UV disinfection equipment utilizes short-wavelength ultraviolet light to kill or inactivate microorganisms by destroying nucleic acids and disrupting their DNA, leaving them unable to perform vital cellular functions. UV disinfection equipment effectively eliminates the growth of bacteria, viruses, molds, and other pathogens on surfaces and air. The growing concerns regarding hospital-acquired infections and the need for advanced sterilization measures in the healthcare industry have increased the demand for UV disinfection equipment.
The global Uv Disinfection Equipment Market is estimated to be valued at Us$ 4.19 Bn in 2024 and is expected to exhibit a CAGR Of 4.5% over the forecast period 2023 To 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The increased adoption of UV disinfection equipment in healthcare facilities is one of the major trends driving the growth of the UV disinfection equipment market. Several healthcare institutions are installing UV disinfection equipment as part of their strategic initiative to reduce infections and offer a safer environment for patients and medical staff. UV disinfection equipment provides a highly effective solution for disinfecting hospital rooms in between patient visits without using any harsh chemicals. This significantly cuts down disinfection time and ensures complete elimination of microbes. The growing awareness about the benefits of UV disinfection technology in healthcare settings is augmenting the demand for UV disinfection equipment globally over the forecast period.
Segment Analysis
The global UV disinfection equipment market is dominated by equipment type segment, which holds around 60% share of the overall market. UV disinfection equipment type segment is further sub-segmented into UV lamps and UV chamber/cabinet. Among these, UV lamps sub-segment dominates the market and accounts for over 50% share. This is because UV lamps offer low maintenance cost and easy to install features.
Key Takeaways
The global UV disinfection equipment market is expected to witness high growth over the forecast period of 2023 to 2030. The market is projected to reach a valuation of US$ 4.19 Billion by 2024, progressing at a CAGR of 4.5% during the forecast period.
Regional analysis:
North America dominates the global UV disinfection equipment market with over 30% share. This is attributed to rising awareness about water disinfection and presence of key players in the region. Asia Pacific shows fastest growth aided by growing concerns regarding water safety in densely populated countries like India and China.
Key players:
Key players operating in the UV disinfection equipment market are Xylem Inc., Halma PLC, Kuraray Co. Ltd., Atlantic Ultraviolet Corporation, Evoqua Water Technologies LLC and others. Xylem Inc. is one of the prominent players and offers various UV disinfection equipment for applications in municipal and industrial water treatment. Halma PLC focuses on developing advanced UV disinfection systems for applications across various end use industries.
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