Global Infection Control and Biosafety Products Market 2017-2021
About Infection Control and Biosafety Products
Infection control products are germicides used by hospitals, research centers, and commercial and domestic users to prevent the spread of infections within the healthcare setting. Biosafety products are used to protect individuals in research laboratories, healthcare facilities, and other places from various infections and hazardous effect of chemicals and microorganisms.
Technavio’s analysts forecast the global infection control and biosafety products market to grow at a CAGR of 4.21% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global infection control and biosafety products market for 2017-2021. To calculate the market size, the report considers the sales of infection control and biosafety products.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Infection Control and Biosafety Products Market 2017-2021
Technavio recognizes the following companies as the key players in the global infection control and biosafety products market: 3M, Reckitt Benckiser, BODE Chemie, STERIS, and Thermo Fisher Scientific.
Other Prominent Vendors in the market are: ABC Compounding, American Biotech Labs, Baxter, Bio-Cide International, CareFusion (BD), Ecolab, HEMCO Corporation, Kewaunee, Labconco, Metrex Research, The Baker Company, The Clorox Company, and Terra Universal.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is increased awareness of sanitation and hygiene. The awareness about sanitation and better hygiene is increasing among people around the world because of various propagation channels, such as online media and offline campaigns. There have been various campaigns and promotional activities by vendors and social media that are employed to educate individuals about hygiene. With the dispersal of social media globally, stakeholders, including vendors in the market, are able to promote these products through Facebook, Instagram, YouTube, and Twitter.”
According to the report, one of the major drivers for this market is outbreak of life-threatening diseases. A disease outbreak is the occurrence of a disease in excess of what can normally be expected in a given community, region, or season. In recent years, the outbreak of various diseases has affected several countries across the world. Diseases caused by bacteria like E. coli have been rampant in recent years. Lack of proper hygiene and sanitation is a major reason for the spread of diseases. A low-level of hygiene during hospital stay and patient care also creates a breeding ground for various microorganisms, such as viruses, bacteria, and spores that can lead to the spread of diseases.
Further, the report states that one of the major factors hindering the growth of this market is stringent regulatory policies. Governing bodies such as the Environmental protection Agency (EPA), the FDA, and the CDC are working on developing guidelines for the manufacturing and use of antiseptics and disinfectants. The EPA and the FDA are working under the FIFRA Act 1947, according to which any product used for pest control or mitigation of the growth of microorganisms should be registered by the authority before the consumption and sales of these products.
3M, Reckitt Benckiser, BODE Chemie, STERIS, Thermo Fisher Scientific, ABC Compounding, American Biotech Labs, Baxter, Bio-Cide International, CareFusion (BD), Ecolab, HEMCO Corporation, Kewaunee, Labconco, Metrex Research, The Baker Company, The Clorox Company, and Terra Universal.