Bio Decontamination Market Forecast to 2030
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.
The report studies the factors influencing the growth of the industry in the global Bio Decontamination Market and offers accurate predictions about the growth pattern. The report pays special attention to the key elements of the market, such as drivers, restraints, opportunities, threats, risks, limitations, and other aspects. The report covers a comprehensive analysis of the competitive landscape with a detailed analysis of the company profiles, product portfolio, and business expansion strategies.
Aerosol and vaporized hydrogen peroxide, transportable devices emitting continuous Ultraviolet C (UVC) light, a pulsed-xenon UV light system, and the utilization of high-intensity narrow-spectrum (405 nm) light are examples of newer no-touch (automatic) decontamination methods. These no-touch methods have been found to minimize surface bacterial contamination. Creating self-disinfecting surfaces by coating surfaces with heavy metals such as silver or copper that have innate antimicrobial characteristics or applying compounds to surfaces that sustain their antimicrobial activity for extended periods of time has received some attention as a promising strategy for decontaminating or preventing microbial activity on surfaces in hospitals.
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The global Bio Decontamination market report employs an extremely extensive and perceptive process that analyzes statistical data relating to services and products offered in the market. The research study is a pivotal document in understanding the needs and wants of the clients. The report is comprised of significant data about the leading companies and their marketing strategies. The Bio Decontamination industry is witnessing an expansion and change of dynamics owing to the entry of several new players.
The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.
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
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Market Overview:
The report bifurcates the Bio Decontamination market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
Product Service Outlook (Revenue, USD Million; 2019-2030)
- Equipment
- Services
- Consumables
Agent Type Outlook (Revenue, USD Million; 2019-2030)
- Hydrogen Peroxide
- Chlorine Dioxide
- Peracetic Acid
- Nitrogen Dioxide
Type Outlook (Revenue, USD Million; 2019-2030)
- Chamber Decontamination
- Room Decontamination
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The research report offers a comprehensive regional analysis of the market with regards to production and consumption patterns, import/export, market size and share in terms of volume and value, supply and demand dynamics, and presence of prominent players in each market.
Regional Analysis Covers:
- North America (U.S., Canada)
- 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)
Furthermore, the report provides the analytical data in an organized format segmented into charts, tables, graphs, figures, and diagrams. This enables readers to understand the market scenario in an easy and beneficial manner. Moreover, the report aims to impart a prospective outlook and draw an informative conclusion to assist the reader in making lucrative business decisions. The report, in conclusion, provides a detailed analysis of the segments expected to dominate the market, the regional bifurcation, the estimated market size and share, and comprehensive SWOT analysis and Porter’s Five Forces Analysis.
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