Chlorhexidine Gluconate (CHG) Wipes Market Research Report Insight and Industry Analysis by Product Type (CHG Bath Wipes), by Concentration, Application, Distribution Channel, and Region (Americas, Europe, Asia-Pacific, and the Middle East & Africa) — Global Forecast till 2023
Chlorhexidine Gluconate (CHG) Wipes Market Overview:
The global chlorhexidine gluconate (CHG) wipes market has the backup to record a CAGR of 4.40% during the forecast period of 2018 to 2023 to reach USD 13948.89 thousand. These CHG wipes are antiseptic wipes with high amount of Chlorhexidine Gluconate (CHG) mixed in it. The process is to ensure better removal of bacteria and prevention of various infection. Market Research Future (MRFR) has focused well on the market and declared that this growth can be attributed to several factors of which hike in healthcare investment is expected to make better market growth.
Various clinics and hospitals are launching substantial demand for the Chlorhexidine Gluconate (CHG) Wipes market due to the global implementation of stringent laws to protect patients from various infections.
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Chlorhexidine Gluconate (CHG) Wipes Market Competitive Landscape:
Several companies are making substantial changes in the global Chlorhexidine Gluconate (CHG) Wipes Market. These companies try to initiate various moves that can influence personal growth and ensure cementing of their market presence. At the same time, these would also take the market forward by substantial margin. These companies are
- various 3M (US)
- Dickinson and Company (US)
- GAMA Healthcare Ltd (UK)
- Cardinal Health (US)
- PDI Limited (US)
- Carenow Medical Pvt. Ltd. (India)
- Pal International (UK)
- Lernapharm Inc. (Canada)
MRFR’s attempt to record their moves is to ensure better market understanding that would highlight trends suitable for the coming years.
Chlorhexidine Gluconate (CHG) Wipes Market Segmentation:
The global CHG wipes market, upon a consideration of various segments, reveals product type, CHG concentration, application, and distribution channel. These segments portray factors with greater details and open up possibilities of the market understanding.
By product type, the market for Chlorhexidine Gluconate (CHG) Wipes can be segmented into CHG bath wipes and CHG/alcohol-based wipes.
By CHG concentration, the market for for Chlorhexidine Gluconate (CHG) Wipes includes into 2% and 0.5%.
By application, the global CHG wipes market includes catheter-associated urinary tract infections, central line-associated bloodstream infection, surgical site infection, and lens cleaners.
By distribution channel, the for Chlorhexidine Gluconate (CHG) Wipes market encompasses hospitals & retail pharmacies and online platforms. The hospital and retail pharmacies segment had a valuation of USD 6,407.63 thousand in 2017.
Chlorhexidine Gluconate (CHG) Wipes Market Regional Analysis:
The global Chlorhexidine Gluconate (CHG) Wipes market, based on a detailed segmentation by MRFR, includes regions like the Americas, Europe, and APAC (Asia-Pacific) where the growth possibility for the market is quite substantial. In the Middle East and Africa region this growth would be a bit slackening due to the presence of several poor economies.
The Americas can expect substantial growth for the global CHG Wipes market as the healthcare sector in the region is quite extensive and invites high investment. The market gets ample backups from the increase in number of patients who undergo surgical procedure. Disposable income of patients can also inspire better market possibilities. The increasing inclusion of well-developed technology can substantially push the regional market forward. The market has North America and South America of which the North part is performing well.
Europe market is following the lead of the APAC region and their high healthcare expenditure is boosting the research and development sector. At the same time, this growth can be backed by the presence of several market players who are devising diverse strategies to gain lead from the market.
The APAC market can benefit from the changing healthcare sectors in various countries. The high number of patient population in the region can ensure hike in the number of patient population. This region is also the fastest-growing region. Countries like Australia, India, China, Japan, and others are expected to experience substantial growth in the market.
Chlorhexidine Gluconate (CHG) Wipes Industry News/Updates
In February 2019, Medline announced a new procedure using which various hospitals and surgical centers can prepare their patients for operations. This pre-operative measure includes patient skin where standardized procedures ensure reduction of surgical site infections (SSIs). The company launched a new FDA-approved ReadyPrepTM CHG cloth. These clothes are pre-saturated and it contains 2 % chlorhexidine gluconate. This is an antiseptic that has the ability to remove infection-causing bacteria.
Some of the key strategies followed by players operating in the global chlorhexidine gluconate (CHG) wipes market were innovation, product development, acquisition, and expansion.
In October 2018, 3M announced the launch of SoluPrep Film-Forming Sterile Surgical Solution, a 2% chlorhexidine gluconate and 70% isopropyl alcohol surgical skin prep that are used to help clinicians in the fight against surgical site infections.
In July 2017, Cardinal Health acquired Medtronic’s patient care, deep vein thrombosis, and nutritional insufficiency business (patient recovery business).
In May 2017, GAMA Healthcare Ltd acquired the Clinell division of its Australian distributor, AMCLA Pty Ltd, in Victoria. This investment demonstrates GAMA’s continued commitment to infection prevention providing outstanding education, training, and clinical support to healthcare professionals across the world.
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