Bio Decontamination Market to Witness Rapid Growth through 2025
Increasing incidences of hospital acquired infections and
outbreak of COVID-19 to drive the market for global bio decontamination
According to
TechSci Research report, “Global Bio
Decontamination Market By Product (Equipment, Services, Consumables), By Type
(Chamber Decontamination, Room Decontamination), By Agent Type (Hydrogen
Peroxide, Chlorine Dioxide, Peracetic Acid, Nitrogen Dioxide), By End User
(Hospitals, Bio-pharma Companies, Others), By Region, Forecast &
Opportunities, 2025”, the market is predicted to
grow at a significant CAGR during the forecast period. The global bio
decontamination market is primarily driven by increasing prevalence of hospital
acquired infections and thriving pharmaceutical and biotechnology industries
across the globe. Moreover, outbreak of COVID-19 and growing awareness about
virus prevention is expected to boost the market growth in coming years. Bio
decontamination products are also finding wide application in adhesives and
automotive industries. In addition to this, stringent regulations by government
bodies pertaining to prevention of viral contamination are creating high demand
for bio decontamination products and services around the globe. Availability of
sophisticated biocontamination devices having increased efficiency and requiring
minimum manual intervention is anticipated to foster the growth of global bio
decontamination market through 2025.
Furthermore, technological advancements in the
healthcare sector and launch of innovative products is supporting the growth of
global bio decontamination market. Also, the outsourcing bio decontamination
services is providing lucrative opportunities for bio decontamination companies
as it enables the company to implement efficient decontamination while focusing
on its prime goals. Additionally, rising number of surgical procedures across
the globe and increasing requirement for decontamination of surgical
instruments is also creating significant demand for bio decontamination
products and services. However, high cost of the equipment and stringent
government regulations in some economies might hamper the growth of global bio
decontamination market.
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Decontamination"
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The global bio
decontamination market is segmented based on product, type, agent type, end
user and region. Based on type, the market is segmented into chamber
decontamination and room decontamination. Among these, chamber decontamination
type is gaining high traction and expected to dominate the global market during
the forecast period. Chamber decontamination instruments are smaller in size compared
to room decontamination instruments and hence, occupy less space on the floor. Additionally,
they require less power supply and are easy to operate.
Based on
product, global bio decontamination market can be categorized into equipment,
services and consumables. Among these, equipment segment is expected to witness
high growth during the forecast period as they are highly efficient and require
minimum manual intervention. Due to this fact, bio decontamination equipment are
finding wide application in healthcare institutions and biopharma companies.
Major players operating in the global
bio decontamination market include Ecolab, Inc., ClorDiSys Solutions, Inc.,
Noxilizer, Inc., JCE Biotechnology, Wenzhou Weike Biological Laboratory
Equipment Co., Ltd., Howorth Air Technology Limited, PMT (USA) LLC, Zhejiang
Tailin Bioengineering Co., Ltd., Fedegari Autoclavi SpA, TOMI Environmental
Solutions Inc., Amira S.r.l, Noxilizer, Inc., STERIS Life Science PLC,
Bioquell, Tailin BioEngineering, Weike Biological Laboratory, Vaisala and DIOP
Gmbh. The market players are investing on new product launches to enhance their
product portfolios. They are also engaging in mergers & partnerships to
strengthen their position in global market.
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“Boost in life
sciences and biotechnology industry is making North America a lucrative market
for bio decontamination. The region is anticipated to dominate in terms of
revenue during the forecast period owing to increasing number of surgeries
being carried out in countries such as United States and Canada. Also, outsourcing
decontamination services being provided by wide range of companies are expected
to contribute to the regional growth,” said Mr. Karan Chechi, Research Director
with TechSci Research, a research based global management consulting firm.
“Global Bio Decontamination Market By Product
(Equipment, Services, Consumables), By Type (Chamber Decontamination, Room
Decontamination), By Agent Type (Hydrogen Peroxide, Chlorine Dioxide, Peracetic
Acid, Nitrogen Dioxide), By End User (Hospitals, Bio-pharma Companies, Others),
By Region, Forecast & Opportunities, 2025” has evaluated the future growth potential of global bio decontamination market
and provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges and opportunities in global bio decontamination market.
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