The Hospital Surgical Disinfectants Market is estimated to be valued at US$ 3.51 Bn in 2023 and is expected to exhibit a CAGR of 9.6% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview:
Hospital surgical disinfectants are chemicals used to kill or inhibit the growth of microorganisms on inanimate surfaces. They are used for disinfecting hospitals, clinics, operating theaters, and isolation rooms from bacteria and viruses. The key products in this market include skin disinfectants, instrument disinfectants, surface disinfectants. They come in various forms like liquids, sprays, wipes, etc. and are effective against a wide range of pathogens.

Market Dynamics:
The hospital surgical disinfectants market is driven by the rising prevalence of hospital acquired infections and increasing awareness about infection control. According to the Centers for Disease Control and Prevention, hospital acquired infections affect around 1 in 25 hospital patients on any given day. This has increased the demand for reliable and effective disinfectants. Additionally, advancement in disinfectant formulations with improved effectiveness and shorter contact time is also fueling the market growth. For instance, accelerated hydrogen peroxide based disinfectants can disinfect surfaces within 2-5 minutes compared to 10-30 minutes required previously.
Segment Analysis
The global Hospital Surgical Disinfectants Market Growth is segmented into three categories: type, application, and end use. By type, the liquid segment holds the largest market share owing to its wide applications in disinfecting surfaces, instruments and hands. It is the most commonly used type of disinfectant as liquids help clean gaps and corners more effectively as compared to other forms.

PEST Analysis
Political: Government regulations regarding usage of certain chemicals in hospital disinfectants are driving innovations towards developing eco-friendly alternatives.
Economic: Rising healthcare spending along with growing prevalence of hospital acquired infections is boosting the market growth.
Social: Increasing awareness about importance of disinfecting surgical instruments and hospital premises is propelling the demand.
Technological: Advancements in formulation technologies are helping manufacturers develop disinfectants with improved efficacy and shorter drying times.

Key Takeaways
The global hospital surgical disinfectants market is expected to witness high growth, exhibiting CAGR of 9.6% over the forecast period of 2023 to 2030, due to increasing prevalence of hospital acquired infections. The market size for 2023 is estimated to be US$ 3.51 Bn.
Regionally, North America dominated the market in 2022 owing to high healthcare expenditure and stringent regulations regarding infection control. Asia Pacific is expected to grow at fastest pace during the forecast period due to improving healthcare infrastructure and rising medical tourism in countries like India and China.
Key players operating in the hospital surgical disinfectants market are 3M Company, Reckitt Benckiser Group plc, Ecolab Inc., Steris plc, Cardinal Health, Becton,and Company, Kimberly-Clark Corporation, Bio-Cide International Inc., Shandong Weigao Group Medical Polymer Company Limited, Carenow Medical Pvt. Ltd., B.Braun Melsungen AG, HARTMANN GROUP, Merck KGaA, Entaco Ltd., Medalkan, Medichem S.A., Ruhof Healthcare, Clinicept Healthcare, Integra LifeSciences Holdings Corporation, Micro-Scientific, LLC

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