Le Lézard
Classified in: Covid-19 virus
Subject: Photo/Multimedia

COVID-19 Impact and Recovery Analysis- Global Surface Disinfectants Market 2020-2024| Increasing Number of Health Issues Because of HAI to Boost Market Growth | Technavio

The global surface disinfectants market size is expected to grow by USD 387.99 million during 2020-2024. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. We expect the impact to be significant in the first quarter but gradually lessen in subsequent quarters ? with a limited impact on the full-year economic growth.

Request for Technavio's latest reports on directly and indirectly impacted markets

Market estimates include pre- and post-COVID-19 impact on the surface disinfectants market - Download free sample report

HAI, also known as nosocomial infection, is one of the key factors driving the global surface disinfectant market. These infections are transmitted in hospitals from infected patients, blood spills while collecting blood samples, or while cleaning feces (of patients) by professional cleaners. Fungal pathogens, viruses, and bacteria are the main causes of HAI transmission. Some of the common types of HAI include urinary tract infections, lung infections, wound infections, and surgical-site infections. Thus, hospitals and healthcare institutions emphasize cleanliness and disinfection to help prevent infections. The increasing focus on protecting patients from HAI has led to a rise in the demand for surface disinfectants.

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43368

The recent breakout of the coronavirus (COVID-19) in countries across the world, has increased the demand for surface disinfectants to clean and disinfect hard surfaces such as tables, doorknobs, light switches, and countertops, as well as to sanitize soft surfaces such as carpeted floor, rugs, and drapes. With the increase in health spending and the rising number of COVID-19 cases, the demand for surface disinfectants is expected to grow significantly during the forecast period.

As per Technavio, increasing investments in the healthcare industry will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other significant trends and market drivers that will influence market growth over 2020-2024.

Surface Disinfectants Market: Increasing Investments in the Healthcare Industry

Factors such as the increasing aging population across the world, economic growth in the developing economies, and advances in medical treatment are expected to drive investments in healthcare systems across the globe. This rise in healthcare investments will promote the setting up of hospitals, which in turn, will accelerate the consumption of surface disinfectants. The increasing expenditure on healthcare systems is hence, expected to fuel the demand for surface disinfectants.

"Factors such as the stringent regulations for ensuring disinfection in hospitals, and the prevalence of diseases such as cancer, diabetes, and heart ailments will have a significant impact on the growth of the surface disinfectants market value during the forecast period," says a senior analyst at Technavio.

Register for a free trial today and gain instant access to 17,000+ market research reports

Technavio's SUBSCRIPTION platform

Surface Disinfectants Market: Segmentation Analysis

This market research report segments the surface disinfectants market by type (liquids, sprays, and wipes), product (hypochlorite, quaternary ammonium compounds, hydrogen peroxide, chlorhexidine gluconate, and others), and geography (North America, APAC, Europe, South America, and MEA).

The North American region led the surface disinfectants market in 2019, followed by APAC, Europe, South America, and MEA respectively. During the forecast period, the North American region is expected to register the highest incremental growth due to factors such as the presence of a large number of hospitals and the increased awareness about self-hygiene among people.

Technavio's sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Request a free sample report

Some of the key topics covered in the report include:

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

These press releases may also interest you

at 06:35
Infinedi Partners, LP ("Infinedi"), a private equity firm focused on long-term partnerships with founder-owned businesses, announced today the completion of its second investment. Cultural Experiences Abroad, LLC ("CEA" or the "Company") is the...

at 06:35
Technavio has been monitoring the medical device manufacturing outsourcing market and it is poised to grow by USD 39.25 bn during 2020-2024, progressing at a CAGR of almost 11% during the forecast period. The report offers an up-to-date analysis...

at 06:35
Everbridge, Inc. , the global leader in critical event management (CEM) and countrywide Public Warning solutions, today announced Norway's Directorate of Health leverages the Everbridge Public Warning solution to quickly alert tens of thousands of...

at 06:35
Today, Sage Therapeutics, Inc. , a biopharmaceutical company committed to developing novel therapies with the potential to transform the lives of people with debilitating disorders of the brain, reported business highlights and financial results for...

at 06:35
Seres Therapeutics, Inc. today reported positive topline results from the pivotal Phase 3 ECOSPOR III study evaluating its investigational oral microbiome therapeutic SER-109 for recurrent C. difficile infection (CDI). The study showed that SER-109...

at 06:30
The "Superabsorbents (Wound Care Management) - Global Market Analysis and Forecast Model (COVID-19 market impact)" report has been added to ResearchAndMarkets.com's offering. This model discusses in detail the impact of COVID-19 on Superabsorbents...

News published on 3 july 2020 at 18:35 and distributed by: