openPR Logo
Press release

Ultraviolet Germicidal Irradiation Market Studies Research Report 2023

08-24-2017 08:09 PM CET | Health & Medicine

Press release from: Transparency Market Research

Ultraviolet Germicidal Irradiation Market Studies Research

Risk of Hospital-Acquired Infections Boosts Sales of UVGI Systems

The high risk of acquiring diseases due to the contamination of water and air has opened up the market for ultraviolet germicidal irradiation (UVGI) systems. Alarming statistics by the World Health Organizations state that about seven patients out every 100 patients that are admitted acquire hospital-related infections (HAIs). Owing to these reasons, hospitals are making hefty investments in installing UVGI systems. In addition, restaurants, food joints, air-conditioned offices, residential buildings, and cold storage facilities are adopting these systems to prevent the dangerous possibilities of spreading diseases.

View Report @ http://www.transparencymarketresearch.com/ultraviolet-germicidal-irradiation-market.html

The Transparency Market Research report on the global ultraviolet germicidal irradiation market states that this market will be worth US$430.3 mn by 2023 from US$168.4 mn in 2014, expanding at a CAGR of 10.9% from 2015 to 2023. The growing awareness amongst consumers about advanced food packaging techniques and hygienic surroundings are augmenting the global UVGI market at a steady pace. This market is also thriving due to the stringent regulations laid down by governments about purity standards and need to control the spread of diseases. 

Expensive Installation Costs Pose Challenge

The biggest challenge for the global UVGI market is the exorbitant cost of installations. The lack of technical labor to troubleshoot issues pertaining to equipment and systems is also adding to the costs of outsourcing, thereby discouraging consumers from investing in these systems. However, increasing awareness about the hygienic packaging of food and beverages is anticipated to open up new opportunities for this market.

The upper room systems sub-segment, which is a part of the air disinfectant segment, is anticipated to be the largest segment in the overall market. Its wide application in areas of heating, ventilation, and air conditioning (HVAC) systems will help the expansion of its share in the overall market. Furthermore, upper room systems are known to consume less power in comparison to other systems, which will boost their demand in the foreseeable future.

Get accurate market forecast and analysis on the Ultraviolet Germicidal Irradiation Market. Request a sample to stay abreast on the key trends impacting this market.

http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=10826

In addition, the air disinfection UVGI system segment is also likely to play a crucial role in the soaring revenues of this market as emerging economies of China and India adopt UVGI systems in line with developing their healthcare infrastructure.

North America Emerges as Leading Segment

Currently, North America holds the lion’s share in the global UVGI market. This region held a share of 38.3% in the overall market in 2014 followed by Europe, Asia Pacific, Latin America, and Rest of the World. The high incidence of HAIs in North America and the strict US FDA rules to curb them is driving the UVGI market in the region. About one in every 25 admitted patients acquires an HAI. Furthermore, the technological advancements in North America across various sectors is encouraging the growth of the UVGI market.

The top players operating in the global UVGI market are Atlantic Ultraviolet Corporation, American Ultraviolet, General Electric, Philips, Halma plc (Aquionics), and UltraViolet Devices, Inc. These companies will have to up their game by providing effective and cost-effective solutions to raise their revenues and achieve their predetermined goals. 

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

US Office Contact

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

 

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Ultraviolet Germicidal Irradiation Market Studies Research Report 2023 here

News-ID: 684655 • Views:

