Global Surface Disinfectant Market Size, Share, Industry Growth, Future Prospects, Global Trends, Opportunities and Forecast 2019-2025
The global surface disinfectant market is estimated to have a significant CAGR of 8%, during the forecast period. The global surface disinfectant market is anticipated to grow at a considerable growth rate during the forecast period. Increasing the incidence of chronic and infectious diseases due to poor hygiene, sanitation, and others are the key factors contributing to the growth of the market. The surface disinfectant is used to reduce wound infection. According to the American College of Cardiology (ACC), the incidence of wound infection ranges from 2% to 17.5% after trauma and from 1% to 1.5% after minor dermatological surgical procedures. Disinfectants are antimicrobial agents that are coated on the surface to destroy harmful germs, bacteria, and other microorganisms. Surface disinfectants are used to clean hospital surfaces and patient care services.
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The wide adoption of such chemicals in hospitals, clinics and another healthcare setting for a wide variety of applications including topical and hard surface applications are making a considerable contribution to the market growth. According to the Centers for Disease Control and Prevention (CDC), around 2 million hospital patients deal with a healthcare-associated infection (HAI) annually, which costs the hospitals over $45 billion every year and leads to the fatality of 100,000 patients in 2017.
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According to the Heart & Stroke Foundation in Canada alone, 1.6 million fatalities occur every year due to stroke and at least 1.3 million Canadians live with heart disease. As per the World Health Organization (WHO), around 18.1 million new cases were registered in 2018. It is the 2nd leading cause of mortality and caused around 9.55 million mortalities across the globe in 2018. Further, there were 17.5 million surgical and minimally invasive cosmetic procedures performed in the US in 2017 that were 17.8 million in 2016, according to the ASAPS. The rising number of surgeries performed in hospitals coupled with the application of disinfectants for the prevention of infection in surgical procedures. Moreover, quality care for the patient, staff safety and hygiene maintenance are mandatory for hospitals from around the globe.
- In March 2018 Hu-Friedy extended its product line by introducing AdvantaClear Surface Disinfectant which is available wipes, liquid, or spray, AdvantaClear.
- In August 2019, Ecolab Inc. announced the acquisition of Chemstar Corp. to expand its portfolio of surface disinfectants that further provides growth opportunities to the market.
Global Surface Disinfectant Market Segmentation
- Hospital and Diagnostic Center
- Pharmaceutical Companies
- Laboratory and Research Institutes
- Others (Food & Beverages Industry and Restaurants)
Global Surface Disinfectant Market – Segment by Region
- United States
- United Kingdom
- Rest of Europe
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle-East Africa
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