Global Antiseptics and Disinfectants Market

Antiseptic is a type of chemical substance that is used to eradicate pathogens and harmful microorganisms in or on the surface tissue of the human body. They generally act by dissipating cell membranes, protein denaturation and affect dehydration of the cells to evaporation. Whereas, disinfectants are chemical which is used to kill the pathogenic microorganisms in or on the surface of the substances. The disinfectant’s main course of action consists of disruption of cell membranes and the denaturation of enzymes and protein of the cell. These chemical agents are remarkably effective and beneficial against vegetative gram-positive and gram-negative mycobacteria, bacteria and viruses. Presently, the entire world is facing the condition of the COVID-19 pandemic thus, the demand for sanitizers and disinfectants is increasing as well. For this reason, several healthcare organizations and individuals are utilizing antiseptic and disinfectant products as a preventive measure for Covid-19, which has resulted in the changing dynamics of these market spaces. Increasing cases of hospital-acquired infections (HAIs), rising surgical procedures around the world and the surging trend of the health club and fitness center are the few factors responsible for the high CAGR of the market over the forecast period. For instance, according to the Centers for Disease Control and Prevention (CDC), there were about one in every 25 hospital patients suffer from at least one healthcare-associated infection each year. Similarly, according to the Plastic Surgery Statistics Report, in 2017, there were about 17.5 million cosmetic surgical procedures performed in the United States, which is around 2% increase from 2016. This, in turn, is expected to accelerate the demand for Antiseptics and Disinfectants, thus contributing to the growth of the global market. However, strict regulation and saturated markets of developed economies are the few factors expected to hamper the growth of the market over the forecast period of 2020-2026.

Global Antiseptics and Disinfectants Market is valued approximately at USD 17.9 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 6.8% over the forecast period 2020-2026.  The regional analysis of the global Antiseptics and Disinfectants market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and the Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the increasing cases of hospital-acquired infections and the rise in the number of surgeries in the region. Whereas, Asia-Pacific is anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2026, due to the o rising cases of hospital-acquired infections and cases of diseases, such as food poisoning, cholera, and typhoid fever in the countries such as China and India.

Major market player included in this report are:
3M, Reckitt Benckiser Group PLC, STERIS PLC, Kimberly-ClarK Corporation, Bio-Cide International, Inc., Cardinal Health, Novartis AG, Becton, Dickinson and Company, Johnson & Johnson.

The detailed segments and sub-segment of the market are explained below:

By Type: Quaternary Ammonium Compounds, Chlorine Compounds, Alcohols & Aldehyde Products, Enzymes, Others

By Product Type: Enzymatic Cleaners, Medical Device Disinfectants, Surface Disinfectants

By End-User: Hospitals, Clinics, Others

By Region: North America, Europe, Asia Pacific, Latin America, Rest of the World

Furthermore, the years considered for the study are as follows:

Historical year – 2016, 2017, 2018
Base year – 2019
Forecast period – 2020 to 2026

Target Audience of the Global Antiseptics and Disinfectants Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

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