Uploaded on Aug 23, 2020
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.
Global Antiseptics and Disinfectants Market By Product (
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 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.
Definition & Outlook – By Product
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 microorganisms through their
action.
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.
Definition & Outlook – By Application
Enzymatic 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.
Regional Outlook
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 during the forecast.
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 market.
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 in
this region.
Competitive Landscape
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 supply chain management system.
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 -
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
Comments