Global Infection Control and Biosafety Products Market 2017-2021

Global infection control and biosafety products market overview

According to the infection control and biosafety products market analysis, research analysts at Technavio predict that this market will grow steadily over the next four years and post a CAGR of more than 4% by 2021. This market research analysis identifies the growing disposable income and healthcare spending as one of the key growth factors for the infection control and biosafety products market. The recent years have witnessed a growth in the number of illness affecting people, thereby creating an exigency for adequate precaution. Owing to a substantial rise in the disposable income among consumers, the market for infection control and biosafety products will witness a growth in the spending patterns. Moreover, the growing awareness about the harmful effects of illness that is compeling consumers to take necessary precautions in advance before the outbreak of the illness, will also fuel the market’s growth.

In addition to the rise in the disposable income and healthcare spending, the increased awareness of sanitation and hygiene will further contribute to the growth of the infection control and biosafety products market. Various prominent vendors are conducting campaigns and promotional activities to educate individuals about hygiene. Also, vendors in the market also leverage the use of social media platforms such as Facebook, Instagram, YouTube, and Twitter to effectively educate people on the need for health and hygiene.

Competitive landscape and key vendors

The infection control and biosafety products market is highly competitive with the presence of well-established players. To retain their market presence, regional vendors in the market are competing on factors such as quality, pricing, market reach, and financial resources. In the coming years, the biosafety and infection control market will also witness the entry of new players that will intensify the market’s competitive environment.

The leading vendors in the market are –

• 3M
• Reckitt Benckiser
• BODE Chemie
• STERIS
• Thermo Fisher Scientific

The other prominent vendors in the market are ABC Compounding, American Biotech Labs, Baxter, Bio-Cide International, CareFusion (BD), Ecolab, HEMCO Corporation, Kewaunee, Labconco, Metrex Research, The Baker Company, The Clorox Company, and Terra Universal.

Market segmentation by product and analysis of the infection control and biosafety products market

• Biosafety products
• Infection control products

During 2016, the infection control products segment dominated the infection control and biosafety products market. The demand for infection control products for various domestic and commercial purposes fuels the growth of this market segment. The low-level disinfectants find their significance in applications such as floor cleaning, whereas, chlorine and chemical compounds are used as disinfectants in biosafety laboratories, especially in water treatment.

Geographical segmentation and analysis of the infection control and biosafety products market

• Americas
• APAC
• EMEA

The Americas accounted for the major share of the infection control and biosafety products market during 2016. The US dominated the market in the region and this mainly attributed to the favorable market conditions. Factors such as high disposable income and the availability of well-developed healthcare facilities, will spur the growth of the biosafety and infection control market in the Americas.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global infection control and biosafety products market?
• What are the key market trends impacting the growth of the global infection control and biosafety products market?
• What are the challenges to market growth?
• Who are the key vendors in the global infection control and biosafety products market?
• What are the market opportunities and threats faced by the vendors in the global infection control and biosafety products market?
• Trending factors influencing the market shares in the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global infection control and biosafety products market?

 Technavio also offers customization on reports based on specific client requirement.