The global healthcare disinfectants and sanitizers market has turned highly dynamic with the breakout of the COVID-19 pandemic across the globe. With the increasing focus on COVID-19 testing, there has been a high demand for disinfectants and sanitizers from laboratories and hospitals worldwide. The market landscape of hygiene solutions has drastically changed since the outbreak of the pandemic. In 2020, the average market demand worldwide has witnessed a phenomenal growth of over 500%. Therefore, the phenomenal demand for disinfectants and sanitizers and preventive recommendations by medical bodies, such as the World Health Organization (WHO), is expected to fuel the market growth during the forecast period. However, the YOY analysis suggests that the spike is not likely to last long, provided the coronavirus outbreak is controlled in the coming months. Therefore, the growing awareness of hand hygiene and the growing demand from government and healthcare organizations to maintain effective hygiene & safety are expected to influence market growth.
- The healthcare disinfectant market size is expected to observe an incremental growth of $6.5 billion by 2026 on account of the increase in hand hygiene awareness.
- The alcohol-based segment is likely to grow at the highest CAGR of over 12% during 2020–2026 as ethanol, and IPA alcohols are highly effective for killing microbes, viruses, and bacteria.
- The liquid-based segment is projected to reach a revenue figure of close to $8 billion by 2026 as most commercial medical-grade disinfectants are in the liquid form.
- The U.S. disinfectant market is expected to reach over $5 billion by 2026 due to the prevalence of HAIs and the rise in acute and chronic diseases.
GLOBAL HEALTHCARE DISINFECTANT AND SANITIZERS MARKET SEGMENTATION
This research report includes a detailed segmentation by
INSIGHTS BY PRODUCT
Closely related to sanitizers and hand rubs, disinfectants are primarily used to kill microorganisms from hands while performing surgeries. As the knowledge of hygiene and safety measures is expected to increase in the coming years on account of the breakout of COVID, the worldwide disinfectant demand is likely to expand considerably. The number of antiseptic decontaminating healthcare environments and reusable, non-invasive care equipment (NICE) has increased notably in recent years, influencing the market growth.
In 2020, the healthcare sanitizers market accounted for a share of over 32% of the market. The segment is growing at a significant rate due to the increased awareness of maintaining hand hygiene to reduce the spread of infectious diseases among humans. Compliance with hospital hand hygiene recommendations is an important factor in decreasing the risk of several infections in healthcare settings, including gastroenteric, UTIs, respiratory infections, and other HAIs. Strict hand hygiene is considered crucial for HCPs as unclean hands could aid in the transmission of diseases. Hence, the high awareness of hand hygiene and the increased commercialization of sanitizers are expected to drive the segment demand.
INSIGHTS BY FORM
In 2020, the liquid segment accounted for the global healthcare disinfectants and sanitizers industry's maximum market share as the majority of commercial medical-grade disinfectants are in the liquid form. Also, decontamination and fumigation in healthcare settings are usually accomplished by the use of liquid disinfectants. Currently, disinfectants, which contain peracetic acid and hydrogen peroxide, have proven as an effective option among healthcare settings, thereby gaining widespread application.
Gel-based hand sanitizers are the most demanded products in healthcare settings as they get evenly spread on the hands. Vendors currently focus on gel-based hand sanitizers due to their high growth potential, particularly after the recent COVID-19 pandemic outbreak. With increasing recommendations for gel-based hand sanitizers by global health agencies such as the WHO, the sale of disinfectants and sanitizers is witnessing a boost.
INSIGHTS BY COMPOSITION
The alcohol-based segment accounted for over 89% of the global healthcare disinfectant and sanitizers market share in 2020, and it is likely to retain its market dominance during the forecast period. As alcohol-based sanitizers are proven highly effective in destroying a range of pathogens without the need for water, plumbing, and drying facilities, the demand is significantly high. Thus, alcohol-based sanitizers are considered highly effective for repeated use in healthcare settings.
Quaternary ammonium compounds, referred to as “quats,” accounted for over 5% of the market share in 2020. They are the active ingredients used in detergents and chemical products to kill harmful pathogens such as fungi, amoebas, mold, several types of microbes, and strains of viruses in the healthcare sector. The growing patient pool, coupled with a wide acceptance and availability of quat-based products, is likely to drive the segment's market growth. Chlorine-based disinfectants offer high efficiency against bacteria, fungi, and viruses and act fast. These compounds are the most widely used liquid antiseptic for surface decontamination. These surface disinfectants can be combined with foaming agents that cling to equipment, walls, and ceilings to prolong contact for care delivery room and medical equipment disinfection.
INSIGHTS BY END-USERS
The COVID-19 pandemic has a positive effect on the healthcare disinfectants and sanitizers market share. Due to the coronavirus's high survival chances in the medical care environment, hospital premises, which include ICUs, operation theaters, and medical devices, need to be disinfected to prevent contamination. The COVID-19 pandemic outbreak has increased hospital admissions significantly, which has driven the high usage of disinfectants and sanitizers. Moreover, the rise in the aging population and the increasing pool of patient populations with chronic disorders are the major factors driving the hospital segment's growth.
In 2020, the diagnostic laboratories end-user segment accounted for over 24% share of the global market. The segment is growing at a healthy rate due to the widespread usage of hospital disinfectant and sanitizers solutions in laboratory settings. Moreover, in the recent pandemic of COVID-19, diagnostic laboratories are on the front lines, providing specimen collection, coordinating supplies, and offering testing results. With the WHO providing necessary guideline recommendations to perform laboratory tests, the segment is likely to witness growth.
INSIGHTS BY GEOGRAPHY
The European healthcare disinfectant and sanitizer market are expected to reach close to $6 billion by the end of the forecast period. Healthcare systems are highly regulated, and the region follows considerable guidelines to maintain safety and standards for disinfecting & sanitizing products. Hand disinfectants, including gels, soaps, and wipes, are considered biocides in Europe. Favorable initiatives by both private and government bodies are fueling market growth. With the outbreak of the COVID-19 pandemic, the European Commission is working with industry participants and member countries to maximize antiseptics and sanitizers' availability.
Another major contributing factor to the market's growth is the incidence of hospital-acquired infections (HAI). According to the European Centre for Disease Control and Prevention, approximately 9 million cases of HAIs occur across Europe per year. Therefore, the high prevalence of HAIs and the availability of technologically advanced healthcare disinfectants & sanitizers are driving the demand for the healthcare disinfectants & sanitizers market.
INSIGHTS BY VENDORS
The global healthcare disinfectant and sanitizers market is highly competitive with the presence of several global, regional, and local players offering a wide range of conventional and latest-generation products. The 3M company, Kimberly-Clark, Reckitt Benckiser Group plc, Ecolab, The Clorox Company, STERIS, and GOJO Industries are the key vendors in the market. These vendors have effective product compositions, innovative marketing strategies, and advanced product technology, with significant market reach. Vendors, especially global players, are increasingly focusing on pursuing organic growth strategies, which are likely to expand presence, enhance product portfolio, and improve market expertise.
The healthcare disinfectant and sanitizers market research report includes in-depth coverage of the industry analysis with revenue and forecast insights for the following segments:
- Diagnostic Laboratories
- Ambulatory Care Settings
- North America
- South Korea
- Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa