Surface Disinfectant Market Size, Dynamics, Growth Rate and Forecast

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The surface disinfectant market is expected to reach USD 789.1 Million, at a CAGR of 8.3%

(EMAILWIRE.COM, March 30, 2019 ) Surface disinfectant Products are used to prevent microbial cross-contamination and transmission of microbial infections through surfaces in hospitals, pathology labs, and other patient-related areas. The in-house application segment accounted for the largest share of the market.

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Growth in the number of surgical procedures drives the global surface disinfectant market

Globally, the number of surgeries has increased over the last decade majorly due to the increasing prevalence of chronic diseases and growth in the geriatric population. According to the Healthcare Cost and Utilization Project (HCUP), in 2012, a total of 9.7 million procedures were performed in inpatient hospital settings and 9.3 million in outpatient hospital settings in the U.S.

The volume of endoscopic minimally invasive surgeries has witnessed a steady growth over the last decade. According to the CDC, in 2013, a total of 1.1 million small intestine endoscopic surgeries (with or without biopsy) and 499,000 large intestine endoscopic surgeries (with or without biopsy) were performed in the U.S.

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By application, the in-house application segment is expected to dominate the market in 2017

On the basis of applications, the surface disinfectant market is segmented into in-house, instrument disinfection, and other applications. The in-house application segment accounted for the largest share of the market. The growth of this market segment is mainly driven by the need to reduce the rising incidence of HAIs.

By end user, the hospital's segment is expected to hold the largest share of the market in 2017

In the end user, the surface disinfectant market is segmented into hospitals, clinical laboratories, pharmaceutical companies, and other end users. The hospitals segment holds the largest share in the market. The growth is primarily attributed to the rising incidence of HAIs and growth in the number of hospitals in emerging countries.

The following are the major objectives of the study.

- To define, describe, and forecast the surface disinfectants market on the basis of type, formulation, application, end user, and region

- To provide detailed information regarding the major factors influencing the growth of the market (drivers, opportunities, and challenges)

- To analyze micro-markets with respect to individual growth trends, prospects, and contributions to the overall market

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Some of the major players operating in the surface disinfectant market are 3M Company (U.S.), Cantel Medical Corporation (U.S.), Johnson & Johnson (U.S.), Procter & Gamble (U.S.), Reckitt Benckiser Group plc. (U.K.), The Clorox Company (U.S.), Sealed Air Corporation (U.S.). Steris Corporation (U.S.), and Ecolab (U.S.).

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