7.3% CAGR Drives Bio Decontamination Market to $339 Million by 2028

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MarketsandMarkets Presents
Bio Decontamination Market worth 339 million by
2028
https//www.marketsandmarkets.com/Market-Reports/b
io-decontamination-market-104696777.html
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The report "Bio Decontamination Market by Product
(Equipment, Consumables), Agent (Hydrogen
Peroxide, Chlorine Dioxide, Nitrogen Dioxide),
Type (Room Decontamination, Chamber
Decontamination), End user (Hospital Healthcare
facilities) - Global Forecast to 2028", is
projected to USD 339 million by 2028 from USD 238
million in 2023, at a CAGR of 7.3 during the
forecast period. Download a PDF
Brochure https//www.marketsandmarkets.com/pdfdow
nload
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• Objectives of the Study
• To define, describe, and forecast the global bio
  decontamination market based on products,
  services, region.
• To provide detailed information regarding the
  major factors influencing the growth of the
  market (drivers, opportunities, challenges, and
  industry-specific challenges)
• To strategically analyze micromarkets1 with
  respect to individual growth trends, prospects,
  and contributions to the total market
• To analyze opportunities in the market for
  stakeholders and provide details of the
  competitive landscape for market leaders.
• To forecast the size of market segments with
  respect to four main regionsNorth America,
  Europe, Asia Pacific, and the Rest of the World
  (RoW)2
• To strategically profile key players and
  comprehensively analyze their product portfolios,
  market shares, and core competencies3.
• To track and analyze competitive developments
  such as acquisitions, expansions, new product
  launches, and partnerships in the bio
  decontamination market.
• Speak to Analyst https//www.marketsandmarkets.co
  m/speaktoanalystNew.asp?id104696777

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The growth of this market is majorly driven by
the surging occurrences of hospital-acquired
infections and the accumulating number of medical
procedures. However, Safety concerns regarding
hazardous chemicals may challenge the growth of
this market. Germany in European bio
decontamination market to witness the highest
shares during the forecast period. The Europe
bio decontamination Market is segmented into
Germany, Italy, France, Spain, the UK, and the
Rest of Europe. Germany is projected to occupy
the highest share during the forecast period. The
major factors contributing to the growth of this
market are the rising geriatric population,
increasing incidence infectious diseases, also
country is leading manufacturers of high-quality
medical equipment which generates high demand for
bio decontamination products and services used by
medical device manufacturers.
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Pharmaceutical Medical Device Manufacturing
Companies in End user bio decontamination market
to witness the highest shares during the forecast
period. 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 registered the highest CAGR, as these
sectors primarily need decontamination to ensure
the safety, integrity, and quality of their
products, as well as to maintain regulatory
compliance hence the growth in these sectors will
drive the growth of bio decontamination
market. Japan dominates the Asia Pacific bio
decontamination market The APAC bio
decontamination market is segmented into Japan,
China, India, and Rest of Apac. In 2022, Japan
accounted for the largest share of the Asian bio
decontamination market. The large share of Japan
can be attributed to high prevalence of HAIs,
with antimicrobial-resistant (AMR) infections
caused by MRSA being the most prevalent type of
HAIs and having the highest senior population
ratio in the world.
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• 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)

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Company Insights
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 RD 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 facilitys 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.
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