Global Antiseptic
Market, by Application (Pre-surgical and Injectable Care, Skin and Hygiene
Care, Oral Care, and Nasal Care), by Product Type (Solutions, Swabs, Wipes and Sponges, and Others), by End-user
(Hospitals and Clinics, Ambulatory
Surgical Centers, Nursing Homes, Homecare Settings, and Others), and by Region
(North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)
was valued at US$ 4,448.9 million in
2019 and is expected to exhibit a CAGR of 5.1% over the forecast period (2019-2027),
as highlighted in a new report published by Coherent Market Insights.
Antiseptic products are mainly
used in operation theaters before and after the surgical procedure. Antiseptics
are applied on the skin to kill infectious microorganisms, in order to reduce
risk of surgical site infections. The rising number of surgical procedures is
likely to drive demand for antiseptic products, which, in turn, is expected to
drive growth of the global antiseptic market over the forecast period. For
instance, according to the Healthcare Cost and Utilization Project (HCUP)
report, in 2014, 17.2 million hospital visits (ambulatory or inpatient)
included invasive and therapeutic surgeries in US. Over half of these visits
(9.9 million visits), occurred in ambulatory surgery (AS) settings and the
remaining 7.2 million were inpatient surgeries.
Furthermore, increasing number of
road accidents is expected to favor the global antiseptic market growth over
the forecast period, as antiseptics are the first line of treatment for
accident related injuries.
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For instance, according to Car
Accident Statistics by the Centers for Disease Control and Prevention (CDC), in
July 2019, around 6 million car accidents occur in the U.S every year. As per
the same source, around 3 million people get seriously injured due to car
accidents every year, and around 2 million drivers experience permanent
injuries each year in the U.S. Moreover, according to the Ministry of Road
Transport and Highways (MRTH), Government of India, in 2017, around 147,000
deaths and 470,000 injuries were recorded in India due to road accidents.
Browse 35 Market Data Tables and
35 Figures spread through 181 Pages and in-depth TOC on "Global Antiseptic
Market, by Application (Pre-surgical and Injectable Care, Skin and Hygiene
Care, Oral Care, and Nasal Care), by Product Type (Solutions, Swabs, Wipes and Sponges, and Others), by End-user
(Hospitals and Clinics, Ambulatory Surgical Centers, Nursing Homes, Homecare
Settings, and Others), and by Region (North America, Latin America, Europe,
Asia Pacific, Middle East, and Africa) - Global Forecast to 2027."
Major players such as Becton
Dickinson and Company are focused on receiving product approvals from
regulatory bodies to launch new products in the antiseptic market. For
instance, in April 2019, Becton, Dickinson and Company received the U.S. Food
and Drug Administration (FDA) approval for BD ChloraPrep skin preparation with
sterile solution, the only fully sterile chlorhexidine gluconate (CHG)
antiseptic skin preparation, for commercial use in the U.S.
Browse Research
Report: https://www.coherentmarketinsights.com/market-insight/antiseptic-market-3032
Key Takeaways of the Global
Antiseptic Market:
The global antiseptic market
expected to exhibit a CAGR of 5.1% over the forecast period (2019–2027) owing
to rising number of surgical procedures and increasing number of accident
related injuries
Among application type, the
pre-surgical and injectable care segment is expected to account for a major
revenue share by 2027, owing to increasing prevalence of surgical site
infections in the U.S. For instance,
according to the Centers for Disease Control and Prevention (CDC) report,
around 157,500 cases of surgical site infections (SSI) occurred in the U.S. in
2018
Major players operating in the
global antiseptic market include 3M, STERIS Plc., Cardinal Health, Inc.,
Johnson & Johnson, Metrex Research, LLC, Procter & Gamble, Reckitt
Benckiser Group Plc., Colgate-Palmolive Company, Kimberly-Clark Corporation,
and Becton Dickinson and Company.
Buy-Now this research
report: https://www.coherentmarketinsights.com/insight/buy-now/3032
About
Coherent Market Insights:
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emerging market trends, technologies, and potential absolute dollar
opportunity.
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