Global Antiseptic And Disinfectant Market Size By Type (Quaternary Ammonium Compounds, Chlorine Compounds), By Product (Enzymatic Cleaners, Medical Device Disinfectants), By End-use (Hospitals, Clinics), By Geographic Scope And Forecast
Published on: 2024-08-12 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Antiseptic And Disinfectant Market Size By Type (Quaternary Ammonium Compounds, Chlorine Compounds), By Product (Enzymatic Cleaners, Medical Device Disinfectants), By End-use (Hospitals, Clinics), By Geographic Scope And Forecast
Antiseptic And Disinfectant Market Size And Forecast
Antiseptic And Disinfectant Market size was valued at around USD 35 Billion in 2021 and is projected to reach USD 80 Billion by 2030, growing at a CAGR of 10% from 2023 to 2030.
The rise in disposable income and the expansion of healthcare facilities are driving the Antiseptic And Disinfectant Market expansion. The market is expected to grow as a result of increased demand for personal hygiene products brought on by an increase in disposable income. Rapid urbanization is another cause that is projected to increase the number of people with infectious diseases such as skin infections and respiratory tract infections, among others. Due to the high number of persons affected by these diseases, the demand for antiseptics and disinfectants is further increased.
Global Antiseptic And Disinfectant Market Definition
In order to eradicate or stop the growth of microorganisms like bacteria and viruses on surfaces or in the environment, antiseptics and disinfectants are utilized. To lower the danger of infections, they are frequently used in homes, hospitals, and other places. To stop the development of microorganisms and lower the possibility of infections, antiseptics are administered directly to the skin or mucous membranes. To eliminate or kill bacteria, disinfectants are applied to surfaces and inanimate items like doorknobs and counters.
Global Antiseptic And Disinfectant Market Overview
Natural and environmentally friendly antiseptics and disinfectants have been increasingly popular in recent years. This is a result of growing awareness of the potential health and environmental risks linked to conventional chemical-based products. Increasingly natural and biodegradable antiseptics and disinfectants have been developed as a result of the growing demand for sustainable and ecologically friendly cleaning products. The COVID-19 epidemic has raised awareness of the value of good hand hygiene, which has increased the use of hand sanitizers and other antiseptic products. More sophisticated and potent antiseptics and disinfectants have been developed as a result of the development of new technologies and materials.
The pandemic has led to an increased demand for antiseptics, such as hand sanitizers, and disinfectants, as individuals and businesses seek to protect themselves from the virus. During this time, hand sanitizers and alcohol-based disinfectants in particular experienced significant shortages and price increases due to the spike in demand for antiseptics and disinfectants. The epidemic has sparked research and innovation that has resulted in the creation of new and improved antiseptic and disinfection solutions, especially for use in healthcare settings.
Growing initiatives to lower HAI cases and increase awareness of personal and household hygiene are greatly enhancing market growth. The market is anticipated to grow quickly as awareness grows, especially in developing nations such those in Asia, the Middle East, Africa, and Latin America. The illness can transmit from one patient to the next since these instruments come into intimate contact with the skin and body, hence appropriate reprocessing of medical devices and endoscopes is also required. In addition, strategies are required for hospitals to uphold proper sanitation and hygiene, lowering the incidence of HAls.
Throughout the forecast period, this tendency is anticipated to support market expansion for antiseptics and disinfectants. Insurance companies are luring prospective customers by offering them alluring reimbursement plans that will let them select cutting-edge medical facilities. In order to make treatment alternatives affordable for these people despite their limited disposable income, reimbursement measures are promoted. The number of reimbursements that have been approved over time has increased as a result of an increase in the number of cases affected by infectious diseases.
Global Antiseptic And Disinfectant Market Segmentation Analysis
The Global Antiseptic And Disinfectant Market is segmented on the basis of Type, Product, End-use, And Geography.
Antiseptic And Disinfectant Market, By Type
- Quaternary Ammonium Compounds
- Chlorine Compounds
- Alcohols & Aldehyde Products
- Enzyme
- Others
Based on the Type, the market is segmented into Quaternary Ammonium Compounds, Chlorine Compounds, Alcohols & Aldehyde Products, Enzyme, and Others. Due to the enormous demand seen in the industry, alcohol and aldehydes have grown to be the largest market in this sector by type. The pandemic outbreak had a significant effect on the expansion of the alcohol and aldehyde market because of the rising need for antiseptics and disinfectants that could give the highest level of sanitization. In order to prevent the spread of the infection and reduce the rate of mortality brought on by it, the need for cleanliness peaked during the pandemic.
