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Bio Decontamination Market | The Known and Unknown Adjacencies Impacting the Market

Bio decontamination is largely defined as the process of neutralization as well as the removal of infectious microorganisms, chemical agents and radioactive materials. This can be attained by biology or chemicals based methods as well as by physical means.

What the Biological Decontamination Market Looks Like>
The bio decontamination market is projected to reach USD 175 million by 2024 from USD 130 million in 2019, at a CAGR of 6.1%
Pharmaceuticals and Medical Devices Companies:
On the basis of end user, the biodecontamination market is segmented into pharmaceutical & medical device manufacturing companies, hospitals & healthcare facilities, and life sciences & biotechnology research organizations. In 2018, the pharmaceutical & medical device manufacturing companies segment accounted for the largest market share and highest growth rate, owing to the growing adoption of biodecontamination products & services by pharmaceutical and medical device manufacturing industries to adhere to stringent regulations.
Key Factors Driving Growth in Bio Decontamination Industry:
1. Rising Incidence of Hospital-Acquired Infections
2. Increasing Number of Surgical Procedures
3. Increasing Outsourcing of Bio decontamination Services
4. Growth in the Pharmaceutical and Biotechnology Industries
5. Presence of Stringent Regulations
Emerging economies are expected to provide a wide range of growth opportunities for players in the market.
The study objectives are to present Bio Decontamination Market development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
Key Players in Bio Decontamination Market:
The major players operating in this market are STERIS (US), Ecolab, Inc. (US), TOMI Environmental Solutions, Inc. (US), JCE Biotechnology (France), Fedegari Autoclavi SpA (Italy), Zhejiang Tailin Bioengineering Co., Ltd. (China), Noxilizer, Inc. (US), Howorth Air Technology Limited (UK), Wenzhou Weike Biological Laboratory Equipment Co., Ltd. (China), ClorDiSys Solutions Inc. (US), and Amira S.r.l. (Italy).

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