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Antiseptics and Disinfectants Market- Global Industry Analysis, Size, Share, Growth, Trends and Forecast | Growth Market

The global antiseptics and disinfectants market were valued at US$ 9.4 Billion in 2019 and is projected to reach US$ 17.8 Billion by 2027 expanding at a CAGR of 8.2% during the forecast period, 2020-2027.

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Antiseptics and Disinfectants Market- Global Industry Analysis, Size, Share, Growth, Trends and Forecast | Growth Market

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  1. Global Antiseptics and Disinfectants Market By Product (Antiseptics, Disinfectants), By Chemical Type (Quaternary Ammonium Compounds, Chlorine Compounds, Alcohols & Aldehyde Products, Enzymes, and Others), By Application (Enzymatic Cleaners, Medical Device Disinfectants, Surface Disinfectants, and Others), By End-Users (Hospitals and Clinics, Homecare, and Others) and Region (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) Market Introduction The global antiseptics and disinfectants market were valued at US$ 9.4 Billion in 2019 and is projected to reach US$ 17.8 Billion by 2027 expanding at a CAGR of 8.2% during the forecast period, 2020-2027. Antiseptics and disinfectants products are primarily used for eliminating viruses, bacteria, fungi, and other disease-causing germs on the human body and non-living objects. According to the National Healthcare Safety Network (NHSN) Surgical Site Infection Surveillance in 2018, 11% of all deaths in intensive care units were reported to be associated with surgical site infections. This, in turn, has increased the demand for antiseptics and disinfectants in hospitals and clinics. Market Dynamics Prevalence of hospital-acquired infections, rising consumer health awareness & healthcare expenditure, technological improvements in manufacturing of antiseptics & disinfectants are

  2. considered as the primarily drivers the market for higher sales. However, stringent regulations related to the usage of antiseptics & disinfectants and negative perception about the use of chemical disinfectants are the major barriers for market growth. Though respective country government campaigns & awareness programs regarding home and personal hygiene are projected to create growth opportunities for market players Product Definition Antiseptics- An antiseptic is a chemical agent that slows or prevents micro-organism development on the body's external surfaces and helps to prevent infections. Antiseptics can be distinguished from antibiotics which kills micro-organisms within the body, and from disinfectants that kill micro- organisms present on non-living objects. Antiseptics; however, are called skin disinfectants. Disinfectants - Disinfectant agents are products used to eliminate dangerous microorganisms such as bacteria, viruses, or fungi from any non-living surfaces. Many disinfectants are non-specific and can act against a variety of On the basis of product, the global antiseptics and disinfectants market is bifurcated into antiseptics and disinfectants. The antiseptics segment is estimated to hold a major market share in the global market owing to growing health & skin concern among consumers. Increase in prevalence of the different pandemics such as SARS, swine flu, ZIKA, and coronavirus over the last few years is increasing the demand for such antiseptics across the globe. The global disinfectants market is anticipated to grow highest during the forecast owing to growing consumer focus for home cleaning & hygiene products. Online sales channels are expected to see a robust demand for disinfectants sales across the globe owing to high consumer inclination towards online sales. & Outlook – By action. microorganisms through their

  3. Definition & Outlook – By ApplicationEnzymatic

  4. Cleaners - Enzymatic cleaners produce enzymes that help break down neutral pH soil particles (usually pH 6-8). Enzymatic cleaners have different types of enzymes, such as proteases, amylases, and lipases that break down different types of soil particles. All enzyme types belong to the class of compounds known as proteins. Proteins and enzymes are complex molecules composed of amino acids bound together by peptide bonds. Medical Device Disinfectants - A general-purpose disinfectant is a germicide that is intended to treat non-critical surfaces of medical devices and equipment. A general-purpose disinfectant can be used before terminal sterilization or high-level disinfection to pre-clean or decontaminate essential or semi critical medical devices. Surface Disinfectants - Surface disinfectants are chemical products often use for killing germs on surfaces. It is known as a method to inactivate pathogens on inanimate surfaces. Based on applications, the global antiseptics and disinfectants market is classified into enzymatic cleaners, medical device disinfectants, surface disinfectants, and others. The medical device disinfectants segment is projected to constitute almost half of the of the market in 2027, as antiseptics & disinfectants help to maintain hygiene while using medical devices. The enzymatic cleaners segment is expected to gain XX BPS points during forecast period 2020-2027 respectively. The medical device disinfectants segment is expected to lose XX BPS points during forecast period respectively. The medical device disinfectants hold the major share due to its aggressive use in the healthcare industry to check pandemic infection in different regions.

  5. RegionalOutlook In terms of regions, the market has been fragmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America antiseptics and disinfectant market holds the highest value share in 2019 which was accounted for more than one third of the global market. The demand for antiseptics and disinfectants is expected to be highest in Asia Pacific due to high consumer base along with the growing health & hygiene practices and intense market competition in the region which ultimately benefits the consumers. The Asia Pacific market is expected to expand at over 11.0% CAGR Growing number of surgeries and health care professionals in North America is anticipated to boost the demand for antiseptics and disinfectants in the region. The market in the region is further driven by the high demand for antiseptics and disinfectants in surgical procedures and research institutions to reduce the risk of contamination and infection transmission. However, the demand for antiseptic and disinfectant has been increasing in the past few years, owing to rising awareness regarding nutritional benefits of antiseptic and disinfectant. High literacy rate and increasing number of healthcare centers and business centers are likely to contribute to the growth of the antiseptic and disinfectant The market in Asia Pacific area is estimated to expand at exhibit a significant CAGR during the forecast period due to increasing in prevalence of hospital-acquired infections and diseases such as food poisoning, cholera, and typhoid fever in the region. Moreover, global players are taking efforts to penetrate untapped countries forecast. during the market. region. in this Competitive Landscape

  6. Key players in the market include Bio-Cide International, Inc., SC Johnson Professional, P&G, Reckitt Benckiser Group plc, The Clorox Company, 3M and others. These companies are considered as key manufacturers of antiseptics and disinfectants based on their revenue, research development (R&D) activities, regional presence, and The players are adopting key strategies such as acquisition, and geographical expansion where potential opportunity for the antiseptics and disinfectants extraction is added in the company’s capacity. For Instance - system. supply chain management  In December 2019, P&G completed the acquisition of the over-the-counter (OTC) healthcare business of Merck KGaA to increase product portfolios. In October 2019, Cantel Medical announced the completion of the acquisition of Hu-Friedy Mfg. Co LLC which is a global leading manufacturer of instruments and instrument reprocessing workflow systems catering the dental industry. This acquisition helped the company increase its product portfolios In October 2019, 3M announced that it completed the acquisition of Acelity, Inc. and its KCI subsidiaries. This helped 3M increase its market share In February 2019, Cantel Medical completed the acquisition of Omnia S.p.A. (Omnia), dental surgical consumables solutions company In March 2018, The Clorox Company acquired Nutranext, a dietary supplement provided. This helped the former to increase its product portfolio.     Key Benefits for Industry Participants & Stakeholders   In-depth Analysis of the Global Antiseptics and Disinfectants Market Historical, Current and Projected Antiseptics and Disinfectants Market Size in terms of Value and Volume Potential & Niche Segments and Regions Exhibiting Promising Growth Covered Industry Drivers, Restraints and Opportunities for the Antiseptics and Disinfectants Market are Covered in the Study Recent Industry Trends and Developments in the Antiseptics and Disinfectants Market Competitive Landscape & Strategies of Key Players in Antiseptics and Disinfectants Market Neutral Perspective on Global Antiseptics and Disinfectants Market Performance     

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