Overview:
Antiseptic products can be beneficial during surgical procedures, as these are applied on the skin and they help in killing harmful microorganisms. Antiseptics also help in reducing the risk of infections on the operated area. These are chemical agents which helps in restricting the growth of microorganisms on external surfaces. These substances also help in preventing the risk of infection in hospitals and also stops the transmission of infectious diseases in hospitals, homes or commercial spaces. Hydrogen peroxide solution is normally used for cleaning wounds and the stronger concentration of the solution is used as an oxidizing and bleach agent.
Global antiseptic market was valued at US$ 4,448.9 Mn in 2019 and is estimated to witness a CAGR of 5.1% during the forecast period.
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Drivers:
Increasing surgical procedures is estimated to boot growth of the global antiseptic market over the forecast period. For instance, the Healthcare Cost and Utilization Project reported that out of 17.2 million hospital visits almost 9.9 million visits resulted in ambulatory surgery and over 7.2 million of them were inpatient surgeries in 2014 in the U.S.
Moreover, rising incidences of road accidents is anticipated to propel growth of the global antiseptic market over the forecast period. For instance, in 2019, the Centers for Disease Control and Prevention presented the Car Accident Statistics stating that almost 6 million car accidents took place in the U.S every year. They also mentioned that in car accidents almost 3 million individuals get seriously injured and 2 million drivers experience severe injuries every year in the United States of America. Furthermore, the Ministry of Road Transport and Highways and the Government of India, reported that 470,000 injuries and almost 147,000 deaths in 2017 occurred due to road accidents.
Key players in the market like Becton Dickinson and Company are focusing on gaining regulatory approvals for the launch of latest products. For instance, Becton, Dickinson and Company gained approval from the U.S. FDA, for BD ChloraPrep in April 2019. This is the only completely sterile chlorhexidine gluconate sterile solution which is available for sale in the United State of America.
Key Takeaways:
- The global antiseptic market is estimated to exhibit CAGR of 5.1% during the forecast period, due to increasing surgical procedure and rising accidental injuries.
- The pre-surgical and injectable care segment, among application type in the global antiseptic market is estimated to witness robust during the forecast period, due to rising incidences of surgical site infections in the United State of America. For instance, the Centers for Disease Control and Prevention reported that in 2018, there have been almost 157,500 incidences of surgical site infections in the United State of America.
Key players:
- Key players active in the global antiseptic market are Kimberly-Clark Corporation, STERIS Plc., Becton Dickinson and Company, Johnson & Johnson, Colgate-Palmolive Company, 3M, Kimberly-Clark Corporation, Reckitt Benckiser Group Plc., Metrex Research, LLC and Colgate-Palmolive Company.
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Table of Content
Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Antiseptic Market Size Analysis from 2022 to 2028
11.6 COVID-19 Outbreak: Antiseptic Industry Impact
Chapter 2 Global Antiseptic Competition by Types, Applications, and Top Regions and Countries
2.1 Global Antiseptic (Volume and Value) by Type
2.3 Global Antiseptic (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Antiseptic Sales, Consumption, Export, Import by Regions (2017-2022)
Chapter 5 North America Antiseptic Market Analysis
Chapter 6 East Asia Antiseptic Market Analysis
Chapter 7 Europe Antiseptic Market Analysis
Chapter 8 South Asia Antiseptic Market Analysis
Chapter 9 Southeast Asia Antiseptic Market Analysis
Chapter 10 Middle East Antiseptic Market Analysis
Chapter 11 Africa Antiseptic Market Analysis
Chapter 12 Oceania Antiseptic Market Analysis
Chapter 13 South America Antiseptic Market Analysis
Chapter 14 Company Profiles and Key Figures in Antiseptic Business
Chapter 15 Global Antiseptic Market Forecast (2022-2028)
Chapter 16 Conclusions
Research Methodology
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