High-Level Disinfection Services Market Size – Industry Structure Evaluation, Demand Drivers Analysis, Regional Growth Analysis and Identification, Competitive Positioning Review & Global Market Size Forecast to 2030
Overview
High-Level Disinfection Services Market size was valued at US$ 32.26 Bn. in 2023 and the total revenue is expected to grow at 9.2 % through 2024 to 2030, reaching nearly US$ 59.74 Bn. in the forecast period.
High-Level Disinfection Services Market Overview:
High-level disinfection traditionally is defined as the complete elimination of all microorganisms in or on an instrument, except for small numbers of bacterial spores. Various types of disinfection are high level, intermediate-level, and low level. Chlorine bleach is the most powerful and effective disinfectant that is typically a >10% solution of sodium hypochlorite.
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Global High-Level Disinfection Services Market Dynamics:
The demand for High-level disinfection services is getting more attention in the Hospital-Acquired Infections (HAIs). As the rate of infection in hospitals is higher as compared to various regions due to the treatment carried out in the hospital. Moreover, rising infectious diseases and growing surgical procedures nationwide are likely to gain more attention in the market.
The most common type of Hospital Acquired Infections (HAI’) is clostridium difficile, surgical site infection, central line-associated bloodstream infection, methicillin-resistant staphylococcus Aureus (MRSA). These infections may lead to urinary tract infections (UTI) related to catheters, ventilators, and hospital-acquired pneumonia surgical site infection, central line-related bloodstream infection. Further, rising hospital-acquired infections are likely to boost the market growth of high-level disinfection services.
As per the survey carried out in England hospitals in 2021 around 6,58,000 healthcare-associated infections were reported in 13.9 million adult inpatients in NHS hospitals in England. Moreover, 22800 patients died due to the infection and this factor boosted the demand for high-level disinfection service in the region.
In addition, innovation in products by the market players are likely to boost the opportunities for the market players during the forecast period.
Global High-Level Disinfection Services Market Segment Analysis:
The Outsource segment is anticipated to adhere to the growth of the global High-Level Disinfection Services Market.
Outsource segment is dominating the service segment of global High-Level Disinfection Services Market by revenue share of 54.3% in 2023. The growth of the segment is attributed to the service outsourced by healthcare centers like a hospital, clinics, laboratories, and diagnostic centers. The benefits offered by the outsourcing segment are likely to fuel the market growth like economic, customized cleaning service, door-step service, and usage of advanced technology.
Countries like the US and Western Europe countries, healthcare facilities are outsourcing the Central Sterile Supply Department (CSSD) nation to overcome the infection control standards and quality management for the medical equipment to avoid contamination. Hence this factor is likely to adhere to the market growth in the forecast period.
The Glutaraldehyde segment is supplementing the growth of the global High-Level Disinfection Services Market.
The glutaraldehyde segment is dominating the global High-Level Disinfection Services Market with 24.5 % in 2023. The growth of the glutaraldehyde compound is attributed to a wider application base and long-term activity together with high consumption in hospitals due to Hospital-acquired infection. Moreover, Glutaraldehyde is widely used for the disinfection of surgical instruments in hospitals and clinics. As the demand for the surgical procedure has been increased and is boosting the demand for glutaraldehyde in the compound segment of the high-level disinfection market. Further, hospital-acquired infections caused due to surgical instruments in hospitals are likely to fuel the market growth.
Hydrogen-Peroxide is growing with a significant market share during the forecast period. The concentration of Hydrogen peroxide approves for sanitization and disinfection by the US Food and Drug Administration is 7.5 %. Owing to the broad-spectrum activity of hydrogen peroxide they act as virucidal, fungicidal, bactericidal, and sporicidal. And these properties are likely to fuel market growth in the forecast period.
The hospitals and clinics segment is Trending in the End-User Segment of global High-Level Disinfection Services Market.
The hospital and clinic segment is dominating the end-user segment of the global high-level disinfection service market and accounted for the largest market share of 34.65% in 2023. The growth in the segment is attributed to rising hospital-acquired infections (HAI’s) creating demand for HLD in hospitals and a high level of disinfection. Moreover, the outbreak of COVID-19 is further boosting the demand for high-level disinfection services to control the proliferation of virus among healthy individuals in the coming future.
Moreover, the demand for disinfection for the maintenance of various instruments in hospital for the surgeries and other applications are likely to boost the market to maintain the hygiene of hospitals and clinics and to fulfill the demand for sanitization in COVID-19 pandemic.
