Hospital Surface Cleaning Products Market Expected to Reach $3.3 Billion by 2032—Allied Market Research

According to a new report published by Allied Market Research, titled, “Hospital Surface Cleaning Products Market," The Hospital Surface Cleaning Products Market size was valued at $1.9 billion in 2020, and is estimated to reach $3.3 billion by 2032, growing at a CAGR of 3.9% from 2023 to 2032.

Surface cleaning products are widely used for disinfecting different cleaning surfaces of grease, stains, grime, and oil deposits as well. They are extensively applied in hospital setups to get rid of germs and unwanted materials on surfaces. Moreover, continuous efforts have  been made by various surface cleaning products to increase the efficiency of their action. Furthermore, constant efforts are  being made to advance the formulations of surface cleaning products. Repeated initiatives have been made with an aim to develop environment-friendly and effective surface cleaning products.

An increase in healthcare expenditure and  rise in the number of temporary hospitals are some of the major factors that drive the demand of antiseptics and disinfectants. Hospital-acquired infections (HAIs) are nosocomial infections that occur during  stay of a patient at hospitals and related facilities and are not observed at the time of admission.  Growing population is anticipated to boost the demand for the hospital surface cleaning products market growth. This has increased the use of surface cleaners at a high pace due to the direct correlation between the geriatric population, occurrence of chronic diseases, increase in hospitalization rates, and an increase in the risk of spread of HAIs. Chemicals are part of everyday activities and there is a high chance of being affected by the chemicals. Thus, it has been seen that many consumers have shifted toward green and natural products which are considered to be eco-friendly and  do not adversely affect the skin and environment. In addition, growth in awareness of hygiene and cleanliness is anticipated to provide lucrative opportunities for the growth of the market.

A growth in number of surgical procedures,  rise in the incidence of hospital-acquired infection, technological advancements in sterilization and disinfection technologies, the surge in the geriatric population, increase in government and non-government initiatives relating to spreading awareness concerning the need for disinfection and need of proper hygiene are the major factors that boost the growth of the market. Typically, hospital surface cleaning products are made up of components such as alcohol, hydrogen peroxide, QUATS, chlorine compounds, and others. Among these, the alcohol segment accounted for the highest market share in 2020, owing to the high use of alcohol on hard surfaces in hospitals and laboratories.

The market is analyzed with respect to different applications such as hospitals, clinics, laboratories, and others. Out of these, the hospital segment accounted for the highest market share in 2020, owing to high prevalence of infections in hospitals has created the demand for surface cleaning products. On the basis of product type, it is based on liquid, powder and wipes. The liquid segment accounted for the highest market share owing to a wide usage of these disinfectants, especially in emerging and underdeveloped countries due to their low cost. However, the adverse effects of chemical disinfectants constrain the growth of the market.

In 2020, North America accounted for the highest share of the hospital surface cleaning products market share, in terms of revenue. Moreover, the market in Asia-Pacific is anticipated to grow with the highest CAGR, owing to growth in the healthcare sector in the region.

Various manufacturers in the hospital surface cleaning product market such as 3M Company, Carrollclean, Diversey Inc., Ecolab Inc., Medline Industries LP., Metrex Research LLC, STERIS plc, The Clorox Company offer a wide variety of hospital surface cleaning products for hospitals and clinics applications. For instance, in November 2022, Medline launched the EPA-cleared Micro-Kill Bleach Germicidal Bleach Wipes to be marketed as killing the fungus on hard, non-porous surfaces. Micro-kill bleach Germicidal wipes are an effective way to disinfect hospital surfaces, where C. auris tends to be persistent in the environment. This launch aims in improving the product portfolio.

The COVID-19 pandemic has accelerated the production of various products in the hospital surface cleaning products market. This has increased the growth of the hospital surface cleaning products market during 2021. COVID-19 has already affected the sales of hospital surface cleaning products in the first quarter of 2021 and is anticipated to cause a positive impact on the market growth throughout the forecast year. The major demand for hospital surface cleaning products was previously noticed from giant manufacturing countries including India, Brazil, China, and South Africa, which were positively affected by the spread of the coronavirus, thereby increasing the demand for surface disinfectants. Furthermore, the pandemic has caused a disturbance in healthcare systems all over the globe, with hospitals being overwhelmed due to the increase in the arrival of patients. Temporary hospitals were also being set up to combat the spread of the disease. Hence, the spread of COVID-19 had urged a surge in the demand for surface cleaning and disinfection products due to the increase in awareness about hygiene, health, and safety. Disinfection products have witnessed a sudden spike during the COVID-19 situation as alcohol-based disinfectants are considered highly effective to kill coronavirus on any surfaces. Increased surface cleaning activities and mandated use of disinfectants drive the hospital surface cleaning products growth of the market. 

KEY BENEFITS FOR STAKEHOLDERS

• The report provides an extensive analysis of the current and emerging hospital surface cleaning products market trends and dynamics. 
• In-depth hospital surface cleaning products market analysis is conducted by constructing market estimations for the key market segments between 2020 and 2032.
• Extensive analysis of the hospital surface cleaning product market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
• A comprehensive analysis of all regions is provided to determine the prevailing opportunities.
• The hospital surface cleaning products market forecast analysis from 2023 to 2032 is included in the report.
• The key market players within hospital surface cleaning product market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the hospital surface cleaning products industry.