Bio Decontamination Market: A Study of the Industry's Evolving Landscape Analysis Report Forecast 2030

Global Bio Decontamination Market Forecast to 2030

The Global Bio Decontamination Market report examines historical and current data, as well as a thorough examination of market dynamics. The report also sheds light on the major market growth driving and restraining factors that are expected to influence market growth over the forecast period. The Global Bio Decontamination Market researches the market scenario to provide growth projections for the Bio Decontamination industry from 2022 to 2030. The report focuses on potential growth opportunities and constraints that industry leaders may face over the course of the forecast timeline. To assist readers in making decisions, the report pays special attention to emerging business components, niche sectors, product launches, and brand promotions that are taking place in the market.

The global bio decontamination market size is expected to reach USD 280.8 Million at a steady revenue CAGR of 7.3% in 2030, according to the latest analysis by Emergen Research. One of the primary driving factors leading to increased revenue growth of the market is rising prevalence of hospital-acquired infections. Every year, the European Centre for Disease Prevention (ECDC) estimates that 3.1-4.6 million people in the European Union (EU), Iceland, Norway, as well as the U.K. contract a Hospital Acquired Infection (HAI). HAIs can significantly increase patient morbidity, death, and healthcare costs. Every year, more than 90,000 people die in the EU, Iceland, Norway, and the U.K. as a result of the six most prevalent illnesses in healthcare settings. HAIs are the single most lethal and expensive adverse event, accounting for up to 6% of public hospital expenses. Rising prevalence of HAIs is driving demand for bio decontamination services contributing to revenue growth of the market.

Some of the most recent no-touch (automated) decontamination techniques include aerosol and vaporised hydrogen peroxide, transportable devices emitting continuous UVC light, a pulsed-xenon UV light system, and the use of high-intensity narrow-spectrum (405 nm) light. These no-touch techniques have been shown to reduce bacterial contamination on surfaces. Hospital surfaces can be made to become self-disinfecting by coating them with substances that either have inherent antimicrobial properties, like heavy metals like silver or copper, or by coating them with substances that do. These substances can maintain their antimicrobial activity for long periods of time.

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Competitive Terrain:

The global Bio Decontamination industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

The leading market contenders listed in the report are:

STERIS, Ecolab, TOMI Environmental Solutions, Inc., Fedegari Autoclavi S.p.A., Zhejiang TAILIN Bioengineering Co., LTD, Howorth Air Technology Limited, Solidfog Technologies, ClorDiSys Solutions Inc., Amira Srl Unipersonale, and Noxilizer, Inc

Research Report on the Bio Decontamination Market Addresses the Following Key Questions:

Who are the dominant players of the Bio Decontamination market?
Which regional market is anticipated to have a high growth rate over the projected period?
What consumer trends and demands are expected to influence the operations of the market players in the Bio Decontamination market?
What are the key growth drivers and restraining factors of the Bio Decontamination market?
What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
What is the overall impact of the COVID-19 pandemic on the Bio Decontamination market and its key segments?

Market Overview:

The report bifurcates the Bio Decontamination market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

Segments Covered in this report are:

Product & Service Outlook (Revenue, USD Million; 2019-2030)
- Equipment
- Services
- Consumables

Agent Type Outlook (Revenue, USD Million; 2019-2030)
- Hydrogen Peroxide
- Chlorine Dioxide
- Peracetic Acid
- Nitrogen Dioxide

Type Outlook (Revenue, USD Million; 2019-2030)
- Chamber Decontamination
- Room Decontamination

Regional Landscape section of the Bio Decontamination report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.

The various regions analyzed in the report include:

North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Some Key Highlights From the Report

On 26 October 2022, Bio-One Sciences introduced a chemical-free, non-invasive UVC disinfection solution for medical device production cleanrooms. Their revolutionary service delivers a constant stream of UVC rays that quickly and effectively destroy the Deoxyribonucleic Acid (DNA) of germs and illnesses. This eco-friendly solution eliminates the guesswork and inefficiencies associated with manual washing and disinfection.
The equipment segment is expected to account for largest revenue share during the forecast period, which is attributed to increased preference for automated bio decontamination technologies over manual bio decontamination methods. In addition, faster patient flow in hospitals, less waste, ease of use, mobility, and a small footprint all contribute to revenue growth of the segment.
The chamber decontamination segment is expected to account for largest revenue share during the forecast period, which is attributed to its affordable cost and low power usage. Decontamination chambers are designed for usage in pharmaceutical, industrial, laboratory, or research environments. They provide a gas-tight compartment for quick and simple decontamination of equipment and items entering a clean facility, as well as routine decontamination within the facility. These aforementioned factors are expected to drive revenue growth of the segment.
The market in North America is expected to account for largest revenue share during the forecast period, which is attributed primarily to substantial investments in medical facilities, stringent patient safety regulations, and rising HAI rates in the region. HAIs, for example, is estimated to cause 1.7 million illnesses and 99,000 deaths in American hospitals alone every year by the Centers for Disease Control (CDC). Urinary tract infections are among these illnesses, accounting for 32% of all healthcare-acquired infections. Efficient bio decontamination services are thus required to aid in the prevention of nosocomial infection transmission, hence driving revenue growth of the market in the region.

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Bio Decontamination market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

Key Points of the Geographical Analysis:

Data and information related to the consumption rate in each region
Estimated increase in the consumption rate
Proposed growth of the market share of each region
Geographical contribution to market revenue
Expected growth rate of the regional markets

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