This report aims to provide detailed insights
into the global bio decontamination market. It
provides valuable information on the type, procedure, application, and region
in the market. Furthermore, the information for these segments, by region, is
also presented in this report. Leading players in the market are profiled to
study their product offerings and understand the strategies undertaken by them
to be competitive in this market.
Revenue Growth Analysis:
The Bio Decontamination Market is projected to reach USD 175 million by 2024 from USD 130 million in
2019, at a CAGR of 6.1%.
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Key Factors Driving Market Growth:
The rising incidence of hospital-acquired infections (HAIs), growth in the
pharmaceutical and biotechnology industries, and increasing outsourcing of bio
decontamination services are factors driving the growth of the Bio
Decontamination Industry.
The equipment segment commanded the largest share of the Bio Decontamination
Market in 2019.
On the basis of product & service, the Bio Decontamination Equipment Industry
is segmented into equipment, consumables, and services. In 2018, the equipment
segment accounted for the largest market share of Decontamination Equipment
Market. The launch of new and advanced instruments, portability, and the
reduced need for manual intervention are key factors driving the growth of this
segment.
Chamber decontamination held the largest share of the Bio Decontamination
Market in 2019.
By type, the Bio Decontamination Equipment Market is segmented into room and
chamber bio decontamination. In 2018, chambers accounted for the largest share
of the market. The large share of this segment can be attributed to factors
such as lower power consumption, smaller footprint, and cost-effectiveness.
Hydrogen Peroxide to dominate the Bio Decontamination Market in 2019.
On the basis of agent type, the Bio Decontamination Equipment Market is
segmented into hydrogen peroxide, nitrogen dioxide, chlorine dioxide, and
peracetic acid. In 2018, the hydrogen peroxide segment accounted for the
largest share of the Bio Decontamination Industry. The advantages offered by
hydrogen peroxide, such as material compatibility and safety with minimum
residue, are the major factors contributing to its dominance in the Bio
Decontamination Sector.
Regional Growth Analysis:
North America commanded
the largest share of the Bio Decontamination Market in 2019.
On the basis of region, the Bio Decontamination Equipment Market is segmented
into North America, Europe, Asia Pacific, and
the Rest of the World. In 2018, North America commanded the largest
share of the Bio Decontamination Industry. The large share of this regional
segment can be attributed to the growing demand for bio decontamination
technologies from the healthcare industry to minimize the occurrence of
hospital-acquired infections and the presence of major players in the region.
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Key Players:
The major players operating in this market are STERIS (US), Ecolab, Inc. (US),
TOMI Environmental Solutions, Inc (US), JCE Biotechnology (France), Fedegari
Autoclavi SpA (Italy),
Zhejiang Tailin Bioengineering Co., Ltd. (China), Noxilizer, Inc. (US), Howorth Air
Technology Limited (UK), Wenzhou Weike Biological Laboratory Equipment Co.,
Ltd. (China),
ClorDiSys Solutions Inc. (US), and Amira S.r.l. (Italy).
STERIS is the leading player in
the bio decontamination
equipment market. The company offers a broad portfolio of bio decontamination
equipment. The leading position of the company can be attributed to its strong
brand recognition and wide geographical presence. Furthermore, STERIS is one of
the few providers of bio decontamination services, further expanding its
offerings in this market.