Antiseptic and Disinfectant Market - Snapshot
The global antiseptic and disinfectant market is expanding owing to with increasing number of infectious diseases across the globe. The global antiseptic and disinfectant market was valued at more than US$ 6.3 Bn in 2017 and is projected to surpass US$ 10.6 Bn by 2026, expanding at a compound annual growth rate (CAGR) of more than 6.0% from 2018 to 2026. The global market is witnessing expansion at a relatively higher growth rate owing to increasing expenditure on health care, high incidences of hospital acquired infectious diseases, and, rising awareness about home cleanliness and the need for disinfection. Antiseptic and disinfectant are considered as crucial components of infection control. Antiseptic and disinfectant are utilized to keep humans or non-living things germ-free. Antiseptic is a medicine used by humans and animals to protect themselves from germs, or eliminate existing microorganisms in their bodies. While, disinfectants are cleansing substances that are utilized on the non-living things such as in houses and household products.
Antiseptic and disinfectant aids patients suffering from different infections to improve overall operational efficiency as well as patient care. The high prevalence and incidence rates of hospital acquired diseases, increased focus on hygiene, and rising concerns over the spread of infectious diseases in both residential and commercial/industrial spaces/healthcare units, have led to an increase in patient flow to private clinics and hospitals. These factors, collectively, are projected to increase the demand for antiseptics and disinfectants in the near future. Furthermore, technological advancements such as increasing usage of endoscope reprocessors and surgical units with automated disinfectant sprayers are estimated to fuel the antiseptic and disinfectant market in the near future.
The global antiseptic and disinfectant market can be broadly segmented based on product, end-user, and region. In terms of product, the global market can be classified into quaternary ammonium compounds, chlorine compounds, alcohols, aldehydes, phenolic compounds, hydrogen peroxide, iodine, silver, and others. The hydrogen peroxide segment accounted for a key share (in terms of revenue) of the global market in 2017. Aldehydes and phenolic compounds segments are estimated to expand at a significant growth rate during the forecast period. These segments are estimated to gain considerable market share by the end of 2026. Phenolic compounds offer several advantages over hydrogen peroxide and hence, phenolic compounds is increasingly gaining popularity among health care providers, commercial users, and domestic users.
In terms of end-user, the global antiseptic and disinfectant market can be segregated into healthcare providers, commercial users, and domestic users. The healthcare providers segment dominates the global market and is likely to maintain its dominance, and gain market share marginally, by the end of 2026. Increasing number of surgeries is likely to boost the frequency of usage of medical instruments, increasing incidences of hospital-acquired infections, and increase in per capita income on healthcare expenditure are few value added features that are likely to drive the antiseptic and disinfectant market. Increasing number of hospitals in emerging economies has led to the prominent share of the global market held by the segment. The commercial users segment of the antiseptic and disinfectant market is likely to expand at a prominent CAGR during forecast period due to antiseptic & disinfectant efficacy against most vegetative bacteria and enveloped viruses and fungi.
In terms of geography, the global antiseptic and disinfectant market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global market; however, it is projected to lose market share by the end of 2025. The market in North America is primarily driven by the rapidly increasing geriatric population and their admission to hospitals, high adoption of surgical treatment in clinics, and the rising incidence of infectious diseases among the population in the U.S. Moreover, increasing practice of cleaning of surgical instruments using disinfectants has been witnessed in the healthcare units in the U.S., which is projected to fuel the healthcare providers segment of the market in the U.S. during the forecast period. The antiseptic and disinfectant market in Asia Pacific is projected to expand at a rapid pace during the forecast period. Japan dominated the antiseptic and disinfectant market in Asia Pacific, while the market in China is estimated to expand at a significant CAGR during the forecast period.
Companies such as 3M Company, Novartis Ag, Johnson & Johnson, STERIS plc, Getinge Group; and Cardinal Health accounted for a major share of the global antiseptic and disinfectant market in 2016. In 2009, 3M Company launched surgical hand antiseptic to add new hand hygiene formulations to reduce the risk of healthcare-associated infections. Other global players operating in the market include Becton, Dickinson And Company, Whiteley Corporation, and Kimberly-Clark, who are entering into strategic acquisition and collaborations with parallel companies in order to improve and strengthen their geographic presence in the international market.
