Hospital Surgical Disinfectants Market Detailed Analysis and Forecast up to 2030 | Ecolab Inc., Steris plc, Cardinal Health, Cosmos Health Inc

Market Overview:

Hospital surgical disinfectants are used to sterilize medical equipment and surfaces in operating rooms and other clinical areas of hospitals to inhibit the growth of microorganisms and prevent hospital-acquired or nosocomial infections. These disinfectants are available in liquid, gel, and wipe forms for disinfecting surgical tools, surfaces, and hands of medical personnel before and after surgeries.

Market Dynamics:

The hospital surgical disinfectants market is driven by the growing prevalence of hospital-acquired infections and rising awareness about preventing their spread. According to the Centers for Disease Control and Prevention, around 1 in 31 hospital patients in the US contracts at least one hospital-acquired infection. This has increased the demand for effective disinfectants from hospitals. Furthermore, advancement in formulation of disinfectants with faster efficacy and residual protection is also fueling market growth. However, availability of alternative sterilization methods and concerns over toxicity of chemicals used in some disinfectants can hamper the market growth.

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Market Drivers

Increasing Incidences of Hospital Acquired Infections are Driving the Demand for Advanced Hospital Surgical Disinfectants

Hospital acquired infections or nosocomial infections have been on a rise globally. As per several studies, around 15-25% of patients admitted to hospitals in developed countries acquire at least one nosocomial infection. This has increased the focus on hygiene and disinfection practices in hospitals to curb the spread of infections. Advanced hospital surgical disinfectants play a critical role in disinfecting surgical equipment, devices, and hospital surfaces to kill or inactive harmful germs and reduce the risk of spreading infections. Various studies have shown disinfectants to be highly effective against a wide range of clinically important pathogens including MRSA and C. Difficile. Thus, the surging cases of hospital acquired infections are acting as a key growth driver for the hospital surgical disinfectants market.

Increasing Healthcare Expenditure and Focus on Hygiene is Fueling the Adoption of Advanced Hospital Surgical Disinfectants

Countries across the globe are witnessing significant rise in healthcare spending to boost prevention, provide better treatment outcomes and implement advanced technologies. As per the data by WHO, global healthcare spending averaged at 10% of GDP and $7,724 per capita in 2017. This increasing healthcare expenditure along with rising awareness about hospital hygiene practices is encouraging hospitals to adopt advanced hospital surgical disinfectants. Moreover, regulatory bodies like hospital inspection agencies are also mandating stricter compliance with disinfection protocols. The escalating focus on hygiene coupled with growing healthcare expenditure is anticipated to drive high demand for hospital surgical disinfectants in the coming years.

Market Restrain

Stringent Regulatory Framework Associated with Hospital Disinfectants May Hamper the Market Growth

The hospital surgical disinfectants market is subject to stringent rules and regulations imposed by regulatory authorities like USFDA and EU due to safety concerns. Regulatory authorities mandate extensive clinical research and trials to ensure product efficacy and safety. Developing and receiving approvals for new hospital disinfectants is a long, complex, and costly process. Moreover, frequent changes in regulatory guidelines related to formulations, packaging, and labelling also add to the compliance burden. The intricate regulatory framework involves high registration costs, compliance issues, and delayed product approval times. This acts as a major roadblock especially for new market entrants and small players. The complexity in regulatory approvals and changes in stringent norms may hinder the market growth marginally over the forecast period.

Hospital Surgical Disinfectants Market Opportunity

Increasing Healthcare Infrastructure in Emerging Economies Offers Lucrative Growth Prospects

The emerging economies in regions like Asia Pacific, Latin America, and Middle East are witnessing substantial investments to bolster their healthcare infrastructure and facilities. For example, in its 13th five year plan (2016-2020), China planned to increase its healthcare spending by 7-8% annually. India also aims to raise public healthcare spending to 2.5% of the GDP by 2025 under the Ayushman Bharat scheme. The improving healthcare infrastructure in these developing nations is anticipated to augment hospital establishments, surgical procedures and patient admission rate, thereby propelling the demand for hospital disinfectants including hospital surgical disinfectants. Thus, the ongoing healthcare infrastructure expansion in developing markets presents significant opportunities for hospital surgical disinfectants manufacturers over the coming years.

