Overview of the global healthcare and laboratory UV disinfection market
Market research analysts at Technavio predict that the global healthcare and laboratory UV disinfection market will grow at a CAGR of around 13% by 2021. This market research analysis identifies the growing aging population as one of the primary growth factors for this market. the increase in life expectancy due to lifestyle changes, shift in the cause of death, and improvements in medicine is resulting in a rise in the aging population. This will demand the need for intensive healthcare facilities for elderly people to prevent infections and diseases, which will consequently increase the demand for disinfectant equipment.
The growing population, the increase in prevalence chronic diseases, the rise in life expectancy, and the increasing disposable income. This will consequently result in the increase in number of healthcare facilities and improvements in the services offered. The usage of advanced disinfectant equipment reduces the time and cost for the disinfection of several rooms. Additionally, the use of smart sensor technology also avoids the cross-contamination of patients by cleaning soiled utility, washrooms, and storage rooms. This improvement in healthcare industry will be one of the major trends that will gain traction in this market during the next four years.
Competitive landscape and key vendors
The market is competitive and fragmented due to the presence of several diversified global and local vendors. The vendors in the market compete based on quality, price, market reach, and financial resources and the level of competition in this marketspace will increase due to product innovations and extensions and new entrants.
The leading vendors in the market are -
The other prominent vendors in the market are American Ultraviolet, Atlantium Technologies, Calgon Carbon, Clorox, Evoqua Water Technologies, JenAct, STERIS, and Xenex.
Segmentation by end user and analysis of the healthcare and laboratory UV disinfection market
Healthcare facilities increasingly spread the risk of introducing body fluids or biohazardous fluids during surgeries and other procedures. The growing awareness among the consumers about hospital-acquired infections (HAIs) and the need to prevent the spreading of contamination and infection influences the demand of disinfection products in healthcare facilities.
Geographical segmentation and analysis of the healthcare and laboratory UV disinfection market
According to this industry research report, the Americas will be the major revenue contributor to this market throughout the forecast period. This will mainly attribute to factors such as the increase in healthcare investments, the growing awareness about hygiene and residue free environments, and the rise in usage of disinfectants by healthcare facilities and laboratories in this region.
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 healthcare and laboratory UV disinfection market?
What are the key market trends impacting the growth of the global healthcare and laboratory UV disinfection market?
What are the challenges to market growth?
Who are the key vendors in the global healthcare and laboratory UV disinfection market?
What are the market opportunities and threats faced by the vendors in the global healthcare and laboratory UV disinfection market?
Trending factors influencing the market shares of the Americas, APAC, and EMEA.
What are the key outcomes of the five forces analysis of the global healthcare and laboratory UV disinfection market?
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This upcoming industry research report on the global healthcare and laboratory UV disinfection market offers insights into the key trends and developing drivers persuading the growth of the new research areas industry. Our market research reports for the new research areas industry follow a diligent data collection methodology and offer an analysis of quick-growing market segments like lab equipment.
Our upcoming market research report offers a complete picture of the global healthcare and laboratory UV disinfection market for the forecasted period 2017-2021 by taking into account the market forecast, size, and the rising demand for various lab equipment products and services. Additionally, our research practices help clients develop effective growth strategies and keep pace with the constantly changing market landscape. This market study also offers a complete analysis of various lab equipment services based on the interpretation of the information gathered from resources such as market stakeholders and channel partners. This upcoming market research report on the global healthcare and laboratory UV disinfection market also covers vendors like American Ultraviolet, Inc., Philips Lighting, Atlantic Ultraviolet Corporation, Aquionics, Xenex Disinfection Services LLC., and Calgon Carbon Corporation.
This forthcoming industry report on the global healthcare and laboratory UV disinfection market also considers the growth of the similar lab equipment markets such as the DPCR, which is expected to grow at a CAGR of above 10% during the predicted period. According to our market specialists, the increasing demand for safe drinking water and the increase in the use of more clean-hoods in labs may influence the demand for healthcare and laboratory UV disinfection over the next couple of years.
The industry research report for the global healthcare and laboratory UV disinfection market also categorizes the key drivers, major trends, as well as the constraints that the lab equipment sector currently experiences. It also presents insights into the rapidly changing competitive scenario to give clients a realistic picture of the upcoming events within the new research areas industry. Technavio also provides deep-dive market assessments into the sectors such as home, kitchen and large appliances and outdoor gear.
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