Increasing need to lower healthcare-associated infections, growing use of antiseptics agents, and rising number of surgeries globally are some key factors expected to drive market growth.
Increasing need to lower healthcare-associated infections, growing use of antiseptics agents, and rising number of surgeries globally are some key factors expected to drive market growth
New York, December 14, 2021 – Reports and Data has published its latest report titled “Antiseptics and Disinfectants Market Size, Share & Analysis, By Type (Chlorine Compounds, Quaternary Ammonium Compounds, Enzymes), By Product Type (Medical Device Disinfectants, Enzymatic Cleaners, Surface Disinfectants), By End-Use (Hospitals, Clinics), and By Region, Forecast To 2028”
According to the latest report by Reports and Data, the global antiseptics and disinfectants market size was USD 19.15 Billion in 2020 and is expected to reach USD 31.93 Billion in 2028 and register a revenue CAGR of 6.6% during the forecast period, 2021-2028.
Drivers, Restraints, and Opportunities
Antiseptics and disinfectants are widely used in hospitals and clinics to control infections. Antiseptics kill microorganisms on that are present on the skin, whereas disinfectants are utilized to kill germs on nonliving surfaces or on hard surfaces. They are commonly used in the healthcare sector to reduce transient microbial flora on health care providers’ hands to prevent person-to-person transmission of microbes, prepare patients’ skin prior to surgeries, and achieve surgical hand antisepsis. Increasing public awareness regarding benefits of sanitizers and disinfectants due to rising number of coronavirus cases globally is a major factor expected to drive antiseptics and disinfectants market revenue growth over the forecast period. Alcohols, chlorhexidine, iodophors, cholorxylenol, and iodine are popularly used disinfectants and antiseptics.
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In addition, ongoing extensive research and development activities on the development of antiseptics and disinfectants that can overcome microbial resistance while minimizing toxicity is another factor contribute to revenue growth of the market. Antiseptics are used by medical workers to ensure that hand scrubs and rubs are sterile and clean. These materials are typically used in hospitals for non-porous surfaces and non-critical devices, as well as for blood spills, bathrooms, and food prep zones.
However, side effects of antiseptic and disinfectant agents is a major factor expected to restrain antiseptics and disinfectants market revenue growth during the forecast period. Prolonged exposure to disinfectants among healthcare professionals have led to development of side effects such as headache, sneezing, skin rashes, and chronic cough. Certain research investigations have shown that using cleaning products on a weekly basis increases the incidence of asthma and asthma-related symptoms.
COVID-19 Impact Analysis
- Social distancing and restrictions severely disrupted businesses and operations
- Lockdowns caused disruptions in transportation and logistics
- impacted manufacturing activities and mining operations globally
- Took a toll on economy of various countries
- Caused sudden and drastic downturn in economic activity
- Disrupted agriculture, fisheries, dairy, and other sectors
- Caused loss of employment and financial crisis
- Supply impacts were further compounded owing to reduced disposable income
- Emergence of variants continue to cause concerns and impact normal routines
Medical Device Disinfectants Segment to Lead in Terms of Revenue Share:
Medical device disinfectants segment is expected to account for largest revenue share in the global market over the forecast period attributed large scale use of disinfectants in disinfection or reprocessing of medical devices. Medical equipment decontamination and reprocessing are critical steps in saving patients’ lives, lowering the risk of hospital-acquired illnesses and therefore protect healthcare workers. Antiseptics and disinfectants are an important aspect of infection control procedures because they help to prevent or minimize nosocomial infections.
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Hospitals Segment to Register Significant Revenue Growth:
Hospitals segment is expected to register significant revenue growth over the forecast period due to increasing number of hospitals especially in developing countries, growing awareness regarding the importance of cleanliness in hospitals (during Covid 19 pandemic) and to minimize the incidence of Hospital Acquired Infections (HAI). Disinfection and sterilisation are critical for ensuring that surgical and medical tools do not spread infectious germs to patients.
North America to Register Robust Revenue Growth:
North America is expected to register robust revenue growth over the forecast period attributable to growing focus on home disinfection, increasing number of surgeries, growing popularity of minimally invasive procedures, presence of well-structured healthcare infrastructure and rising government initiatives towards awareness among healthcare facilities and individuals regarding benefits of routine disinfection processes.
Asia Pacific Accounted for Largest Revenue Share in 2020:
Asia Pacific is expected to account for largest revenue share in the global market in 2020 over the forecast period attributable to rising government initiatives in prevention of healthcare-associated infections, growing adoption of cleaning services due to increasing consumer focus on health and wellness. Further, rising disposable income among individuals and availability of robust disinfecting agents, especially in emerging economies including India, Malaysia and China, drive revenue growth of the APAC market.
Major Companies in the Market Include:
- Reckitt Benckiser Group plc.
- Kimberly-Clark Corporation
- Cardinal Health
- Johnson & Johnson
- 3M
- STERIS Plc
- Bio-Cide International, Inc.
- Novartis AG
- Becton
- Dickinson and Company
- Nufarm Limited
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Market Segmentation:
For the purpose of this report, Reports and Data has segmented global antiseptics & disinfectants market based on type, product type, end-use, and region:
Type Outlook (Revenue, USD Billion; 2018-2028)
- Chlorine Compounds
- Quaternary Ammonium Compounds
- Enzymes
- Alcohols & Aldehyde Products
- Others
Product Type Outlook (Revenue, USD Billion; 2018-2028)
- Medical Device Disinfectants
- Enzymatic Cleaners
- Surface Disinfectants
End-Use Outlook (Revenue, USD Billion; 2018-2028)
- Hospitals
- Clinics
- Others
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Regional Outlook (Revenue, USD Billion; 2018-2028)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Sweden
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- U.A.E.
- South Africa
- Israel
- Rest of MEA
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