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Global Antiseptic Bathing Market to Flourish on the Back of Fierce Competition Prevailing Among the Local APAC Players || Key Players: Stryker Corporation, Molnlycke Health Care AB, HiCare Health, Reckitt Benckiser Nigeria, P&G

04-08-2019 02:16 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Global Antiseptic Bathing Market to Flourish on the Back

A new report published by Fact.MR comprises of a comprehensive analysis of the global antiseptic bathing market, which includes historical data for the period 2013 to 2017 and forecast for the period 2018 to 2026. The research report offers a thorough analysis of the historic and current growth drivers of the antiseptic bathing market with optimum accuracy. This descriptive study highlights significant factors that drive the growth of the antiseptic bathing market during the forecast period. The primary aim of the research report is to lend an incisive view of the global antiseptic bathing market and its growth prospects to the manufacturers and concerned stakeholders in the forthcoming years.

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Increasing cognizance of infections acquired in hospitals in parallel to the rising cases of surgical-site infections (SSI) is considered significant driver underpinning the growth of the global antiseptic bathing market. According to a recent report published by Fact.MR, the global antiseptic bathing market is projected to surpass a value of US$ 549.3 Mn and a promising CAGR of 2.9% by the end of 2026.

Antiseptic Bathing Market to Witness a Boom on Account of the Growing Geriatric Population

With the rise in the number of geriatric population, a proportional increase in diseases such as Cardiovascular, Osteoporosis, Dementia, Diabetes, and Cancer is witnessed globally. This has increased the cases of admissions in hospitals and clinics for a lengthy duration, which has been a robust growth driver for the expansion of the antiseptic bathing market, resulting from the preoperative skin cleansing practices. As a subsequence, the global antiseptic bathing market is poised to record a striking CAGR of 2.9% through 2026.

Sheer Change in the Regulation for Preoperative Skin Cleansing to Restrain the Antiseptic Bathing Market Growth

A shift in the recommendation of preoperative skin cleansing with soap and water or antiseptic, instead of antiseptic bathing products has been witnessed in the developed countries. In addition to this, the number of skin cleansing bath with CHG has been reduced to one from two. Drastically changing regulations and recommendations for the usage of CHG is envisaged to be a barrier to the growth of the antiseptic bathing market.

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Asia Pacific Remains a Lucrative Region for the Growth of the Antiseptic Bathing Market

Asia Pacific remains the most lucrative geography for the expansion of the antiseptic bathing market, which is significantly propelled by the growing number of geriatric population in parallel to the increasing disposable income of the individuals in this region. As a result, demand for quality healthcare procedures has been prevalent in APAC region resulting in the growth of the antiseptic bathing market.

Among the other countries of APAC, China is anticipated to maintain a lucrative position for the antiseptic bathing market as a large number of hospitals are concentrated in this region with over 500 beds each. In addition to this, protocols and practices to prevent infections acquired in hospitals have created an imperative demand for antiseptic bathing procedures, which in turn, influences the growth of the antiseptic bathing market.

Global Antiseptic Bathing Market to Flourish on the Back of Fierce Competition Prevailing Among the Local APAC Players

The report comprise of a dashboard that analyzes the significant players of the global antiseptic bathing market which includes Ecolab Inc., Becton, Reyanard Health Supplies, 3M Co., Dickinson and company, Clorox Company, Medline Industries, Air Liquide (Schulke Australia Pyt. Ltd.), Stryker Corporation, Molnlycke Health Care AB, HiCare Health, Reckitt Benckiser Nigeria, P&G, Deko Industries Limited, and Tropical Naturals Limited, among others.

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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