Market Trends of Ultraviolet Germicidal Irradiation Industry
This section covers the major market trends shaping the Ultraviolet Germicidal Irradiation Market according to our research experts:
The Surface Disinfectant Segment is Expected to Hold a Significant Share During the Forecast Period
Hospital-acquired infections (HAI) are prevalent everywhere, including hospitals and laboratories. Surface disinfectants play a major role in healthcare settings and in common people's homes to disinfect areas that are most commonly touched to prevent the transmission of infections.
According to the US FDA, consumers were interested in purchasing ultraviolet-C (UVC) lamps to disinfect surfaces in their homes or similar spaces in 2021. Additionally, as per the International Journal of Environmental Research and Public Health article published in 2021, about 50% of hospital-acquired infections occur in the intensive care unit. Surface disinfectants play a crucial role in preventing infections. Hence, the rising burden of HAIs and the benefits of surface disinfectants have resulted in strong demand for and adoption of UV disinfection equipment across healthcare settings, offices, and other workspaces. These factors are expected to propel the growth of the segment during the forecast period.
Furthermore, technological advancements, product launches, approvals, and partnerships among key players, are also expected to drive the growth of the segment. For instance, in July 2020, UV-Concepts Inc., a provider of ultraviolet light disinfection solutions, launched UV-C Enclosure (UVE) worldwide, automated, no-touch UV-C enclosures designed to improve the standard of manual cleaning and disinfection of large portable medical equipment (PME). Such technological advancements and launches are of significant use in healthcare institutions to sterilize the surfaces of medical devices. They are anticipated to boost the utility of surface disinfectants during the forecast period.
North America is Expected to Dominate the Ultraviolet Germicidal Irradiation Market During the Forecast period
North America is expected to dominate the market owing to factors such as the rising incidence of hospital-acquired infections, better healthcare infrastructure, awareness among people and healthcare industry stakeholders about available technologies, and the strong presence of industry players in the region.
Additionally, the rise in chronic diseases like cardiovascular diseases, cancer, and others requires extended hospital stays and surgeries. For instance, according to the AHA, there were approximately 33,356,853 hospital admissions in 2022. Many of these admissions were due to chronic diseases and critical procedures like heart bypass surgery. Thus, the increasing number of hospital admissions is expected to create a need for surface and air disinfection, thereby boosting the market growth in the region.
Furthermore, technological advancements, product launches, and approvals, along with collaborations among key players in the region, are projected to boost the growth of the market. For instance, in January 2022, Steril-Aire, a developer of high-performance indoor air quality (IAQ) and ultraviolet germicidal irradiation (UVGI) technologies, launched their Upper-Air Pro+ using UVGI technology. These devices are designed to quickly disinfect indoor air for airborne infections in locations with dense populations. Such launches are anticipated to boost the growth of the market in the region.
Therefore, owing to the abovementioned factors, the market studied is anticipated to grow in the North American region.
