Published By : 18 May 2016 | Published By : QYRESEARCH
The growing rates of healthcare acquired infections make hospitals an environment that is highly susceptible to pathogens, which pose a significant risk of infection for the occupants in the hospital rooms. Routine cleaning reduces the risk of microbiological infections in a patient’s room. Thus, there is an increasing demand for the prevention of viral infections, boosting the growth of the HPV decontamination systems market. According to a report published by a market intelligent company called Transparency Market Research (TMR), the global HPV decontamination systems market’s revenue which was valued at US$122.75 mn in 2015, is expected to reach US$220.05 mn by 2024, expanding at a 6.7% CAGR between 2016 and 2024.
Emphasis on Sterility Tests by International Regulatory Bodies Boosts HPV Decontamination Systems Market
The HPV decontamination systems market is driven by the emphasis on sterility tests and aseptic processing by the international regulatory bodies. HPV decontamination systems are cost effective, thus leading to a wider adoption. Decontamination of rooms is achieved by depositing a uniform layer of micro condensed hydrogen peroxide vapor (HPV) over the surfaces of the room. Microcondensation provides an optimum environment for biological inactivation. Microcondensation offers a thorough 3-dimensional kill. These benefits are leading to a growth of the market.
On the other hand, inefficient decontamination of the open-plan multi-bed units can pose as a challenge for the growth of the market. However, the growth of antibiotic resistance is expected to open new opportunities for the HPV decontamination systems market in the future.
Isolators Segment Expected to Grow at the Fastest Rate
The global HPV decontamination systems market is segmented on the basis of application into incubators, autoclave/cage washer, isolators, and rooms/facilities. Of these, the isolators segment is expected to grow at the fastest rate with a CAGR of 7.9% from 2016 to 2024.