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the high level disinfection services market in these regions.
IMPACT OF COVID-19 ON HIGH LEVEL DISINFECTION SERVICES MARKET
COVID-19 first began in Wuhan (China) during December 2019, and since then, it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. The spread of COVID-19 forced the implementation of preventive measures to limit the disease's spread; as a result, clinics were taking preventative measures and used high-level disinfection services. Equipment sterilization is also necessary in healthcare settings as patient-to-patient pathogen transmission by medical devices can be entirely controlled by properly sterilizing medical devices. The usage of reprocessed equipment to disinfect or sterilize medical devices is higher than usual during the pandemic since improper decontamination of surgical instruments, and other equipment can increase the chances of COVID-19. This has increased the demand for disinfectant consumables to ensure the proper sterilization of medical devices. Moreover, the supply chain disruptions due to extended lockdowns in various countries will substantially impact pharmaceutical and medical device manufacturing companies, which will significantly impact the demand for disinfectant products. However, the number of people undertaking RT PCR and rapid antigen tests has surged, surging the demand for disinfectants services.
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The report covers key developments in the high level disinfection services market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from high level disinfection services market are anticipated to have lucrative growth opportunities in the future with the rising demand for high level disinfection services in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the high level disinfection services market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.