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Global Bio Decontamination Market Outlook to 2029

Healthcare | Q1 2024 | Report ID: MSR02586
Global Bio Decontamination Market Outlook to 2029

Report Description

Bio decontamination is gradually favoured over other processes because it is cost-efficient and deals with the viral decontamination of products by bacteria or fungi and the toxic by-products of these micro-organisms. According to Marketstack, the Global Bio Decontamination Market is expected to grow considerably during the forecasted period. Factors such as the rapid growth of biopharmaceutical and pharmaceutical industries due to prevent cross-contamination in manufacturing facilities are predicted to drive the Global Bio Decontamination Market in the forecasted period. Further, the rising incidence of hospital-acquired infections (HAIs) such as Methicillin-resistant Staphylococcus aureus is expected to drive the Global Bio Decontamination Market in the forecasted period. Furthermore, Technological advancements such as automated systems, hydrogen peroxide gas plasma, nitrogen dioxide gas generators, etc., enabling faster, eco-friendly, and more efficient decontamination are expected to drive the Global Bio Decontamination Market in the forecasted period. However,  limitations in reallocating resources and adjusting budgets in health care may restrain the usefulness of economic evaluation for decision-making as limited resources would hinder the adoption rate of bio-decontamination devices and services.

The increasing advancement in the biotechnology and pharmaceutical industry is the driving factor of market growth. Bio-decontamination consumables, services, equipment, and accessories are widely utilized in pharmaceutical firms, particularly in parenteral (injectable) manufacturing. Moreover, with the increasing R&D expenditure and the growing focus on developing new therapeutic & diagnostic products, the demand for state-of-the-art facilities equipped with modern appliances & tools and an adequately decontaminated environment is expected to drive the Bio Decontamination Market. Bio-decontamination agents such as hydrogen peroxide can be used in hospitals and other healthcare facilities to clean and decontaminate them from infectious micro-organisms. Hydrogen peroxide is a commonly used decontaminant in hospitals. It helps reduce the spread of hospital-acquired infections such as ventilator-associated pneumonia, hospital-acquired pneumonia, and Clostridium difficile infections. The adoption of digital progress owing to the prevalence of remote monitoring leads to the adoption of virtual & innovative medical devices, which drive market growth.

Further, the increasing focus on digital instruments due to their convenience is increasing the industry's growth. This trend was accelerated during the COVID-19 epidemic, which boosted medical device digitization due to stay-at-home orders & lockdowns. The easy accessibility & cost-effectiveness of digital medical appliances lead to their adoption by different companies, therefore supporting the industry growth. The equipment segment is expected to account for the most significant venue share during the forecast period, attributed to an increased preference for automated bis decontamination technologies over manual bio decontamination methods.

Furthermore, improved patient flow in hospitals minimized waste, ease of use, flexibility and minimum footprint, all of which contribute to the growth of the Bio Decontamination market. Water usage for automated disinfection is to none. There is also less possibility of garbage overfox, which further damages the ecosystem. Automatic devices operate for the time necessary to decontaminate the surroundings effectively. In contrast to manual cleaning, the contact time between the disinfectant and the contaminated surface is only sometimes correctly accomplished. These tators are expected to drive the growth of the segment.

North America dominated the market with revenue due to the presence of many medical kit manufacturers. The industry is overlooked in this region due to major key players, favourable reimbursement scenarios and technological advancements. North America region accounts for the biggest market share of the global Bio Decontaminations market, which can be accredited to the increased R&D activities that provide a platform for development through consistent new product approvals. The growing influx of progressive gassing systems is an opportunity for market growth. Further, healthcare organizations outsource different services like manufacturing or research to multiple vendors to provide quality healthcare facilities. Also, the rising pressure to reduce healthcare costs, rise in R&D prices, demand for niche services, and stringent rules are helping to drive market growth during the forecast period. In addition, hospitals are increasingly outsourcing internal activities to third-party service providers like IT services and medical billing.

