Newly-released Hospital Surgical Disinfectant market analysis report by Future Market Insights shows that global sales of the Hospital Surgical Disinfectant market in 2021 were held at USD 370.3 million. With 7.3%, the projected market growth from 2022 to 2032 is expected to be significantly higher than the historical growth. The absolute dollar opportunity for the Hospital Surgical Disinfectant market is projected at USD 401.5 million.
| Attribute | Details |
|---|---|
| Global Hospital Surgical Disinfectant Market (2022) | USD 395.1 million |
| Global Hospital Surgical Disinfectant Market (2032) | USD 796.6 million |
| Global Hospital Surgical Disinfectant Market CAGR (2022 to 2032) | 7.3% |
| The USA Hospital Surgical Disinfectant Market (2022) | USD 117.3 million |
| Key Companies Profiled |
3M; Ecolab; Becton, Dickinson and Company (BD); Sage Products LLC; B. Braun Melsungen AG; Johnson & Johnson; Kimberly-Clark Corporation; Cardinal Health; The Clorox Company; Schulke & Mayr GmbH |
As per the Hospital Surgical Disinfectant market research by Future Market Insights - a market research and competitive intelligence provider, historically, from 2017 to 2021, the market value of the Hospital Surgical Disinfectant market increased at around 6.3% CAGR, wherein, North America held a significant share in the global market.
Healthcare-associated infections (HAI) are a serious issue for both patients and healthcare staff worldwide. With an increase in the number of hospitalizations and HAIs globally, the demand for surgical tool disinfection is increasing to reduce the risk of microbial contamination.
According to WHO, hundreds of millions of patients worldwide get HCAIs each year. In rich nations, 7 out of every 100 hospitalized patients have at least one HAI, whereas 10 in underdeveloped countries have at least one HAI. Owing to this, the Hospital Surgical Disinfectant market is projected to grow at a CAGR of 7.3% over the coming 10 years.
According to the Healthcare Cost and Utilization Project (HCUP), approximately 9 million operations were done in ambulatory care settings in the United States in 2020. In the event of operations, one of the most important needs in healthcare facilities is the use of surgical disinfection solutions.
These products are more typically used in hospitals and other medical settings to lower the risk of infection during surgery and other operations because they prevent or limit the development of germs on the skin. As a result, such occurrences are projected to boost the market throughout the forecast period.
Surgical and diagnostic procedures may be required, which may require medical consumables Surgical Disinfectant. Hospitalization rates are predicted to rise as the frequency of chronic illnesses such as cardiovascular disease, cancer, diabetes, and other autoimmune disorders rises.
The adoption of unhealthy and sedentary lifestyles, as well as antibiotic resistance, are the key factors to the increased prevalence of chronic diseases. According to the National Center for Health Statistics, an estimated 157 million Americans suffer from chronic sickness, with 81 million suffering from several conditions, as of 2018.
Because of the rising frequency of chronic diseases, hospital admissions have skyrocketed. Surgical disinfectants are needed in hospitals to keep humans and non-living materials germ-free. Such factors are predicted to drive demand for hospital surgical disinfectants throughout the forecast period.
Hospital Surgical Disinfectant market revenue is estimated to expand at the fastest rate in APAC from 2022 to 2032, with around 8.9% and 9.9% projected growth rates in China and Japan, respectively. Some of the significant corporations, that have manufacturing units in all major APAC locations, have begun to extend their production units to other APAC sites in order to boost the speed of distribution.
While this suggests a shift in global geographical diversification, it represents a substantial potential for the market.
Hospital-acquired illnesses and advancements in healthcare infrastructure contribute to the increased use of hospital surgical disinfectants. Furthermore, regulatory regulations aimed at providing safe and high-quality healthcare services are expected to drive market expansion throughout the projection period.
For example, the Chinese regulatory authority, the National Medical Products Administration, declared that it will expedite the registration of medical disinfectants that fulfill applicable requirements in the United States, Japan, and the European Union.
As a result, these factors are projected to drive market expansion throughout the forecast period. Furthermore, rising illnesses and surgeries in the region are likely to drive market expansion even further. The area's highest number of procedures and surgeries is also propelling the industry in this region. Medical tourism is popular in Asian nations such as China, India, and Thailand.