The growth of the market for antiseptics and disinfectants, particularly the segment containing alcohol and aldehydes, was increased by the vast number of persons who became ill during the epidemic. The segment of phenols and derivatives that came following this section showed a large growth. The rapid adoption of sanitizers and antiseptics in homes and workplaces resulted in a rise in the usage of phenols, which primarily offered an aromatic smell to the sanitizers and disinfectants to maintain the ambiance of the commercial spaces.
Antiseptic And Disinfectant Market, By Product
- Enzymatic Cleaners
- Medical Device Disinfectants
- Surface Disinfectants
Based on the Product, the market is segmented into Enzymatic Cleaners, Medical Device Disinfectants, And Surface Disinfectants. Surface disinfectants are used to inactivate or kill bacteria on inert surfaces. These disinfectants function by rupturing the cell walls of microorganisms or by obstructing their metabolism. It is possible to avoid hospital-acquired illnesses that are neither present nor incubating at the time of a patient’s admission by performing thorough surface disinfection. For various objectives, a range of compounds is used in surface disinfectants. The sodium hypochlorite (bleach/chlorine) solution may be used in non-healthcare settings at a recommended concentration of 0.1% or 1,000 ppm, according to data revised by the World Health Organization (WHO) in March 2022. One can also disinfect surfaces with alcohol at a 70–90% concentration. Surfaces need to be cleaned with water, soap, or a detergent to get rid of dirt before being disinfected.
Antiseptic And Disinfectant Market, By End-use
- Hospitals
- Clinics
- Others
Based on the End-use, the market is segmented into Hospitals, Clinics, And Others. In hospitals settings, antiseptics and disinfectants are essential for preventing the spread of illnesses. In order to lower the risk of healthcare-associated infections, disinfectants are used to clean and sterilize surfaces in hospital rooms, operating rooms, and other locations. In order to encourage hand cleanliness and lower the danger of cross-contamination, antiseptics, such as alcohol-based hand sanitizers, are frequently used in healthcare settings. To stop the transmission of infections, medical tools and equipment are disinfected using disinfectants and sterilization methods like steam sterilization and gas sterilization.
Antiseptic And Disinfectant Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of the World
On the basis of Regional Analysis, the Global Antiseptic And Disinfectant Market is classified into North America, Europe, Asia Pacific, and Rest of the world. The North American region leads the market primarily as a result of elements including the substantial presence of key industry competitors and the United States’ highly developed healthcare system. Henceforth, antiseptics and disinfectants are being used widely in hospital settings. The development of cutting-edge healthcare facilities, rising hospital-acquired infections, increased awareness of the value of maintaining personal hygiene globally, and rising healthcare spending are some of the factors anticipated to propel the Antiseptic And Disinfectant Market during the forecast period.
Key Players
With a focus on the global market, the “Global Antiseptic And Disinfectant Market” study report will offer insightful information. The major players in the market are 3M Company, Becton, Dickinson and Company, Reckitt Benckiser Group plc, Steris PLC, The Clorox Company, Kimberly, Clark Corporation, Bio-Cide International, Cardinal Health, and Johnson & Johnson amongst others. The competitive landscape section also includes information about the above competitors’ key development strategies, market share analyses, and market positioning analyses on a global scale.
Key Developments
- In June 2021, CaviWipe 2.0, new surface disinfection wipes were released by Metrex Research, LLC. SARS-CoV-2 and 42 other types of viruses are protected from by these multipurpose disinfectant wipes.
- In February 2021, Microban 24, a new antibacterial household sanitizer called was released by Proctor & Gamble. A sanitising spray, bathroom cleaner, and multipurpose cleaner are three of the different Microban 24 formulations that are offered.
Ace Matrix Analysis
The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.
Market Attractiveness
The image of market attractiveness provided would further help to get information about the region that is majorly leading in the Global Antiseptic And Disinfectant Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.
Porter’s Five Forces
The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in the Global Antiseptic And Disinfectant Market, gauge the attractiveness of a certain sector and assess investment possibilities.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
Study Period | 2018-2030 |
Base Year | 2021 |
Forecast Period | 2023-2030 |
Historical Period | 2018-2020 |
Unit | Value (USD Billion) |
Key Companies Profiled | 3M Company, Becton, Dickinson and Company, Reckitt Benckiser Group plc, Steris PLC, The Clorox Company, Kimberly, Clark Corporation, Bio-Cide International. |
Segments Covered | By Type, By Product, By End-use, And By Geography. |
Customization scope | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope. |