The Hard Surface Disinfectants Market: Overview
The hard surface disinfectants market is expected to witness a steady growth trajectory. Improving methods of disinfection along with increasing risk and awareness, increased spending on healthcare, increased infection related incidences are driving the growth of hard surface disinfectants market.
Disinfection and a need for a sterile environment have always driven the global hard surface disinfectants market. However, recent research suggesting growth of resistant bacteria has pushed the industry towards more effective solutions and methods in recent years. The industry has changed its tradition mindset to focus more on nature of microorganism, formulation type, time applied, etc to offer a more potent and holistic solution to healthcare providers.
Transparency Market Research offers a comprehensive analysis of the global hard surface disinfectants market for the forecast period (2018-2026). The main objective of this report is to deliver insightful information and clear-cut facts pertaining to the growth trajectories of the hard surface disinfectants market. The report offers both qualitative and quantitative examination on the global market for hard surface disinfectants market.
The Hard Surface Disinfectants Market: Key Trends
Consistently growing awareness, several incidences, increasing number of surgeries, and stringent government regulations are driving the global hard surface disinfectants market. A key driver in the hard surface disinfectants market is also the increasing usage of sprays and wipes for small surfaces and workstations. Earlier, these were not widespread in developing countries. However, introduction of these is making it a lot easier to maintain and promote a sterile environment.
The growing awareness is also pushing governments across the world to put in place more registrations to maintain a sterile environment at health institutions. Similarly, training programs for hospital as well as other institutions is also contributing to the growth of the hard surface disinfectants market.
The Hard Surface Disinfectants Market: Regional Outlook
North America is expected to keep its dominant position during the forecast period. It is expected to hold the largest share of the total revenue due to growing threats of resistant bacteria. High awareness and growing government regulations in the same regard drive the regional market in a robust manner. Newly introduced government acts such as Affordable care is also driving an influx of large amount of patients in hospitals leading to market growth.
Growing healthcare expenditure and global health scares such as recent Ebola outbreak has helped expand the hard surface disinfectants market in Europe. Europe is predicted to hold the second largest share of the global hard surface disinfectants market during the forecast period. Additionally, the sensitivity of consumers in this market also leads to a more widespread use of disinfectants. Disinfectants are also used cleaning and sanitizing floors, furniture and washrooms, tiles among others.
The Asia Pacific region is expected to witness the fastest growth in the global hard surface disinfectants market. Increasing healthcare infrastructure and growing expenditure on healthcare is likely to drive the growth of the hard surface disinfectants market. The Asia Pacific market is also witnessing unique trends in the industry including medical tourism, expansion of generic drugs.
Global Hard Surface Disinfectants Market: Competitive Dynamics
The prime players operating in the global hard surface disinfectants market are Abbott Laboratories, LivaNova, Cochlear Limited PLC, MED-EL, Boston Scientific Corporation.
Market segmentation based on geography:
- North America
- Latin America
- Asia Pacific
- Middle East and Africa
This report gives access to decisive data, such as:
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for the coming years
Key highlights of this report include:
- Overview of key market forces propelling and restraining market growth
- Up-to-date analyses of market trends and technological improvements
- Pin-point analyses of market competition dynamics to offer you a competitive edge
- An analysis of strategies of major competitors
- An array of graphics and SWOT analysis of major industry segments
- Detailed analyses of industry trends
- A well-defined technological growth map with an impact-analysis
- Offers a clear understanding of the competitive landscape and key product segments
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.