The USA dominated the North America Hospital Surgical Disinfectant market and is poised to reach USD 220.3 million by 2032. The favorable factors in USA market growth are reimbursement and technological advancement facilities in the country. The growing number of hospital admission and the ease of medicare reimbursement policy favors the market growth.
In the United States, according to the American Hospital Association, there were 6,090 community hospitals, 208 Federal Government hospitals, and 625 nonfederal psychiatric hospitals. The number of admissions for chronic diseases has significantly increased, raising product demand and accelerating market expansion. The availability of strong transportation and easy access to healthcare facilities are two fundamental contributors to the market expansion.
According to the United States Department of Health and Human Services, 0.4% of the roughly 150 million Americans who get admitted to a hospital on any given day are contaminated by an HAI. The loss of health insurance is likely to cause more people to seek medical care, along with the number of snakebites, dengue fever, tuberculosis, malaria, and typhoid, as well as the anticipated increase in cases of COVID-19 in the USA, which are predicted to expand the market.
The market in the United Kingdom is projected to grow from USD 17.7 million in 2022 to reach a valuation of USD 41.1 million by 2032. From 2022 to 2032, the market is projected to garner an absolute dollar opportunity of USD 23.4 million, growing at a CAGR of 8.9%.
The market in Japan is projected to reach a valuation of USD 32.6 million by 2032, growing at a CAGR of 9.9% from 2022 to 2032. The market in Japan is likely to garner an absolute dollar opportunity of USD 19.7 million from 2022 to 2032.
The market in South Korea is projected to reach a valuation of USD 13.3 million by 2032, growing at a CAGR of 5.8%. The market in the country will witness an absolute dollar opportunity of USD 5.8 million from 2022 to 2032.
The market for hydrogen peroxide solutions is expected to grow at 5.8% CAGR during the forecast period. The rising demand for hydrogen peroxide-based solutions to be merged with other additives, such as iodine and alcohol, is stimulating market development. In addition, the demand for hydrogen peroxide has grown as a result of a rise in the demand for hand wash products, such as sanitizers, which are efficient against many germs.
To increase knowledge and use among patients of surgical disinfectants prior to and during surgical procedures, the CDC recommends that patients shower with a detergent containing hydrogen peroxide prior to undergoing treatment.
Table 1: Global Market Value (US$ million), By Product Type, 2017 to 2021
Table 2: Global Market Value (US$ million), By Product Type, 2022 to 2032
Table 3: Global Market, By Region, 2017 to 2021
Table 4: Global Market, By Region, 2022 to 2032
Table 5: North America Market Value (US$ million), By Product Type, 2017 to 2021
Table 6: North America Market Value (US$ million), By Product Type, 2022 to 2032
Table 7: North America Market, By Country, 2017 to 2021
Table 8: North America Market, By Country, 2022 to 2032
Table 9: Latin America Market Value (US$ million), By Product Type, 2017 to 2021
Table 10: Latin America Market Value (US$ million), By Product Type, 2022 to 2032
Table 11: Latin America Market, By Country, 2017 to 2021
Table 12: Latin America Market, By Country, 2022 to 2032
Table 13: Europe Market Value (US$ million), By Product Type, 2017 to 2021
Table 14: Europe Market Value (US$ million), By Product Type, 2022 to 2032
Table 15: Europe Market, By Country, 2017 to 2021
Table 16: Europe Market, By Country, 2022 to 2032
Table 17: Asia Pacific Market Value (US$ million), By Product Type, 2017 to 2021
Table 18: Asia Pacific Market Value (US$ million), By Product Type, 2022 to 2032
Table 19: Asia Pacific Market, By Country, 2017 to 2021
Table 20: Asia Pacific Market, By Country, 2022 to 2032
Table 21: MEA Market Value (US$ million), By Product Type, 2017 to 2021
