The Asia Pacific Bio Decontamination Market would witness market growth of 8.3% CAGR during the forecast period (2023-2030).
The rising incidence of chronic and age-related diseases, the aging population, the increasing incidence of cancer, and technological improvement all contribute to the trend of more surgical procedures. A remarkable technological and human collaboration is taking place in the field of surgery that could improve surgical precision and efficacy. A novel approach, system, or method of employing existing technology or systems are constantly being developed due to improvements in medical technology. Once robotics, optical imaging, and other high-tech advancements contribute to more precise, minimally invasive surgical techniques, the area is optimized to greatly improve surgical outcomes.
Instruments are sterilized using steam in sterile loads that are included with sterilizers. This enables the steam generator to maintain prolonged direct contact (saturated steam) with the objects. Instead of high-level disinfection, which is typically attributed to washer action, this technology offers total sterilization. These sterilizers need a vacuum to allow the steam to penetrate all surfaces of any objects with holes or inner spaces.
Around 28.6% of people in Japan in 2020 will be 65 or older. In 2020, 22.66 million senior households, or adults 65 and over living alone. Senior housing with a single inhabitant totalled 6.72 million. The number of women among them was roughly equal to that of men. For women in Japan, the average life expectancy in 2020 was 87.7 years, while it was 81.6 years for men.
The World Health Organization reports that China's aging population is among the fastest growing in the world. By 2040, 28% of the population of China is projected to be over 60 due to increased life expectancy and declining birth rates. The number of people 65 and older in 2019 was 176 million, and the number of people 60 and older was 254 million. By 2040, there will be 402 million people over the age of 60, or nearly 28% of the world's population. The requirement for effective & secure healthcare facilities is rapidly increasing due to the aged population's higher propensity to contract multiple diseases concurrently, creating potential opportunities for the market.
The Japan market dominated the Asia Pacific Bio Decontamination Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $26,520.5 Thousands by 2030. The China market would witness a CAGR of 7.5% during (2023 - 2030). Additionally, The India market is registering a CAGR of 9.1% during (2023 - 2030).
Based on Agent Type, the market is segmented into Hydrogen Peroxide, Chlorine Dioxide, Paracetic Oxide, and Nitrogen Dioxide. Based on Product & Service, the market is segmented into Equipment, Services, and Consumables. Based on Type, the market is segmented into Chamber Decontamination, and Room Decontamination. Based on End User, the market is segmented into Pharma & Medical Device Companies, Life Science & Biotechnology Research Organizations, and Hospitals & Healthcare Facilities. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Bio Decontamination Market is Projected to reach USD 393.7 Million by 2030, at a CAGR of 7.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include STERIS PLC, Ecolab, Inc., TOMI Environmental Solutions, Inc., JCE Biotechnology SAS, Fedegari Autoclavi S.p.A., Zhejiang TAILIN Bioengineering Co., Ltd., Howorth Air Technology Limited, Solidfog Technologies SPRL, ClorDiSys Solutions, Inc., and Amira Srl.
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