Global bio-decontamination market is growing at a modest CAGR during the forecast period owing to the increasing number of surgeries across the globe. The rising number of surgeries for accidental injuries raises the demand for the decontamination products used during various surgeries. The possible risk to the surgeon from probably contaminated wounds ascends from the agent on foreign bodies in the wound and from thickened agents. There are several surgeries that utilize decontamination products such as elective surgery, emergency surgery, exploratory surgery, cosmetic surgery, and others. The hip replacement surgeries increase the possibilities of wound infections such as pressure ulcers that raise the demand for decontamination processes such as physical cleaning, disinfection, and others.
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Growing outsourcing of decontamination services
The pharmaceutical and medical device companies are increasingly outsourcing the decontamination services for pharmaceutical manufacturing that are contributing to the growth of the bio-decontamination market. Additionally, various companies such as STERIS Corp. and ClorDiSys Solutions, Inc., offers decontamination services to various pharmaceutical companies and hospitals. For instance, STERIS Corp. offers various services such as facility and equipment decontamination service for biological safety cabinets, isolators, incubators, and others. Moreover, ClorDiSys Solutions, Inc. offers services for various applications such as laboratories, pharmaceutical manufacturing areas, processing equipment, and others that further provides significant growth in outsourcing these services, thus propelling the market growth.
The growing pharmaceutical industry across the globe is one of the major factors that holds huge potential in driving the growth of the bio-decontamination market. The biopharmaceutical companies are developing novel drugs, such as monoclonal antibodies, recombinant proteins, vaccines, and many other biologics. There is an increasing trend of drug discovery and development that encourages the demand for contamination services for the manufacturing process to fulfil the guidelines by government organizations such as the FDA. Additionally, the FDA provides some guidelines for the outsourcing of decontamination services in pharmaceutical manufacturing. According to the FDA guidelines, the operations performed within separate or defined areas or in other control systems are necessary to prevent contamination or mix-ups in the manufacturing process. Therefore, these guidelines drive the adoption of decontamination services in pharmaceutical companies.
Substantial opportunities in emerging economies
Global bio-decontamination market is projected to have considerable opportunities in emerging economies, such as China and India, owing to the growing pharmaceutical industry and number of hospitals utilizing bio-decontamination services. The growing potential in these emerging markets is attracting market players to provide services and products for pharmaceutical companies and hospitals. Hospitals are one of the major end-users for bio-decontamination products and services, as there are a large number of surgeries performed in hospitals. Bio decontamination products are widely used for the prevention of infections for performing surgical procedures in hospitals. Therefore, increasing demand for bio-decontamination products and services in hospitals is further fuels the market growth in emerging economies.
Global Bio Decontamination Market- Segmentation
By Product Type
- Equipment
- Consumables and Services
By Agent Type
- Nitrogen Dioxide
- Hydrogen Peroxide
- Peracetic Acid
- Chlorine Dioxide
By End-User
- Hospitals
- Pharmaceutical and medical device companies
- Research Institutes
