New York, NY -- (SBWire) -- 02/19/2021 --The global Antiseptics and Disinfectants Market is forecasted to reach USD 30.17 Billion by 2027, according to a new report by Reports and Data. The market for antiseptic and disinfectant is witnessing increased demand due to the rise in the number of hospital-acquired infections (HAIs). Moreover, the rise in the infectious virus has also created a demand for the product. The growing awareness among people regarding the benefits of the market and advancement in technology has spurred the demand for antiseptic and disinfectant products. The surge in the number of surgeries has also impacted market growth.
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Certain regulations, like the Affordable Care Act, have encouraged hospitals to adopt a cleaner and safer regime to maintain cleaner infrastructure and facilities. A recent outbreak in the COVID-19 virus has made it more clear to the organization regarding the need for a healthier facility. The development of an alternative to the market product is challenging its growth. Technological innovation has enabled the development of substitutes for manual cleaning.
The following players are covered in the report:
Johnson & Johnson
3M
Steris Plc
Bio-Cide International
Novartis Ag
Becton
Dickinson And Company
Nufarm Limited
Others
The COVID-19 impact:
Coronavirus is having a tremendous impact on the antiseptic and disinfectant industry. The rising demand for sanitizers and disinfectants as a preventive measure against COVID-19 has resulted in changing the dynamic of the market. The products are flying off the racks as they are being stockpiled, and manufacturers have started production in large quantities to meet the requirements of the consumers. The demand has surged exponentially, and the market will face a steady demand even when the impact of COVID-19 has reduced.
Further key findings from the report suggest:
Chlorine compounds are used to disinfect surface areas, medical equipment, and bleaching materials. This type of antiseptics and disinfectants are commonly used as they are easily available and cost-effective. Chlorine compounds are extensively used in both the medical and the food industry.
Surface disinfectant is expected to grow at the fastest CAGR during the forecast period. The physical environment plays a very important role in the transmission of disease, and advanced technologies are used in healthcare facilities to reduce surface disinfection. Ultraviolet surface disinfection is being regarded as one of the novel technologies with ample potential.
Hospitals held a large share in the forecast period. The risk of acquiring HAIs is high, and facilities have to maintain a clean, hygienic environment for the patient to recover. Furthermore, growth in healthcare budgets has also propelled the demand for these products.
North America has the highest adoption rate of the antiseptics and disinfectants market owing to the high disposable income and high level of awareness. Additionally, the presence of major market players in the region has also encouraged the growth of the market.
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For the purpose of this report, Reports and Data has segmented into the Global Antiseptics and Disinfectants Market on the basis of type, product type, end-use, and region:
Type Outlook (Revenue, USD Billion; 2017-2027)
Chlorine Compounds
Quaternary Ammonium Compounds
Enzymes
Alcohols & Aldehyde Products
Others
Product Type Outlook (Revenue, USD Billion; 2017-2027)
Medical Device Disinfectants
Enzymatic Cleaners
Surface Disinfectants
End-Use Outlook (Revenue, USD Billion; 2017-2027)
Hospitals
Clinics
Others
Regional Outlook (Revenue, USD Billion; 2017-2027)
North America
U.S
Canada
Europe
Germany
U.K
France
BENELUX
Rest of Europe
Asia Pacific
China
Japan
South Korea
Rest of APAC
MEA
Saudi Arabia
UAE
Rest of MEA
Latin America
Brazil
Rest of LATAM
Key questions answered:
What will be the market growth rate of the Antiseptics and Disinfectants market in the forecast period?
What are the major factors fuelling the global Antiseptics and Disinfectants market?
Who are the key manufacturers in the Antiseptics and Disinfectants market space?
What are the market opportunities and market risks faced by the Antiseptics and Disinfectants market?
What are the sales, revenue, and price analysis of the top manufacturers in this market?
Who are the distributors, traders, and vendors in the Antiseptics and Disinfectants industry?
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Reasons for Buying this Report:
To gain helpful insights into the Antiseptics and Disinfectants Industry and delivers a comprehensive understanding of the global market and its competitive landscape.
Assess the production processes, major restraints, and solutions.
Latest market strategies that are being adopted by leading players of the market.
The report provides specific analysis for the rapidly changing dynamics of the Industry.
An understanding of the future outlook and prospects for the market.
Thank you for reading this article; you can also get individual chapter-wise sections or region-wise reports specifically for the regions of North America, Europe, Asia Pacific, Latin America, or Middle East & Africa.
Table of contents
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Indicative Metrics
Chapter 4. Antiseptics and Disinfectants Market Segmentation & Impact Analysis
4.1. Antiseptics and Disinfectants Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Increasing use of endoscope reprocesses and surgical units
4.2.2.2. Growing prevalence of hospital acquired diseases
4.2.3. Market restraints analysis
4.2.3.1. Stringent regulations
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter's Five Forces Analysis
4.7. Competitive Metric Space Analysis
4.8. Price trend Analysis
4.9. Customer Mapping
4.10. Covid-19 Impact Analysis
4.11. Global Recession Influence
Chapter 5. Antiseptics and Disinfectants Market By Type Insights & Trends
5.1. Type Dynamics & Market Share, 2019 & 2027
5.2. Chlorine Compounds
5.2.1. Market estimates and forecast, 2017 – 2027 (USD Billion)
5.2.2. Market estimates and forecast, By Region, 2017 – 2027 (USD Billion)
5.3. Quaternary Ammonium Compounds
5.3.1. Market estimates and forecast, 2017 – 2027 (USD Billion)
5.3.2. Market estimates and forecast, By Region, 2017 – 2027 (USD Billion)
5.4. Enzymes
5.4.1. Market estimates and forecast, 2017 – 2027 (USD Billion)
5.4.2. Market estimates and forecast, By Region, 2017 – 2027 (USD Billion)
5.5. Alcohols & Aldehyde Products
5.5.1. Market estimates and forecast, 2017 – 2027 (USD Billion)
5.5.2. Market estimates and forecast, By Region, 2017 – 2027 (USD Billion)
5.6. Others
5.6.1. Market estimates and forecast, 2017 – 2027 (USD Billion)
5.6.2. Market estimates and forecast, By Region, 2017 – 2027 (USD Billion)
Chapter 6. Antiseptics and Disinfectants Market By Product Type Insights & Trends
Continued…..
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Antiseptics and Disinfectants Market Size, Top Trends in 2021 - Global Industry Revenue, Forecast to 2027 : 3M, STERIS Plc, Cardinal Health, Etc
Antiseptics and Disinfectants Market Size – USD 17.97 Billion in 2019, Market Growth - CAGR of 6.6%, Market Trends – Increasing incidence of COVID-19.