The global Surface Disinfectant Market is forecasted to grow at a rate of 8.3% from USD 835.8 million in 2019 to USD 1.53 Billion in 2027. The market is witnessing an increase due to the rise in hospital-acquired infections (HAIs). According to the Centers for Disease Control (CDC), HAIs are expected to infect 1.7 million and cause 99,000 deaths every year.To receive a free PDF sample of this report, click on the link @ www.reportsanddata.com/sample-enquiry-form/161/
The growing prevalence of infectious diseases is one of the significant factors influencing the market growth. A minimum of 30 new diseases has appeared in the last 20 years and collectively pose a severe threat to the health of numerous individuals. There is no treatment, vaccine, or cure for a majority of these diseases. On the other hand, antibiotics and various other drugs used against various diseases are swiftly losing their efficacy, owing to building up of resistance in the pathogens. The growing burden of these diseases severely damages the socio-economic development of several countries. According to WHO, infectious diseases account for the death of more than 17 million people every year. Approximately 50,000 male and female populations die every day, owing to infectious diseases.
The world has witnessed a very rapid growth and development phase in the previously undeveloped countries. Also, something that has spread even more rapidly is the pandemic owing to the steadily growing coronavirus. The need for disinfectants also grew with the increase in the products such as floor cleaners, among others. The rise of viruses and fungus also induced the demand for the products. Therefore, the growth in the demand for this industry was inevitable. The pandemic has provided an additional boost to industry sales.
Asia Pacific region owns a dominant share in the surface disinfectant market and is expected to strengthen its hold in the forecast years due to the increasing speed of viruses and investment activities in the healthcare sector, brought about by the rapid development.
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Companies considered and profiled in this market study
Ecolab, Cantel Medical, Procter & Gamble, 3M Company, Reckitt Benckiser Group PLC, The Clorox Company, Gojo Industries, Inc., Johnson & Johnson, Steris Corporation, and Whiteley Corporation, have been profiled in the report. They are the major manufacturers of the product.
Type Outlook (Revenue, USD Billion; 2017-2027)
Wipes
Liquids
Sprays
End Users Outlook (Revenue, USD Billion; 2017-2027)
Hospital
Diagnostic Laboratories
Research Laboratories
Pharmaceutical & Biotechnology Companies
Application Outlook (Revenue, USD Billion; 2017-2027)
In-House Surfaces
Instrument Disinfection
Others
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