February 28, 2022
According to the business analysis report titled ‘Global Medical Disinfectant Wipes Market Size study, By Type (Germicidal Disposable Wipes, Surface Disinfectant Wipes, Hydrogen Peroxide Disinfectant Wipes, Others), By Application (Hospital, Dental Clinic, Nursing Home, Others), By Distribution Channel (B2B, B2C) and Regional Forecasts 2021-2027’, available with MarketStudyReport, global medical disinfectant wipes market, valued USD 4.4 billion in 2020, is slated to register a stable growth rate of more than 5.8% throughout 2021 and garner a valuation of around 6.5 billion by the forecast period-end.
Knowledgeable analysts and researchers cite that problems associated with cross-contamination in the healthcare sector and widespread awareness regarding the benefits of sanitization are augmenting global medical disinfectant wipes market demand.
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Certified evidence available with UNICEF reveals that in 2021, nearly five out of ten people made use of safe sanitization products such as soaps and wipes. Past data opines that during the period of 2000-2020, around 2.4 billion people gained access to safe sanitization services.
Increasing expenditure towards personal hygiene products has been favorable for the industry growth of the global medical disinfectant wipes market over the forecast period. On the contrary, availability of substitutes is anticipated to threaten the industry growth during the analysis timeframe.
Geographically, North Ameirca (U.S., Canada), Asia Pacific (India, China, Japan, South Korea, Australia), Latin America (Brazil Mexico), and Europe (Germany, U.K., Spain, Italy, France) are the major geographies defining the size and scope of global medical disinfectant wipes industry.
Europe is leading in terms of market share owing to a robust healthcare infrastructure, affordability of care services, and rising geriatric population within the region. Meanwhile, the Asia Pacific market is slated to witness a substantial growth rate during the evaluation period due to ongoing healthcare infrastructure development, rising cases of injuries, and increasing disposable income.
The competitive landscape of the market is majorly influenced by key players such as JSC Sanitex, Micro Scientific LLC, The Clorox Company, Kimberly Clark Corporation, Metrex Research LLC, Sunshine Global LLC, Cosstex Internal, Inc., The 3M Company, PDI, Inc., and Reckitt Benckiser Group PLC.