The report offers an accurate forecast estimation of the Bio Decontamination Market based on the recent technological and research advancements. It also offers valuable data to assist the investors in formulating strategic business investment plans and capitalize on the emerging growth prospects in the Bio Decontamination Market.
The global bio decontamination market size is expected to reach USD 280.8 Million at a steady revenue CAGR of 7.3% in 2030, according to the latest analysis by Emergen Research. One of the primary driving factors leading to increased revenue growth of the market is rising prevalence of hospital-acquired infections. Every year, the European Centre for Disease Prevention (ECDC) estimates that 3.1-4.6 million people in the European Union (EU), Iceland, Norway, as well as the U.K.
contract a Hospital Acquired Infection (HAI). HAIs can significantly increase patient morbidity, death, and healthcare costs. Every year, more than 90,000 people die in the EU, Iceland, Norway, and the U.K. as a result of the six most prevalent illnesses in healthcare settings. HAIs are the single most lethal and expensive adverse event, accounting for up to 6% of public hospital expenses. Rising prevalence of HAIs is driving demand for bio decontamination services contributing to revenue growth of the market.
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The report also profiles established and emerging players of the market, covering the business overview, product portfolio, strategic alliances, and business expansion strategies.
Some major companies in the global market report include STERIS, Ecolab, TOMI Environmental Solutions, Inc., Fedegari Autoclavi S.p.A., Zhejiang TAILIN Bioengineering Co., LTD, Howorth Air Technology Limited, Solidfog Technologies, ClorDiSys Solutions Inc., Amira Srl Unipersonale, and Noxilizer, Inc.
Highlights from the Report
On 26 October 2022, Bio-One Sciences introduced a chemical-free, non-invasive UVC disinfection solution for medical device production cleanrooms. Their revolutionary service delivers a constant stream of UVC rays that quickly and effectively destroy the Deoxyribonucleic Acid (DNA) of germs and illnesses. This eco-friendly solution eliminates the guesswork and inefficiencies associated with manual washing and disinfection.
The equipment segment is expected to account for largest revenue share during the forecast period, which is attributed to increased preference for automated bio decontamination technologies over manual bio decontamination methods. In addition, faster patient flow in hospitals, less waste, ease of use, mobility, and a small footprint all contribute to revenue growth of the segment.
The chamber decontamination segment is expected to account for largest revenue share during the forecast period, which is attributed to its affordable cost and low power usage. Decontamination chambers are designed for usage in pharmaceutical, industrial, laboratory, or research environments.
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The report studies the historical data of the Bio Decontamination Market and offers valuable information about the key segments and sub-segments, revenue generation, demand and supply scenario, trends, and other vital aspects.
Emergen Research has segmented the global bio decontamination market on the basis of product & service, agent type, type, end-use, and region:
Product & Service Outlook (Revenue, USD Million; 20192030)
Equipment
Services
Consumables
Agent Type Outlook (Revenue, USD Million; 20192030)
Hydrogen Peroxide
Chlorine Dioxide
Peracetic Acid
Nitrogen Dioxide
Type Outlook (Revenue, USD Million; 20192030)
Chamber Decontamination
Room Decontamination
End-use Outlook (Revenue, USD Million; 20192030)
Pharmaceutical & Medical Device Manufacturing Companies
Life Sciences & Biotechnology Research Organizations
Hospitals & Healthcare Facilities
The complete regional analysis covers:
North America (U.S., Canada, Mexico
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Key Points of Bio Decontamination Market:
Extensive coverage of the analysis of the Bio Decontamination market
Key insights into the regional spread of the industry in key geographies
Radical insights into the vital market trends; both current and emerging trends, and factors influencing the growth of the market
Comprehensive coverage of the impact of the COVID-19 pandemic on the overall growth of the Bio Decontamination market
Complete data about the key manufacturers and vendors in the Bio Decontamination market
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