Market Trends of Bio Decontamination Industry
Hydrogen Peroxide Segment is Expected to Hold a Significant Growth Rate Over the Forecast Period
Bio-decontamination agents such as hydrogen peroxide can be used in the hospital and other healthcare to clean the facilities and decontaminate them from infectious microorganisms. Hydrogen peroxide is a commonly used decontaminant in hospitals. It helps reduce the spread of hospital-acquired infections such as ventilator-associated pneumonia, hospital-acquired pneumonia, and Clostridium difficile infections.
According to an article published by NCBI in March 2022, hydrogen peroxide-based decontamination technologies are widespread. It demonstrated an efficacy equal to that of traditionally employed methods when paired with advancements in their delivery systems. The use of hydrogen peroxide de-contamination systems in laboratories has been studied and compared. It demonstrated the efficacy of high-concentration hydrogen peroxide in decontamination using various delivery devices. The decontamination instrument, paired with the pulsed 7% hydrogen peroxide solution, achieved efficacy regardless of variables in laboratory size and layout.
In addition, according to an article published by Elsevier in February 2022, companies such as STERIS Sterilization Systems and Advanced Sterilization Products received authorization from the United States Food and Drug Administration for vaporized and hydrogen peroxide gas plasma decontamination systems used in the decontamination process of N95 respirators. According to the same source, a study showed that vaporous hydrogen peroxide and moist heat have the most promise as potential methods to decontaminate N95 respirators. Moreover, hydrogen peroxide gas plasma (HPGP) and aerosolized hydrogen peroxide have also been suggested as possible techniques for decontamination in personal protective equipment. Hence, due to the increasing use of hydrogen peroxide in the bio-decontamination process, the studied segment is expected to experience growth.
In September 2021, Steris launched the next generation of their vaporized hydrogen peroxide (VHP) bio-decontamination systems to achieve 6-log bioburden reduction in good-manufacturing-practice pharmaceutical, medical device, and research facilities. The new decontamination systems can be integrated into a facility's building automation, and a decontamination cycle can be run at programmed intervals or with the push of a button. Similarly, in December 2021, TOMI Environmental Solutions, Inc., a global company specializing in disinfection and decontamination, launched the SteraMist Amazon Store, including the SteraPak and Binary Ionization Technology (BIT). The SteraPak utilizes our SteraMist ionized Hydrogen Peroxide (iHP) disinfection technology, offering a powerful disinfectant that is quick, non-corrosive, and easy to use due to no need for mixing, wiping, or rinsing.
Hence, due to several applications associated with the hydrogen peroxide reagent, and an increasing number of product development, the segment is expected to register significant growth during the forecast period.
North America is Expected to Dominate the Market Over the Forecast Period
The geographical analysis of the Bio Decontamination Market shows that North America holds a major market share in the global market. This is due to the robust growth of the healthcare sector in North America, increasing incidences of hospital-acquired infections in the region, the growing geriatric population, greater government initiatives, and investments toward hygiene in healthcare facilities.
As per the data published by the United States Department of Health & Human Services in November 2022, 30,389 catheter line-associated bloodstream infections were recorded in acute care hospitals in the United States, in 2021. As per the same source, over 1,995 cases of ventilator-associated infections were reported by acute care hospitals in the United States in 2021.
Furthermore, the region has a high volume of surgeries which also increases the risk of contracting HAIs, increasing the demand for hospital infection therapeutics in the region. For instance, data published by the Canadian Institute for Health Information (CIHI) in June 2022, over 110,000 procedures of joint replacements were performed in 2020-2021, and more than 7,300 procedures were performed as day surgeries in Canada.
Thus, with the increasing prevalence of various hospital-acquired infections in the country, the United States region is a highly attractive and stable region for the growth of companies and consumers in the bio-decontamination market.
