Global Antiseptics and Disinfectants Market Research Report, 2019 to 2026
by Susan Hill Business ConsultantThe global antiseptics
and disinfectants market size is expected to reach USD 27.99 billion by 2026, according to a
new report by Grand View Research, Inc. It is anticipated to expand at a CAGR
of 6.7% during the forecast period. Increasing prevalence of Hospital-acquired
Infections (HAIs), awareness about home cleanliness and the need for
disinfection, and usage of endoscope reprocesses and surgical units across the
globe are the key driving factors.
Rising use of Gastrointestinal (GI) endoscopes and
surgical units due to the increasing rate of surgeries across the globe is
expected to drive the antiseptics and disinfectants market growth over the
forecast period. GI endoscopy is one of the important tools for the treatment
and identification of disorders of the gastrointestinal tract. Proper
understandings of application to GI endoscopy and infection control is very
much essential as it helps to prevent transmission of infection through
endoscopes and lapses in reprocessing.
Moreover, endoscopes need to be
reprocessed appropriately as per the infection-control guidelines to lower the
risk of acquiring environmental or patient-borne microorganisms. Thus, in such
cases application of proper antiseptics and disinfectant solutions are very
much essential to prevent transmission of infections. In addition, increasing
rate of endoscopy is expected to surge the risk of getting such infections.
For instance, as per the BMJ Publishing Group Ltd
& British Society of Gastroenterology, published in 2018, the demand for
gastrointestinal endoscopy has grown immensely for both and bowel cancer
screening and symptomatic patients owing to which overall demand has doubled in
many centers in U.K. over the last five years. Such factors are anticipated to
drive the growth of antiseptics & disinfectants market.
Further
key findings from the report suggest:
- In terms of revenue, quaternary ammonium compounds segment is
expected to hold the largest market share over the forecast period. High
prevalence of HAIs is the major factor driving the growth
- Enzymatic cleaners are expected to witness the fastest growth over
the forecast period. Increasing rate of surgeries is expected to drive the
segment growth as the product is majorly used for disinfection of surgical
kits
- Asia-Pacific antiseptics and disinfectants market is expected to
witness the fastest growth over the forecast period owing to the
increasing number of hospitals and clinics
- Prominent market players are BD, Johnson & Johnson, Novartis AG,
and Cardinal Health.
Grand View Research has segmented the global
antiseptics and disinfectants market on the basis of type, product type, end
use, and region:
Antiseptics
and Disinfectants Type Outlook (Revenue, USD Million, 2014 - 2026)
- Quaternary Ammonium Compounds
- Chlorine Compounds
- Alcohols & Aldehyde Products
- Enzyme
- Others
Antiseptics
and Disinfectants Product Type Outlook (Revenue, USD Million, 2014 - 2026)
- Enzymatic Cleaners
- Medical Device Disinfectants
- Surface Disinfectants
Antiseptics
and Disinfectants End Use Outlook (Revenue, USD Million, 2014 - 2026)
- Hospitals
- Clinics
- Others
Antiseptics
and Disinfectants Regional Outlook (Revenue, USD Million, 2014 - 2026)
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- Asia-Pacific
- Japan
- China
- Latin America
- Brazil
- MEA
- South Africa
- Saudi Arabia
Access full research report on global antiseptics and disinfectants market:
https://www.grandviewresearch.com/industry-analysis/antiseptics-and-disinfectants-market
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Created on Jul 1st 2019 06:48. Viewed 344 times.