Further, the hospitals primarily outsource IT services and medical billing to third-party service providers due to a need for more expertise & the unavailability of professional resources. This factor helps to drive market growth during the forecast period. Increasing awareness about the prevalence of healthcare-associated infections and their adverse impact on patient outcomes has increased the demand for effective bio-decontamination solutions in healthcare settings. HAIs pose significant risks to patient safety and can increase healthcare costs, driving the adoption of decontamination measures to reduce infection rates. The hospitals & healthcare facilities fragment is expected to register the highest revenues during the forecasted period owing to surged awareness of the necessity of clean facies in the healthcare and research industries, particularly in established and developing economies. As an epidemic of multi-antibiotic drug-resistant bacteria and very injurious viral pandemics such as COVID-19 have grown in recent years, it is decided that hospitals must be able to clean premises and enhance their capacity to save the spread of these illnesses. In many healthcare institutions, mobile and readily transportable machines with hydrogen peroxide (1202) vaporization or fungi instruments are remarkably increasing regulations about the sterilization and bio-decontamination of healthcare premises, which is also driving revenue growth of the segment.

The market key players are Steris PLC, Ecolab, Tomi Environmental Solutions Inc., JCE Biotechnology, and Zhejiang Tailin Bioengineering Co. Ltd.

In Aug 2022, PDI Technologies Inc. launched novel, innovative disinfectants, including Sani-24 Germicidal Disposable Wipe, Sani-HyPerCide Germicidal Disposable Wipe, and Sani-HyPerCide Germicidal Spray, to help in the fight against rising healthcare-associated infections (HAIs).

In Sept 2021, STERIS partnered with H+E Pharma to design, install, and maintain end-to-end, turnkey, clean utility water systems for life science pharmaceutical and biotechnology applications in the European market.

Global Bio Decontamination Market report provides deep insight into the Industrial market's current and future state across various regions. The study comprehensively analyses the Bio Decontamination Market by segmenting based on Product and service (Equipment, Services, and Consumables), Agent Type (Hydrogen Peroxide, Chlorine Dioxide, Peracetic Acid, and Nitrogen Dioxide), End User (Pharmaceutical and Medical Device Manufacturing Companies, Life Sciences & Biotechnology Research Organizations, and Hospitals & Healthcare Facilities), and Geography (Asia-Pacific, North America, Europe, South America, and Middle East & Africa). The report examines the market drivers and restraints and the impact of COVID-19 on market growth in detail. The study covers emerging market trends, development, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with prominent companies and profiles, including their market shares and projects.

 

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  Table of Contents

 

  This report helps to:-

  • Gain a deeper understanding of the impact of coronavirus on the Global Bio Decontamination Market
  • Equip yourself with rigorous analysis and forward-looking insight into the Bio Decontamination Market across various regions
  • Evaluate the attractiveness and state of competition in the industry to identify opportunities and develop strategy
  • Gain understanding of uncertainty and discover how the most influential growth drivers and restraints in the regions will impact market development
  • Assess market data and forecasts to understand how the demand for Bio Decontamination Market evolve over the next five years across various regions
  • Gain a comprehensive view of the emerging market trends and developments to assess market opportunities
  • Be better informed of your competition by gaining access to detailed information and analysis of key industry players
  • Keep on top of M&A developments, JVs, and other agreements to assess the evolving competitive landscape and enhance your competitive position

  Tables and charts

Global Bio Decontamination Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

North America Bio Decontamination Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

United States Bio Decontamination Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Canada Bio Decontamination Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Mexico Bio Decontamination Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Europe Bio Decontamination Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

United Kingdom Bio Decontamination Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Germany Bio Decontamination Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Other Supporting Charts

Italy Bio Decontamination Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

France Bio Decontamination Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Spain Bio Decontamination Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Rest of Europe Bio Decontamination Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

South America Bio Decontamination Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Brazil Bio Decontamination Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Argentina Bio Decontamination Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Rest of South America Bio Decontamination Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Asia-Pacific Bio Decontamination Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

China Bio Decontamination Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

India Bio Decontamination Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Japan Bio Decontamination Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

South Korea Bio Decontamination Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Rest of Asia-Pacific Bio Decontamination Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Middle East & Africa Bio Decontamination Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Saudi Arabia Bio Decontamination Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

South Africa Bio Decontamination Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Rest of Middle-East & Africa Bio Decontamination Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

  Who need this report?

  • Manufacturers & Suppliers
  • Healthcare Service Providers
  • Pharmaceutical Companies
  • Insurance Companies
  • Government Bodies and Industry Associations
  • Investor Community
  • Financing Companies
  • Other Stakeholders

  What's included

Report - Global Bio Decontamination Market Outlook to 2029.pdf
Market Data - Global Bio Decontamination Market Outlook to 2029.xls

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