The stethoscope and hygiene products market is expected to grow at a rate of 6.9% annually and reach USD 91.4 million by 2032

The market for stethoscope hygiene products

According to a new report by Future Market Insights (FMI), the stethoscope hygiene device market is expected to achieve impressive growth $91.4 million by 2032. This is a significant jump compared to estimates $47.4 million market was worth in 2022. This growth reflects the increasing focus on infection control in healthcare settings, with a projected annual compound growth rate (CAGR) healthy 6.9% over the next decade.

The growth in the market is attributed to the rising demand for stethoscope hygiene equipment, driven primarily by the growing healthcare needs of the aging population. As older adults seek primary diagnosis for a range of chronic conditions, demand for advanced stethoscopes has seen a significant increase.

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According to the Centers for Disease Control and Prevention, people over the age of 65 are at greater risk of serious health problems such as heart disease, flu, chronic obstructive pulmonary disease, asthma and other ailments.

According to the World Aging 2019 report, there were approximately 703 million adults aged 65 and over worldwide in 2019, a number expected to quadruple to 1.5 billion by 2050. These demographic changes are expected to increase the use of stethoscopes, which may increase requirements for proper stethoscope hygiene. This increase in demand is likely to benefit the stethoscope hygiene device market.

However, the market is currently hampered by a lack of knowledge and experience in disinfecting stethoscopes. Increasing knowledge about proper stethoscope hygiene can be a key area of development as it can help maintain hygiene standards.

As the use of stethoscopes increases, the demand for and production of stethoscopes will increase, creating a profitable growth opportunity in the market.

Key conclusions from the market research on hygienic stethoscope devices

Stationary hygienic stethoscopes are the leading product segment, accounting for approximately 6% of the market value in 2021, due to their wide availability and limited availability of portable stethoscopes.
As UV rays are widely used for disinfection of all kinds of things like surface disinfection etc., as these rays kill the microorganisms present on the contaminated item, the UV segment is expected to lead in terms of stethoscope hygiene device technology with a market value share of approx. 3% in 2021
Hospitals will have the highest market share value 6% in 2021. Due to the number and diversity of the healthcare expert market, this segment has emerged as a market leader.
South Asia is considered the most profitable region with growth of approx CAGR 6% at the end of the forecast period due to the presence of recently launched products from India.

“The growing demand for stethoscopes due to the growing geriatric population and rising rates of the spread of nosocomial infections will drive sales of stethoscope hygiene devices worldwide.” says Sabyasachi Ghosh (Assistant Vice President at Future Market Insights, Inc.)

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Competition on the market of hygienic stethoscope products

There are only a few new and existing players in the global stethoscope hygiene device industry, which is highly concentrated. To capture this market, companies introduce new products in different geographical locations.

In 2020, Vioguard launched the Cubby Plus UV-C disinfection chamber, which can be used both at home and in healthcare facilities.
On February 15, 2021, Indian company Xech launched the country’s first stethoscope sterilizer, Xech Sterostet, which sterilizes stethoscope membranes of all sizes using specialized UV-C GI technology.

Hygienic stethoscope devices market. Profile of key companies

LightProgress/egoHealth
Xech
Your First Services Inc.
Vioguard
Edmund’s optics
Parsons
Smart UV
Tangshan UMG Medical Instrument Co., Ltd.

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Key segments covered by market research on hygienic stethoscope devices

By product:

By usage:

By end user:

Hospitals
Clinics
Academic and research institutions
Outpatient Care Centers
Others

Author

Sabyasachi Ghosh (Assistant Vice President of Future Market Insights, Inc.) has over 12 years of experience in the healthcare, medical device and pharmaceutical industries. His curious and analytical nature helped him shape his scientific career.

Identifying the key challenges clients face and developing robust, hypothesis-driven solutions that empower them to make strategic decisions comes naturally to him. His core expertise includes areas such as go-to-market and expansion strategy, feasibility studies, competitive intelligence and strategic transformation.

With a degree in microbiology, Sabyasachi has authored numerous publications and has been cited in journals including The Journal of mHealth, ITN Online and Spinal Surgery News.

Future Market Intelligence Information (FMI)

Future Market Insights, Inc. (ESOMAR certified, Stevie Award winner and member of the Greater New York Chamber of Commerce) offers in-depth insights into the factors driving demand in the market. FMI is a leading global provider of market information, advisory services, consultations and events for the packaging, food and beverage, consumer technology, healthcare, industrial and chemicals markets. With a massive team of over 400 analysts worldwide, FMI provides global, regional and local expertise on a variety of domains and industry trends in over 110 countries.

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