Hard Surface Disinfectants Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2021 To 2029

Industry Outlook

The currently available techniques applied in surface disinfection are consistently improving to adapt to any environment. Conventional disinfection activities mainly aim to supplement healthcare facilities and improve healthcare system efficiency. As the overall emphasis on disinfection and maintaining sterile environment is advancing, the use of surfaces with inherent antimicrobial properties is being considered as a potential alternative to disinfection. However, the possible high cost of these items and distant availability have made the use of disinfectants imperative. The global market for hard surface disinfectants shall undergo stable growth through 2029. Growing incidence of healthcare-associated infections, high burden of managing such diseases, and evolving regulations for validation of disinfectants are the key drivers of this market. On the other hand, increasing risk of development of resistant microorganisms, and improper adherence to the recommended decontamination methods restrain the growth of this market. Considering the future outlook, the global hard surface disinfectants market is witnessing perpetual product innovation, with introduction of new products that have broader activity spectrum, less dwelling time and competitive prices.

Quaternary Ammonium Compounds to Hold the Largest Market Share

In the base year 2020, quaternary ammonium compounds held the largest revenue share in the global hard surface disinfectants market, and it will retain its dominance through the forecast period. These products are biodegradable in nature and have more efficacy, and are also used as antistatic agents, fabric softeners and surfactants. Being catatonic disinfectants quaternary disinfectants find application in disinfection of workplace floors, surfaces, countertops and toilets. Therefore, wide application area of these compounds render larger revenue share to the segment. Another factor attributing to the dominance of this segment is its activity spectrum against different microorganism. Quaternary ammonium compounds are efficient in killing enveloped viruses, fungi and amoebas. On the other hand, bleach-sodium hypochlorite will progress at the fastest growth rate during the forecast period from 2021 to 2029.

Ease of Use and Competitive Pricing to Support the Lead of Liquids Segment

Based on types of formulation, the global hard surface disinfectants market is segmented into liquids, sprays and wipes; of which, liquids segment occupies the largest revenue share while progressing at the fastest growth rate. Ease of use and convenience in bulk buying are the key factors attributed to the dominance of this segment. Furthermore, competitive prices of liquid disinfectants and liberty in altering concentrations as per the environmental requirements drive the growth of this market. Additionally, sprays have a limited usage in cleaning countertops, operating utensils and workstations; therefore restricting their usage to small surfaces only. The wipes segment is gaining considerable traction in the global market. These products are in high demand due to their non-toxic nature, non-corrosive activity, less dwelling time and ease of use.

Increase in Adoption of Infection Prevention Measures to Make Hospitals the Largest Segment

The currently available hard surface cleaning products are have dual properties of cleaning and disinfecting surfaces. Therefore, these products are widely used as a countermeasure for the prevention of nosocomial infections in hospitals. Hard surface disinfectants are formulated to balance cleaning efficiency with surface compatibility. For delivering safe work and healthcare environment in a cost effective way, there is a requirement to introduce broad-spectrum disinfectants with appropriate dwell time, safe for users and fast-acting. Higher number of hospitals as against other settings, and increasing threat of healthcare-associated infections are the key factors supporting the leading position of this market. Constant introduction of new cleaning agents with shorter contact time and broader action spectrum is anticipated through the forecast period.

Existence of Advanced Healthcare Infrastructure to Lead North America to Dominant Position

In 2020, North America occupied the leading position in the global hard surface disinfectants market in terms of revenue. The demand for hard surface disinfectants in the region is high due to growing threat of superbug infections in hospitals and clinical settings. Additionally, high awareness and government guidelines for deploying disinfection and cleaning methods in healthcare and life-sciences settings also drive the North America market. Mandate of FDA sanction and validation for every disinfectants is the key feature of this regional market. In terms of formulation types, the North America market witness liquid disinfectants to have the largest revenue share, followed by sprays. Asia Pacific shall progress at the fastest rate during the forecast period. China, India and other South East Asian countries will accumulate the largest revenue share in the region. Proliferation of healthcare infrastructure in the region, fast growth of generic drugs market along with rapidly progressing medical tourism industry contribute to the growth of Asia Pacific market.

Historical & Forecast Period

This research report presents the analysis of each considered segment for the period from 2019 to 2029, having 2020 as the base year for estimations. Compounded annual growth rates (CAGRs) for each segment are calculated for the forecast period from 2021 to 2029.

The profiles of such players are also studied in this report based on parameters namely, business overview, product portfolio, financial information, and key developments. The prime players operating in the global Hard Surface Disinfectants market are Abbott Laboratories, Boston Scientific Corporation, Cochlear Limited, LivaNova, PLC, MED-EL, NeuroPace, Inc., Medtronic Plc, NDI Medical LLC, Nervo Corp., Retina Implant AG, Second Sight Medical Products, Inc., Sonova Holding AG, Cyberonics, Inc., St. Jude Medical, Inc. and BrainGate Company.

Key questions answered in this report

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