U.S. Disinfecting Cap Market is Propelled by Increased Use of Disinfection Caps Due to COVID-19 Pandemic
The U.S. disinfecting cap market offers various benefits such as prevention of needlestick injuries, contamination and infections to healthcare workers from contaminated needles. The caps are essentially used as safely engineered caps for needleless connectors and injection ports that help disinfect the access points between uses. The global U.S. Disinfecting Cap Market is estimated to be valued at US$ 534.1 Mn in 2023 and is expected to exhibit a CAGR of 10% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The increased use of disinfection caps due to COVID-19 pandemic is a key trend propelling the growth of the U.S. disinfecting cap market. Disinfection caps are helpful in preventing the spread of infection through contaminated needles or IV ports by allowing intermittent disinfection of access points between uses. The COVID-19 pandemic increased the focus on healthcare-associated infections and prompted higher adoption of disinfection caps by healthcare facilities to ensure safety of patients as well as healthcare workers from infections through contaminated medical devices. The pandemic has fast tracked innovations in disinfection caps with enhanced features offering durable and more effective protection against viruses and infections.
SWOT Analysis
Strength: The U.S. Disinfecting Cap Market has strong growth potential due to rising demand for healthcare associated infection prevention products.
Weakness: High costs associated with research and development of innovative disinfecting caps.
Opportunity: Growing awareness about hospital acquired infections and global pandemic situations provide growth opportunities for players.
Threats: Stringent regulatory approvals and replacement of disinfecting caps with alternative infection control products pose threat to the market.
Key Takeaways
The U.S. Disinfecting Cap Market Demand is expected to witness high growth over the forecast period owing to rising cases of hospital acquired infections. The global U.S. Disinfecting Cap Market is estimated to be valued at US$ 534.1 Mn in 2023 and is expected to exhibit a CAGR of 10% over the forecast period 2023 to 2030.
The western region currently dominates the U.S. Disinfecting Cap Market owing to presence of advanced healthcare facilities and high expenditure on infection control products in this region. The southern region is expected to be the fastest growing market due to increasing patient pool seeking healthcare services.
Key players operating in the U.S. Disinfecting Cap Market are ICU Medical, BD, 3M, Merit Medical Systems, Omnia Health, B. Braun SE, Agilent Technologies Inc., Biocrates Lifescience AG, Bio-Rad Laboratories Inc., Pursuit Vscular Inc., JCM Med. ICU Medical, BD and 3M collectively hold over 50% of the market share due to their diversified product portfolios and widespread distribution networks across the country. Major players are focusing on new product launches with improved features to strengthen their market position.
For more details on the report, Read- http://marketerefforts.weebly.com/home/the-growing-focus-towards-infection-prevention-in-healthcare-facilities-is-driving-the-us-disinfecting-cap-market
Arabic
Français
Español
Português
Deutsch
Türkçe
Dutch
Italiano
Russian
Romaian