Hospital surgical disinfectants are chemical solutions used to sanitize surgical tools and medical equipment to prevent the spread of infections. These disinfectants are used before and after surgery to disinfect surgical tools, medical devices, bedrails, and other areas prone to bacterial growth within hospital premises. With rising cases of hospital acquired infections globally, the demand for effective disinfectants to curb infections has increased considerably. Various disinfectant products such as quaternary ammonium compounds, hydrogen peroxide, chlorhexidine gluconate, and hypochlorite solutions are widely used for surface disinfection and sterilization in hospital settings.
The global hospital surgical disinfectants market is estimated to be valued at US$ 980 million in 2023 and is expected to exhibit a CAGR of 17% over the forecast period 2023-2031, as highlighted in a new report published by Coherent Market Insights.
Market Dynamics:
Hospital Surgical Disinfectants Market is Expected to be Flourished by High Demand for Disinfectants to Curb Hospital Acquired Infections
One of the key drivers fueling the growth of the hospital surgical disinfectants market is the rising incidence of hospital acquired infections globally. As per the Centers for Disease Control and Prevention (CDC) report, around 1 in 25 hospital patients contract at least one associated infection. Effective disinfection of medical equipment and hospital premises is critical to curb such infections. Stringent regulations regarding sterilization and disinfection in healthcare settings have further prompted hospitals to use certified disinfectants. Moreover, growing population susceptibility to infections due to factors such as increasing lifestyle diseases, an aging population, and invasive surgical procedures have boosted the demand for disinfectants. However, toxicity related concerns associated with certain disinfectants and increasing preference for non-toxic alternatives may hinder the market growth.
Segment Analysis
The hospital surgical disinfectants market can be segmented into skin disinfectants, instrument disinfectants, and surface disinfectants. Surface disinfectants dominate the market with around 45% share as they are widely used for disinfecting hospital surfaces. Surfaces need frequent disinfection to curb infection transmissions and this makes surface disinfectants the dominant segment.
PEST Analysis
Political: Regulations around hospital acquired infections and guidelines for disinfection are driving increased demand. Various governmentsPush for better hygiene standards.
Economic: Growing healthcare spending and rising number of surgeries being performed are fueling market growth. However, budget constraints in some regions can hamper extensive adoption.
Social: Rising awareness about importance of hygiene and infection control is a major factor. People are more informed about sanitation practices in hospitals.
Technological: Advances in formulations are leading to products with improved efficacy and new chemistries with lower toxicity. Automated disinfection systems see increased uptake.
Key Takeaways
Global Hospital Surgical Disinfectants Market Demand is expected to witness high growth.
Regional analysis comprises the market in North America dominates with over 30% share owing to early adoption of advanced products and stringent hygiene regulations. Asia Pacific is poised to grow at fastest pace led by countries like China and India performing large number of surgeries annually combined with improving awareness.
Key players operating in the hospital surgical disinfectants market are 3M, Cantel Medical, STERIS plc., Johnson & Johnson, Procter & Gamble, Reckitt Benckiser Group plc. The market leader 3M provides innovative solutions like Hibiclens and Medline Surgi Counter Top Disinfectant products. STERIS offers an extensive product range across different chemistries and applications.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
