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2019 Surface Disinfectants Market: Technological Innovation, Opportunities, Regions, key players And Forecast

The surface disinfectants market is expected to reach USD 789.1 Million, at a CAGR of 8.3%

· Pharmaceuticals

The report “Surface Disinfectant Market by Type (Quaternary Ammonium Compounds, Chlorhexidine Gluconate, Phenol, Alcohol, Aldehyde), Formulation (Liquid, Spray, Wipe), Application (In-house, Instrument), End User (Hospitals, Laboratories) — Global Forecast to 2022”.

Surface disinfectants Products are used to prevent microbial cross-contamination and transmission of microbial infections through surfaces in hospitals, pathology labs, and other patient-related areas. The in-house application segment accounted for the largest share of the market.

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Growth in the number of surgical procedures drives the global surface disinfectants market

Globally, the number of surgeries has increased over the last decade majorly due to the increasing prevalence of chronic diseases and growth in the geriatric population. According to the Healthcare Cost and Utilization Project (HCUP), in 2012, a total of 9.7 million procedures were performed in inpatient hospital settings and 9.3 million in outpatient hospital settings in the U.S.

surface disinfectants market

By application, the in-house application segment is expected to dominate the market in 2017

On the basis of applications, the surface disinfectants market is segmented into in-house, instrument disinfection, and other applications. The in-house application segment accounted for the largest share of the market. The growth of this market segment is mainly driven by the need to reduce the rising incidence of HAIs.

By end user, the hospital's segment is expected to hold the largest share of the market in 2017

In the end user, the surface disinfectants market is segmented into hospitals, clinical laboratories, pharmaceutical companies, and other end users. The hospitals segment holds the largest share in the market. The growth is primarily attributed to the rising incidence of HAIs and growth in the number of hospitals in emerging countries.

The following are the major objectives of the study.

  • To define, describe, and forecast the surface disinfectants market on the basis of type, formulation, application, end user, and region
  • To provide detailed information regarding the major factors influencing the growth of the market (drivers, opportunities, and challenges)
  • To analyze micro-markets with respect to individual growth trends, prospects, and contributions to the overall market
  • To analyze the opportunities in the market for stakeholders and provide details of a competitive landscape for market leaders
  • To forecast revenue of the market segments with respect to four main regional segments, namely, North America, Europe, Asia, and the Rest of the World (RoW)

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Asia to offer lucrative growth opportunities

By region, the global surface disinfectants market is segmented into North America, Europe, Asia, and the Rest of the World (RoW). While North America holds the largest share of the market in 2017, Asia is expected to grow at the highest CAGR during the forecast period. The presence of emerging economies like China and India; the large population; growth in the number of hospitals and increasing awareness about infection control in the region are some major factors driving the high growth of this regional segment.

Some of the major players operating in the surface disinfectants market are 3M Company (U.S.), Cantel Medical Corporation (U.S.), Johnson & Johnson (U.S.), Procter & Gamble (U.S.), Reckitt Benckiser Group plc. (U.K.), The Clorox Company (U.S.), Sealed Air Corporation (U.S.). Steris Corporation (U.S.), and Ecolab (U.S.).

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