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U.S. DISINFECTING CAP MARKET ANALYSIS U.S. Disinfecting Cap Market, by Application (Central Venous Line, Peripheral IV Catheters and Others), and by End User (Hospital and Clinics, Ambulatory/Outpatient Surgical Centers, and Others) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027
The U.S. disinfecting cap market is expected to be valued at US$ 359.3 million in 2019, and is expected to exhibit a CAGR of 10.7% over the forecast period (2019-2027). • Increasing incidence of hospital-acquired infections is expected to propel the market growth over the forecast period
Figure 1. U.S. Disinfecting Cap Market Share (%), by Application, 2027
Increasing product approvals and launches are expected to propel the market growth over the forecast period. Key players in the market are focusing on increasing product approvals and launching innovative disinfecting caps to prevent infections associated with the use of central line IV catheters. Increasing product approval of such new products is expected to drive growth of the U.S. disinfecting cap market over the forecast period. For instance, On February 27, 2017, 3M launched the 3M Curos Stopper Disinfecting Cap which assists clinicians by providing passive disinfection solutions for female luers. The Curos stopper disinfecting cap is the latest offering in the Curos Disinfecting Port Protector family to reduce contamination risk in needleless connectors, male luers, and Tegohemodialysis connectors.
Key Players • Major players operating in the U.S. disinfecting cap market include ICU Medical, C.R. Bard, Becton, Dickinson and Company, 3M, Merit Medical Systems, and other prominent players.
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