Global Ultrasonic Cleaning Systems Market - 2021-2028
Ultrasonic Cleaning Systems Market Overview
The global ultrasonic cleaning systems market size was worth US$ XX billion in 2019 and is estimated to reach US$ XX billion by 2028, growing at a CAGR of XX % during the forecast period (2021-2028).
Ultrasonic cleaning systems are used to clean medical devices used in surgery to treat various diseases and conditions. These systems employ an ultrasound range of 20 kHz to 400 kHz and the solutions used to clean the medical and other systems.
Ultrasonic Cleaning Systems Market Dynamics
The global ultrasonic cleaning systems market growth is driven by the improving efficiency and safety in cleaning operations of components and eco-friendly cleaning process with biodegradable waste discharge and rising demand for cost-efficient medical treatments.
Rising demand for ultrasonic cleaning systems in medical treatments is expected to drive the market growth
Medical infrastructure in various developing countries has been expanding, providing impetus to the growth of the ultrasonic cleaning systems market. Manufacturers are focusing on developing new and improved ultrasonic cleaning systems that can clean all types of medical systems and offer reduced cleaning time. The increasing pool of patients seeking treatment by surgery or seeking diagnosis for diseases identification. For instance, In January 2021, Essilor created a virtual showroom to provide insight into innovation to provide patients with better services and clinical care.
High cost of ultrasonic cleaning systems along with the stringent guidelines are likely to hamper the market growth
The high cost of ultrasonic cleaning systems along with the lack of awareness regarding ultrasonic cleaning systems in various geographical regions may hamper the growth of the ultrasonic cleaning systems market. Also, the involvement of government agencies to ensure the safety of workers and reduce environmental risk such as waste generation while metal cleaning and the coating is likely to decrease the product adoption in the near future. For instance, The Environmental Protection Agency and California OSHA have put forth stringent guidelines to limit personnel exposure to toxic materials.
Ultrasonic Cleaning Systems Market Industry Analysis
PORTER'S FIVE FORCES
COVID-19 Impact Analysis
COVID-19 pandemic has shut down various products in the ultrasonic cleaning equipment market attributed to the lockdown in countries worldwide. This has hampered the growth of the ultrasonic cleaning equipment market from the last few months and is likely to continue during 2021. COVID-19 has already affected the sales of the ultrasonic cleaning equipment market in the first quarter of 2021 and is anticipated to cause a negative impact on the market growth throughout the year.
Ultrasonic Cleaning Systems Market Segment Analysis
The laboratory ultrasonic cleaning systems segment are expected to hold largest share in this market segment
The laboratory ultrasonic cleaning systems will also experience significant growth due to the rising number of laboratories, environment-friendly cleaning processes, rising demand for efficiency and accuracy in cleaning elements, and awareness of ultrasonic cleaning systems in developing countries.
The compact ultrasonic cleaning systems segment are expected to hold largest share in this market segment
The compact ultrasonic cleaning systems segment is expected to experience higher growth in the market. The drivers of this growth include rising demand for environment-friendly cleaning, cost efficiency of the procedures, time-saving procedure, and rising demand in the developing countries.
The hospitals segment is expected to hold largest share in this market segment
The hospital segment is expected to be the dominating segment in the market due to the established number of hospitals around the world, the need for cost-effective and timing-saving cleaning systems, and spreading awareness in the world about the market and also increasing number of patients suffering from conditions which are treated in hospitals equipped with advanced infrastructure and adequate facilities. Moreover, growing number of hospitals along with adequate reimbursement policies is also contributing to the growth of this segment.
Ultrasonic Cleaning Systems Market Geographical Analysis
North America region holds the largest market share of global ultrasonic cleaning systems market
North America holds a major market share in the global ultrasonic cleaning systems market as the stringent guideline for maintaining stranded parameters for medical device systems used during treatment and favorable reimbursement rate boost the overall market of ultrasonic cleaning systems market. Moreover, the increasing demand for environmental-friendly cleaning systems and the cost-efficiency of the ultrasonic cleaning systems in the region.
Ultrasonic Cleaning Systems Market Competitive Landscape
The global ultrasonic cleaning systems market is highly competitive with presence of global companies. Some of the key players which are contributing to the growth of the market include Meltronics, Mettler Electronics Corp., Sharpertek USA, Blue Wave Ultrasonics Inc., L&R Manufacturing Co., Elma Schmidbauer GmbH, NAMROL GROUP, Luneau, Steelco S.p.A., Bausch Advanced Technology Group and Essilor, GuangDong GT Ultrasonic Co., Ltd (GT SONIC), Skymen Cleaning Equipment Shenzhen Co., Ltd. The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of the market globally. For instance, In October 2017, Branson Ultrasonic Corporation launched a new ultrasonic cleaner which is mostly acceptable by pharmaceuticals, and the healthcare sector due to the suitable features of the cleaner.
Ultrasonic Cleaning Systems Market Key Companies to Watch
Overview: Meltronics founded in 1992. They are manufacturer, exporter and service provider for Ultrasonic Cleaning Systems and Automated Material Handling Systems. Its specialties include table top ultrasonic cleaner, low noise ultrasonic cleaner, automated ultrasonic cleaning systems, automated material handling systems, custom ultrasonic cleaning machines, roller conveyor, and chain automation.
The global ultrasonic cleaning systems market report would provide an access to an approx. 61 market data table, 52 figures and 180 pages.
Global Ultrasonic Cleaning Systems Market - By Product Type
Global Ultrasonic Cleaning Systems Market - By Type
Global Ultrasonic Cleaning Systems Market - By End-User
Global Ultrasonic Cleaning Systems Market - By Region
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