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UV Disinfection Equipment Market Size, Trends And Report 2024-2033
UV Disinfection Equipment Market Size
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According to The Business Research Company's, The uv disinfection equipment market size has grown rapidly in recent years. It will grow from $4.57 billion in 2023 to $5.29 billion in 2024 at a compound annual growth rate (CAGR) of 15.7%. The growth in the historic period can be attributed to increased awareness of infections, healthcare sector adoption, regulatory compliance, water and wastewater treatment, food and beverage industry needs.
The uv disinfection equipment market size is expected to see rapid growth in the next few years. It will grow to $9.58 billion in 2028 at a compound annual growth rate (CAGR) of 16.0%. The growth in the forecast period can be attributed to food safety and agricultural practices, resilience against emerging pathogens, expansion of uv-c applications, government initiatives and regulations, increasing remote and off-grid applications. Major trends in the forecast period include integration with smart technologies, portable and mobile uv solutions, uv-c leds technology advancements, collaboration with robotics, , air purification in hvac systems.
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Market Drivers and Trends:
The increasing number of cases of hospital-acquired infections (HAIs) is expected to propel the growth of the UV disinfection equipment market going forward. Hospital-acquired infections, also known as nosocomial infections, are infections that patients acquire during receiving healthcare treatment in a hospital or other healthcare facility. UV disinfection equipment in hospital settings helps mitigate and control hospital-acquired infections by effectively eliminating pathogens on surfaces and in the air, contributing to a safer healthcare environment. For instance, in 2021, according to a report by the Centers for Disease Control and Prevention, a US-based Government agency, there was a rise in Hospital-Acquired Infections (HAIs) including an overall 7% increase in CLABSI, a 12% increase in VAE, and a 5% increase in CAUTI between 2020 and 2021 in the USA. Therefore, the increasing number of cases of hospital-acquired infections is driving the UV disinfection equipment market.
Major companies operating in the UV disinfection equipment market are launching new products by utilizing technology, such as UV-C LED technology, to provide an effective solution. UV-C LED technology refers to the use of light-emitting diodes (LEDs) that emit ultraviolet C (UV-C) light. For instance, in May 2023, AquiSense Technologies, a US-based provider of ultraviolet (UV) disinfection systems, launched PearlAqua Deca 30C, a UV disinfection product utilizing UV-C LED technology for over 99.99% pathogen reduction at 4 gallons per minute. Housed in a compact case, it offers automatic on/off switching or external triggering, configurable alarm outputs, and dynamic power control to reduce energy consumption. The product showcases AquiSense's next-generation design platform, incorporating advanced UV-C LED devices, sophisticated electronics, an integrated UV Intensity Sensor, and increased assembly automation.
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Major Key Players of the Market:
American Ultraviolet Company, Atlantic Ultraviolet Corporation, Kuraray Co. Ltd., Xenex Disinfection Services LLC, Trojan Technologies, Evoqua Water Technologies LLC, Advanced UV Inc., Atlantium Technologies Ltd., Dr. Hönle AG, Lumalier Corporation, Enaqua LLC, Australian Ultra Violet Services Pty. Ltd., Koninklijke Philips N.V., S.I.T.A. Srl, Hitech Ultraviolet Pvt. Ltd., Calgon Carbon Corporation, Aquionics International Sdn Bhd, Severn Trent Services Limited, Halma plc., Danaher Corporation, Lit Company LLC, Germitec S.A.S., Aquafine Corporation, UV Pure Technologies Inc., UV-Technik Speziallampen GmbH, UVO3 Ltd., UV-Guard Australia Pty Ltd, UV-C Solutions LLC, YAMADA Electric Co. Ltd., Sanuvox Technologies Inc.
UV Disinfection Equipment Market 2024 Key Insights:
• The uv disinfection equipment market size is expected to see rapid growth in the next few years. It will grow to $9.58 billion in 2028 at a compound annual growth rate (CAGR) of 16.0%.
• Water Pollution Crisis Fuels Surge In Uv Disinfection Equipment Market
• Technological Product To Provide An Effective Uv Disinfection Solution
• Asia-Pacific was the largest region in the UV disinfection equipment market share in 2023
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
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LinkedIn: https://in.linkedin.com/company/the-business-research-company
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Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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