Global Bio Decontamination Market is estimated to value over USD 177 million by 2026 end and register a CAGR of over 6% during the forecast period 2019 to 2026.
Bio-decontamination is largely defined as the process of neutralization as well as the removal of infectious microorganisms, chemical agents and radioactive materials. This can be attained by biology or chemicals based methods as well as by physical means. In the case of decontaminating by way of physical means, there is an adoption of techniques such as high pressure methods, thermal and others. Decontamination by chemicals allows the usage of surfactants for the neutralization of oxidizing agents, chemical waste and more. Decontamination on the basis of biology will include the use of enzymatic systems, artificial bacteria and others
Bio-decontamination equipment is best described as the equipment such as an isolated chamber or box wherein, the decontamination procedure is carried out. Bio decontamination equipment market has been growing rapidly, in part, because of the acute awareness and government officiated measures. In the region of North America, prominent players have captured significant bio decontamination market share and are expected to attain consistent growth throughout the forecast timeline.
The primary reasons for the expansion for global bio decontamination market are the government operations, the spread of contaminated illnesses, technological advancements and the developing awareness for diverse types of bio-decontamination procedures. On the other hand, stringent government regulations and sanctions in certain nations, the exorbitant expenditure on equipment and the economic downturn are some of the factors which many prove detrimental to the growth of the bio-decontamination market.
Developing nations hold immense scope for growth of bio decontamination market. Innovations in bio decontamination equipment with improved contamination standards is projected to yield good opportunities for the players who are involved with the bio-decontamination equipment on a global scale. However, the lengthy process needed to finish the decontamination process and the massive size of the hardware are some of the many adverse conditions encountered by the players of the bio decontamination market. To add this, a surge in infections contracted in hospitals and the rise in the geriatric population are more susceptible to ailments which will render negative changes to the bio decontamination market growth.
Prominent players who have been thriving in the bio decontamination market includes that of Ecolab Inc. They have taken over the company Bioquell Plc. Bioquell is one of the foremost companies that deals with hydrogen peroxide vapor within the bio decontamination systems and services for life sciences and healthcare sectors. What drove such a takeover was to cultivate the current standing and portfolio of Ecolab Inc. and to upgrade its overall efficiency. It is important to note that such takeover also helped in spreading branches to countries all over the world.
Another key player i.e. Amria SRL, introduced a new solution for bio decontamination. The solution is known as COMBO. It catered to bio decontamination of various room. This was one such system that was innovative and was tailor-made with an objective to allow for the best possible results particularly for the efficiency of production and to be consistent with the specific requirements of the customers.
Major players who dominate the bio decontamination market includes Howorth Air Technology Limited, Cherwell Laboratories, TOMI Environmental Solutions, Bioquell, JCE Biotechnology, STERIS PLC, Fedegari Autoclavi S.p.A., Inc., Noxilizer, ClorDiSys Solutions, Inc., and Solidfog Technologies SPRL. Key players in the bio decontamination market undertake certain strategies such as mergers, acquisitions and the introduction of certain products in an effort to thrive in the market. For example, the company Solidfog Technologies introduced two new bio decontamination products to complement the current bio decontamination solutions of Solidfog Technologies.
Global Bio Decontamination Market Segmentation:
By Product & Service
- Equipment
- Services
- Consumables
By Agent Type
- Hydrogen Peroxide
- Chlorine Dioxide
- Peracetic Acid
- Nitrogen Dioxide
By Type
- Chamber Decontamination
- Room Decontamination
By End User
- Pharmaceutical & Medical Device Manufacturing Companies
- Life Sciences & Biotechnology Research Organizations
- Hospitals & Healthcare Facilities
By Region
- North America
- Europe
- Asia Pacific
- Rest of the World
FutureWise Key Takeaways:
- Growth prospects
- SWOT analysis
- Key trends
- Key data-points affecting market growth
Objectives of the Study:
- To provide with an exhaustive analysis on the bio decontamination market by product & service, by agent type, by type, by end user and by region
- To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
- To evaluate and forecast micro-markets and the overall market
- To predict the market size, in key regions (along with countries)— North America, Europe, Asia Pacific and rest of the world
- To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions
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