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Chlorhexidine Gluconate Solution Market Size, Competitive Landscape, Revenue Analysis - 2032

10-28-2024 05:03 PM CET | Chemicals & Materials

Press release from: Emergen Research

Chlorhexidine Gluconate Solution Market Size, Competitive

Global Chlorhexidine Gluconate Solution Market Expected to Grow at 1.9% CAGR, driven by Rising Surgical Procedures and Geriatric Population

The global chlorhexidine gluconate solution market for, valued at USD 181.3 million in 2022, is projected to experience steady growth with a compound annual growth rate (CAGR) of 1.9% over the forecast period. This growth is primarily attributed to the increasing number of surgical procedures worldwide, particularly among the aging population, which has led to a greater demand for effective antiseptics like chlorhexidine gluconate in healthcare settings.

Chlorhexidine gluconate is a widely used antiseptic solution, favored for its ability to effectively eliminate bacteria on the skin before surgical procedures, thus reducing the risk of Surgical Site Infections (SSIs). SSIs are among the most common and costly complications in healthcare, affecting approximately 5% of all surgeries, according to the World Health Organization (WHO). WHO guidelines also recommend chlorhexidine solutions-commonly in 2% or 4% concentrations-for pre-surgery skin preparation. In hospital settings, 4% chlorhexidine gluconate solutions are widely used, while clinics often use a diluted 2% solution.

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Market Drivers: Increasing Surgeries and Geriatric Population

An aging global population is a significant driver of the market, as older individuals often undergo more surgical procedures and have a higher risk of infection. WHO estimates that by 2030, 1 in 6 people globally will be aged 60 or older, and by 2050, the population of those aged 60 and above will double, reaching 2.1 billion. This growing geriatric population will contribute to an increase in surgeries and, consequently, the need for effective antiseptics to prevent infections.

Certain types of surgeries have higher rates of SSIs. For instance, limb amputation, which has an estimated 14.3 SSIs per 100 operations, often requires chlorhexidine gluconate solutions to reduce infection risk. Abdominal surgeries, with an even higher SSI rate of 61.2%, similarly benefit from the use of antiseptics. The use of chlorhexidine gluconate solutions is also rising in dental applications, as a 2% solution can effectively reduce swelling, redness, and gum bleeding, supporting better oral hygiene and preventing infections.

Challenges: Raw Material Price Fluctuations

Despite promising growth, the chlorhexidine gluconate solution market faces challenges due to price fluctuations in raw materials. The production of these solutions requires a range of ingredients, including chlorhexidine gluconate, water, alcohol, glycerin, and specific surfactants. Variability in the costs of these components can impact manufacturing expenses and, ultimately, market prices. Ensuring stable supplies of these ingredients remains essential to the production and affordability of chlorhexidine gluconate solutions.

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Segment Insights: 2% Chlorhexidine Gluconate Solution Leads Market Demand

The market is divided into segments based on concentration levels, including 2%, 4%, and 20% chlorhexidine gluconate solutions. In 2022, the 2% chlorhexidine solution segment accounted for the largest market share, due to its broad use as an effective antiseptic that prevents infections by significantly reducing skin microbes. This concentration is particularly useful in hospitals for preoperative skin preparation and is also commonly used in dentistry, where it helps reduce plaque-induced gingivitis and other oral infections. Additionally, 2% chlorhexidine gluconate solutions are increasingly used in mouthwashes for managing gum health, as supported by findings from the National Library of Medicine.

Chlorhexidine Gluconate Solution Market Top Companies and Competitive Landscape

The global chlorhexidine gluconate solution market is fragmented, with several key players accounting for the majority of market revenue. Major players are deploying various strategies, entering mergers & acquisitions, strategic agreements & contracts, developing, testing, and introducing new products and solutions.

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Some major players included in the global chlorhexidine gluconate solution market report are:

Xttrium Laboratories.
Afton Pharma
MEDICHEM S.A.
3M
BD
Ecolab
Lupin
Sage Products LLC
Clinicept Healthcare Ltd.
Coloplast Corp
Convatec Group PLC
Cardinal Health.
GAMA Healthcare Ltd
Medline Industries, Inc.

Chlorhexidine Gluconate Solution Market Latest Industry Updates

On 3 April 2023, 3M Health Care today announced the introduction of its new Food and Drug Administration (FDA)-approved 3M SoluPrep S Sterile Antiseptic Solution chlorhexidine gluconate (2% w/v) and isopropyl alcohol (70% v/v) Patient Preoperative Skin Preparation. The product has been shown to provide fast-acting, broad-spectrum antimicrobial activity (in vitro, clinical significance unknown) and persistence in healthy human volunteers for at least 96 hours post-prep.

On 26 September, Cosmos Health company a diversified, vertically integrated global healthcare group engaged in innovative Research and Development (R&D), owner of proprietary nutraceutical brands, manufacturer and distributor of healthcare products, and operator of a telehealth platform, announced the expansion of its C-Sept brand with the launch of the new C-Scrub Wash 4% CHG Biocide.

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Chlorhexidine Gluconate Solution Market Segmentation Analysis

For the purpose of this report, Emergen Research has segmented the global chlorhexidine gluconate solution market on the basis of product type, application, distribution channel, and region:

Product Type Outlook (Revenue, Volume, USD Million, Kilotonnes; 2019-2032)

2% Chlorhexidine Gluconate Solution
4% Chlorhexidine Gluconate Solution
20% Chlorhexidine Gluconate Solution

Application Outlook (Revenue, Volume, USD Million, Kilotonnes; 2019-2032)

Preoperative Skin Preparation
Surgical Hand Rub
Skin Wound and General Skin Cleanser
Healthcare Personal Hand Hygiene

Distribution Channel Outlook (Revenue, Volume, USD Million, Kilotonnes; 2019-2032)

Online
Offline

Regional Outlook (Revenue, Volume, USD Million, Kilotonnes; 2019-2032)
North America
U.S.
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Benelux
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
UAE
South Africa
Turkey
Rest of MEA
View Additional Related Reports:

Chlorhexidine Gluconate (CHG) Solution Market Analysis: https://www.emergenresearch.com/industry-report/chlorhexidine-gluconate-solution-market/market-analysis

 Chlorhexidine Gluconate (CHG) Solution Market Top Companies: https://www.emergenresearch.com/industry-report/chlorhexidine-gluconate-solution-market/top-companies

 Chlorhexidine Gluconate (CHG) Solution Market News: https://www.emergenresearch.com/industry-report/chlorhexidine-gluconate-solution-market/market-news

 Chlorhexidine Gluconate (CHG) Solution Market Executive Summary: https://www.emergenresearch.com/industry-report/chlorhexidine-gluconate-solution-market/executive-summary

About Us:
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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