In addition, the demand for HLD solutions has increased in pathology and research laboratories for the cleaning of medical equipment and testing kits to increase the safety of healthy individuals. Further, FDA standards and guidelines for safety and sterility testing in research labs are likely to motivate the market in the forecast period.
Global High-Level Disinfection Services Market Regional Insights:
North America is leading in the global High-Level Disinfection Services market owing to the largest market share of 44.5% in 2023. North America is likely to grow by 9.5% in the forecast period. The growth of the region is promoted by the proliferation of the COVID-19 pandemic around the region and this factor initiated the high level of disinfection services all over the countries present in North America. Moreover, government initiatives like campaign and discharge services in the region for pest control and disinfectant service are likely to hit the market. Further, the department of health and human service has announced the collaboration of patient initiatives to decrease HAIs.
The Asia Pacific is estimated to grow at a rapid pace with a CAGR of 6.25% during the forecast period. The growth of the region is attributed to the growing COVID-19 cases around the region together with the high level of disinfection. The major countries affected by the pandemic were China and India where India marked 3, 49,691 new coronavirus infections in a day and crossed 26 lakh active cases. Moreover, the growing geriatric population is more prone to infection in healthcare institutes and centers, hence, the consumption of high-level disinfection by the hospitals is likely to boost the market growth in the forecast period.
The objective of the report is to present a comprehensive analysis of the Global High-Level Disinfection Services Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.
PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding the Global High-Level Disinfection Services Market dynamics, structure by analyzing the market segments and project the Global High-Level Disinfection Services Market size. Clear representation of competitive analysis of key players by Grade, price, financial position, Grade portfolio, growth strategies, and regional presence in the Global High-Level Disinfection Services Market make the report investor’s guide.
Global High-Level Disinfection Services Market Scope: Inquire before buying
| Global High-Level Disinfection Services Market | |||
|---|---|---|---|
| Report Coverage | Details | ||
| Base Year: | 2023 | Forecast Period: | 2024-2030 |
| Historical Data: | 2018 to 2023 | Market Size in 2023: | US $ 32.26 Bn. |
| Forecast Period 2024 to 2030 CAGR: | 9.2% | Market Size in 2030: | US $ 59.74 Bn. |
| Segments Covered: | by Service | In-House Outsource |
|
| by Compound | Formaldehyde Glutaraldehyde Hydrogen Peroxide Peracetic Acid Others |
||
| by End-Use | Hospitals & Clinics Diagnostic Laboratories Pharmaceutical & Biotechnology Companies Academic and Research Institutes Others |
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High-Level Disinfection Services Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina, Columbia and Rest of South America)
High-Level Disinfection Services Market, Key Players are:
1. Bio Decontamination Ltd.
2. JP McHale Pest Management, LLC
3. The Terminix International Company Limited
4. Stratus Building Solutions
5. Aseptic Health, LLC
6. Rentokil Pest Control
7. NYC Steam Cleaning
8. Servpro Industries, LLC
9. Flick Pest Control
10. ISS WORLD SERVICES A/S
11. Altapure
12. STERIS
13. Microchem Laboratory
14. Metrex Research, LLC.
15. EcoFMR.Com
16. Rentokil Initial plc.
FAQs:
1. What is the global High-Level Disinfection Services market share in 2023?
Ans: Approximately, 32.26 Billion USD.
2. What is the global High-Level Disinfection Services market growth?
Ans: The global High-Level Disinfection Services market is anticipated to grow with a CAGR of 9.2% in the forecast period and is likely to reach 59.74 Billion by the end of 2030.
3. Which Compound is expected to dominate the global High-Level Disinfection Services market during the forecast period?
Ans: The glutaraldehyde segment is dominating the global High-Level Disinfection Services Market and with 9.2 % in 2023.
4. Who are the key players in the global High-Level Disinfection Services market?
Ans: Some key players operating in the global High-Level Disinfection Services market include Altapure; STERIS; Microchem Laboratory; Metrex Research, LLC. EcoFMR.Com; Rentokil Initial plc.; Advance Sterilization Products (ASP).
5. What is the key driving factor for the growth of the global High-Level Disinfection Services market?
Ans: Key factors that are driving the global High-Level Disinfection Services market growth involve Increasing owing to the surge in hospital-acquired infections (HAIs), rising incidence of infectious disease, and increasing number of surgical procedures across the globe.