Wednesday, 19 April 2023 08:00 AM
Company Update
NEWARK, DE / ACCESSWIRE / April 19, 2023 / The global disinfection equipment market was anticipated to be valued at US$ 8.5 billion in 2022. The disinfection equipment is expected to witness a massive spike from commercial to household owing to the increased spending on healthcare. The market is expected to reach US$ 9.5 million in 2023, recording a CAGR of 12.4% from 2023 to 2033. The market is likely to secure US$ 30.5 million in 2033. The Asia Pacific market is projected to expand significantly due to the rapid growth of the consumer product market.
The increasing demand for UV disinfection equipment in hospitals, and specialty centers owing to the increased rate of infections is driving the market growth. The growing innovations in technology are likely to boost the demand for the Disinfection equipment market
The increased consumer awareness regarding air pollution and increased rate of air-bone diseases is projected to drive the demand for UV disinfection, ultimately driving the market growth during the forecast period. The sales of disinfection equipment and cleaners have increased significantly during the pandemic and this trend is expected to continue throughout the assessment period.
Find a comprehensive report summary that describes the market size and forecast along with the research methodology. The Sample report is available in PDF format
Key Takeaways from the Market Study
- From 2018 to 2022, the market demand expanded at a CAGR of 8.5%
- By Equipment Type, UV disinfection to accumulate a market share of 45.5% in 2022
- By end user, the commercial segment dominates the market with a share of 42.3%
- North America to emerge as a promising market, capturing nearly 45% of the global market share in 2022
- Asia Pacific to be an opportunistic market, expected to capture 32% of revenue
"Growing demand in the end-use industry and technological innovation in disinfection equipment is expected to drive the market in the forecast period. Also, the growing application of UV disinfection equipment in healthcare is projected to play a vital role in strengthening the market," says an analyst at Future Market Insights.
Competitive Landscape
Prominent players in the disinfection equipment market are. Trojan Technology, Belimed AG, GetingeAB, Advanced Sterilization Products Services Inc, Xylem, Sotera Health, Shinva Medical Instruments, Steris Corporation, Matachana, 3M Healthcare, Heraeus, BD, Cardinal Health among others
Leading players operating in the global disinfection equipment market are focusing on intensive research and development for launching innovative products and services in the market. Brand consciousness and aggressive marketing by top players however make it challenging for new entrants in this market.
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Recent Developments:
In January 2022- Xylem announced a partnership with water consultancy Isle Utilities, to fund and scale breakthrough water technologies, called the "Trial Reservoir." It provides water technology innovator access to capital for pilot projects, with an initial focus on technology that reduces the carbon emission of the water system.
In March 2023- Getinge announced the acquisition of Ultra Clean Systems, a leading manufacturer of ultrasonic cleaning technology used in hospitals, and surgery centers to decontaminate surgical instruments.
Know More about What the Disinfection Equipment Market Report Covers
Future Market Insights offers an unbiased analysis of the global disinfection equipment market, providing historical data for 2018-2022 and forecast statistics from 2023-2033.
To understand opportunities in the disinfection equipment market, the market is segmented on the basis of equipment type (disinfection sprayers, electrostatic sprayers, and UV disinfection), end use (household, commercial, and industrial), and distribution channel (wholesalers/distributors, online retailers, independent small stores, and other sales channels) across five major regions (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa).
Key Segments Covered in the Disinfection Equipment Industry Analysis
By Equipment Type:
- Disinfection Sprayers
- Electrostatic Sprayers
- UV Disinfection
By End User:
- Commercial
- Household
- Industrial
By Distribution Channel:
- Wholesalers / Distributors
- Online Retailers
- Independent Small Stores
- Other sales channels
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Afric
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About Consumer Product at Future Market Insights
The consumer product team at Future Market Insights offers expert analysis, time-efficient research, and strategic recommendations with the objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 million+ data points, the team has been analyzing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis on key trends including competitive landscape, profit margin, and research development efforts.
Table of Content
1. Executive Summary | Disinfection Equipment Market
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
Complete TOC with Report preview: https://www.futuremarketinsights.com/reports/disinfection-equipment-market
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