Market Trends of Global Ultrasound Probe Disinfection Industry
This section covers the major market trends shaping the Ultrasound Probe Disinfection Market according to our research experts:
The Hospitals and Diagnostic Laboratories Segment is Expected to Hold a Major Market Share in the Ultrasound Probe Disinfection Market
The sudden outbreak of COVID-19 had increased the demand for disinfection equipment to control and prevent the further spread of infections. The hospitals and diagnostic laboratories segment are expected to hold the major share in the forecast period due to increasing awareness to ensure the safety of workers and patients in the hospital. Considering these factors, COVID-19 is expected to significantly impact the growth of the hospitals and diagnostic laboratories segment.
Key factors such as a rise in the number of ultrasound procedures and an increase in hospital-acquired infections due to improper disinfection in hospitals and diagnostic laboratories and ultrasound probes are expected to increase the demand for ultra-sound probe disinfection. According to World Health Organization, healthcare-associated infections represent hospitalized patients' most common adverse event worldwide. Also, According to the American Journal of Infection Control, Over 2.5 million hospital Acquired infections occur every year in Europe. Moreover, as per the study titled "Healthcare-Associated InfectionsA New Pathology in Medical Practice?" published in February 2020, about 50% of hospital-acquired infections occur in the intensive care unit. Such an increase in the risk of hospital-acquired infections resulted in the necessity for disinfection in hospitals to promote the highest safety for the patients and the medical without transmitting any sort of infection.
Therefore, the hospital and diagnostics laboratories segment is expected to hold the major share due to the rise increasing usage of ultrasound probe disinfection.
North America is Expected to Hold a Significant Share in the Market and Expected to do Same in the Forecast Period.
The increased adoption of highly advanced techniques and systems in disinfection for probes and the technological advancements in ultrasound probes are expected to boost the market's growth in the North American region. Also, the increasing prevalence of hospital-acquired infections among people in the United States is expected to drive the demand for the Ultrasound probe disinfection market in this region. For instance, In 2020, the data published by the Center for Infectious disease research and policy stated that the hospital-acquired infection rate increased by 47% in the United States. This rise in the prevalence of hospital-acquired infections led to the adoption of high-level disinfection systems for ultrasound probes. Moreover, as per Massachusetts Health & Hospital Association data published in may 2022, in American hospitals alone, HAIs account for an estimated 1.7 million infections.
According to the data published by the National Center for Biotechnology Information (NCBI), In March 2021, Biotechnology funding by the National Institute of Health (NIH) was around USD 7.77 Billion during the fiscal year 2020. Also, the data published by the Federation of American scientists reported that federal funding for research and development grew 5.9% in 2020 compared to 2019, which was USD 138.9 Billion. The Nation's 42 federally funded research and development centers spend around USD 23.5 Billion on research and development in the fiscal year 2020.
Thus, the increasing awareness about the importance of ultrasound probe disinfection coupled with increasing investment in the health care department is known to propel the market growth in this region.
