The global demand for Antiseptics & Disinfectants Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
Antiseptics and disinfectants are a group of chemical compounds widely used in the topical and non-living surface applications by healthcare centers and hospitals. Antiseptics and disinfectants slow or stop the growth of micro-organisms such as bacteria, viruses, and fungi. Antiseptics are the chemical compounds applied to living tissues to reduce the growth or spreadability of infection. In contrast, disinfection is the chemical substance used to refer to the non-living things to kill or prevent the growth of bacteria on the surface of objects. The availability of antiseptics and disinfectants in various formats - sprays, ointments, wipes, gels, and liquids - is increasing the convenience of use for end users.
The high incidence rates and occurrences of hospital-acquired diseases raised focus on hygiene, and rising concerns about the spread of infectious diseases in commercial and industrial spaces and residential areas drove the market growth. Also, technological advancements such as increasing usage of endoscope reprocessors and surgical units with automated disinfectant sprayers are estimated to fuel the market in the upcoming year. Other factors include rising knowledge about the benefits of the antiseptics and disinfectant for controlling/extinction of various pandemic diseases is measured as a significant driving factor of increasing demand. Moreover, a growing number of surgical procedures, healthcare expenditure, the rise in disposal incomes are also the factors that are accountable for fuelling the growth of antiseptics, and the disinfectant market. However, stringent regulatory requirements are considered as a restraint for market growth.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of antiseptics & disinfectants.
The entire antiseptics & disinfectants market has been sub-categorized into type, product type and end-use. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Product Type
- Quaternary Ammonium Compounds
- Chlorine Compounds
- Alcohols & Aldehyde Products
- Enzymatic Cleaners
- Medical Device Disinfectants
- Surface Disinfectants
This section covers regional segmentation which accentuates on current and future demand for antiseptics & disinfectants market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Europe Antiseptics & Disinfectants Market By Revenue (USD MN)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the antiseptics & disinfectants market include 3M, Reckitt Benckiser Group plc, STERIS Plc, Kimberly-ClarK Corporation, Bio-Cide International, Inc., Cardinal Health, Novartis AG, BD, Johnson & Johnson. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.