A recent report published by Infinium Global Research on hospital disinfectant products market provides an in-depth analysis of segments and sub-segments in the global as well as regional hospital disinfectant products market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional hospital disinfectant products market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global hospital disinfectant products market. According to the report, the global hospital disinfectant products market is projected to grow at a healthy CAGR over the forecast period of 2019-2025.
Hospitals disinfectant manufacturers are adopting strategies such as mergers, acquisitions, and new product launches to maximize their market share. Companies are focusing on research and development to enhance the quality of their products. Hospital-acquired infections include central line-associated bloodstream infections, catheter-associated urinary tract infections, surgical site infections, hospital-acquired pneumonia, ventilator-associated pneumonia, and Clostridium difficile infections. Companies are providing new products to fight against these infections.
The increasing number of cases of hospital-acquired infections drives the growth of hospital disinfectant products market. As per the Centers for Disease Control and prevention, in American hospitals, there are around 1.7 million infections and 99000 associated deaths each year. Hospital-acquired infections are nosocomial infections. Disinfectants are necessary for hospitals to prevent bacteria and other microbial infections. The increasing awareness about such infections contributes to the growth of hospital disinfectant products market. Stringent rules and regulations like Patient Protection and Affordable Care Act enforce hospitals to ensure cleanliness in their facilities. In addition, increasing healthcare expenditure stimulates the growth of hospital disinfectant products market. On the flip side, the availability of various cleaning alternatives hampers the growth of hospital disinfectant products market. Lack of information about the use of disinfectants as recommended by the manufacturer hampers the growth of hospital disinfectant products market. Modern technologies such as no-touch decontamination technology hinder the growth of hospital disinfectant products market. Moreover, research and development create numerous opportunities for the growth of the hospital disinfectant market.
North America is anticipated to have a dominant share in global hospitals disinfectant products market. The rising number of surgeries in fuel the growth of the North America hospital disinfectant product market. Asia-Pacific region is expected to grow at the fastest CAGR in the hospital disinfectant product market over the forecast period. The increasing number of hospital-acquired infections in the Asia-pacific region propel the growth of hospital disinfectant products market.
The report on global hospital disinfectant products market covers segments such as type, and application. On the basis of type, the sub-markets include skin cleanser, surface cleaners, air cleaners, water cleaners, and other types. On the basis of application, the sub-markets include hospital, medical center, clinic, and other applications.
The report provides profiles of the companies in the market such as Colgate-Palmolive, Becton, Dickinson and Company, Henry Schein, Inc., Johnson & Johnson, Kimberly-Clark, Reckitt Benckiser Group plc, The Clorox Company, The Procter & Gamble Company, Ecolab Inc., GOJO Industries, Inc., and Other companies.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of hospital disinfectant products market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.