The global Bio Decontamination market is projected to reach USD 339 million by 2028 from USD 238 million in 2023, at a CAGR of 7.3% during the forecast period. The growth of this market is majorly driven by Increased outsourcing of bio decontamination services and Rising growth in pharmaceutical & biotechnology industries. However, the Rising adoption of single-use medical devices may restrain the growth of this market.
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Based on Product & Service, the Bio Decontamination Market is segmented into Consumables, Equipment, & Services. The Services segment is projected to grow at the highest CAGR during the forecast period. The major factors contributing to the growth of this market are: The services segment is growing mainly due to its low cost (as compared to the costs incurred while setting up in-house decontamination facilities, buying equipment, allotting storage space, and in repair & maintenance).
Based on the Agent type, the Bio Decontamination Market is segmented into Hydrogen Peroxide, Chlorine Dioxide, Peracetic Acid, Nitrogen Dioxide, The Hydrogen Peroxide segment is expected to dominate the market during the forecast period due Vaporized hydrogen peroxide is one of the commonly used bio decontamination agents moreover it has wide application areas, including pharmaceutical & medical device manufacturing, biosciences & biotechnology research labs, hospitals & healthcare facilities, and veterinary applications. Several regulations also support the use of hydrogen peroxide, such as the US EPA.
Based on the Type, the Bio Decontamination Market is segmented into Chamber Decontamination, Room Decontamination. The Chamber Decontamination segment is expected to dominate the market during the forecast period because the power consumption of bio decontamination chambers is less than room decontamination. It is also less costly, which has stimulated the adoption of chamber bio decontamination.
Based on the end user, the Bio Decontamination Market is segmented into Pharmaceutical & Medical Device Manufacturing Companies, Life Sciences & Biotechnology Research Organizations, Hospitals & Healthcare Facilities. The Pharmaceutical & Medical Device Manufacturing Companies is expected to dominate the market during the forecast period due to Bio decontamination is an integral part of the pharmaceutical manufacturing process. Pharmaceutical manufacturing companies are facing increased pressure to ensure the integrity of their products and maintain manufacturing facilities that are free from contamination of any kind. Failure to maintain good manufacturing practices (GMP) has resulted in severe consequences. Similarly, medical device manufacturing companies also must follow strict guidelines to prevent and control medical devices from being contaminated at their facilities.
Based on the region, the Bio Decontamination Market is segmented into North America, Europe, Asia Pacific, and the Rest of the World (RoW). In 2022, North America accounted for the largest share of the Bio Decontamination Market. Growth in the North American market is mainly driven by the growing demand for bio decontamination technologies from the healthcare industry to minimize the occurrence of hospital-acquired infections (HAIs) and the increasing presence of major manufacturers in the region.
The significant players in the Bio Decontamination market are Steris PLC (US), Ecolab (US), TOMI Environmental Solutions, Inc (US), JCE Biotechnology (France), Fedegari Autoclavi SpA (Italy), Zhejiang TAILIN Bioengineering Co., LTD (China), Howorth Air Technology Ltd. (UK), Solidfog Technologies (Belgium), ClorDiSys (US), Amira (Italy)
Recent Developments
In July 22, Ecolab’s (US) Bioquell HPV-AQ received an authorized approval for use in all territories of the European Union and the European Economic Area.
In Dec 2022, the TOMI Environmental Solutions, Inc (US) launched new SteraMist products, which include the Select Plus-a hybrid product consisting of the Company’s current Surface Select and Environment systems. (The system is 24 volts, allowing for universal outlet usage and convert more of the hydrogen peroxide BIT Solution to hydroxyl radicals thus lowering H2O2 PPM levels allowing for faster turnaround time).
The global bio decontamination market is witnessing a steady rise, with its revenue projected to reach $339 million by 2028, growing at a Compound Annual Growth Rate (CAGR) of 7.3% from 2023 to 2028. This growth is primarily driven by the increasing outsourcing of bio decontamination services and the expanding healthcare sector, particularly in emerging economies.
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Key Drivers and Opportunities:
- Rising Growth in Pharmaceutical and Biotechnology Industries: The increasing research and development expenditure by pharmaceutical companies, coupled with the need for state-of-the-art facilities and a properly decontaminated environment, is fueling the demand for bio decontamination products and services.
- Growing Healthcare Sector and Outsourcing in Emerging Economies: Countries like China and India are becoming major manufacturing hubs for the healthcare industry, leading to a greater focus on quality parameters and the adoption of advanced decontamination technologies. Additionally, outsourcing bio decontamination services allows healthcare facilities to benefit from economies of scale and potential cost savings.
Major Challenge:
Variability of Pathogen Resistance: Different pathogens exhibit varying levels of resistance, persistence, and susceptibility to decontamination methods. Factors such as pathogen types, resistance mechanisms, environmental conditions, and surface contamination contribute to the variability of the pathogen challenge, making it crucial for bio decontamination solutions to adapt and evolve continuously.
Regional Insights:
– North America: The United States held the largest share of the North American bio decontamination market in 2022, driven by stringent regulatory standards, rising healthcare expenditure, and the presence of key market players.
– Asia Pacific: China registered the highest growth rate in the Asia Pacific region in 2022, owing to the expansion of the pharmaceutical, biotechnology, and medical technology industries, as well as the transformation of healthcare infrastructure.
– Europe: Germany is expected to witness the highest growth rate during the forecast period, fueled by an aging population, increasing incidence of infectious diseases, and the country’s leading position in manufacturing high-quality medical equipment.
Key Players:
The bio decontamination market is dominated by major players such as Steris (US), Ecolab (US), and TOMI Environmental Solutions, Inc (US). These companies are continuously innovating and expanding their product portfolios to meet the evolving market demands.
STERIS PLC (US)
STERIS is the leading player in the bio decontamination market. The company offers a broad portfolio of bio decontamination equipment. The leading position of the company can be attributed to its strong brand recognition and wide geographical presence. Furthermore, STERIS is one of the few providers of bio decontamination services, further expanding its offerings in this market. The company also focuses on R&D activities to maintain its leading position in the bio decontamination market. For instance, in 2021, the company launched the HP 100i and 1000i, which are designed to integrate into a facility’s building automation and HVAC systems.
ECOLAB (US)
Ecolab is one of the leading players in the bio decontamination equipment and services market. The company holds a significant position in this market due to its strong brand image, robust product portfolio, and wide geographic presence. Furthermore, in 2022, Ecolab has transformed its System Assurance Centre, a single remote monitoring location, into the Ecolab Global Intelligence Centre (EGIC), an international network of remote intelligence facilities that specialize in analyzing data from a variety of connected chemistries and technologies which provides insights to help boost efficiency, profitability, and sustainability.
As the bio decontamination market continues to grow, stakeholders must address the challenges posed by pathogen resistance while capitalizing on the opportunities presented by the expanding healthcare sector and the increasing adoption of advanced decontamination technologies.