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Market Trends

Customization and Launch of Innovative Products has Emerged as a Key Trend to Gain Competitive Edge

The hospital surgical disinfectants market is highly competitive with presence of numerous international and regional players. To gain an edge over competitors, hospitals and manufactures are focusing on developing and providing customized and innovative hospital surgical disinfectant products. For instance, Clorox Healthcare launched its Clorox Healthcare VersaSure solution and wipe which are specially designed for surgical disinfection providing 30 day shelf life and ensuring 99.9% disinfection against C. diff, MRSA, VRE, and more.

Moreover, it will also include the opportunities available in micro markets for stakeholders to invest, a detailed analysis of the competitive landscape, and product services of key players. Analysis of Hospital Surgical Disinfectants companies, key tactics followed by Leading Key Players:

◘ 3M Company
◘ Reckitt Benckiser Group plc
◘ Ecolab Inc.
◘ Steris plc
◘ Cardinal Health
◘ Cosmos Health Inc.
◘ Kimberly-Clark Corporation
◘ Bio-Cide International Inc.
◘ Deepak Fertilisers
◘ Carenow Medical Pvt. Ltd.
◘ Sonoma Pharmaceuticals Inc.
◘ Skylar
◘ Kinnos
◘ ADYTON s.r.o.
◘ SERVPRO
◘ Medline Industries
◘ LP

Note: Major Players are sorted in no particular order.

By Application

Hand Disinfectants
Skin Disinfectants
Surface Disinfectants
Instrument Disinfectants

By Formulation

Ethanols
Chlorhexidine Gluconate
Quaternary Ammonium Compounds
Aldehydes
Phenolic Compounds

By End User

Hospitals and Clinics
Diagnostic Centers
Ambulatory Surgical Centers

The Study Objectives are:

A comprehensive insight into key players operating in the Hospital Surgical Disinfectants Market and their corresponding data.
It includes product portfolio, annual revenue, expenditure on research and development, geographical presence, key developments in recent years, and growth strategies.
Regional analysis, which includes insight into the dominant market and corresponding market share.
It also includes various socio-economic factors affecting the evolution of the market in the region.
The report offers a comprehensive insight into different individuals from value chains such as raw materials suppliers, distributors, and stockholders.
Table of Contents:

Market scenario 2023

Chapter 1: Introduction, Market Driving Force Product Objective of Study and Research Scope the Hospital Surgical Disinfectants market
Chapter 2: Exclusive Summary - the basic information of the Hospital Surgical Disinfectants Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends, and Challenges & Opportunities of the Hospital Surgical Disinfectants
Chapter 4: Presenting the Hospital Surgical Disinfectants Market Factor Analysis, Supply/Value Chain, PESTEL analysis, Market Entry, and Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User, and Region/Country 2023 - 2030
Chapter 6: Evaluating the leading manufacturers of the Hospital Surgical Disinfectants market which consists of its Competitive Landscape, Peer Group Analysis, Market positioning & Company Profile
Chapter 7: To evaluate the market by segments, by countries, and by Manufacturers/Companies with revenue share and sales by key countries in these various regions (2023-2030)
Chapters 8 & 9: Displaying the Appendix, Methodology, and Data Source

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Key Questions Answered:

What is the market size and CAGR of the Hospital Surgical Disinfectants Market during the forecast period?
How is the growing demand impacting the growth of Hospital Surgical Disinfectants Market shares?
What is the growing demand of the Market during the forecast period?
Who are the leading vendors in the market and what are their market shares?
What is the impact of the COVID-19 pandemic on the APAC Hospital Surgical Disinfectants Market?

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