The global Medical Disinfectant Wipes market size is expected to be worth around US$ 11.9 billion by 2030, according to a new report by Vision Research Reports.
The global Medical Disinfectant Wipes market size was valued at US$ 5.4 billion in 2020 and is anticipated to grow at a CAGR of 6.8% during forecast period 2021 to 2030.
|Market Size||US$ 11.9 billion by 2030|
|Growth Rate||CAGR of 6.8% From 2021 to 2030
|Forecast Period||2021 to 2030|
|Segments Covered||Type, Application, Distribution Channel|
|Regional Scope||North America, Europe, Asia Pacific, Latin America, Middle East & Africa|
|Companies Mentioned||3M; The Clorox Company; Reckitt Benckiser Group plc; Kimberly-Clark Corporation; PDI; Metrex Research; Maxill; Micro-Scientific; Sunshine Global LLC; Crosstex Sanitex|
The rising awareness regarding sanitation and personal hygiene and the increasing cross-contamination problems are expected to drive the demand for medical disinfectant wipes over the forecast period.
Increased sterilization and sanitization practices over the years can be attributed to growing awareness among consumers about health and hygiene. This has driven the demand for many disinfectant products, including medical disinfectant wipes. For instance, CaviWipes are convenient, ready-to-use, intermediate-level disinfectant wipes that are effective against TB, HBV, HCV, HIV, viruses (hydrophilic and lipophilic), bacteria (including MRSA and VRE), and fungi.
The surface disinfectant wipes held the largest segment in 2020 and are expected to maintain dominance over the forecast period. These wipes are among the most widely used wipes owing to their application in disinfecting hard surfaces and due to their affordable price. The demand for maintaining safety, hygiene, and sanitation is driving its adoption across the medical industries.
By Type Analysis
The surface disinfectant wipes segment dominated the market for medical disinfectant wipes and held the largest revenue share of 59.5% in 2020. The segment is expected to maintain its dominance over the forecast period. The growing availability of virucidal, bactericidal, and fungicidal surface disinfectant wipes is also boosting product adoption.
The hydrogen peroxide disinfectant wipes segment is projected to register the fastest CAGR of 6.5% from 2021 to 2028. According to CDC, hydrogen peroxide is effective in eliminating microorganisms including yeasts, fungi, bacteria, viruses, and mold spores, which makes it an essential hygiene product.
By Application Analysis
The hospital segment dominated the market for medical disinfectant wipes and held the largest revenue share of 55.2% in 2020 and is expected to maintain dominance over the forecast period. The rapid expansion of hospitals and healthcare settings around the globe will positively impact the demand for medical disinfectant wipes.
The dental clinic segment is projected to register the fastest CAGR of 7.3% from 2021 to 2030. Several dental clinics use a variety of disinfectant wipe brands, and every brand contains different chemical disinfectant formulas that help eliminate germs and bacteria.
By Distribution Channel Analysis
The B2B segment dominated the market for medical disinfectant wipes and accounted for the largest revenue share of over 77.7% in 2020. The outbreak of COVID-19 has significantly increased product sales through this channel.
The global demand for these products exceeded production and product manufacturers boosted their manufacturing and distribution to deliver these products in bulk quantities to medical industries, hospitals, dialysis centers, medical institutions, and healthcare centers.
The B2C distribution channel is projected to register a faster CAGR of 7.4% from 2021 to 2030. The B2C segment is witnessing a steady rise owing to the growing penetration of major offline and online stores.
By Regional Analysis
North America dominated the market for medical disinfectant wipes and held the largest revenue share of 35.5% in 2020 and is expected to maintain dominance over the forecast period. The increase in the number of hospital-acquired infections (HAIs), rising percentage of the geriatric population.
Asia Pacific is projected to register the fastest CAGR of 7.5% from 2021 to 2030 in the market for medical disinfectant wipes. Countries like China and Japan witnessed a surge in new infections, which led to an increase in the adoption of sanitation measures to curb the spread of infections arising from hospitals.
In Central & South America, the market is projected to register a CAGR of 6.0% from 2021 to 2028 in the market for medical disinfectant wipes.
The Clorox Company
Reckitt Benckiser Group plc.
Sunshine Global LLC
Germicidal Disposable Wipes
Surface Disinfectant Wipes
Hydrogen Peroxide Disinfectant Wipes
By Distribution Channel
Central & South America
The Medical Disinfectant Wipes market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report provides size (in terms of volume and value) of Medical Disinfectant Wipes market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
This report focuses on the global Medical Disinfectant Wipes market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Medical Disinfectant Wipes market development in United States, Europe and China.
It is pertinent to consider that in a volatile global economy, we haven’t just conducted Medical Disinfectant Wipes market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.
In terms of production side, this report researches the Medical Disinfectant Wipes capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.
In terms of consumption side, this report focuses on the consumption of Medical Disinfectant Wipes by regions (countries) and application.
Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Medical Disinfectant Wipes market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Medical Disinfectant Wipes market companies.
Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Medical Disinfectant Wipes market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.
The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.
Overall, this is an in-depth research report specifically for the Medical Disinfectant Wipes industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.
Medical Disinfectant Wipes market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Medical Disinfectant Wipes market.
Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Medical Disinfectant Wipes market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.
Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Medical Disinfectant Wipes market. These factors have benefited the growth of the global market for Medical Disinfectant Wipes. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.
New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Medical Disinfectant Wipes. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).
In this study, the years considered to estimate the market size of Medical Disinfectant Wipes are as follows:
Reasons to Purchase this Report:
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
The study objectives of this report are:
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