The Asia Pacific Antiseptics and Disinfectants market is anticipated to grow at 7.92% CAGR from 2018 to 2023 and it is estimated that the Asia Pacific market was valued at USD 1.2 billion in 2019 and is expected to reach USD 1.75 billion by 2024.
Increasing geriatric population is certainly a key driving factor for the market to grow. The rising number of chronic diseases and other infectious diseases due to lifestyle changes is leveraging the demand of the market in the Asia Pacific. These solutions will prevent the spread of infection from one person to another and maintain hygienic conditions and this is expanding the shares of the market to grow. Awareness towards the prevention of growth of microbe in medical devices through antiseptics and disinfectants is accelerating the demand of the market in the Asia Pacific. Growing focus on to improve healthcare services in hospitals and clinics so as to promote the wellbeing of the patient is straight propelling the growth rate of the antiseptics and disinfectants market.
However, fluctuations in the production rate of these products in manufacturing companies are slowly impeding the demand of the market. The dearth of skilled staff in keeping surgical instruments more hygienic in rural areas is a challenging attribute for market growth. Rapid changes in the economic strategies by the government are also limiting the growth rate of the antiseptics and disinfectants market in the Asia Pacific. Lack of standardization is also hindering the demand of the market.
Growth opportunities for the market lie in the growing focus on the development of new products with the latest technology in the medical sector. In addition, increasing the scale of hospitals and clinics across the region along with the rising flow of patients is fuelling the growth rate of the antiseptics and disinfectants market in the Asia Pacific. Rising prevalence for the surgical treatment procedures and the need to keep the instruments sterile to prevent the growth of bacteria is ascribed to bolster the demand of this market. Furthermore, increasing support from government organizations through funds and also by creating awareness through campaigns is broadening the growth rate of the market in the Asia Pacific.
This report has been segmented & sub-segmented into the following categories:
On the basis of type, Alcohols and aldehydes accounted for the largest share of the market. Alcohols and aldehydes have the largest share of the market. In addition, together biguanides, amides, and quaternary ammonium compounds have the second largest market share. Growing keen interest towards health care is another important driving factor that is expected to propel the antiseptic and disinfectant market.
On the basis of geography, Asia Pacific is expected to witness the highest CAGR during the forecast period owing to the widespread of Ayurveda in this region. The growing number of medical sector coupled along with literacy rate mainly in China, India, Indonesia, and Thailand is driving the antiseptic and disinfectant market in this region. In addition, raising awareness towards personal care and maintaining hygiene in emerging economies of China and India is expected to augment the market growth of antiseptics and the disinfectant market in this region in the near future.
Promising companies in the APAC Antiseptics and Disinfectants Market profiled in this report are 3M Company, Abc Compounding, Advanced Sterilization Products, American Biotech Labs, Angelini Pharma Inc., Becton, Dickinson And Company, Bio-Cide International Inc., Cardinal Health and Carefusion Corp.
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 End User
5.1.1 Introduction
5.1.2 Domestic User
5.1.3 Institutional User
5.1.4 Y-o-Y Growth Analysis, By End User
5.1.5 Market Attractiveness Analysis, By End User
5.1.6 Market Share Analysis, By End User
5.2 Type
5.2.1 Introduction
5.2.2 Alcohol and Aldehyde
5.2.3 Phenols and Derivatives
5.2.4 Biguanides and Amides
5.2.5 Quaternary Ammonium Compounds
5.2.6 Iodine Compounds
5.2.7 Others
5.2.8 Y-o-Y Growth Analysis, By Type
5.2.9 Market Attractiveness Analysis, By Type
5.2.10 Market Share Analysis, By Type
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By End User
6.1.3.3 By Type
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By End User
6.1.4.3 By Type
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By End User
6.1.5.3 By Type
6.2 China
6.3 India
6.4 Japan
6.5 South Korea
6.6 Australia
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 3M Company
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Abc Compounding
8.3 Advanced Sterilization Products
8.4 American Biotech Labs
8.5 Angelini Pharma Inc.
8.6 Becton, Dickinson And Company
8.7 Bio-Cide International Inc.
8.8 ICardinal Health
8.9 Carefusion Corp.
8.10 Nufarm Limited
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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