The increasing cases of hospital acquired infections, growing prevalence of viral diseases and booming bio-pharma industry and rising efforts towards the development of sophisticated bio decontamination devices are some growing factors for the market.
According to the current analysis of Reports and Data, the global Bio Decontamination market was valued at USD 127.3 million in 2019 and is expected to reach USD 206.8 million by the year 2027, at a CAGR of 6.2%. Bio decontamination facilitates aces of symptomatic and therapeutic medicines to the patients exposed to biological microorganisms.
The bio decontamination is mainly useful in hospitals and laboratories for extreme sterility that will reduce infections. The increasing cases of hospital-acquired infections are expected to fuel market growth in the future. The increasing number of medical and biotechnological corporations will additionally drive the market positively. As the Cleanrooms, isolators, laboratory areas, and biosafety workspaces (microbiological safety cabinets) involve a level of cleanliness and microbial control (achieved through disinfection) corresponding to the expected use of the area. Furthermore, developing economies such as India and China provides the untapped potential to the market.
Key companies profiled in the report include
Noxilizer, Inc., STERIS, Zhejiang Tailin Bioengineering Co., Ltd., Wenzhou Weike Biological Laboratory Equipment Co., Ltd., ClorDiSys Solutions Inc., Fedegari Autoclavi SpA, Howorth Air Technology Limited, TOMI Environmental Solutions, Inc., Ecolab, Inc., and JCE Biotechnology
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The report is an investigative study that determines market growth and market scope on the basis of market trends, consumer behavior shifts, consumption and production patterns, product portfolio offered by the market, growth rate, drivers and constraints, financial positions, and existing challenges and limitations of the Bio Decontamination market.
The report discusses in detail the global production capacity, demand and supply ratio, market dynamics, and comprehensive analysis of the competitive landscape. It provides an industry-wide analysis of the market share of each players along with their business portfolio, production and manufacturing capacity, product portfolio, business expansion plans, financial standing, and strategic alliances such as mergers and acquisitions, joint ventures, and collaborations, among others.
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The regional bifurcation of the market analyzes key market segments such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The report discusses in detail the market growth, market size, revenue growth, market share, production and consumption, demand and supply, current and emerging trends, and technological developments in each region.
The key geographical regions analyzed in the market report are:
- North America (U.S.A., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- AsiaPacific (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)
Bio Decontamination Market Segmentation based on Types:
Type of test Outlook (Revenue, USD Billion; 2017-2027)
- Urine Test for HCG
- Home Blood Test Kits for HCG
- Others
By Product and Services Outlook (Revenue in Million USD; 2017–2027)
- Services
- Pre and post construction needs
- Emergency response solution
- Daily decontamination of targeted pathogens
- outine decontamination of critical areas
- Others
- Equipment
- Chamber Decontamination Equipment
- Room Decontamination Equipment
- Consumables
- Biological Indicators
- Chemical Indicators
By Type Outlook (Revenue in Million USD; 2017–2027)
- Chamber Decontamination
- Room Decontamination
By Agent Outlook (Revenue in Million USD; 2017–2027)
- Nitrogen Dioxide
- Hydrogen Peroxide
- Chlorine Dioxide
- Peracetic Acid
- Glutaraldehyde
- Paraformaldehyde
- Others
By Method Outlook (Revenue in Million USD; 2017–2027)
- Thermal
- High Pressure
- Others
By End Use Outlook (Revenue in Million USD; 2017–2027)
- Pharmaceutical Medical Device Manufacturing Companies
- Life Sciences & Biotechnology Research Organizations
- Hospitals & Healthcare Facilities
Further key findings from the report suggest
- In amidst of COVID, the FDA granted an emergency use authorization to STERIS Corporation for the STERIS V-PRO 1 Plus, maX and maX2 Low Temperature Sterilization Systems using the STERIS N95 Decontamination Cycle, which uses evaporated hydrogen peroxide.
- Companies are showcasing their products at international platforms in the bio decontamination market, to enhance their sales. For instance, in February 2020, Bioquell, an Ecolab solution, showcased their bio decontamination systems in Florida which included various features and were technologically advanced.
- Expansion is among key business strategy being adopted by existing industry players. For instance, in August 2019, Bioquell opened an art technology center at its headquarters in Pennsylvania, US. The new facility showcased a full range of high-performance bio decontamination systems and services.
- Furthermore, advent to more advanced technologies supports the market development. In 2019, Telstar promoted it innovative technology including ionHP+ bio-decontamination system which has proven to decrease cycle times, reduce process costs and increase time available for process in isolation technology systems, water and pure steam generation and sterilization processes.
- Investments in the field of bio-decontaminations is on surge, as market is reflecting promising growth. In line with this, in December 2019, Directa Plus which is a manufacturer of graphene nano-platelets based products, announced that they have been awarded a sum of 1 million USD to provide environmental decontamination services on the Trinity - 1X gas project in Block 30 offshore Romania.
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