Table 22: MEA Market Value (US$ million), By Product Type, 2022 to 2032
Table 23: MEA Market, By Country, 2017 to 2021
Table 24: MEA Market, By Country, 2022 to 2032
Table 25: Global Market Incremental $ Opportunity, By Product Type, 2017 to 2021
Table 26: Global Market Incremental $ Opportunity, By Region, 2022 to 2032
Table 27: North America Market Incremental $ Opportunity, By Product Type, 2017 to 2021
Table 28: North America Market Incremental $ Opportunity, By Country, 2022 to 2032
Table 29: Latin America Market Incremental $ Opportunity, By Product Type, 2017 to 2021
Table 30: Latin America Market Incremental $ Opportunity, By Country, 2022 to 2032
Table 31: Europe Market Incremental $ Opportunity, By Product Type, 2017 to 2021
Table 32: Europe Market Incremental $ Opportunity, By Country, 2022 to 2032
Table 33: Asia Pacific Market Incremental $ Opportunity, By Product Type, 2017 to 2021
Table 34: Asia Pacific Market Incremental $ Opportunity, By Country, 2022 to 2032
Table 35: MEA Market Incremental $ Opportunity, By Product Type, 2017 to 2021
Table 36: MEA Market Incremental $ Opportunity, By Country, 2022 to 2032
Figure 1: Global Market Value (US$ million) and Year-on-Year Growth, 2017 to 2032
Figure 2: Global Market Absolute $ Historical Gain (2017 to 2021) and Opportunity (2022 to 2032), US$ million
Figure 3: Global Market Share, By Product Type, 2022 to 2032
Figure 4: Global Market Y-o-Y Growth Projections, By Product Type - 2022 to 2032
Figure 5: Global Market Attractiveness Index, By Product Type - 2022 to 2032
Figure 6: Global Market Share, By Region, 2022 to 2032
Figure 7: Global Market Y-o-Y Growth Projections, By Region - 2022 to 2032
Figure 8: Global Market Attractiveness Index, By Region - 2022 to 2032
Figure 9: North America Market Value (US$ million) and Year-on-Year Growth, 2017 to 2032
Figure 10: North America Market Absolute $ Opportunity Historical (2017 to 2021) and Forecast Period (2022 to 2032), US$ million
Figure 11: North America Market Share, By Product Type, 2022 to 2032
Figure 12: North America Market Y-o-Y Growth Projections, By Product Type - 2022 to 2032
Figure 13: North America Market Attractiveness Index, By Product Type - 2022 to 2032
Figure 14: North America Market Share, By Country, 2022 to 2032
Figure 15: North America Market Y-o-Y Growth Projections, By Country - 2022 to 2032
Figure 16: North America Market Attractiveness Index, By Country - 2022 to 2032
Figure 17: Latin America Market Value (US$ million) and Year-on-Year Growth, 2017 to 2032
Figure 18: Latin America Market Absolute $ Opportunity Historical (2017 to 2021) and Forecast Period (2022 to 2032), US$ million
Figure 19: Latin America Market Share, By Product Type, 2022 to 2032
Figure 20: Latin America Market Y-o-Y Growth Projections, By Product Type - 2022 to 2032
Figure 21: Latin America Market Attractiveness Index, By Product Type - 2022 to 2032
Figure 22: Latin America Market Share, By Country, 2022 to 2032
Figure 23: Latin America Market Y-o-Y Growth Projections, By Country - 2022 to 2032
Figure 24: Latin America Market Attractiveness Index, By Country - 2022 to 2032
Figure 25: Europe Market Value (US$ million) and Year-on-Year Growth, 2017 to 2032
Figure 26: Europe Market Absolute $ Opportunity Historical (2017 to 2021) and Forecast Period (2022 to 2032), US$ million
Figure 27: Europe Market Share, By Product Type, 2022 to 2032
Figure 28: Europe Market Y-o-Y Growth Projections, By Product Type - 2022 to 2032
Figure 29: Europe Market Attractiveness Index, By Product Type - 2022 to 2032
Figure 30: Europe Market Share, By Country, 2022 to 2032
Figure 31: Europe Market Y-o-Y Growth Projections, By Country - 2022 to 2032
Figure 32: Europe Market Attractiveness Index, By Country - 2022 to 2032
Figure 33: MEA Market Value (US$ million) and Year-on-Year Growth, 2017 to 2032
Figure 34: MEA Market Absolute $ Opportunity Historical (2017 to 2021) and Forecast Period (2022 to 2032), US$ million
Figure 35: MEA Market Share, By Product Type, 2022 to 2032
