North America Disinfection Cap Market Size & Outlook
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North America disinfection cap market highlights
- The North America disinfection cap market generated a revenue of USD 127.7 million in 2023.
- The market is expected to grow at a CAGR of 3.8% from 2024 to 2030.
- In terms of segment, non-retail was the largest revenue generating distributors in 2023.
- Retail is the most lucrative distributors segment registering the fastest growth during the forecast period.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 127.7 million |
| Market revenue in 2030 | USD 164.9 million |
| Growth rate | 3.8% (CAGR from 2024 to 2030) |
| Largest segment | Non-retail |
| Fastest growing segment | Retail |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Non-retail, Retail |
| Key market players worldwide | 3M Co, Becton Dickinson & Co, ICU Medical Inc, Baxter International Inc, B. Braun Medical |
Other key industry trends
- In terms of revenue, North America region accounted for 34.3% of the global disinfection cap market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 97.4 million by 2030.
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Disinfection Cap Market Scope
Disinfection Cap Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| ICU Medical Inc | View profile | 14000 | 951 Calle Amanecer, San Clemente, CA, United States, 92673 | https://www.icumed.com |
| B. Braun Medical | View profile | 10001+ | Bethlehem, Pennsylvania, United States, North America | http://www.bbraunusa.com |
| 3M Co | View profile | 85000 | 3M Center, St. Paul, MN, United States, 55144 | https://www.3m.com |
| Becton Dickinson & Co | View profile | 73000 | 1 Becton Drive, Franklin Lakes, NJ, United States, 07417-1880 | https://www.bd.com |
| Baxter International Inc | View profile | 60000 | One Baxter Parkway, Deerfield, IL, United States, 60015 | https://www.baxter.com |
North America disinfection cap market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to disinfection cap market will help companies and investors design strategic landscapes.
Non-retail was the largest segment with a revenue share of 71.73% in 2023. Horizon Databook has segmented the North America disinfection cap market based on non-retail, retail covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing number of surgeries in North America and growing incidence of hospital-acquired infection are expected to drive the demand for disinfection cap in North America. The use of disinfection caps is one of the essential requirements in surgical procedures and research field, as it reduces the risk of contamination and transmission of infections from one patient to another.
In addition, increasing incidence of hospital-acquired infections may boost the demand for such products, as doctors are strictly recommending usage of disinfection caps before using needles or other surgical equipment. Hence, these factors are expected to propel the market growth over the forecast period.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America disinfection cap market, including forecasts for subscribers. This continent databook contains high-level insights into North America disinfection cap market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America disinfection cap market size, by country, 2018-2030 (US$M)
North America Disinfection Cap Market Share, 2023 & 2030 (US$M)
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