Global Chlorhexidine Gluconate Wipes Market: Overview

Chlorhexidine is an antimicrobial agent for topical use. It is available in a variety of concentrations and formulations. Chlorhexidine gluconate (CHG) wipes are used to wash the skin during hospital stays. Surgical site infection is the third most common infection that occurs during hospital stays. CHG wipes are disposable and have a variety of applications, including urology, oral care, and hand hygiene. CHG is helpful in reducing post-operative infections and preventing wound infections by killing bacteria. CHG wipes are not recommended for patient undergoing chemotherapy.

Global Chlorhexidine Gluconate Wipes Market: Key Trends

Increase in surgical site infections and rise in the number of surgical procedures are anticipated to drive the chlorhexidine gluconate wipes market in the coming years. Additionally, an increase in hospital-acquired infections is likely to propel the global market in the coming years. According to the Agency for Healthcare Research and Quality, an estimated 10 million patients undergo surgical procedures each year. According to the National Center for Emerging and Zoonotic Infectious Diseases, the annual cost of surgical site infections in acute care hospitals was US$ 3.2 Bn. In February 2019, Medline launched ReadyPrep CHG cloths. They are used to remove infection-causing bacteria from the skin. In May 2017, GAMA Healthcare Ltd. acquired AMCLA Pty Ltd., an Clinell division of their Australian distributor. This acquisition enabled the company to enhance its service in Australia. In March 2015, 3M acquired Ivera Medical Corp to strengthen its vascular access product portfolio. These factors are likely to propel the market. However, side effects of chlorhexidine gluconate are expected to restrain the global chlorhexidine gluconate wipes market.

Global Chlorhexidine Gluconate Wipes Market: Segmentation

The global chlorhexidine gluconate wipes market can be segmented based on type, concentration, application, distribution channel, and region. In terms of type, the market can be divided into alcohol-based wipes and bath wipes. Based on concentration, the market can be classified into 0.5% and 2%. In terms of application, the market can be categorized into surgical site infections, catheter-associated urinary tract infections, central line-associated bloodstream infections, and others. Based on distribution channel, the market can be divided into hospital pharmacies and online pharmacies.

Global Chlorhexidine Gluconate Wipes Market: Regional Analysis

In terms of region, the global chlorhexidine gluconate wipes market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.  North America dominated the market due to factors such as presence of key market players and increase in the number of surgical procedures. Moreover, higher health care spending is anticipated to boost the market in the region. According to the Centers for Disease Control and Prevention, in the U.S., an estimated 14.2 million postoperative surgical procedures were performed in 2014. According to the National Center for Emerging and Zoonotic Infectious Diseases, the estimated number of surgical site infections per were was  157,500.

The market in Europe is driven by an increase in surgical site infections. According to the European Center for Disease Prevention and Control, 543149 cases of surgical site infections were recorded annually in Europe. The market in Asia Pacific is projected to expand at a rapid pace during the forecast period due to an increase in the patient population.

Global Chlorhexidine Gluconate Wipes Market: Competitive Landscape

The global chlorhexidine gluconate wipes market is highly fragmented due to the presence of a large number of players. A large number of players hold a prominent market share in respective regions. Leading players are engaged in new product development to gain market share. A key trend of mergers and acquisitions among leading players has been observed in the past few years. Key market players operating in the global chlorhexidine gluconate wipes market are Sage Products LLC, GAMA Healthcare Ltd, 3M, Carenow Medical Pvt. Ltd, PDI, Inc, Lernapharm Inc, Pal International, Cardinal Health, BD, and others.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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