More Releases from Transparency Market Research

Smart Food Packaging Market Outlook 2032: Expected to Reach US$ 8.0 Billion by 2032, Growing at a CAGR of 5.8% from 2024
Smart Food Packaging Market Outlook 2032: Expected to Reach US$ 8.0 Billion by 2 …
The global smart food packaging market (スマート食品包装市場) was valued at US$ 4.8 billion in 2023. It is projected to grow at a compound annual growth rate (CAGR) of 5.8% from 2024 to 2032, reaching a valuation of US$ 8.0 billion by 2032. Download Sample Report Copy Here: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=85208&utm_source=OpenPR_Sandeep&utm_medium=OpenPR Analyst Viewpoint The introduction of novel food technologies due to rising consumer and industrial demand for safe and protective food packaging is a key
Retail Ready Packaging Market Outlook 2032: Projected to Reach US$ 102.2 Billion by 2032, Growing at a CAGR of 2.4% from 2024
Retail Ready Packaging Market Outlook 2032: Projected to Reach US$ 102.2 Billion …
The global retail ready packaging market (소매용 포장 시장) was valued at US$ 81.4 billion in 2023. It is projected to grow at a compound annual growth rate (CAGR) of 2.4% from 2024 to 2032, reaching US$ 102.2 billion by the end of 2032. Download Sample Report Copy Here: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=14105&utm_source=OpenPR_Sandeep&utm_medium=OpenPR Analyst Viewpoint The increase in the popularity of die cut display containers is a key factor driving the retail ready packaging market.
Packaging Automation Market Outlook 2032: Expected to Reach US$ 52.2 Billion by 2032, Growing at a CAGR of 3.7% from 2024
Packaging Automation Market Outlook 2032: Expected to Reach US$ 52.2 Billion by …
The global packaging automation market (包装自動化市場) was valued at US$ 37.5 billion in 2023. It is projected to grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2032, reaching US$ 52.2 billion by the end of 2032. Download Sample Report Copy Here: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=14096&utm_source=OpenPR_Sandeep&utm_medium=OpenPR Analyst Viewpoint The increase in efficiency through advanced packaging technologies is propelling the packaging automation market size. Automation improves efficiency, reduces errors, and enhances the
Brain Cancer Diagnostics Market Worth USD 2.5 Bn, at a 5.9% CAGR By 2031 - Trans …
Brain cancer remains one of the most challenging and complex malignancies to diagnose and treat. Advances in diagnostic technologies and methods are crucial for early detection and effective management of brain tumors. The global brain cancer diagnostics market, valued at approximately USD 1.5 billion in 2022, is projected to grow at a compound annual growth rate (CAGR) of 5.9% from 2023 to 2031, reaching more than USD 2.5 billion by

All 5 Releases


More Releases for UVGI

UVGI Market - Global Industry Analysis, Size, Share, Growth Opportunities, Futu …
The Global UVGI Market 2021 by Regions, Type, and Application, forecast to 2027 research report is a comprehensive, methodical, and all-encompassing examination of the industry. The study's goal is to help key vendors, organisations, and end-users in the industry better grasp the benefits and complete features of market segments. It examines market dynamics and gives an overview to aid in the definition, categorization, and statistical analysis of markets. The present
Global UVGI Market Overview Report by 2020-2025
Scope of the Report: The global UVGI market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of xx%% in the forecast period of 2020 to 2025 and will expected to reach USD xx million by 2025, from USD xx million in 2019. Market segmentation UVGI market is split by Type and by Application. For the period 2015-2025, the growth among segments provide accurate
Global UVGI Cleaner Industry Market Analysis & Forecast 2018-2023
Global UVGI Cleaner Industry Market Analysis and Forecast 2018-2023, conveying key bits of knowledge and giving an upper hand to customers through a point by point report. UVGI Cleaner which exceedingly displays on current market examination situation, forthcoming and in addition future chances, income development, estimating and productivity. Get sample copy of report: https://www.marketdensity.com/contact?ref=Sample&reportid=4583 Table of Contents Chapter 1 UVGI Cleaner Market Overview 1.1 Product Overview and Scope of UVGI Cleaner 1.2 UVGI
UVGI Cleaner Market Size, Share, Trends Analysis Report by Product, By Applicati …
UpMarketResearch offers a latest published report on “Global UVGI Cleaner Market Industry Analysis and Forecast 2018-2023” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 127 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. UVGI Cleaner market research report delivers a close watch on leading competitors with strategic analysis, micro
Ultraviolet Germicidal Irradiation Market Research Report by Geographical Analys …
The key players holding the lion’s share in the global ultraviolet germicidal irradiation market are America Ultraviolet, GE Water & Process Technologies, and UltraViolet Devices, Inc. amongst others, TMR finds in a new report. The majority of these companies will focus on offering effective and cost-efficient products to tap the unmet needs in the overall market. For instance, GE Water & Process Technologies is adopting advanced H-technology to improve its
North America Ultraviolet Germicidal Irradiation Market Driven by Technological …
The key players holding the lion’s share in the global ultraviolet germicidal irradiation market are America Ultraviolet, GE Water & Process Technologies, and UltraViolet Devices, Inc. amongst others, TMR finds in a new report. The majority of these companies will focus on offering effective and cost-efficient products to tap the unmet needs in the overall market. For instance, GE Water & Process Technologies is adopting advanced H-technology to improve its