Dublin, March 21, 2023 (GLOBE NEWSWIRE) -- The "Global Bio Decontamination Market Share Analysis by Product, Agent, Type, End-user - Industry Growth and Demand Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.
The bio decontamination market size stood at USD 171.4 million in 2022, and it is on track to hitting USD 294.7 million by 2030, growing at a 7% CAGR between 2022 and 2030.
Companies Mentioned
- STERIS plc
- Ecolab Inc.
- TOMI Environmental Solutions
- JCE BIOTECHNOLOGY
- Fedegari Autoclavi SpA
- Howorth Air Technology Limited
- SolidFog Technologies
- ClorDiSys Solutions Inc.
- Noxilizer Inc.
- Zhejiang Tailin bioengineering Co. Ltd.
- Amira SRL
The analyst states the expansion of this industry is owing to the escalating count of surgical procedures, surging cases of HAIs, and growing pharmaceutical and biotechnology sectors.
The largest potential for this industry is in the expanding healthcare sector. With the increasing burden of infections, proper decontamination of medical facilities is a must. Many countries learned this lesson the hard way during the pandemic, when a significant case count was attributed to healthcare facilities that were not properly sanitized.
In 2022, the equipment category accounted for the largest revenue share, of about 55%, owing to the existence of numerous pieces of sanitizing equipment and the advantages related to them.
For example, washer disinfectors are often used in the medical and pharmaceutical sectors to either clean things before application or prepare reusable items (such as surgical instruments) for further sterilization.
Hydrogen Peroxide Sale Produced Most Revenue
The hydrogen peroxide category accounted for the largest market share, of above 40%, in 2022. A variety of microorganisms can be effectively killed using low concentrations of hydrogen peroxide vapors.
Most polymers and adhesives employed in the manufacture of healthcare gadgets are incapable of withstanding high temperatures. Hydrogen peroxide vapor sterilization may be successfully performed at temperatures as low as 4 C (39 F).
Furthermore, due to the low D-values associated with hydrogen peroxide vapors, rapid sterilization is feasible. The isolators can be put to more-diverse uses because of the short sterilization time. Additionally, since a pressure vessel is not required with HPV, costs are lower. Moreover, as a result of the peroxide vapors' improved effectiveness, the usage of other chemicals comes down.
HAIs Cases Are Rapidly Increasing in North America
With a share of about 45%, North America is the largest market, attributed to the growing count of surgical procedures and HAI cases and the existence of key players.
In the U.S. and Canada, after heart disease, cancer ranks as the second-most-common cause of death. In contrast to prostate and breast cancer, which are the most-often-diagnosed malignancies in men and women, respectively, lung cancer is the most-common cause of cancer mortality in both sexes.
Moreover, the European region has a significant share, of above 25%, primarily due to the mounting prevalence of HAIs. In the EU each year, over 4 million patients contract a healthcare-related infection.
In Europe, several distinct national-level systems provide healthcare services. As European customers seek more convenience, more alternatives, and shorter wait times, the private healthcare industry is booming.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 250 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $171.4 Million |
| Forecasted Market Value (USD) by 2030 | $294.7 Million |
| Compound Annual Growth Rate | 7.0% |
| Regions Covered | Global |
Key Topics Covered:
Chapter 1. Research Scope
Chapter 2. Research Methodology
Chapter 3. Executive Summary
Chapter 4. Voice of Industry Experts/KOLs
Chapter 5. Market Indicators
Chapter 6. Industry Outlook
6.1. Market Dynamics
6.1.1. Trends
6.1.2. Drivers
6.1.3. Restraints/challenges
6.1.4. Impact analysis of drivers/restraints
6.2. Impact of COVID-19
6.3. Porter's Five Forces Analysis
Chapter 7. Global Market
7.1. Overview
7.2. Market Revenue, by Product (2017-2030)
7.3. Market Revenue, by Agent (2017-2030)
7.4. Market Revenue, by Type (2017-2030)
7.5. Market Revenue, by End-user (2017-2030)
7.6. Market Revenue, by Region (2017-2030)
Chapter 8. North America Market
Chapter 9. Europe Market
Chapter 10. APAC Market
Chapter 11. LATAM Market
Chapter 12. MEA Market
Chapter 13. U.S. Market
Chapter 14. Canada Market
Chapter 15. Germany Market
Chapter 16. France Market
Chapter 17. U.K. Market
Chapter 18. Italy Market
Chapter 19. Spain Market
Chapter 20. Japan Market
Chapter 21. China Market
Chapter 22. India Market
Chapter 23. Australia Market
Chapter 24. South Korea Market
Chapter 25. Brazil Market
Chapter 26. Mexico Market
Chapter 27. Saudi Arabia Market
Chapter 28. South Africa Market
Chapter 29. U.A.E. Market
Chapter 30. Competitive Landscape
30.1. List of Market Players and Their Offerings
30.2. Competitive Benchmarking of Key Players
30.3. Product Benchmarking of Key Players
30.4. Recent Strategic Developments
Chapter 31. Company Profiles
Chapter 32. Appendix
For more information about this report visit https://www.researchandmarkets.com/r/qwsxeu
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