Antiseptic and Disinfectant Market - Overview
This report on the antiseptic and disinfectant market analyzes the current and future scenario of the global market. Large number of hospital acquired infections and wound care therapy among the geriatric population after surgery is increasing the usage of antiseptic and disinfectant. Less pain and high definition in eliminating infectious organisms are major drivers of the global antiseptic and disinfectant market.
The antiseptic and disinfectant market report comprises an elaborate executive summary, which includes a market snapshot that provides information about various segments of the market. It also provides information and data analysis of the global market with respect to the segments based on product, end-user and geography. A detailed qualitative analysis of drivers and restraints of the market and opportunities has been provided in the market overview section. Additionally, the section comprises product portfolios of major players, based on constituents & application, in order to understand the competitive landscape in the market. This section of the report also provides market attractiveness analysis, by geography, and market share analysis by key players. Thus, presenting a thorough analysis of the overall competitive scenario in the global antiseptic and disinfectant market.
Based on product, the market has been segmented into quaternary ammonium compounds, chlorine compounds, alcohols, aldehydes, phenolic compounds, hydrogen peroxide, iodine, silver, and others. The product segment has been analyzed based on available approved products, cost-effectiveness, and preference for sterilization process by physicians and patients. The market size and forecast for each of these segments have been provided for the period from 2016 to 2026, along with their respective CAGRs for the period from 2018 to 2026, considering 2017 as the base year.
Based on end-user, the antiseptic and disinfectant market has been segmented into healthcare providers (life sciences industry, hospitals, pharmaceutical, etc.), commercial users (hospitality and hotel industry, public hygiene, industries, etc.), and domestic users (household, research, etc.). The market segments have been extensively analyzed based on prevalence of the diseases and usage of antiseptics & disinfectants during available treatment and geographical coverage. The market size and forecast in terms of US$ Mn for each segment have been provided for the period from 2016 to 2026. The report also provides the compound annual growth rate (CAGR %) for each market segment for the period from 2018 to 2026, considering 2017 as the base year.
In terms of geography, the global antiseptic and disinfectant market has been categorized into five major regions and the key countries in the respective region are: North America (the U.S., Canada), Europe (the U.K., Germany, Russia, France, Spain, Italy, Russia, and Rest of Europe), Asia Pacific (Japan, India, China, Australia & New Zealand and Rest of Asia Pacific), Latin America (Brazil, Mexico, and Rest of Latin America) and Middle East & Africa (South Africa, GCC countries, Israel, and Rest of Middle East & Africa). The market size and forecast for each of these regions and the mentioned countries have been provided for the period from 2016 to 2026, along with their respective CAGRs for the period from 2018 to 2026, considering 2017 as the base year. The research study also covers the competitive scenario in these regions.
The report also profiles major players in the global antiseptic and disinfectant market based on various attributes such as company overview, financial overview, product portfolio, business strategies, and recent developments. Major players profiled in this report include 3M Company, Novartis Ag, Johnson & Johnson, STERIS plc, Getinge Group, Cardinal Health, Becton, Dickinson And Company, Whiteley Corporation, and Kimberly-Clark.
Global antiseptic and disinfectant market is segmented as below:
Global Antiseptic and Disinfectant Market, by Product, 2016?2026
- Quaternary Ammonium Compounds
- Chlorine Compounds
- Phenolic Compounds
- Hydrogen Peroxide
Global Antiseptic and Disinfectant Market, by End-user, 2016?2026
- Healthcare Providers
- Commercial Users
- Domestic Users
Global Antiseptic and Disinfectant Market, by Geography, 2016?2026
- North America
- Rest of Europe
- Asia Pacific
- Australia & New Zealand
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
- GCC countries
- South Africa
- Rest of Middle East & Africa