Published Date: 31-Jul-2022
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According to a new report, published by KBV research, The Global Home Decontamination Services Market size is expected to reach $3 billion by 2028, rising at a market growth of 4.2% CAGR during the forecast period.
The Infection Prevention & Control segment acquired maximum revenue share in the Global Home Decontamination Services Market by Type in 2021 thereby, achieving a market value of $1.4 Billion by 2028. The primary factors anticipated to fuel the Home Decontamination Services Market Growth are the rise in hospital-acquired infections, the number of surgical procedures requiring high-intensity infection prevention & control, the number of government awareness programs to ensure a high degree infection prevention, the aging population, and the rise in cases of chronic diseases like diabetes, obesity, cancer, heart disease, and respiratory disorders.
The Independent House segment has shown growth rate of 4.4% during (2022 - 2028). It is because due to COVID-19 every independent house requires the service of decontamination. Independent homes or villas are standalone structures built on a plot of land. They often take the shape of a low-rise building and are accessible from the main road. Some developers also offer the sale of opulent residences in gated communities with exclusive or communal features.
The North America market dominated the Global Home Decontamination Services Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,081 Million by 2028. The Europe market is exhibiting a CAGR of 3.8% during (2022 - 2028). Additionally, The Asia Pacific market would showcase a CAGR of 4.9% during (2022 - 2028).
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of EnviroServe (Savage Companies), JP McHale Pest Management, LLC (Anticimex), NYC Steam Cleaning, Inc., Bio Decontamination Group Ltd., Rentokil Initial plc, Shiny Carpet Cleaning, The Ecosense Company, Stratus Building Solutions, Terminix Global Holdings, Inc., and Aseptic Health, LLC.
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