Healthcare Research Blog: Disinfectants Market to Record an Exponential CAGR by 2030

Friday, June 5, 2020

Disinfectants are chemical agents that are used for the removal of microorganisms on non-living objects and surfaces. The health issue among people is pushing the need for surface disinfectants, as the rigid surfaces will be the most harmful transporters of pathogens for a long time in healthcare facilities.

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Disinfectants vary in their antimicrobial function, hardness, corrosion methods, and compliance with fabrics and gloves. The main use of such disinfectants is in combating infectious diseases.
The increasing need for improved hygiene in specialty clinics, hospitals, and ambulatory surgical centers to avoid the spread of infections among patients and staff has driven demand for surface disinfectants. There are different types of surface disinfectants, including sprays, liquids, and wipes, which provide a wide variety of choices for consumers to select from based on their preference.

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Changing lifestyle and increasing globalization has propelled the incidence rate of various diseases such as tuberculosis and covid-19. The increase in number of patients suffering from the diseases mentioned above has boosted the uptake of medical instruments (surgical, non-surgical, and diagnosis tools), which in turn, has driven the demand for disinfectors by hospitals, diagnostic centers, medical institutes, and research laboratories.
According to the World Health Organization (WHO) estimates, on April 2, 2020, coronavirus or covid-19 accounted for around 896,475 confirmed cases and 45,525 deaths globally and the number is expected to increase at a rapid pace in the near future. This would increase the use of disinfectants among healthcare providers (life sciences industry, hospitals, pharmaceutical, etc.), commercial users (hospitality and hotel industry, public hygiene, industries, etc.), and domestic users (household, research, etc.).

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Healthcare-associated infections (also termed nosocomial infections) are defined as infections (fungal and bacterial) that patients acquire during the course of their stay in hospitals. Hospital-acquired infections (HAI) represent a significant cause of mortality worldwide.
Post-operative sepsis, catheter-associated urinary tract infections, pneumonia, acquiring covid-19 while treating the patients, and blood stream infections are the major types of HAI in adults and healthcare professionals. Increase in incidence of various HAIs is anticipated to increase the usage of disinfectants, as they are efficient in disinfecting medical instruments and preventing HAIs.
According to the Centers for Disease Control (CDC), around 274,098 surgical site infections (SSIs) are reported per year (approximately 2 per 100 surgeries). The costs for treating these infections can reach as high as US$ 60,000 per patient.

In terms of products, the global disinfectants market can be classified into quaternary ammonium compounds, chlorine compounds, alcohols, aldehydes, phenolic compounds, hydrogen peroxide, and others
Rise in utilization of hydrogen peroxide for disinfecting surgical, pharmaceutical, and life-science instruments and increase in number of hospitals across the globe are expected to boost the segment in the near future.
Based on end-user, the global disinfectants market can be divided 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.)

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In terms of region, the global disinfectants market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
North America is expected to dominate the market for disinfectants. Increasing prevalence of tuberculosis and covid-19; and rising demand for various advanced disinfectants are expected to propel the market in the region.
Europe comprises major countries such as Germany, France, the U.K., Spain, and Italy, along with other countries. The geriatric population is more prone to infectious disease due to reduced immunity and longer stay in hospitals, as wound healing is slow in elderly people. The European Commission (Eurostat) has estimated that the geriatric population in Europe would reach 525 million by 2035. The British Geriatric Society stated that apart from the geriatric population, a number of medical conditions such as diabetes mellitus and cardiovascular disease are also associated with cardiovascular disease.
This large and increasing elderly population would contribute significantly to the number of increased infectious disease due to their higher susceptibility to various chronic as well as acute disorders. Hence, increasing geriatric population boosts the demand for disinfectants in Europe.

The global disinfectants market was highly fragmented in 2019. Key players operating in the global disinfectants market are:

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