Global Bio Decontamination Market Overview:
An increasing number of road accidents and the rising prevalence of chronic diseases requiring surgical interventions are contributing to the increasing surgical procedures. A growing number of surgical procedures across the globe will drive the bio-decontamination market over the forecast period. Surgical instruments require decontamination to render them safe for their reuse. Contamination of these devices can lead to life-threatening conditions such as hospital-acquired infections. As a result, demand for bio-decontamination products and services is predicted to rise with increasing surgical procedures. Some of the players profiled in the study are STERIS (United States), Ecolab, Inc. (United States), TOMI Environmental Solutions, Inc. (United States), JCE Biotechnology (France), Fedegari Autoclavi SpA (Italy), Zhejiang Tailin Bioengineering Co., Ltd. (China), Noxilizer, Inc. (United States), Howorth Air Technology Limited (United Kingdom), ClorDiSys Solutions Inc. (United States) and Amira S.r.l. (Italy). According to Market Analyst at AMA, the Global Bio Decontamination market may see a growth rate of 6.93% and would reach the market size of USD186.0 Million by 2026.
On the basis of geography, the market of Bio Decontamination has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Agent Type, the sub-segment i.e. Hydrogen Peroxide will boost the Bio Decontamination market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Equipment will boost the Bio Decontamination market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Pharmaceutical & Medical Device Manufacturing Companies will boost the Bio Decontamination market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Growing Incidence of Hospital-Acquired Infections
- Increasing Number of Surgical Procedures
- Increasing Outsourcing of Biodecontamination Services
- Presence of Manual Biodecontamination Methods and Budgetary Constraints in Healthcare Facilities
- Growth in the Pharmaceutical and Biotechnology Industries across the Globe
- Stringent Regulatory Scenario for Bio Decontamination
On 16th January 2019, Ecolab Inc. has announced that it has closed on its previously announced acquisition of Bioquell PLC (LSE: BQE), a leading provider of hydrogen peroxide vapor bio-decontamination systems and services for the life sciences and healthcare industries.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Target Audience:Bio Decontamination Providers, Research Organizations and Consulting Companies, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Others
Major Objectives Focused through this Study To define, describe, and forecast the Global Bio Decontamination market on the basis of product [Chamber Decontamination and Room Decontamination] , application , key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Bio Decontamination market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Bio Decontamination industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are Wenzhou Weike Biological Laboratory Equipment Co., Ltd. (China).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Bio Decontamination market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.