Reports and Insights (R&I) has published a new report titled, “Sterile Surface Disinfectant Market: Opportunity Analysis and Future Assessment 2020-2028”
The sterile surface disinfectant market is estimated to reach at a value of 4.3 Bn by the end of 2022 and expected to reach at a value of US$ 7 Bn by 2030 with a significant CAGR of 7.1%.
Global Sterile Surface Disinfectant Market, By Composition (chemical (alcohols, ammonium compounds, oxidizing agents, phenolics, aldehydes, and others), bio-based), By Form (liquids, wipes, and sprays), By Application (in-house surfaces, instruments, and others), By End-Use (medical, laboratory, and others), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, & Africa) is expected to grow at a significant CAGR for the period between 2020 and 2028.
As per the report, the rising healthcare and medical activities across the world associated with the constantly surging incidence of hospital-acquired infections among the masses, globally, is one of the major factors that is propelling the demand of sterile surface disinfectant in the healthcare industry. In support of that, of every 100 hospitalized patients at any particular time, 7 in developed and 10 in emerging countries is estimated to bring in at least one hospital-acquired infection, as per the World Health Organization. Therefore, the healthcare establishments worldwide are getting more cognizant about the maintenance of sanitation and hygiene of surroundings as well as medical equipment and devices, which positively fuels the demand of sterile surface disinfectant in the global market.
Basically, a surface disinfectant is a kind of chemical that is used to eliminate or get rid of harmful microorganisms or pathogens. The sterile surface disinfectant works better and affirmatively replaces the regular sanitizers as it carries the capability to eradicate all kinds of bacteria and germs. Owing to which, the global sterile surface disinfectant market is expected to witness huge breakthroughs in the forthcoming years.
In addition to that, there are strict guidelines and standards set from the government and regulatory authorities for the health-management sector which makes it mandatory for them to follow the guidelines and adhere to the standards. Such factors further boosts the demand of the sterile surface disinfectant in the global market, thus expected to augment the growth of the global sterile surface disinfectant market over the forecast period.
However, the surface disinfectant may be ineffective sometimes and can cause various other types of complications in the healthcare organizations which acts as a restraining factor for the growth of the global sterile surface disinfectant market in the near future.
Furthermore, availability of other ways of sterilizing and disinfecting processes such as pre-sterilization and UV radiation is also likely to hold back the demand of sterile surface disinfectant in the global market, hence projected to restrict the growth of the global sterile surface disinfectant market in the given timeframe.
Nevertheless, the key market players of the market are focused towards making the disinfectant and sterilization products and processes more effective and safe for the patients, healthcare workers as well as for the surroundings. In support of that, one of the major drivers that is accelerating the demand of sterile surface disinfectant swiftly is the accessibility and increasing usage of sprays and wipes for all kinds of surfaces and workstations in healthcare establishments across the world. Hence, the global sterile surface disinfectant market is estimated to witness significant growth in the near future.
R&I Study identifies some of the key participating players in the sterile surface disinfectant market globally are 3M Company, Cantel Medical Corporation, Ecolab, Procter and Gamble, SC Johnson Professional, Steris Corporation, The Clorox Company, Whiteley Corporation, among others.
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