Disinfection Cap Market Outlook 2020-2027: Industry Analysis By Types, Applications And Manufacturers | Grand View Research, Inc.

June 04 07:26 2021
Disinfection Cap Market Outlook 2020-2027: Industry Analysis By Types, Applications And Manufacturers | Grand View Research, Inc.

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According to a new report published by Grand View Research, Increasing prevalence of hospital acquired diseases and rising hospital admissions are the key driving factors for the market.

The global disinfection cap market size is expected to reach USD 397.9 million by 2027, expanding at a CAGR of 3.7%, according to a new report by Grand View Research, Inc. Increasing prevalence of hospital acquired diseases and rising hospital admissions are the key driving factors for the market. Hospital-acquired Infections (HAIs), also known as nosocomial infections, are primarily found in patients receiving long-term treatment, especially surgical treatment. It can occur in hospitals, surgical centers, clinics, ambulatory surgical centers, and long-term care facilities such as rehabilitation facilities and nursing homes.

Generally, children, geriatric populations, and patients with low immunity are prone to HAIs. Factors such as use of indwelling catheters, lack of proper hygiene in the healthcare setting, and excessive use of antibiotics can increase the risk of HAIs in patients. Increasing cases of HAIs due to lack of sanitation and precaution is a key factor anticipated to propel the growth of the market for disinfection caps over the forecast period. According to a CDC report in 2018, around 1.7 million cases of HAIs and around 99,000 associated deaths are reported each year in American hospitals.

As per a report published by European Centre for Disease Prevention and Control (ECDC) in 2018, prevalence of HAIs in European countries was around 7.1%. It also reported that around 4,131,000 patients suffer from HAIs in Europe each year. Such cases are expected to increase the demand for disinfection caps. It is used to disinfect IV connectors and eliminate bacteria and other microorganisms. Such solutions are required in hospitals to maintain proper hygiene and sanitation, thereby lowering the risk of HAIs, which is anticipated to propel market growth over the forecast period. 

Disinfection Cap Market Report Highlights

 In terms of revenue, the non-retail segment held the largest market share in 2019. Hospitals and clinics, generally, have tie-ups with the manufacturers for purchasing the products

The hospital segment held the largest market share in 2019 and is expected to witness the fastest growth over the forecast period due to the increasing incidences of hospital acquired infections

In Asia Pacific, the disinfection cap market is expected to witness the fastest growth over the forecast period owing to the rising prevalence of cardiovascular, neurology, and urology disorders.

Prominent key players present in market are BD, 3M, ICU Medical, Merit Medical, and B. Braun Melsungen AG.

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Disinfection Cap Market Segmentation

Grand View Research has segmented the global disinfection cap market report on the basis of distributors, end use, and region:

Disinfection Caps Distributors Outlook (Revenue, USD Million, 2016 – 2027)
    • Retail
    • Non-retail

Disinfection Caps End-use Outlook (Revenue, USD Million, 2016 – 2027)
    • Hospitals
    • Clinics
    • Others

Disinfection Caps Regional Outlook (Revenue, USD Million, 2016 – 2027)
     North America
        • U.S.
        • Canada
    • Europe
        • Germany
        • U.K.
    • Asia Pacific
        • China
        • Japan
    • Latin America
        • Brazil
        • Mexico
        • Argentina
    • MEA
        • Saudi Arabia
        • South Africa

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About Grand View Research

Grand View Research is a U.S. & India-based market research and consultancy firm. It is headquartered in San Francisco. We provide business insights, syndicated research reports, and customized research reports to large as well as small and medium-scale enterprises. Our database features thousands of statistics and in-depth analyses on more than 45 industries. Grand View Research’s extensive database is used by Fortune 500 companies to understand the regional as well as the global business environment.

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