Figure 36: MEA Market Y-o-Y Growth Projections, By Product Type - 2022 to 2032
Figure 37: MEA Market Attractiveness Index, By Product Type - 2022 to 2032
Figure 38: MEA Market Share, By Country, 2022 to 2032
Figure 39: MEA Market Y-o-Y Growth Projections, By Country - 2022 to 2032
Figure 40: MEA Market Attractiveness Index, By Country - 2022 to 2032
Figure 41: Asia Pacific Market Value (US$ million) and Year-on-Year Growth, 2017 to 2032
Figure 42: Asia Pacific Market Absolute $ Opportunity Historical (2017 to 2021) and Forecast Period (2022 to 2032), US$ million
Figure 43: Asia Pacific Market Share, By Product Type, 2022 to 2032
Figure 44: Asia Pacific Market Y-o-Y Growth Projections, By Product Type - 2022 to 2032
Figure 45: Asia Pacific Market Attractiveness Index, By Product Type - 2022 to 2032
Figure 46: Asia Pacific Market Share, By Country, 2022 to 2032
Figure 47: Asia Pacific Market Y-o-Y Growth Projections, By Country - 2022 to 2032
Figure 48: Asia Pacific Market Attractiveness Index, By Country - 2022 to 2032
Figure 49: USA Market Value (US$ million) and Forecast, 2022 to 2032
Figure 50: USA Market Share, By Product Type, 2021
Figure 51: Canada Market Value (US$ million) and Forecast, 2022 to 2032
Figure 52: Canada Market Share, By Product Type, 2021
Figure 53: Brazil Market Value (US$ million) and Forecast, 2022 to 2032
Figure 54: Brazil Market Share, By Product Type, 2021
Figure 55: Mexico Market Value (US$ million) and Forecast, 2022 to 2032
Figure 56: Mexico Market Share, By Product Type, 2021
Figure 57: Germany Market Value (US$ million) and Forecast, 2022 to 2032
Figure 58: Germany Market Share, By Product Type, 2021
Figure 59: The United Kingdom Market Value (US$ million) and Forecast, 2022 to 2032
Figure 60: The United Kingdom Market Share, By Product Type, 2021
Figure 61: France Market Value (US$ million) and Forecast, 2022 to 2032
Figure 62: France Market Share, By Product Type, 2021
Figure 63: Italy Market Value (US$ million) and Forecast, 2022 to 2032
Figure 64: Italy Market Share, By Product Type, 2021
Figure 65: BENELUX Market Value (US$ million) and Forecast, 2022 to 2032
Figure 66: BENELUX Market Share, By Product Type, 2021
Figure 67: Nordic Countries Market Value (US$ million) and Forecast, 2022 to 2032
Figure 68: Nordic Countries Market Share, By Product Type, 2021
Figure 69: China Market Value (US$ million) and Forecast, 2022 to 2032
Figure 70: China Market Share, By Product Type, 2021
Figure 71: Japan Market Value (US$ million) and Forecast, 2022 to 2032
Figure 72: Japan Market Share, By Product Type, 2021
Figure 73: South Korea Market Value (US$ million) and Forecast, 2022 to 2032
Figure 74: South Korea Market Share, By Product Type, 2021
Figure 75: GCC Countries Market Value (US$ million) and Forecast, 2022 to 2032
Figure 76: GCC Countries Market Share, By Product Type, 2021
Figure 77: South Africa Market Value (US$ million) and Forecast, 2022 to 2032
Figure 78: South Africa Market Share, By Product Type, 2021
Figure 79: Turkey Market Value (US$ million) and Forecast, 2022 to 2032
Figure 80: Turkey Market Share, By Product Type, 2021
The global market is worth more than USD 395.1 million at present.
The value of the Hospital Surgical Disinfectant market is projected to increase at a CAGR of around 7.3% from 2022 to 2032.
The value of the Hospital Surgical Disinfectant market increased at a CAGR of around 6.3% from 2017 to 2021.
The top 5 countries driving demand for the market are the USA, China, The United Kingdom, Japan, and South Korea.
The value of the Hospital Surgical Disinfectant market is projected to increase at a CAGR of around 6.6% from 2022 to 2032 in North America.
The US market for Hospital Surgical disinfectants is projected to expand at a CAGR of around 6.5% during 2022 to 2032.
The major companies are 3M, Ecolab, Sage Products LLC, B. Braun Melsungen AG, and Kimberly-Clark Corporation.
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Hospital Surgical Disinfectant Market
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