Medical Ultrasonic Bath Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
CAGR | 6.20 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Major Players*Disclaimer: Major Players sorted in no particular order |
Medical Ultrasonic Bath Market Analysis
The Medical Ultrasonic Bath Market is expected to register a CAGR of 6.2% during the forecast period with the increasing surgical procedures and growing awareness about workplace hygiene. According to Eurostat, around 1.4 million cataract surgeries were performed in 2017 in Europe. These surgeries require surgical tools and instruments for which their sterilization is of utmost importance. Hence, these factors are expected to fuel the medical ultrasonic bath market growth. However, rising preference towards disposable surgical instrument by healthcare professionals may hinder the market growth.
Medical Ultrasonic Bath Market Trends
This section covers the major market trends shaping the Medical Ultrasonic Bath Market according to our research experts:
Hospitals Segment is Expected to Hold a Major Market Share in the Medical Ultrasonic Baths Market
- As the number of hospitals are increasing the demand for ultrasonic cleaner is also expected to increase. For instance, currently in the United States there are around 5,198 community hospitals according to the American Hospital Association.
- Furthermore, government is taking initiatives to develop infrastructure and install better equipment's in the hospital. According to Centers for Medicare & Medicaid Services, the spending in the United States showed a hike of 4.6% in 2018. It was accounted that approximately 11,172 USD was spent per person. Therefore, it is expected to propel the ultrasonic bath market growth in this particular segment.
North America is Expected to Hold a Significant Share in the Market and Expected to do Same in the Forecast Period
North America expected to hold a major market share in the global medical ultrasonic baths market due to increasing number of patients getting admitted in a hospital and the need for minimizing the risk of cross contamination. According to Center for Disease Control and Prevention, in the United States, around 39,972 people were admitted for injury visits in an emergency room in the year 2017. It indicates that the usage of medical instruments is intensive and hence the risk of cross-contamination increases. Therefore, ultrasonic bath is crucial to sterilize these instruments.
Medical Ultrasonic Bath Industry Overview
TheMedical Ultrasonic Baths Marketis fragmented and consists of several major players. In terms of market share, few of the major players are currently dominating the market. Some of the companies which are currently dominating the market are Blue Wave Ultrasonics, L & R Manufacturing Company, ThermoFisher Scientific Inc., Emerson Electric Co., Kemet International Ltd., Elma Schmidbauer GmbH, Steelco S.p.A., SharperTek,Heidolph Instruments GmbH & CO. KG and Steris Plc.
Medical Ultrasonic Bath Market Leaders
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Blue Wave Ultrasonics
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Steris Plc
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Kemet International Ltd.
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Heidolph Instruments GmbH & CO. KG
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Steelco S.p.A.
*Disclaimer: Major Players sorted in no particular order
Medical Ultrasonic Bath Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Assumptions
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Overview
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4.2 Market Drivers
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4.2.1 Increasing Surgical Procedures
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4.2.2 Growing Awareness about Workplace Hygiene
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4.3 Market Restraints
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4.3.1 Preference of Disposable Surgical Instruments
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4.4 Porter's Five Force Analysis
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4.4.1 Threat of New Entrants
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4.4.2 Bargaining Power of Buyers/Consumers
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4.4.3 Bargaining Power of Suppliers
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4.4.4 Threat of Substitute Products
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4.4.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Product Type
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5.1.1 Standalone
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5.1.2 Multi-stage
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5.1.3 Benchtop
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5.1.4 Accessories
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5.2 By End User
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5.2.1 Hospitals
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5.2.2 Laboratories
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5.2.3 Others
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5.3 Geography
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5.3.1 North America
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5.3.1.1 United States
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5.3.1.2 Canada
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5.3.1.3 Mexico
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5.3.2 Europe
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5.3.2.1 Germany
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5.3.2.2 United Kingdom
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5.3.2.3 France
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5.3.2.4 Italy
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5.3.2.5 Spain
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5.3.2.6 Rest of Europe
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5.3.3 Asia-Pacific
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5.3.3.1 China
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5.3.3.2 Japan
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5.3.3.3 India
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5.3.3.4 Australia
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5.3.3.5 South Korea
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5.3.3.6 Rest of Asia-Pacific
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5.3.4 Middle-East and Africa
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5.3.4.1 GCC
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5.3.4.2 South Africa
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5.3.4.3 Rest of Middle-East and Africa
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5.3.5 South America
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5.3.5.1 Brazil
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5.3.5.2 Argentina
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5.3.5.3 Rest of South America
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6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
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6.1.1 Blue Wave Ultrasonics
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6.1.2 Elma Schmidbauer GmbH
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6.1.3 Emerson Electric Co.
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6.1.4 Heidolph Instruments GmbH & CO. KG
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6.1.5 Kemet International Ltd.
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6.1.6 L & R Manufacturing Company
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6.1.7 ThermoFisher Scientific Inc.
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6.1.8 Steelco S.p.A.
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6.1.9 SharperTek
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6.1.10 Steris Plc
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Medical Ultrasonic Bath Industry Segmentation
Medical ultrasonic bath is used for cleaning dental and surgical tools in a fluid which is agitated through 20 to 40 Hz of ultrasonic waves. Medical Ultrasonic Baths Market is segmented By Product Type, End User and Geography.
By Product Type | |
Standalone | |
Multi-stage | |
Benchtop | |
Accessories |
By End User | |
Hospitals | |
Laboratories | |
Others |
Geography | ||||||||
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Medical Ultrasonic Bath Market Research FAQs
What is the current Medical Ultrasonic Bath Market size?
The Medical Ultrasonic Bath Market is projected to register a CAGR of 6.20% during the forecast period (2024-2029)
Who are the key players in Medical Ultrasonic Bath Market?
Blue Wave Ultrasonics, Steris Plc , Kemet International Ltd. , Heidolph Instruments GmbH & CO. KG and Steelco S.p.A. are the major companies operating in the Medical Ultrasonic Bath Market.
Which is the fastest growing region in Medical Ultrasonic Bath Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Medical Ultrasonic Bath Market?
In 2024, the North America accounts for the largest market share in Medical Ultrasonic Bath Market.
What years does this Medical Ultrasonic Bath Market cover?
The report covers the Medical Ultrasonic Bath Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Medical Ultrasonic Bath Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Medical Ultrasonic Bath Industry Report
Statistics for the 2024 Medical Ultrasonic Bath market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Medical Ultrasonic Bath analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.