Medical Wash Basin: Introduction
- Wash basins are popular sources of hospital-acquired infections (HAIs) which significantly contribute to prolonged hospital stay and hospital bills. However, medical wash basins do not get infected by virus and bacteria.
- Requirement for intervention products which have the ability to decrease HAIs by removing sources of contaminant reservoirs is driving the sale of medical wash basins.
Key Drivers of the Global Medical Wash Basin Market
- Growing spending on hospital hygiene at the global level is driving the growth of the medical wash basin market. Companies are offering premium medical wash basin products to consumers.
- Companies are also offering medical wash basins that decrease water wastage. This product feature is attracting many consumers to purchase the product.
- Rising disposable income in developing countries such as China, India, Mexico, Brazil, and South Africa is driving hospitals to spend on premium products which ensure health and hygiene. Increasing middle class population in these countries drive the overall spending on hospital products. These factors are expected to boost sales of different types of medical wash basin products in the coming years.
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Increasing Number of Hospitals and Clinics to Create New Opportunities
- People demand hygienic products in hospitals and clinics. Rising number of hospitals and clinics in developed and developing countries to provide better healthcare infrastructure is expected to create new opportunities in this market.
High Cost of Medical Wash Basins a Market Restraint
- Medical wash basins are costlier than normal wash basins. Small clinics in developing countries prefer to use low cost products. This factor is expected to restrict market growth in the coming years.
Medical Wash Basin Market in Asia Pacific to Expand Significantly
- North America is a prominent market for medical wash basins globally, and the region is estimated to maintain its dominance in the near future. Advancement in sanitation technology coupled with growing demand for advanced sanitation products for medical employees in the U.S. and Canada is likely to create new growth opportunities for the medical wash basin market.
- Usage of medical wash basins is comparatively high in developed countries such as the U.S., U.K., Germany, and France. Rising infrastructure spending on private and public hospitals in different European countries is likely to spur market demand.
- The market in Asia Pacific is estimated to expand at a rapid pace. Increasing consumer awareness about incontinence clean-up, and indwelling catheter is driving this market. Moreover, government subsidies are encouraging foreign companies to invest in this region to grab market share.
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Key Players Operating in the Global Market
The global medical wash basin market is fragmented in nature. Large number of small and medium players are present in the medical wash basin market. Companies are working on product innovation to consolidate their market share. Majority of companies operate their market at the domestic level. However, some of the global players are working on merger and acquisition strategies to increase their market share in different geographical locations. Few of the key players operating in the global medical wash basin market are listed below:
- AUTOMATISME ET HYGIENE
- Elpis Medical
- KUGEL Medical
- Shanghai Pinxing Medical Equipment
- TBT Medical
Global Medical Wash Basin Market: Research Scope
Global Medical Wash Basin Market, by Type
- One-station Sink
- Two-station Sink
- Three-station Sink
Global Medical Wash Basin, by End-use
Global Medical Wash Basin, by Distribution Channel
Global Medical Wash Basin, by Region
- North America
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa
- South America
- Rest of South America
The report on the global medical wash basin market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators, and governing factors, along with market attractiveness as per segments. The report also maps the qualitative impact of various factors on market segments and regions.
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