Published Date: 31-Mar-2022
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According to a new report, published by KBV research, The Global Medical Disinfectant Wipes Market size is expected to reach $5.6 billion by 2027, rising at a market growth of 6.9% CAGR during the forecast period.
The B2B segment acquired maximum revenue share in the Global Medical Disinfectant Wipes Market by Distribution Channel 2020, thereby, achieving a market value of $4.1 billion by 2027. COVID-19's outbreak has resulted in a large surge in product sales through this channel. The demand for products outstripped supply, prompting product producers to ramp up production and distribution in order to offer large amounts of these products to medical companies, hospitals, medical institutes, dialysis centers, and healthcare facilities.
The Germicidal Disposable Wipes market is showcasing a CAGR of 7.3% during (2021 - 2027). Germicidal Disposable Wipes segment garnered a substantial revenue share in the medical disinfectant wipes market in 2020. This kind of wipes are the premoistened nonwoven durable wipe that contain a quaternary ammonium chloride/alcohol-based solution, which are used to clean surfaces with high chances of having germs or other microbes.
The Dental Clinic segment has high growth rate of 7.8% during (2021 – 2027). The dental clinic segment witnessed a significant revenue share in the medical disinfectant wipes market in 2020. Numerous dental clinics employ a range of disinfectant wipe brands, each of which has its own chemical disinfectant recipe for removing germs and bacteria.
The North America is the fastest growing region in the Global Medical Disinfectant Wipes Market by Region 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $1.9 billion by 2027. The Asia Pacific market poised to grow at a CAGR of 7.7% during (2021 - 2027). Additionally, The Europe market would witness a CAGR of 6.2% during (2021 - 2027).
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 Steris PLC, 3M Company, The Clorox Company, Metrex Research, LLC, Maxill, Inc., Sunshine Global LLC, Kimberly-Clark Corporation, PDI Healthcare, Inc., Reckitt Benckiser Group PLC, and Weiman Products, LLC.
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