Antiseptics and Disinfectants Market Size, Share & Trends Analysis Report By Type (Quaternary Ammonium, Chlorine), Product Type (Medical Device Disinfectants), By End Use, And Segment Forecasts, 2019 - 2026

Industry Insights

The global antiseptics and disinfectants market size was valued at USD 16.75 billion in 2018 and is expected to expand at a CAGR of 6.7% over the forecast period. High prevalence of Hospital-acquired Infections (HAIs), awareness about home hygiene and the need for disinfection, and increasing use of endoscope reprocesses and surgical units across the globe are anticipated to propel the product demand.

Increasing cases of HAIs due to lack of sanitation and precaution is one of the factors contributing to the market growth. For instance, as per the Centers for Disease Control and Prevention (CDC), around one in every 25 hospital patients suffer from at least one healthcare-associated infection every year. Such cases are expected to surge the demand for the product. This factor is anticipated to drive the market growth during the forecast period. 

The application of disinfectant solutions in hospitals and clinics generally provides protection against contamination and lowers the risk of getting hospital-acquired infections. Furthermore, it prevents the bacteria and other microbial infections from entering the patient’s body. Thus, such solutions are a necessity in hospitals to maintain proper hygiene and sanitation, thereby lowering the risk of HAIs. This factor is anticipated to propel the antiseptics and disinfectants market growth over the forecast period.

Government efforts to reduce the cases of HAIs and to create awareness regarding home and personal hygiene are projected to create growth opportunities for the market players. Rising awareness, especially across the emerging economies, such as Asia Pacific, Middle East and Africa, and Latin America is projected to further fuel the market in the forthcoming years.

Type Insights

Based on type, the quaternary ammonium compounds segment is expected to witness the highest revenue share over the forecast period. Quaternary ammonium compounds are one of the effective disinfectants and a strong oxidizing agent. They deactivate almost all harmful bacteria by altering its cell permeability, causing the destruction of their cell walls. It is generally used for disinfection of medical devices and hard surfaces.

Rising cases of hospital acquired infections across the globe might positively impact the segment growth over the forecast period. For instance, as per the World Health Organization (WHO), of every 100 hospitalized patients in a given time, seven patients in developed countries and 10 patients in developing countries acquires at least one healthcare associated infection every year. Such instances are expected to surge the demand for quaternary ammonium compounds. Furthermore, rising surgical procedures worldwide is also expected to surge the product demand. For instance, as per the Plastic Surgery Statistics Report, in 2017, around 17.5 million cosmetic surgical procedures were performed in U.S. which is almost 2% increase from 2016.

End-use Insights

Hospital segment led the market in 2017. Increasing cases of hospital-acquired infections across the globe is one of the major reasons for the segment growth. For instance, as per the CDC, every day around one in 31 hospital patients acquire one hospital acquired infections. Usage of proper antiseptics and disinfectants are very much essential as it helps in preventing the transmission of infection from one person to another.

Increasing healthcare expenditure in developed and developing countries may increase the number of hospitals owing to which demand for antiseptics & disinfectants is also expected to increase. For instance, as per the as per the Eurostat, Germany, France, and Sweden had the highest healthcare expenditure (around 11.0%) in GDP in 2015. Thus, such factors are expected to propel the segment growth over the forecast period.

Product Type Insights

Medical device disinfectants are expected to witness the highest revenue share among the other product types over the forecast period. It is generally used for preventing microbial growth and works effectively on the bacterial surface. It is popularly used in hospital and clinics for disinfecting test kits, medical devices, and surgical equipment.

Glutaraldehyde, phenol/phenate, hydrogen peroxide, and peracetic acid are some of the major disinfectants used for reprocessing/disinfection of medical devices. Proper reprocessing of medical devices and endoscopes are very much essential otherwise it may transmit infection from one patient to another as these devices come in direct contact with the skin and body. Increasing surgical procedures across the globe may be considered to be one of the major factors driving the segment growth over the forecast period.

Regional Insights

North America led the market for antiseptics and disinfectants followed by Europe. The increasing number of surgeries in North America and workers in the healthcare field are expected to drive the regional demand. Essential requirement of the products in surgical procedures and research fields to reduce the risk of contamination and transmission of infections can further drive the demand. In addition, increasing cases of hospital-acquired infections may also surge the demand for such solutions as doctors are also giving strict recommendations for the use of disinfectant solutions. All these factors might propel the regional market growth over the forecast period.

Asia Pacific region is expected to exhibit the fastest CAGR during the forecast period due to rising cases of hospital-acquired infections and cases of diseases, such as food poisoning, cholera, and typhoid fever in this region. Furthermore, major players are also making the constant effort to enter into the untapped areas of Asia-Pacific. These factors are anticipated to bode well for the regional market in near future.

Antiseptics & Disinfectants Market Share Insights

Prominent key players in the market include 3M; Reckitt Benckiser; STERIS plc; Kimberly-Clark Corporation; Bio-Cide International Inc.; Cardinal Health; Novartis AG; BD; and Johnson & Johnson. Key players are involved in adopting strategies such as mergers and acquisitions and entering into partnerships to strengthen their position in the market.

For instance, in June 2018, Johnson & Johnson announced the binding offer from Fortive Corporation to acquire its Advanced Sterilization Products (ASP) business, a division of Ethicon, Inc. This will help the company to extend its product portfolio related to sterilization products and will also aid in increasing the customer base across the globe.

Report Scope

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2014 to 2026. For the purpose of this study, Grand View Research has segmented the global antiseptics and disinfectants market report on the basis of type, product type, end use, and region:

• Type Outlook (Revenue, USD Million, 2014 - 2026)

  • Quaternary Ammonium Compounds

  • Chlorine Compounds

  • Alcohols & Aldehyde Products

  • Enzyme

  • Others

• Product Type Outlook (Revenue, USD Million, 2014 - 2026)

  • Enzymatic Cleaners

  • Medical Device Disinfectants

  • Surface Disinfectants

• End-use Outlook (Revenue, USD Million, 2014 - 2026)

  • Hospitals

  • Clinics

  • Others

• Regional Outlook (Revenue, USD Million, 2014 - 2026)

  • North America

    • U.S.

    • Canada

  • Europe

    • Germany

    • U.K.

  • Asia Pacific

    • Japan

    • China

  • Latin America

    • Brazil

  • MEA

    • South Africa

    • Saudi Arabia