Hospital Disinfectant Products and Services Markett

Hospital Disinfectant Products and Services Market at a
Stable CAGR of Over 7.4% from 2022 to 2029 | FMI Report

The hospital
disinfectant products & services market at a robust CAGR of over 7.4% during 2022
– 2029. Of every 100 hospitalized patients at any given time,
seven in developed and 10 in developing countries tend to acquire at least one
hospital-associated infection. Hospital associated infections have been the
longstanding concern of healthcare delivery centres.

Increasing awareness about infection prevention, coupled
with favourable initiatives taken by hospitals and governments, will drive
demand for hospital disinfectant products & services. 

Healthcare organizations and governments, in collaboration
with hospitals, have been spreading some of the primary prevention and
infection control methods such as appropriate hand hygiene and the correct
application of necessary precautions during invasive procedures. These measures
prominently include proper usage of hospital disinfectants, which is
responsible for growing awareness about adoption of effective and efficient
hospital disinfectant products & services.

Key Takeaways – Hospital Disinfectant Products &
Services Market Study

• Hundreds
  of millions of patients are affected by health care-associated infections
  worldwide each year, leading to significant mortality and financial losses
  for health systems.


• Poor
  quality of healthcare services in low to medium income countries are the
  most emerging regions for hospital disinfectant products & services
  market.


• Manufacturers
  are focusing on formulating hospital disinfectants that have natural
  ingredient base to reduce the overall toxicity and prevent other disease
  emergence.


• Lack
  of compliance of national guidelines and policies by hospitals may pose a
  threat to both mankind and the hospital disinfectant products &
  services market.


• Implementation
  of Patient Protection and Affordable Care Act (PPACA), which expects a
  manufacturer to pay 2.3% tax on the sale of medical devices will increase
  expenses for sterilization equipment manufacturers. As a consequence, it
  may hamper the growth of the hospital disinfectant products & services
  market for the forecasted years.

Bloodstream infection (BSI), ventilator-associated
pneumonia [VAP], urinary tract infection (UTI), and surgical site infection
(SSI) are some of the common intricate hospital associated infections creating
continuous opportunities for the global hospital disinfectant products &
services market. Companies, thus, must manufacture products in compliance with
medical regulations.

 Geriatric Population Primarily Driving Demand

Affordability of various treatment services and improved
healthcare policies in different countries have led to an increased life
expectancy of the population. According to WHO, the global geriatric population
is expected to grow from 524 million in 2010 to 2 billion by 2050. The
geriatric population suffers from various diseases and requires diagnosis and
treatments that involve the use of non-disposable medical equipment. Therefore,
the increase in the geriatric population globally is projected to drive demand
for various medicals services and disinfecting medical devices, thereby
enhancing the hospital disinfectant products & services market.

• The
  global geriatric population is expected to grow at the fastest rate in
  developed countries such as Italy, Germany, the U.K., the U.S., and Japan.


• Increase
  in healthcare spending is another factor that boosts the Hospital
  Disinfectant Products & Services Market.

However, the leading manufacturers of hospital disinfectant
have to comply with stringent rules and regulations that their products meet to
gain a spearhead competition in the global hospital disinfectant products &
services market.

What Does the Report Cover?

Future Market Insights, in its new research study, brings
forward a detailed analysis of the global hospital disinfectant products &
services market, presenting historical demand data (2014-2018) and forecast
statistics for the period of 2019-2029. The study elaborates the insights on
the hospital disinfectant products & services market on the basis of type
(liquid, gels & lotions, spray & foam, wipes, devices, surveillance
providers, and other types), application (skincare, surface cleaners,
surveillance providers, disinfectant instrument accessories, water cleaners,
and air cleaners), across seven significant regions. The study focuses on
product innovations, key developments, and various opportunities and trends in
the hospital disinfectant products & services market.

To know more: https://www.futuremarketinsights.com/reports/hospital-disinfectant-products-and-services-market