The ‘Global Bio Decontamination Market Share Analysis, Size, Trends, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global bio decontamination market, assessing the market on the basis of its segments like products and services, type, agent type, end use, and major regions.
The report studies the latest updates in the market, along with their impact across the market. It also analyses the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.
The key highlights of the report include:
Market Overview (2018-2028)
- Historical Market Size (2022): USD 162 million
- Forecast CAGR (2023-2028): 6.3%
- Forecast Market Size (2028): USD 230 million
The rapid developments in the pharmaceutical and biotechnology industries are accelerating the global bio decontamination market. The major factors that are driving the growth of this market include the rising incidences of hospital-acquired infections (HAIs) and the increasing outsourcing of bio decontamination. Among bio decontamination products and services, equipment is likely to register a notable growth in the forecast timeline owing to the growing preference for automated bio decontamination devices which offer portability and can function without manual intervention. Furthermore, chamber decontamination is forecasted to witness a spike due to the growing preference of this type of bio decontamination as it requires less energy.
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Hydrogen peroxide agents of bio decontamination are likely to increase in demand due to their ability to efficiently eliminate bacteria. Stringent good manufacturing practice (GMP) regulations have triggered the demand for bio decontamination services and products, increasing their usage by pharmaceutical and medical device manufacturing companies. The increasing number of surgical procedures is also aiding the growth of the bio decontamination market, by generating demand for bio decontamination services and equipment to reduce the risk of post-operative infections. The increasing geriatric population and the rising investments towards hygiene in healthcare facilities is further expanding the market.
Bio Decontamination Industry Definition and Major Segments
Bio decontamination refers to the process of eliminating populations of microorganisms and combatting contamination incidents. These processes are typically used where high levels of cleanliness and sanitation is required for preventing pathogen outbreaks. Bio contaminants like viruses and spores are reduced through bio decontamination, thus creating a sterile environment.
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On the basis of products and services, the market is segmented into:
- Equipment
- Consumables
- Services
Based on type, the market is bifurcated into:
- Chamber Decontamination
- Room Decontamination
On the basis of agent type, the market is classified into:
- Hydrogen Peroxide
- Chlorine Dioxide
- Peracetic Acid
- Nitrogen Dioxide
Based on end use, the market is divided into:
- Pharmaceutical and Medical Device Manufacturing Companies
- Life Sciences and Biotechnology Research Organisations
- Hospitals and Healthcare Facilities
- Others
On the basis of region, the market is categorised into:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Bio Decontamination Market Trends
The rising concerns regarding potential cross-contamination are bolstering the growth of the bio decontamination market. The key trends propelling the growth of this market include the development of sophisticated bio decontamination devices and the growing healthcare sector. Extensive technological advancements and the increasing research and development activities towards improved bio decontamination processes and tools are further fostering the growth of the market. The promotion of reusable medical devices due to their additional cost saving and increased safety benefits is accelerating the growth of this market. Stringent regulations of various governments for decontamination of these devices increasing the demand and usage of bio decontamination worldwide.
The rapid digitisation of medical devices and their easy accessibility is supporting the growth of the bio decontamination market. The introduction of hydrogen peroxide vapor (HPV) systems has revolutionised this market by decontaminating enclosed spaces like isolation rooms and workstations using low-temperature antimicrobial vapor. Ultraviolet germicidal irradiation systems (UVGI) are increasingly being used indoors in order to kill bacterial, viral or fungal organisms and stop the spread of diseases. Emerging applications of bio decontamination include IVF, bio security and life sciences. Advanced gassing systems and the surging demand for bio decontamination services in the parenteral manufacturing industry is likely to expand the bio decontamination market in the coming years.
Key Market Players
The major players in the global bio decontamination market report are:
- Steris Plc
- TOMI Environmental Solutions Inc.
- Ecolab Inc.
- Zhejiang Tailin Bioengineering Co., Ltd.
- Fedegari Autoclavi SpA
- JCE Biotechnology SAS
- Howorth Air Technology Limited
- Others.
The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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