, March 24, 2018 ) The North America Antiseptics and Disinfectants market
is anticipated to grow at 6.25% CAGR from 2016 to 2021 and it is estimated that the North America market was valued at USD 1.41 billion in 2016 and is expected to reach USD 1.90 billion by 2021.
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Antiseptic is a chemical substance used to kill the pathogens and harmful microorganism in or on the surface tissue of human body. They mainly act by dissolving cell membranes, protein denaturation and cause dehydration of the cells due to evaporation. For instance, Chloroxylenol is a chlorinated phenolic antiseptic mostly active against gram-positive bacteria and is used in lubricating cream for vaginal examination. On the other hand, disinfectants are chemicals that are used to kill the pathogenic microorganism in or on the surface of objects. Disinfectants main course of action includes disruption of cell membranes and denaturation of proteins and enzymes of the cell. These chemical agents are very effective against vegetative gram-positive and gram-negative bacteria, mycobacteria, and viruses. For instance, Lysol a phenol compound is used as a general disinfectant for domestic or hospital use like disinfection of floors, bathrooms, washbasins, organic waste such as sputum, feces, urine, etc.
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The North America antiseptics and disinfectants market was expected to witness high growth over the forecast period due to increasing percentage of hospitals and advanced healthcare facilities across the globe. In addition, the rising trend of the health club and fitness center is also expected to drive the antiseptics and disinfectants market. Moreover, the keen interest of young generation towards precaution over the flu, bacterial and viral infections will probably increase the demand for antiseptics and disinfectants. However, strict regulation and saturated market of developed economies are projected to hinder the market growth.
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The North America Antiseptics and Disinfectants market is segmented on the basis of Type and End User. On the basis of Type, it is segmented into Alcohol and Aldehyde, Phenols and Derivatives, Biguanides and Amides, Quaternary Ammonium Compounds, Iodine Compounds and Others. Alcohols and aldehydes accounted for the largest share of the market. Alcohols and aldehydes have the largest share of the market. In addition, together biguanides, amides, and quaternary ammonium compounds have the second largest market share. Growing keen interest towards health care is another important driving factor that is expected to propel the antiseptic and disinfectant market. On the basis of End User, it is segmented into Domestic User and Institutional User. The antiseptic and disinfectant market has been dominated by institutional end-user segment. This growth is mainly attributed due to the presence of a large number of hospitals coupled with an increase in the number of medical professionals across the globe. Hospitals and healthcare segment is expected to register the highest growth in the coming years due to the outbreak of infectious diseases such as swine flu and avian flu which has triggered the use of antiseptics and disinfectants products market in developing countries. Domestic use of antiseptics and disinfectant is also anticipated to experience lucrative growth due to increasing public awareness regarding the potential dangers of microbial infection infections.
On the basis of geography, the market is analyzed under various regions namely U.S. and Canada. North America is expected to witness moderate growth within the forecast period owing to the saturation of red meat market in U.S and Canada on antiseptic and disinfectant. This is expected to have an adverse impact on the antiseptic and disinfectant market over the years. However, the demand for antiseptic and disinfectant has been increasing in the past few years owing to the rising awareness of nutritional benefits of antiseptic and disinfectant. Major companies in the U.S. are expanding their vegetable production capacities to keep up with the growing demand for foreign imports in the US market. This is expected to fuel the market growth of antiseptic and disinfectant market. In addition, high literacy rate coupled with the increasing number of healthcare center and business center are likely to contribute to the growth of antiseptic and disinfectant market.
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The market is dominated by companies like 3M Company, Abc Compounding, Advanced Sterilization Products, American Biotech Labs, Angelini Pharma Inc., Becton, Dickinson And Company, Bio-Cide International Inc., Cardinal Health and Carefusion Corp.
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