Bio Decontamination Market is Expected To Reach USD 206.8 Million By 2027 at a CAGR of 6.2%

According to the current analysis of Reports and Data, the global Bio Decontamination market was valued at USD 127.3 million in 2019 and is expected to reach USD 206.8 million by the year 2027, at a CAGR of 6.2%. Bio decontamination facilitates aces of symptomatic and therapeutic medicines to the patients exposed to biological microorganisms.

The bio decontamination is mainly useful in hospitals and laboratories for extreme sterility that will reduce infections. The increasing cases of hospital-acquired infections are expected to fuel market growth in the future. The increasing number of medical and biotechnological corporations will additionally drive the market positively. As the Cleanrooms, isolators, laboratory areas, and biosafety workspaces (microbiological safety cabinets) involve a level of cleanliness and microbial control (achieved through disinfection) corresponding to the expected use of the area. Furthermore, developing economies such as India and China provides the untapped potential to the market.

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The equipment segment held the largest market share owing to the launch of various innovative instruments in the market. Moreover, the portability of these instruments and reduced need for labor could also fuel the market growth. The awareness about newly discovered viruses and the need to decontaminate them is increasing among people and will contribute to dive the bio decontamination industry. The use of bio decontamination is one of the most cost-effective ways of viral decontamination and hence is extremely preferred over additional methods. Moreover, the advancement of new portable bio contamination mechanisms would further support the bio decontamination market’s growth. However, organizations of different countries have laid down rigid regulations affecting to the prevention of viral contamination. Therefore, it is expected to hamper the market growth during the forecast period. Additionally, the extensive development of bio decontamination equipment may limit the market growth.

Further key findings from the report suggest

  • In amidst of COVID, the FDA granted an emergency use authorization to STERIS Corporation for the STERIS V-PRO 1 Plus, maX and maX2 Low Temperature Sterilization Systems using the STERIS N95 Decontamination Cycle, which uses evaporated hydrogen peroxide.
  • Companies are showcasing their products at international platforms in the bio decontamination market, to enhance their sales. For instance, in February 2020, Bioquell, an Ecolab solution, showcased their bio decontamination systems in Florida which included various features and were technologically advanced.
  • Expansion is among key business strategy being adopted by existing industry players. For instance, in August 2019, Bioquell opened an art technology center at its headquarters in Pennsylvania, US. The new facility showcased a full range of high-performance bio decontamination systems and services.
  • Furthermore, advent to more advanced technologies supports the market development. In 2019, Telstar promoted it innovative technology including ionHP+ bio-decontamination system which has proven to decrease cycle times, reduce process costs and increase time available for process in isolation technology systems, water and pure steam generation and sterilization processes.
  • Investments in the field of bio-decontaminations is on surge, as market is reflecting promising growth. In line with this, in December 2019, Directa Plus which is a manufacturer of graphene nano-platelets based products, announced that they have been awarded a sum of 1 million USD to provide environmental decontamination services on the Trinity - 1X gas project in Block 30 offshore Romania.

The ongoing pandemic is significantly changing the dynamics of the pharma and healthcare sector. Various countries are facing challenges such as shortage of medicines, vaccines, healthcare devices in hospitals. This is expected to open lucrative growth opportunities for market players in the coming years.

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Competitive Landscape:

The global market comprises various market players operating at regional and global levels. These key players are adopting various strategies such as R&D investments, license agreements, partnerships, merger and acquisitions, collaborations, and joint ventures to gain robust footing in the market.

Top Companies Profiled in the Report:

Noxilizer, Inc., STERIS, Zhejiang Tailin Bioengineering Co., Ltd., Wenzhou Weike Biological Laboratory Equipment Co., Ltd., ClorDiSys Solutions Inc., Fedegari Autoclavi SpA, Howorth Air Technology Limited, TOMI Environmental Solutions, Inc., Ecolab, Inc., and JCE Biotechnology

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Bio Decontamination Market Segmentation:

Type of test Outlook (Revenue, USD Billion; 2017-2027)

  • Urine Test for HCG
  • Home Blood Test Kits for HCG
  • Others

By Product and Services Outlook (Revenue in Million USD; 2017–2027)

  • Services
    • Pre and post construction needs
    • Emergency response solution
    • Daily decontamination of targeted pathogens
    • outine decontamination of critical areas
    • Others
  • Equipment
    • Chamber Decontamination Equipment
    • Room Decontamination Equipment
  • Consumables
    • Biological Indicators
    • Chemical Indicators

By Type Outlook (Revenue in Million USD; 2017–2027)

  • Chamber Decontamination
  • Room Decontamination

Regional Outlook:

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
  • Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
  • Latin America (Brazil, Rest of LATAM)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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This study aims to define market sizes and forecast the values for different segments and countries in the coming eight years. The study aims to include qualitative and quantitative perspectives about the industry within the regions and countries covered in the report. The report also outlines the significant factors, such as driving factors and challenges, that will determine the market’s future growth.

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