Hydrogen Peroxide De-Contamination Market

The report "Hydrogen Peroxide De-Contamination Market by Product & Services (Equipment, Consumables, Services), Type (Chamber, Room), End User (Pharma & Medical Device Manufacturing Companies, LifeSciences & Biotech Research Organizations, Hospitals & Healthcare Facilities) - Global Forecast to 2027", size is projected to reach USD xx million by 2027 from USD xx million in 2022, at a CAGR of xx% during the forecast period.

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Market is driven by factors such as increasing demand for the effective and safe decontaminations of the biohazardous wastes from the hospitals, and the increasing prevalence of hospital acquired infections. On the other hand, the difficulties in the manual decontaminations and budgetary issues are expected to limit market growth to a certain extent in the coming years.

“The equipment accounted for the largest market share in the Hydrogen Peroxide De-Contamination market, products & services, during the forecast period”

The Hydrogen Peroxide De-Contamination market is segmented into consumables, equipment, software and services. In 2021, equipment segment dominated the market owing to the high expenses of the purchase and maintenance.

“Chamber Decontamination segment accounted for the largest market share”

Based on type of testing, the Hydrogen Peroxide De-Contamination market is segmented into chamber decontamination and room decontamination. In 2021, chamber decontamination segment dominated the market with the largest share owing to the efficient workflow and minimal energy consumption.

“APAC region accounted for the highest CAGR”

The global Hydrogen Peroxide De-Contamination market is divided into five regions: North America, Asia-Pacific, Europe, Latin America, and Rest of the World. According to the regional analysis, the North America region is likely to retain a significant market share in 2021 and the future. The North America market is being propelled by the massive amount of biowaste generated and massive demand of the decontamination of the biowastes. The strict compliance rules of decontamination of the biohazard, and the increasing cases of hospital acquired infections have propelled the market.  Asia Pacific, on the other hand, will experience significant growth in the coming years due to the improving healthcare infrastructure, improving compliance and waste decontamination technologies. The major players operating in this market are  STERIS PLC (US), Ecolab (US), TOMI Environmental Solutions Inc. (US), JCE Biotechnology (France), Fedegari Autoclavi SpA (Italy), and Zhejiang Tailin Bioengineering Co., Ltd. (China).

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