1 / 5

Bio Decontamination Market Statistics To Witness Huge Growth By 2026

Bio-decontamination is defined as the exclusion of microbiological contamination or its reduction to an acceptable level.

Tejashrik
Download Presentation

Bio Decontamination Market Statistics To Witness Huge Growth By 2026

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Bio Decontamination Market Outlook, Competitive Landscape and Forecasts to 2026

  2. Bio-decontamination is defined as the exclusion of microbiological contamination or its reduction to an acceptable level. It is the combination of processes, including cleaning, disinfection, and/or sterilization, used to render a re-useable medical device (e.g. surgical instrument) safe for further use. All infectious materials and all contaminated equipment or apparatus should be decontaminated before being washed, stored, or discarded. There are different conditions where regular bio-decontamination is essential as a matter of best practice at key times which include healthcare, research institutes, pharmaceuticals & biotech facilities, and clean rooms. The Bio Decontamination Market is expected to grow at a rate of ~6% by 2026. The flow in the quantity of surgical procedures, rising prevalence of hospital-acquired infections(HIAs), rising pharmaceuticals & biotechnology industries across the globe, expanded interest for bio-decontamination for prevention of bacterial & virus infections, increased outsourcing of bio-decontamination services, and the growing implementation of stringent regulations in medical hygiene are some of the key factors driving the global bio decontamination market. Bio Decontamination Usage for Infection Prevention Drives the Global Bio Decontamination Market Presently, almost every environment on earth contains bacteria and microorganisms. Hospital-acquired infections (HAIs) impact the lives of one in 25 people admitted to the hospital. To eliminate and eradicate these infections cleaning, bio-decontamination, and other hygiene control measures have been implemented to prevent the potential survival and spread of microorganisms.

  3. For Instance,  • In September 2021, STERIS announced the launch of the next generation of integrated Vaporized Hydrogen Peroxide (VHP) bio-decontamination systems. The new VHP 100i and 1000i are designed to be integrated into a facility’s building automation and HVAC systems • In August 2021, TOMI Environmental Solutions Inc announced the launch of its SteraPak, which uses iHP technology and offers superior and a cost-competitive alternative to electrostatic sprayers • “Growing usage of advanced technologies is expected to drive the market. For instance, modern technologies such as ultraviolet light to ionization products, hydrogen peroxide vapor, and room decontamination methods have been very effective in reducing bacterial contamination.”- Chief Researcher, Bio Decontamination Product Manufacturer, United States • Explore Premium Report on Bio Decontamination Market @https://meditechinsights.com/bio-decontamination-market/

  4. Covid-19 Impact on the Bio Decontamination Market COVID-19 pandemic acted as a promising feature for the bio decontamination market as the interest for bio-decontamination products increased from the different industries which include hospitals & healthcare facilities, pharmaceutical & medical device manufacturing companies, and life sciences & biotechnology research organizations. Throughout the pandemic's peak, temporary facilities were established to treat COVID-19 patients. In most cases, high-touch surfaces (beds, handles, medical devices, and instruments) were required to be decontaminated to prevent hospital HAIs. Also, bio-decontamination services were used to convert the Covid-19 ward back to normal wards which in turn significantly increased the demand for bio-decontamination products in the market. North America: The Major Bio Decontamination Market North America is the largest bio-decontamination market, followed by Europe and APAC. The large share of North America can be attributed to the rising number of surgeries, stringent regulations & guidelines imposed by the government, the rising prevalence of hospital-acquired infections, and the presence of key players in the region. Companies Adopting Organic & Inorganic Growth Strategies to Increase their Market Share Players operating in bio decontamination market are adopting organic and inorganic growth strategies such as collaborations, acquisitions, and new product launches to garner market share.

  5. For instance,  • In May 2022,  Bio-decontamination startupDelox secured $751,000 of funding through a seed capital round led by Finnish corporate VC Kiilto Ventures • In September 2021, Steris announced that they have entered into a strategic partnership with H+E Pharma to design, install, and maintain an end-to-end turnkey clean utility water system • Competitive Landscape Analysis of Bio Decontamination Market • Some of the key players operating in the global bio decontamination market included are FedegariAutoclavi S.p.A., JCE Biotechnology, Steris Plc, Bioquell (Ecolab), TOMI Environmental Solutions Inc., among others.  • For More Comprehensive Insights, Contact Us @ https://meditechinsights.com/contact-us/ • About Medi-Tech Insights • Medi-Tech Insights is a healthcare-focused business research & insights firm. Our clients include Fortune 500 companies, blue-chip investors & hyper-growth start-ups. We have completed 100+ projects in Digital Health, Healthcare IT, Medical Technology, Medical Devices & Pharma Services. • Contact: • RutaHalde • Associate, Medi-Tech Insights • +32 498 86 80 79 • info@meditechinsights.com

More Related