Skin Antiseptic Products Market Size, Share & Trends Report

Skin Antiseptic Products Market Size, Share & Trends Analysis Report By Type (Swab Sticks, Wipes, Solutions), By Formulations (Alcohols, Chlorhexidine), By Application (Surgeries, Injections), And Segment Forecasts, 2019 - 2026

  • Published Date: Jun, 2019
  • Base Year for Estimate: 2018
  • Report ID: GVR-2-68038-930-2
  • Format: Electronic (PDF)
  • Historical Data: 2015 - 2017
  • Number of Pages: 132

Report Overview

The global skin antiseptic products market size was valued at USD 192.25 million in 2018 and is expected to register a CAGR of 6.9% from 2019 to 2026. Product demand is increasing due to the rising prevalence of Hospital Acquired Infections (HAIs), due to lack of sanitation and precaution, and increasing use of surgical units and endoscope reprocesses.

U.S. skin antiseptic products market size

According to the Centers for Disease Control and Prevention (CDC), about 1 in 25 hospital patients has at least one healthcare-associated infection. This is expected to boost the demand for skin antiseptic products. The application of antiseptics generally protects against contamination and lowers the risk of HAIs.

Thus, such solutions are widely used in hospitals to maintain proper hygiene and sanitation. These factors are expected to propel the growth of this market during the forecast period. The growing usage of endoscopy is also expected to increase the risk of HAIs. In such cases, the proper application of antiseptic and disinfectant solutions is imperative to prevent the transmission of infections.

Formulations Insights

The alcohol segment led the market in 2018 owing to the increased usage of formulation for pre-injection and pre-operative skin preparation. Furthermore, growing demand for alcohol base to be used in combination with other formulations, such as iodine and chlorhexidine, is fueling the segment growth. In addition, it comprises antiseptic agents, such as isopropyl or ethyl, which are effective against different microbes. Octenidine segment is anticipated to witness the fastest growth over the forecast period. Octenidine is an internal substitute for chlorhexidine and iodine skin antiseptic products. In countries, such as the U.S., the FDA has restricted the use of chlorhexidine and iodine, which may aid in the growth of this segment.

Type Insights

On the basis of type, solutions were the highest revenue-generating segment due to the high prevalence of HAIs & SSIs and the easy availability of different solutions. Growing awareness and increasing applications of antiseptic solutions in pre-operation and pre-injection skin preparation is expected to drive the segment further. Such solutions significantly reduce the risk of contamination and transmission of infection. Wipes segment is anticipated to witness the fastest CAGR from 2019 to 2026. Wipes are easy to use and help in film and tape adhesion. Furthermore, they are extremely effective for wound application, as they completely clean the wound area.

Application Insights

The injection segment led the market in 2018 and is anticipated to witness the fastest growth over the forecast period. This is attributable to the increasing use of injections for extracting fluid from swollen joints for injecting medicines.

Global skin antiseptic products market share

Individuals suffering from joint injuries and sports-related wounds are the primary users of the injections. Furthermore, rising awareness about the availability of injections carrying zero side-effects is expected to boost the demand further.

Regional Insights

North America led the global market in 2018 and is expected to dominate the market over the forecast period. The rising number of surgeries being performed is one of the major drivers positively impacting market growth. The pre-operative skin preparation is one of the essential steps adopted by surgeons before surgeries. Thus the demand for skin-antiseptics products is anticipated to rise with the increasing rate of surgeries.

Asia Pacific is expected to witness the fastest growth over the forecast period. Increasing healthcare expenditure by public and private sectors is one of the major driving factors of the market. Such a scenario is anticipated to encourage several international and local companies to enter the regional market, thereby augmenting its growth.

Skin Antiseptic Products Market Share Insights

Prominent key companies in the market include 3M, EcoLab, BD, Sage Products LLC, B.Braun Melsungen AG, Johnson & Johnson, Schulke & Mayr GmbH. Most of the companies have undertaken strategic initiatives, such as partnership, merger & acquisition, and product launch, to sustain in the market. For instance, in February 2019, Schülke & Mayr signed a distribution agreement with DKSH, one of the leading market expansion service providers. Under this agreement, DKSH will distribute and market a wide range of Schülke’s disinfectant products in China.

Skin Antiseptic Products Market Report Scope

Report Attribute

Details

Market size value in 2020

USD 218.84 million

Revenue forecast in 2026

USD 326.75 million

Growth Rate

CAGR of 6.9% from 2019 to 2026

Base year for estimation

2018

Historical data

2015 - 2017

Forecast period

2019 - 2026

Quantitative units

Revenue in USD million and CAGR from 2019 to 2026

Report coverage

Revenue forecast, company share, competitive landscape, growth factors and trends

Segments covered

Formulations, type, application, region

Regional scope

North America; Europe; Asia Pacific; Latin America; MEA

Country scope

U.S.; Canada; U.K.; Germany; France; Italy; Spain; China; Japan; India; Australia; South Korea; Brazil; Mexico; Argentina; South Africa; Saudi Arabia; UAE

Key companies profiled

BD; 3M; EcoLab; Schulke & Mayr GmbH; Sage Products LLC; Johnson & Johnson; B.Braun Melsungen AG

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Segments Covered in the Report

This report forecasts revenue and volume growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2026. For the purpose of this study, Grand View Research has segmented the global skin antiseptic products market report on the basis of formulations, type, application, and region:

  • Formulations Outlook (Revenue, USD Million, 2015 - 2026)

    • Alcohols

    • Chlorhexidine

    • Iodine

    • Octenidine

    • Others

  • Type Outlook (Revenue, USD Million, 2015 - 2026)

    • Solutions

    • Swab Sticks

    • Wipes

  • Application Outlook (Revenue, USD Million, 2015 - 2026)

    • Surgeries

      • Spinal

      • Joint

      • Other

    • Injections

      • Spinal

      • Joint

      • Other

  • Regional Outlook (Revenue, USD Million, 2015 - 2026)

    • North America

      • The U.S.

      • Canada

    • Europe

      • U.K.

      • Germany

      • France

      • Italy

      • Spain

    • Asia Pacific

      • Japan

      • China

      • India

      • Australia

      • South Korea

    • Latin America

      • Brazil

      • Mexico

      • Argentina

    • Middle East & Africa

      • South Africa

      • Saudi Arabia

      • UAE

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