The Global Bio Decontamination Market size is expected to reach $393.7 million by 2030, rising at a market growth of 7.3% CAGR during the forecast period.
The Bio Decontamination products are widely accessible in the Asia Pacific region due to the numerous merchants that are present there. Therefore, Asia Pacific region accounted for $57.3 million revenue in the market in 2022. The world's expanding economies, including those of China, India, and others, provide market participants with tremendous prospects, fuelling the industry's expansion during the course of the projection period. The market is anticipated to be driven shortly by the expanding outsourcing of bio-decontamination operations. Moreover, the market will grow in the near future due to the booming biopharma industry and the demand for improved bio-decontamination equipment. Some of the factors impacting the market are significant growth in biotechnology & pharmaceutical industry, rising healthcare industry and growing outsourcing in developing nations, and pathogen resistance is variable.
R&D spending, results, expenses, and the introduction of novel pharmaceutical products have all increased noticeably over the past twenty years. The pharmaceutical sector earmarked millions more than the industry spent annually in the 1980s for research and development. More newly licensed medications were made commercially available from 2010 to 2019 than in the previous ten years. The market demand results from increasing R&D spending and an increased emphasis on developing novel therapeutic, diagnostic, and therapeutic products. Developed nations view emerging markets like China and India as cost-cutting hubs. In the past ten years, companies in developed markets, like the US and Europe, have outsourced their production and packaging activities to Taiwan, South Korea, China, and India to take advantage of these nations' lower labor costs and laxer regulatory frameworks. As these nations develop into significant manufacturing hubs, there is an increased emphasis on quality standards and the implementation of highly technological goods to meet client demands. Hospitals utilized bio-decontamination services like Bioquell's rapid bio-decontamination services (RBDS) in 2021 to transform COVID-19 wards into regular wards. Since the pandemic stabilized after 2020, COVID-19's total influence on the bio-decontamination market during the pandemic was also expanding gradually, and it is anticipated that this growth will continue in the years to come. As a result, the market has benefited from the pandemic outbreak.
However, in the market, pathogen challenge variability is a crucial factor. The persistence, resistance, and susceptibility of various diseases to decontamination techniques varies. The resistance and susceptibility to decontamination of various pathogens kinds provide diverse difficulties. Each type of microorganism has unique traits and reactions to disinfectants or decontamination techniques, including viruses, bacteria, fungi, and spores. Disinfectants may have difficulty reaching and effectively eradicating germs depending on the type of surface, porosity, texture, and the presence of organic or inorganic substances.
Based on product & service, the market is classified into equipment, services, and consumables. In 2022, the consumables segment acquired a substantial revenue share in the market. Consumables are essential for controlling and overseeing bio-contamination in various settings, including labs, hospitals, and industrial sites. For instance, PPE reduces the risk of contamination by putting a barrier between people and potentially infectious objects. To avoid swabs, cross-contamination, applicators are normally manufactured of sterile materials and are thrown after only one usage.
On the basis of agent type, the market is categorized into hydrogen peroxide, chlorine dioxide, peracetic acid, nitrogen dioxide. The hydrogen peroxide segment witnessed the largest revenue share in the market in 2022. Low concentrations of hydrogen peroxide vapor are an effective decontaminant for a variety of microorganisms. In addition to penetrating the majority of materials, VHP has the ability to eliminate microorganisms from seams & joints. By permeating them, a vapor can efficiently enter these spaces. The vapor of hydrogen peroxide can also pass through plastic membranes. Most polymers and adhesives used to create gadgets cannot sustain high temperatures without suffering any consequences.
By type, the market is fragmented into chamber decontamination, and room decontamination. The chamber decontamination segment dominated the market with the maximum revenue share in 2022. This is explained by its low price and minimal power consumption. Decontamination chambers are designed for use in industrial, laboratory, pharmaceutical, and research settings. They provide a gas-tight room for routine decontamination inside a business as well as quick and simple decontamination of items and equipment entering a clean facility. The elements above should fuel the segment's predicted revenue growth.
Based on end user, the market is bifurcated into pharmaceutical & medical device manufacturing companies, life sciences & biotechnology research organizations, and hospitals & healthcare facilities. In 2022, the hospitals & healthcare facilities segment covered a considerable revenue share in the market. The need for clean facilities in the healthcare &research sectors has become more widely recognized, especially in developed and developing economies. To stop the development of multi-antibiotic drug-resistant bacteria outbreaks and extremely dangerous viral pandemics like COVID, hospitals obviously need to be able to clean their facilities and enhance their capacity.
| Report Attribute | Details |
|---|---|
| Market size value in 2022 | USD 226.5 Million |
| Market size forecast in 2030 | USD 393.7 Million |
| Base Year | 2022 |
| Historical Period | 2019 to 2021 |
| Forecast Period | 2023 to 2030 |
| Revenue Growth Rate | CAGR of 7.3% from 2023 to 2030 |
| Number of Pages | 278 |
| Number of Table | 440 |
| Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Companies Strategic Developments, Company Profiling |
| Segments covered | Agent Type, Product & Service, Type, End User, Region |
| Country scope | US, Canada, Mexico, Germany, UK, France, Russia, Spain, Italy, China, Japan, India, South Korea, Singapore, Malaysia, Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria |
| Growth Drivers |
|
| Restraints |
|
Region wise, the market is analysed across North America, Europe, Asia Pacific, and LAMEA. The North America region led the market by generating the highest revenue share in 2022. Growth in the market is anticipated to be fuelled by developments in these technologies made by key companies, an increase in surgical operations, a rise in hospital-acquired infections, and strict rules and regulations implemented by regulatory bodies. Additionally, the region is producing and exporting more pharmaceutical goods.
Free Valuable Insights: Global Bio Decontamination Market size to reach USD 393.7 Million by 2030
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.
By Agent Type
By Product & Service
By Type
By End User
By Geography
The Market size is projected to reach USD 393.7 million by 2030.
Significant growth if biotechnology & pharmaceutical industry are driving the Market in coming years, however, Pathogen resistance is variable restraints the growth of the Market.
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.
The Equipment segment is generating the maximum revenue share in the Market by Product & Service in 2022, thereby achieving a market value of $169.7 million by 2030.
The Room Decontamination segment has shown a high growth rate of 8.9% during (2023 - 2030).
The North America region dominated the Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $146.7 million by 2030.
Unique Offerings Our team of dedicated experts can provide you with attractive expansion opportunities for your business.
