Bio Decontamination Market Trends

Growth Drivers

• An Increase in The Rate of Hospital-Acquired Infections (HAIs) In Healthcare Settings - The increased prevalence of antibiotic-resistant bacteria, the growth of immunocompromised patient populations, and the lack of effective cleaning and disinfection practices are resulting in HAIs. These microorganisms can be spread through contact with contaminated surfaces and objects, as well as through contact with other people. They can also be spread through the air, which is why it is important to maintain good hygiene and ventilation in hospitals. Approximately 1.7 million hospitalized patients acquire HAIs each year, and 98,000 of these patients die from them. There are estimated to be 35,000 hospital acquired infections (HAI) caused by multidrug-resistant organisms (MDRO) each year in Germany, and approximately 1500 people die from them. According to a new report on healthcare-associated infections, Canada has approximately 220,000 hospital-acquired infections each year. As a result, the need for advanced infection control systems is on the rise, which is expected to drive market growth over the forecast period.
• Rising Infections of SARS-Cov-2 Acquired in Hospitals- As the number of SARS-Cov-2 infections rises, hospitals are looking for ways to reduce the risk of infection among their staff and patients. According to the study, 12.3% of hospitalized patients in China who had initially been admitted for other reasons had suspected hospital-associated transmission. Biodecontamination is a process that uses chemicals, heat, or ultraviolet light to sterilize equipment and surfaces, making it an increasingly attractive option for hospitals to help prevent the spread of infection.
• Emerging Biodecontamination Technologies And Services - For instance, the Rapid Bio Decontamination Service from Bioquell provides a full-service decontamination solution that eliminates microorganisms from the environment using Hydrogen Peroxide Vapor. The Hydrogen Peroxide Vapor works by permeating surfaces and killing any microorganisms present, while the vapor is also broken down into oxygen and water, which are harmless to humans and the environment.
• The Lack Of Proper Hygiene In Hospitals Contributing To HAIs - According to the World Health Organization, half of all health care facilities do not provide basic hygiene services. A global survey found that one out of every ten health care facilities did not have access to sanitation. There were 3% of health care facilities without sanitation in Latin America and the Caribbean, 8% in eastern and south-eastern Asia, and 22% in sub-Saharan Africa. Only 1 in 5 health facilities in Least Developing Countries (21%) had basic sanitation.
• An Increase in Healthcare Spending Worldwide - With more people accessing healthcare, the need for medical facilities to keep their environment sterile and prevent the spread of infection has become more critical. It was observed that healthcare spending in the United States reached USD 4.1 trillion in 2020, representing 19.7% of GDP, according to a report released by the Centers for Medicare & Medicaid Services. 

Challenges

• Lack of Awareness of the Benefits of Biodecontamination in Lower Socioeconomic Areas - People who live in lower socioeconomic areas tend to have less access to education and information about the benefits of biodecontamination. This means that they are not aware of the potential benefits of using biodecontamination techniques, which leads to them not using it and hindering market expansion.
• High Cost of Bio Decontamination Services, The Lack of Trained Personnel
• The Stringent Regulations and Standards Associated with The Operations.