Antiseptics And Disinfectants Market Size Worth $105.4 Billion By 2028: Grand View Research, Inc.

SAN FRANCISCO, Feb. 9, 2021 /PRNewswire/ -- The global antiseptics and disinfectants market size is expected to reach USD 105.4 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 20.8% from 2021 to 2028. Increasing use of endoscope reprocessors and surgical units, and rising prevalence of hospital-acquired infections are the key driving factors for the market.

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Key suggestions from the report:

    --  In terms of revenue, the quaternary ammonium compounds segment held the
        largest revenue share in 2020 owing to rising incidence of
        healthcare-associated infections and increasing number of hospitals
        across the globe
    --  The enzymatic cleaners segment is expected to witness the fastest growth
        over the forecast period. The growth of this segment can be attributed
        to the increasing number of hospitals in developing countries
    --  The hospital segment is expected to witness the fastest growth rate over
        the forecast period. Increasing number of hospitals in developing
        countries is expected to propel segment growth
    --  The B2B held the largest revenue share in 2020 owing to the rising end
        users opting for this sales channel across the globe
    --  In Asia Pacific, the market is expected to witness the fastest growth
        over the forecast period owing to the rising prevalence of
        cardiovascular, neurology, and urology disorders

Read 90 page research report with ToC on "Antiseptics And Disinfectants Market Size, Share & Trends Analysis Report By Type, By Product, By End Use (Hospitals, Clinics), By Sales Channel (FMCG, B2B), By Region, And Segment Forecasts, 2021 - 2028" at: https://www.grandviewresearch.com/industry-analysis/antiseptics-and-disinfectants-market

Increasing cases of HAIs due to lack of sanitation and precaution is a key factor anticipated to propel the market growth over the forecast period. According to the CDC report in 2018, around 1.7 million cases of HAIs and around 99,000 associated deaths are reported each year in American hospitals. As per the report published by European Centre for Disease Prevention and Control (ECDC) in 2018, prevalence of HAIs in European countries was around 7.1%. It also reported that around 4,131,000 patients suffer from HAIs in Europe each year.

Such cases are expected to increase the demand for antiseptics and disinfectants. Application of disinfectant solutions in hospitals and clinics generally protects against contamination and lowers risk of acquiring HAIs. They can also be used to eliminate bacteria and microbes before they can enter a patient's body. Such solutions are required in hospitals to maintain proper hygiene and sanitation, thereby lowering the risk of HAIs, which is anticipated to propel market growth over the forecast period.

Grand View Research has segmented the global antiseptics and disinfectants market on the basis of type, product, end use, sales channel, and region:

    --  Antiseptics & Disinfectants Type Outlook (Revenue, USD Million, 2016 -
        2028)
        --  Quaternary Ammonium Compounds
        --  Chlorine Compounds
        --  Alcohols & Aldehyde Products
        --  Enzyme
        --  Others
    --  Antiseptics & Disinfectants Product Outlook (Revenue, USD Million, 2016
        - 2028)
        --  Enzymatic Cleaners
        --  Medical Device Disinfectants
        --  Surface Disinfectants
    --  Antiseptics & Disinfectants End-use Outlook (Revenue, USD Million, 2016
        - 2028)
        --  Hospitals
        --  Clinics
        --  Others
    --  Antiseptics & Disinfectants Sales Channel Outlook (Revenue, USD Million,
        2016 - 2028)
        --  B2B
        --  FMCG
    --  Antiseptics & Disinfectants Regional Outlook (Revenue, USD Million, 2016
        - 2028)
        --  North America
            --  U.S.
            --  Canada
        --  Europe
            --  U.K.
            --  Germany
        --  Asia Pacific
            --  Japan
            --  China
        --  Latin America
            --  Brazil
            --  Mexico
        --  MEA
            --  South Africa
            --  Saudi Arabia
    --  List of Key Players of Antiseptics And Disinfectants Market
        --  3M
        --  Reckitt Benckiser
        --  STERIS plc
        --  Kimberly-Clark Corporation
        --  Bio-Cide International
        --  Cardinal Health
        --  BD
        --  Johnson & Johnson

Find more research reports on Medical Devices Industry, by Grand View Research:

    --  U.S. Surface Disinfectant Market - The U.S. surface disinfectant market
        size is anticipated to reach USD 1.9 billion by 2027 registering a CAGR
        of 9.2% from 2020 to 2027. The high prevalence of healthcare-associated
        infections in the country is estimated to drive market growth..
    --  Chlorine Market - Chlorine serves as an important raw material in
        various chemical industries. It is also an essential ingredient for PVC
        production, which has observed increasing demand in the construction,
        automotive, and packaging industries. These factors are anticipated to
        drive the global market.
    --  Skin Antiseptic Product Market - Rising incidences of Hospital-Acquired
        Infections (HAIs) and increasing usage of surgical units and endoscope
        reprocesses are the key driving factors for the market. Rising number of
        surgeries being performed is also expected to drive the market over the
        forecast period.

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About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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SOURCE Grand View Research, Inc.