by The global Surgical Sinks Market is estimated to be valued at US$ 790.7 Mn in 2023 and is expected to exhibit a CAGR of 5.6% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Surgical sinks are also referred to as scrub sinks or surgical room sinks. These sinks are placed in operating rooms, procedure rooms, and surgical settings to ensure proper handwashing before and after surgical procedures. Surgical sinks are designed and constructed using materials that reduce the risks of contamination. They have features like hands-free faucets and drain controls, waterproof electrical outlets, and smooth surfaces that allow for easy cleaning and disinfection. Advantages of using surgical sinks include prevention of healthcare-associated infections, compliance with regulatory guidelines, and maintenance of sterility in clinical settings.
Market key trends:
One of the key trends in the surgical sinks market is the implementation of new regulations by hospital accreditation agencies and government organizations regarding infection control and sterilization standards in operation theaters. For instance, guidelines issued by the Centers for Disease Control and Prevention (CDC) and Joint Commission emphasize on proper hand hygiene practices of medical staff. This is increasing demand for hands-free and touchless activated sinks. Moreover, trend of customization as per room size and usage is observed. Manufacturers offer customized sink designs, sizes, faucet positions to optimize workflow. Advent of antimicrobial coated and self-sterilizing sinks is also gaining traction due to heightened awareness regarding infections.
Porter’s Analysis
Threat of new entrants: New entrants face high costs of production and distribution in this consolidating industry which discourages new entrants. Bargaining power of buyers: Buyers have moderate bargaining power due to the availability of several manufacturers supplying surgical sinks in the market. Bargaining power of suppliers: Suppliers have moderate bargaining power given the availability of substitute materials that can be used for manufacturing surgical sinks. Threat of new substitutes: Threat of new substitutes is low as surgical sinks provide unique features for hospitals and healthcare facilities. Competitive rivalry: The surgical sinks market is highly concentrated with key global players.
Key Takeaways
The Global Surgical Sinks Market Size is expected to witness high growth, exhibiting CAGR of 5.6% over the forecast period, due to increasing demand for aseptic conditions in hospitals and ASCs.
Regional analysis: North America is expected to dominate the global surgical sinks market during the forecast period. This is attributed to the presence of major players and established healthcare infrastructure in the region. Asia Pacific is projected to be the fastest growing market for surgical sinks due to rising medical tourism and increasing healthcare spending in countries such as China and India.
Key players: Key players operating in the surgical sinks market are TBJ Incorporated, Getinge AB, Steelco S.p.A., MAC Medical, Inc., TEAL Patents Ltd., MEGASAN Medikal, Elmo Technology, The Brewer Company, Inmoclinc, Bemis Manufacturing Company, Ophthalmic Instruments, Inc., Duravit AG, Infection Prevention Technologies, Fractovia.org, Surgical Sink Company.TBJ Incorporated targets large hospitals having 50-100 surgical rooms by providing customize sink solutions.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemical and materials, defense and aerospace, consumer goods, etc.
