Medical Ultrasonic Baths Market Size Estimated to Reach $2,200 Million by 2026

August 02 14:24 2021
Medical Ultrasonic Baths Market Size Estimated to Reach $2,200 Million by 2026

Medical Ultrasonic Baths Market
Increasing Surgical Procedure Among People and Growing Awareness About the Hygiene in Workplace Are Likely to Aid in the Growth of the Medical Ultrasonic Baths Market

Medical Ultrasonic Baths Market size is estimated to reach $2,200 million by 2026, growing at a CAGR of 6.5% over 2021-2026. Medical ultrasonic baths is used to clean surgical instruments that are placed in cleansing solution which is agitated through 20 to 40 Hz of ultrasonic waves. Piezo ceramic transducer are implemented in various mechanical operations, such as in medical engineering, welding, and flow and level measurement and are mostly used in ultrasonic sensor and power applications. Cavitation erosion occurs after the cleaning process is done in ultrasonic cleaner and also damages the water tank of the ultrasonic cleaner.

Medical ultrasonic baths are also used to clean medical implants in order to decrease the chance of rejection of the implant. Increasing surgical procedure among people and growing awareness about the hygiene in workplace is the major factor driving the growth of this market. Furthermore, increasing research and development activities in medical industry and rising advancement in technology is set to further enhance the overall market demand for Medical Ultrasonic Baths Market for the period 2021-2026.

Medical Ultrasonic Baths Segment Analysis – By Product Type

The global Medical Ultrasonic Baths Market based on Product Type can be further segmented into Standalone, Multi-Stage, Benchtop, and Accessories. The Standalone segment is the major segment generating revenue in 2020. This is mainly to remove oils, swarf, polishing compounds, brazing flux, solder flux, carbonized deposits, and molding residues in laboratories and automotive industries. Moreover, Standalone ultrasonic cleaners are mainly used for cleaning small to medium sized objects that are increasing the growth of this segment.

The Multi-Stage segment is estimated to register the fastest CAGR of 1.75% for the period 2021-2026. The tanks of multistage ultrasonic cleaners are usually larger and have a capacity ranging from 40 to 160 liters which is used in various industries and are increasing the growth of this segment.

Medical Ultrasonic Baths Segment Analysis – By End-Use Industry

The global Medical Ultrasonic Baths Market based on End-Use Industry can be further segmented into Hospitals, Laboratories, and Others. The Hospital segment registers for the highest Medical Ultrasonic Baths market share in 2020. As the number of hospitals increases, the demand for ultrasonic cleaner also increases. Moreover, government is taking initiatives to develop infrastructure and install better equipment’s in the hospital that increases the growth of this market. The Laboratories segment is estimated to register the fastest CAGR of 1.5% over 2021-2026. This is mainly owing to rising research and development in laboratories and are increasing the growth of this market.

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Medical Ultrasonic Baths Segment Analysis – By Geography

North America dominated the Medical Ultrasonic Baths Market with major share of 40% in 2020. This is owing 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 U.S. about 39,972 people were admitted for injury visits in 2017 that indicates that the usage of medical and surgical instruments and are rising the market growth. However, Asia Pacific is estimated to outpace all the regions by clocking the highest CAGR of 3.25% during the forecast period 2021-2026 owing to rising population and increasing development in healthcare.

Medical Ultrasonic Baths Market Drivers

Increasing Surgical Procedure

Increasing the number of surgical procedure and increasing demand of diagnostic procedures increases the growth of the Medical Ultrasonic Baths Market. According to National Institute of Health, more than 670,000 surgeries are performed in U.S. in 2019 that increases the demand of Piezo ceramic transducer and are increasing the growth of the Medical Ultrasonic Baths Market over 2021-2026.

Growing Awareness about the Hygiene

The increase in the number of infections owing to the use of contaminated medical instruments increases the awareness about hygiene that increases the growth of the Medical Ultrasonic Baths Market. Moreover, rising rate of communicable diseases and growing cavitation erosion in ultrasonic cleaners increases the demand of hygiene and are increases the growth of Medical Ultrasonic Baths Market over 2021-2026.

Covid-19 Impact:

COVID-19 pandemic had greatly affected the Medical Ultrasonic Baths Market. Owing to pandemic, viruses are rapidly increasing that increasing the use of ultrasonic cleaner in medical in order to maintain hygiene and reduce the contamination of instruments and are negatively impacted the growth of this market.

Medical Ultrasonic Baths Market Challenges

Lack of Knowledge

The factors that is set to impede the growth of the Medical Ultrasonic Baths Market are lack of knowledge regarding the use of these baths is set to create hurdles for the Medical Ultrasonic Baths Market.

Medical Ultrasonic Baths Landscape

Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Medical Ultrasonic Baths Market. Medical Ultrasonic Baths top 10 companies include, 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.

Development

In 29 0ctober 2020, Thermo Fisher Scientific collaborated with Symphogen to develop ultrasonic cleaners and advance pharmaceutical industry.

Key Takeaways

Geographically, in 2020, North America dominated the Medical Ultrasonic Baths Market owing to increasing number of patients getting admitted in a hospital and the need for minimizing the risk of cross contamination.

Increasing surgical procedure among people and growing awareness about the hygiene in workplace are likely to aid in the market growth of the medical ultrasonic baths.

Detailed analysis of the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the Medical Ultrasonic Baths Market report.

Lack of knowledge regarding the use of these baths is set to create hurdles for the Medical Ultrasonic Baths Market.

Related Reports :

A. Surgical Instruments Market

https://www.industryarc.com/Report/16377/surgical-instruments-market.html

B. Health and Hygiene Market

https://www.industryarc.com/Report/19280/health-and-hygiene-market.html

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