Antiseptic Bathing Products Market by Demand, Key Companies Strategies and Revenue Analysis to 2024 | Grand View Research, Inc.

Antiseptic Bathing Products Market by Demand, Key Companies Strategies and Revenue Analysis to 2024 | Grand View Research, Inc.

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According to a new report published by Grand View Research, Increasing awareness about infections such as surgical site, pathogen, nosocomial, clostridium difficile and others, is expected to drive the market growth.

The global antiseptic bathing products market size is expected to reach USD 17.13 billion by 2025, according to a new report by Grand View Research, Inc. It is expected to register a CAGR of 4.5% from 2019 to 2025. Growing awareness regarding the benefits of antiseptic bathing products is anticipated to propel the growth. These products help prevent surgical site infections, possibilities of skin diseases, and pathogens from spreading to other patients. These advantages are anticipated to fuel the product demand.

Increasing cases of surgery site infection are anticipated to drive the product application. National Nosocomial Infections Surveillance stated 5% of surgical site infection incidents are reported in every 27 million cases in U.S every year. Increased awareness regarding the morbidity and potential mortality caused by hospital acquired infections is projected to drive the product demand over the forecast period.

CHG solutions held the largest market share of 28.45% in 2018. Over 75% of the healthcare professionals recommend CHG Solutions to avoid infections. In addition, CHG bath towels and wipes is estimated to register the fastest CAGR of 5.1% over the forecast period. Growing concerns about bacterial infections and protection from infections at the locations other than surgery wards is driving the demand for CHG bath towels and wipes. Sage Products launched CHG wipes which are fast active and effective against a board spectrum of microorganisms. Its rinse free formula provides antimicrobial activity up to 6 hours after application.

Application of antiseptic bathing products in surgical wards expected to grow with a CAGR of 4.0%. High possibility of infection cases in surgical wards because of direct attack on tissues under the skin, organ, or implanted material. Whereas, penetration of antiseptic products in medical wards at hospitals, nursing homes, community clinic, and centers handling outpatient surgeries, is increasing to avoid the chances of infections from any other source.

North America was estimated to be the largest market with a revenue of USD 4.27 billion in 2018 and is expected to maintain its growth over the forecast period. High adaptability of antiseptic bathing products to avoid the cases of hospital associated infections is expected to drive the regional growth. Presence of major providers such as Ecolab Inc.; Becton, Dickinson and Company; 3M; and others are launching new antiseptic products with advanced benefits. For instance, Stryker Corporation launched CHG wipes for skin antisepsis, oral cleansing, and nasal antisepsis.

Key players in the antiseptic bathing products market are; Ecolab Inc.; Becton Dickinson & Co.; 3M; Colorox Company; Medline Industries; Air Liquide; Stryker Corporation; Molnlycke Healthcare AB; HiCare Health; and Reckitt Benckiser Nigeria. Companies are coming up with new tie-ups to expand their product portfolio and to serve the vast client base. For instance, Stryker Corporation acquired Sage Products LLC to expand its patient safety portfolio.

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Antiseptic Bathing Products Market Report Highlights

 CHG solutions held the dominant market share of 28.45% in 2018 and is expected to expand at a CAGR of 3.8% from 2019 to 2025

 North America led the antiseptic bathing products market with a value of USD 4.27 billion in 2018. This trend is projected to continue over the next few years.

 Asia Pacific is anticipated to witness increased demand over the forecast period owing to high demand driven by increasing awareness and changing lifestyle

 The market is highly competitive in nature with the presence of main players including HiCare, Health; Ecolab Inc.; Molnlycke Healthcare AB; Air Liquide; and others

 Various manufacturers are concentrating on new product launches and capacity expansion, to meet the changing demand patterns

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Antiseptic Bathing Products Market Segmentation

Grand View Research has segmented the global antiseptic bathing products market on the basis of product, application, and region:

Antiseptic Bathing Products Product Outlook (Revenue, USD Million, 2015 – 2025)

     CHG Bath Towels & Wipes
    CHG Solutions
     Antiseptic Wipes
     Others

Antiseptic Bathing Products Application Outlook (Revenue, USD Million, 2015 – 2025)     

     Intensive care unit
    Surgical wards
     Medical wards
     Others

Antiseptic Bathing Products Regional Outlook (Revenue, USD Million, 2015 – 2025)          

     North America
        • U.S.
        • Canada
     Europe
        • Germany
        • U.K.
     Asia Pacific
        • China 
    • Central & South America
        • Brazil
     Middle East & Africa
        • UAE

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About Grand View Research

Grand View Research is a market research and consulting company registered in the State of California having its headquarters in San Francisco. The company offers syndicated research reports, customized research reports, and consulting services. With Grand View Research, you get an opportunity to understand market trends, insights, and business statistics from a strategic standpoint. With a deep-seated understanding of many business environments, Grand View Research offers business and market intelligence studies and accomplishes more than 300 multi-country market studies.

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