High Level Disinfection Services Market 2023 Driving Factors Forecast Research 2029

High level disinfection services market is anticipated to grow at a CAGR of 7.4% during the forecast period (2023-2030). Pivotal factors attributed to market growth including the increasing incidences of hospital-acquired infections (HAIs), the growing prevalence of infectious diseases, and the growing number of surgical procedures. HAIs are nosocomial infections that are more frequent in people undergoing long-term care, most notably surgical treatment. HAIs are most common in the elderly, infants, and patients with weakened immune systems. The 2020 National and State HAI Progress Report provided data on central line-associated bloodstream infections (CLABSIs), catheter-associated urinary tract infections (CAUTIs), ventilator-associated events (VAEs), surgical site infections (SSIs), methicillin-resistant Staphylococcus aureus (MRSA) bloodstream events, and Clostridioides difficile events. The analysis of the 2020 quarterly ACH SIRs found significant increases in CLABSI, CAUTI, VAE, and MRSA bacteremia, compared to 2019. The largest increases occurred during 2020 Q4. Data showed an overall 47.0% increase in CLABSIs across all location types for 2020 Q4 compared to 2019 Q4; ICUs observed a 65.0% increase and select inpatient wards observed a 16.0% increase. For CAUTIs, a 19.0% overall increase was observed in 2020 Q4 with ICUs experiencing a 30.0% increase. For VAE, an overall increase of 45.0% was observed across all location types in 2020 Q4 compared to 2019 Q4. The largest increase in VAE was observed in ICUs (44.0%), followed by the adult inpatient wards.

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The global high level disinfection services market is segmented on the compound, service, and end-user. Based on the compound, the market is sub-segmented into glutaraldehyde, formaldehyde, hydrogen peroxide, peracetic acid and ortho-phthalalehyde. Based on the service, the market is sub-segmented into inhouse services and outsourced service. Further, based on end-user, the market is sub-segmented into hospitals and clinics, diagnostic laboratories, academic and research institutes, pharmaceutical and biotechnology companies. Among the end-user, the hospitals and clinics sub-segment is anticipated to hold a considerable share of the market, owing to the growing number of emergency hospital visits, offering reimbursement policies and facilities through insurance companies, providing prominent opportunities for the growth of this segment.

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• Market Coverage
• Market number available for - 2023-2029
• Base year- 2022
• Forecast period- 2023-2029
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others

Global High Level Disinfection Services Market Report Segment
By Compound
• Glutaraldehyde
• Formaldehyde
• Hydrogen Peroxide
• Peracetic Acid
• Ortho-phthalalehyde

By Service
• Inhouse Services
• Outsourced Service

By End-User
• Hospitals and Clinics
• Diagnostic Laboratories
• Academic and Research Institutes
• Pharmaceutical and Biotechnology Companies

Global High Level Disinfection Services Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa

The Report Covers
• Market value data analysis of 2022 and forecast to 2030.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global high level disinfection services market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.

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