Rising Incidence of Hospital-Acquired Infections is Key Opportunity in Bio Decontamination Market

 

Bio Decontamination Market

Key Factors Driving Market Growth:

The rising incidence of hospital-acquired infections (HAIs), growth in the pharmaceutical and biotechnology industries, and increasing outsourcing of bio decontamination services are factors driving the growth of the Bio Decontamination Industry.

Revenue Growth Analysis:

The Bio Decontamination Market is projected to reach USD 175 million by 2024 from USD 130 million in 2019, at a CAGR of 6.1%.

Download PDF Brochure:

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=104696777

The equipment segment commanded the largest share of the Bio Decontamination Market in 2019.

On the basis of product & service, the Bio Decontamination Equipment Industry is segmented into equipment, consumables, and services. In 2018, the equipment segment accounted for the largest market share of Decontamination Equipment Market. The launch of new and advanced instruments, portability, and the reduced need for manual intervention are key factors driving the growth of this segment.


Hydrogen Peroxide to dominate the Bio Decontamination Market in 2019.

On the basis of agent type, the Bio Decontamination Equipment Market is segmented into hydrogen peroxide, nitrogen dioxide, chlorine dioxide, and peracetic acid. In 2018, the hydrogen peroxide segment accounted for the largest share of the Bio Decontamination Industry. The advantages offered by hydrogen peroxide, such as material compatibility and safety with minimum residue, are the major factors contributing to its dominance in the Bio Decontamination Sector.

North America commanded the largest share of the Bio Decontamination Market in 2019.

On the basis of region, the Bio Decontamination Equipment Market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. In 2018, North America commanded the largest share of the Bio Decontamination Industry. The large share of this regional segment can be attributed to the growing demand for bio decontamination technologies from the healthcare industry to minimize the occurrence of hospital-acquired infections and the presence of major players in the region.

Request Sample Report:

https://www.marketsandmarkets.com/requestsampleNew.asp?id=104696777

The major players operating in this market are STERIS (US), Ecolab, Inc. (US), TOMI Environmental Solutions, Inc (US), JCE Biotechnology (France), Fedegari Autoclavi SpA (Italy), Zhejiang Tailin Bioengineering Co., Ltd. (China), Noxilizer, Inc. (US), Howorth Air Technology Limited (UK), Wenzhou Weike Biological Laboratory Equipment Co., Ltd. (China), ClorDiSys Solutions Inc. (US), and Amira S.r.l. (Italy).


Comments

Post a Comment

Popular posts from this blog

Home Healthcare Market Dynamics and Latest Developments

Image
  This report aims to provide detailed insights into the global home healthcare market . It provides valuable information on the type, procedure, application, and region in the market. Furthermore, the information for these segments, by region, is also presented in this report. Leading players in the market are profiled to study their product offerings and understand the strategies undertaken by them to be competitive in this market. Expected Revenue Growth: The Home Healthcare Market is projected to reach  USD 298.2 billion  by 2026 from  USD 198.9 billion  in 2021, at a CAGR of 8.4% during the forecast period. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=696 Key Factors Driving Market Growth: The Rapid growth in the elderly population, the rising incidence of chronic diseases, the growing need for cost-effective healthcare delivery due to the increasing healthcare costs, and technological advancements of home care devices are the major fa
Read more

NGS-Based RNA-Sequencing Market Dynamics and Latest Developments

Image
  This report aims to provide detailed insights into the NGS-based RNA-sequencing market . It provides valuable information on the type, procedure, application, and region in the market. Furthermore, the information for these segments, by region, is also presented in this report. Leading players in the market are profiled to study their product offerings and understand the strategies undertaken by them to be competitive in this market. Expected Revenue Growth: The NGS-based RNA-sequencing industry size is projected to reach  USD 4.2 billion  by 2024 from  USD 1.7 billion  in 2019, at a CAGR of 20.0% during the forecast period. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=102977816 Key Factors Driving Market Growth: Market growth is driven mainly by the advantages of RNA-seq over conventional technologies; an increasing number of RNA-seq grants; rising number of research activities involving RNA-seq; and rapid growth in precision medicine mar
Read more

Pain Management Devices Market Growth, Trends, Size, Share, Industry Demand, Global Analysis

Image
Key Factors Driving Pain Management Devices Market Growth: Pain management devices are used to manage chronic and acute pain in patients suffering from various types of disease conditions, such as cancer, neurological disorders, and musculoskeletal disorders, among others. These devices restore the ability to do everyday activities, decrease the need for oral pain medications, and improve the quality of life of patients suffering from these conditions. Revenue Growth Analysis: [249 Pages Report]  The global pain management devices market is projected to reach USD 3.3 billion by 2026 from USD 2.2 billion in 2021, at a CAGR of 8.6% The study involved four major activities in estimating the current size of the Pain Management Devices Market . Exhaustive secondary research was done to collect information on the market and its different subsegments. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Bo
Read more