Bio Decontamination Market - Industry Size, Share, Growth & Forecast 2027 | UnivDatos
The bio-decontamination market is growing on account of the rising prevalence of infectious diseases and hospital-associated infections (HAI), especially in the elderly population, and people suffering from chronic ailments. For instance, in any developed country, 7 out of every 100 hospitalized patients probably develop hospital-acquired infections, while this number is expected to rise to 10 in developing countries owing to its not so well-maintained healthcare infrastructure, as per the WHO. Furthermore, the rising awareness regarding the prevention of viruses and stringent regulations pertaining to the prevention of microbial contamination are some of the prominent factors adding pace to the market growth.
The recent COVID-19 pandemic has disrupted the healthcare industry with the emergence of SARS-COV-2 and the huge number of infected patients has significantly impacted the bio-decontamination market. this is because of the rising emphasis on laboratory biosafety and disinfection procedures among the end-user industries to prevent coronavirus infection transfer.
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According to UnivDatos Market Insights (UMI)’ research report “Global Bio Decontamination Analysis, 2020”, the bio decontamination market is projected to grow at a CAGR of around 6% during 2021-27F. Promulgating strategic alliances is one of the prominent factors leading to the growth of the bio decontamination market globally. For example, in January 2020, Bioquell partners with EMSGrantsHelp to offer free grant help for Bio-Decontamination Systems.
Based on type, the market is fragmented into chamber decontamination and room decontamination. The room decontamination segment accounted for a considerable share in 2020 and is anticipated to register a lucrative CAGR during the forecast period. The growth of this segment is attributed to the increasing influx of advanced gassing systems in the clean rooms. Also, the requirement for an optimum level of cleanliness and microbial control in these clean rooms has paved the path for bio decontamination in these rooms.
Pharmaceutical & Medical Device Manufacturing Companies Segment to Witness Robust growth
Based on end-users, the market is segmented into pharmaceutical & medical device manufacturing companies, life sciences & biotechnology research organizations and hospitals & healthcare facilities. The pharmaceutical & medical device manufacturing companies segment had the highest revenue and CAGR growth in the analyzed period owing to the escalating number of pharmaceutical & medical device companies in developing countries, mounting usage of single-use products and increasing requirement to confirm sterility.
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Asia-Pacific to Grab Lion’s Share, and witnessed Explicit Growth
Based on the region, Asia-Pacific dominated the global bio decontamination market in 2020. The region is projected to maintain its dominance during the forecasted period 2021-27 growing adoption of advanced decontamination devices in the region. Asia-Pacific is expected to skyrocket with a CAGR of X% in the forecast period owing, as stated in UnivDatos Market Insights (UMI)’ research report “Global Bio Decontamination Market Analysis, 2020”.
According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the Bio Decontamination Market include Ecolab Inc., Steris, TOMI Environmental Solutions, Inc., JCE Biotechnology, Fedegari Autoclavi SpA, Zhejiang Tailin Bioengineering Co., Ltd., Noxilizer, Inc., Wenzhou Weike Biological Laboratory Equipment Co., Ltd., ClorDiSys Solutions Inc., Amira S.r.l., among others. The players are focused on launching products for gaining customers' traction and expanding their geographical reach to get a competitive edge in the industry.
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“Global Bio Decontamination Market Analysis, 2020” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for bio decontamination providers across the Globe. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitor's capabilities on 16 parameters. This will help companies in the formulation of go to Market Strategies and identifying the blue ocean for its offerings.
Market Segmentation:
- By Product & Services (Equipment, Services, and Consumables)
- By Agent Type (Hydrogen Peroxide, Chlorine Dioxide, Peracetic Acid, and Nitrogen Dioxide)
- By Type (Chamber Decontamination and Room Decontamination)
- By End-Users (Pharmaceutical & Medical Device Manufacturing Companies, Life Sciences & Biotechnology Research Organizations, and Hospitals & Healthcare Facilities)
- By Region (North America, Europe, Asia-Pacific, Rest of the World)
- By Company (Ecolab Inc., Steris, TOMI Environmental Solutions, Inc., JCE Biotechnology, Fedegari Autoclavi SpA, Zhejiang Tailin Bioengineering Co., Ltd., Noxilizer, Inc., Wenzhou Weike Biological Laboratory Equipment Co., Ltd., ClorDiSys Solutions Inc., Amira S.r.l., )
Key questions answered in the study:
- What are the current and future trends of the bio decontamination industry?
- How the industry has been evolving in terms of product & services, agent type, type, and end-users?
- How the competition has been shaping across the countries followed by their comparative factorial indexing?
- What are the key growth drivers and challenges for the bio decontamination industry?
- What is the customer orientation, purchase behavior, and expectations from bio decontamination firms across various regions?
Table of Content –
1 MARKET INTRODUCTION
2 RESEARCH METHODOLOGY OR ASSUMPTION
3 MARKET SYNOPSIS
4 EXECUTIVE SUMMARY
5 COVID-19 IMPACT
6 GLOBAL BIO DECONTAMINATION MARKET REVENUE
7 MARKET INSIGHTS BY PRODUCT & SERVICES
8 MARKET INSIGHTS BY AGENT TYPE
9 MARKET INSIGHTS BY TYPE
10 MARKET INSIGHTS BY END-USERS
11 MARKET INSIGHTS BY REGION
12 BIO DECONTAMINATION MARKET DYNAMICS
13 BIO DECONTAMINATION MARKET OPPORTUNITIES
14 BIO DECONTAMINATION MARKET TRENDS & INSIGHTS
15 LEGAL & REGULATORY FRAMEWORK
16 DEMAND AND SUPPLY SIDE ANALYSIS
17 VALUE CHAIN ANALYSIS
18 COMPETITIVE SCENARIO
19 COMPANY PROFILED
20 DISCLAIMER
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