Bio Decontamination Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)


Bio Decontamination Market Analysis:

1. During the forecast period, the bio-decontamination market is expected to experience a compound annual growth rate (CAGR) of 6.2%. This growth can be attributed to the widespread impact of the COVID-19 outbreak, which has led to an increased need for emergency solutions in the healthcare sector. With hospitals facing a surge in patient admissions, medical professionals and administrators have sought alternative measures to accommodate the growing numbers. These measures include utilizing vacant facilities, repurposing existing hospital spaces, and constructing temporary structures to serve as additional healthcare facilities.

2. Hospital-acquired infections, particularly those related to COVID-19, have become a significant concern for public health. The fear of contracting the virus within hospital settings has made patients hesitant to seek necessary medical treatment. Despite efforts to contain and limit the spread of the SARS-CoV-2 virus, cases of hospital-acquired infections have been consistently reported throughout the pandemic. According to a study published by the National Center for Biotechnology Information (NCBI) in January 2021, the global rate of SARS-CoV-2 hospital-acquired infections ranged from 12% to 15%. This has further emphasized the need for effective sterilization methods to ensure patient safety and prevent the spread of infections.

3. The rise in hospital-acquired COVID-19 infections and other secondary infections among patients has led to a significant increase in demand for bio-decontamination equipment and consumables. These products play a crucial role in curbing the spread of diseases and managing the conditions of affected patients. A study published in the Lancet journal in September 2021 highlighted the alarming increase in hospital-acquired infections in the United Kingdom. It revealed that over 11% of COVID-19 patients admitted to 314 hospitals in the UK acquired infections during their hospital stay, with the rate rising to 15.8% during the pandemic. Additionally, the study found that 6.8% of all COVID-19 patients acquired nosocomial infections, which increased to 8.2% during the pandemic. These statistics underscore the urgent need for effective bio-decontamination measures to ensure patient safety and minimize the risk of infections in healthcare settings.

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