According to a new market report published by Transparency Market Research titled ‘Hospital Disinfectant Products Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026,’ the global hospital disinfectant products market was valued at US$ 10,845.74 Mn in 2017. It is expected to reach US$ 17,192.96 Mn in terms of revenue by 2026, expanding at a CAGR of 5.3% from 2018 to 2026. The market in Asia Pacific is likely to expand at a rapid growth rate during the forecast period from 2018 to 2026, due to increase in prevalence of infectious diseases in countries in Southeast Asia, presence of a large number of distribution channels, and launch of new hospital disinfectant products by major manufacturers.
Factors such as increase in number of hospital-acquired/associated infections (HAI) across regions, increase in the number of minimally invasive surgeries, and rise in need for extensive use of medical instruments are expected to increase the demand for hospital disinfectant products during the forecast period. Apart from this, rise in stringent regulations in the medical sector regarding maintaining hygiene and cleanliness is expected to increase the adoption of hospital disinfectant products during the forecast period.
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In terms of type, the liquid segment is likely to offer significant expansion opportunities as liquid disinfectants are easy to reach surfaces or corners and are long lasting.
In terms of skin care, the hand sanitizer segment is expected to maintain its market share due to increasing implementation of cleanliness and hygiene regulations mandated by state authorities, which is expected to boost the growth of the hospital disinfectant products market across the world during the forecast period 2018 – 2026.
In terms of surface cleaner, floor cleaners and toilet cleaners are expected to be the most attractive segments as compared to other segments during the forecast period. The rise in number of chronic diseases and increase in surgical procedures are expected to boost the use of surface cleaners.
The global hospital disinfectant products market has been segmented based on type, application, and geography. Based on type, the market has been classified into liquid, gel & lotions, spray & foam, wipes, devices, surveillance providers, and others. Based on application, the market is segmented into skincare, surface cleaners, air cleaners, water cleaners, disinfectant instrument & accessories, and surveillance providers. In term of skincare, the market is further sub segmented into skin cleanser, hand sanitizer, surgical scrubs, skin conditioners, and others
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The surface cleanser segment has been sub segmented into toilet cleaners, floor cleaners, surface sanitizer, and instrument decontaminant solution. Based on air cleaners, the market is further classified into air neutralizer and air freshener. In term of water cleaner, the market has been sub segmented into water disinfectant solution and water purification products. In term of disinfectant instrument & accessories, the market is sub segmented into hand sanitizer dispenser, UV disinfectant fogger, disinfectant air purifier, water sterilizer, and others. In term of surveillance providers, the market is sub segmented into antimicrobial stewardship, infection prevention, and others.
The market in North America has been divided into the U.S., Canada, and Rest of North America. Similarlythe market in Europe has been classified into Germany the U.K., France, and the Rest of Europe. Asia Pacific has been segmented into China, Japan, India, and the Rest of Asia Pacific. Middle East &Africa covers the G.C.C. countries, South Africa, and the Rest of Middle East & Africa. Similarly South America includes Brazil and the Rest of South America. This report provides all the essential information required to understand hospital disinfectant products and their types.
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