Bio-remediation market worth $228.35 million by 2030

The adoption of digital progress due to the prevalence of remote monitoring is leading to the adoption of virtual and innovative medical devices, which are driving the growth of the bio-decontamination market.

Newark, Aug. 22, 2022 (GLOBE NEWSWIRE) — According to report published by The Brainy Insights, the global bio-decontamination market is expected to grow from USD 139.24 million in 2021 to USD 228.35 million by 2030, at a CAGR of 5.65% over the forecast period 2022-2030.

The booming pharmaceutical and biotechnology industry globally is expected to increase the demand for the bio-decontamination business during the projection period. Additionally, growing demand for hospital beds and intensive care units and increase in surgical procedures are also helping to propel the growth of the market. However, the presence of manual decontamination methods, budget constraints in healthcare facilities, and extended life cycle of bio-decontamination equipment are restraining the market growth. Also, growing influx of advanced gassing systems, increasing demand for chamber decontamination, and development of equipment requiring less manual intervention are opportunities for market growth.

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Competitive strategy

To strengthen their position in the global bio-decontamination market, the major players are now focusing on adopting strategies such as product innovations, mergers and acquisitions, recent developments, joint ventures, collaborations and partnerships .

• For example, in December 2021, TOMI launched the SteraMist Amazon Store with SteraPak Leading Disinfection System for all businesses. This will increase sales channels, which will help streamline and optimize the shopping process for consumers.

Scope of Biodecontamination Market:

Market growth and trends

The story continues

The growth of the bio-decontamination market is driven by the increase in the use of modern gassing methods. Moreover, the increased demand for room decontamination and the development of technologies that require less manual intervention are also helping to propel the growth of the market. Also, the development of innovative portable bioburden equipment is the growth trend of the market. Different governments have adopted strict measures to control the virus infection. The underlying trend of outsourcing bio-decontamination services to ensure efficient decontamination is also contributing to the growth of the market. The bio-decontamination market is expected to grow owing to the increase in biopharmaceutical activity and increasing attempts to manufacture sophisticated bio-decontamination equipment. The growing attention to key business players has led to the emergence of new and advanced instruments. Additionally, the growing demand for wearable solutions is expected to drive product demand. Furthermore, the influx of technologically advanced products and the ease of access to a fleet of decontamination tools are also helping to drive the growth of the market over the forecast period.

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Main conclusions

• In 2021, the hydrogen peroxide segment dominated the market with the largest market share of 30.14% and revenue of 41.96 million.

The agent type segment is divided into chlorine dioxide, nitrogen dioxide, peracetic acid and hydrogen peroxide. In 2021, the hydrogen peroxide segment dominated the market with the largest market share of 30.14% and revenue of 41.96 million. This growth is attributed to the growing demand for paper and pulp from packaging and pharmaceutical companies.

• In 2021, the equipment segment led the market with the largest market share of 41.21% and revenue of 57.38 million.

The product segment is divided into services, equipment and consumables. In 2021, the equipment segment dominated the market with the largest market share of 41.21% and revenue of 57.38 million. This growth is attributed to the growing demand for roofing repair business, including wide application of bio-decontamination products in automotive and adhesives.

• In 2021, the segment of pharmaceutical and medical device manufacturing companies dominated the market with the largest market share of 40.25% and revenue of 56.04 million.

The end-user segment is divided into life science and biotechnology research organizations, pharmaceutical and medical device manufacturing companies, and hospitals and healthcare institutions. In 2021, the segment of pharmaceutical and medical device manufacturing companies dominated the market with the largest market share of 40.25% and revenue of 56.04 million. This growth is attributed to the ease of access to digital medical devices.

• In 2021, room decontamination segment dominated the market with the largest market share of 56.23% and revenue of 78.29 million.

Type segment is divided into Chamber Decontamination and Chamber Decontamination. In 2021, the room decontamination segment dominated the market with the largest market share of 56.23% and revenue of 78.29 million. This growth is attributed to the rapid expansion of the product manufacturers’ distribution network for general kit availability.

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Regional Segment Analysis of Bio Decontamination Market:

• North America (United States, Canada, Mexico)
• Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, rest of APAC)
• South America (Brazil and rest of South America)
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

The North American region has emerged as the largest market in the global bio-decontamination industry, with a market share of 49.34% and a market value of around 68.70 million in 2021. Nord is currently dominating the bio-decontamination market due to the growing demand for bio-decontamination technologies from the healthcare enterprise to minimize the occurrence of HAIs. Moreover, the presence of domestic players offering products at lower rates than international players also helps drive the growth of the market in the region. Additionally, Asia-Pacific is expected to post the fastest CAGR of 7.03% over the projection period. This growth is attributed to the increasing prevalence of HAIs. Additionally, the ever-increasing pharmaceutical and medical device industry is also helping to drive the growth of the market over the forecast period.

Key players operating in the global biodecontamination market are:

• Fedegari Autoclavi SpA
• Steris PLC
• TOMI Environmental Solutions, Inc.
• Ecolab
• JCE Biotechnology
• DIOP GmbH & Co. KG
• Howworth Air Technology Ltd.
• Zhejiang TAILIN Bioengineering Co., LTD
• AM Instruments srl
• Solidfog Technologies
• Noxilizer, Inc.
• ClorDiSys Solutions, Inc.
• Amira SRL
• Controlled Contamination Services
• Tecomak
• Sychem Limited
• Allen & Company Environmental Services
• Curis Decontamination
• Klenzaids
• Reatorg
• Syntegon Technology GmbH
• IHSS Ltd Bio Decontamination Ltd
• The Ecosense company
• CLEAMIX

This study forecasts revenue at global, regional and country levels from 2019 to 2030. The Brainy Insights has segmented the global biodecontamination market based on the segments mentioned below:

Global Biodecontamination Market by Agent Type:

• Chlorine dioxide
• Nitrogen dioxide
• Peracetic acid
• Hydrogen peroxide

Global Biodecontamination Market by Product:

• Services
• Equipment
• Consumables

Global Biodecontamination Market by End User:

• Life science and biotechnology research organizations
• Pharmaceutical and medical device manufacturing companies
• Hospitals and healthcare establishments

Global Biodecontamination Market by Type:

• Decontamination of the room
• Chamber decontamination

About the report:

The global biodecontamination market is analyzed on the basis of value (USD million). All segments have been analyzed on a global, regional and country basis. The study includes analysis of more than 30 countries for each segment. The report offers an in-depth analysis of the drivers, opportunities, restraints and challenges to obtain key market insights. The study includes Porter’s Five Forces Model, Attractiveness Analysis, Commodity Analysis, Supply, Demand Analysis, Competitor Position Grid Analysis, analysis of distribution and marketing channels.

About The Brainy Insights:

The Brainy Insights is a market research company, aiming to provide businesses with actionable insights through data analytics to improve their business acumen. We have a robust forecasting and estimating model to meet customers’ high-quality production goals in a short period of time. We provide custom (customer specific) and syndicated reports. Our union reporting repository is diverse across all domain categories and subcategories. Our customized solutions are designed to meet customer needs, whether they are looking to expand or planning to launch a new product in the global market.

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