Disinfection Cap Market size was estimated at $309.4 Million in 2019 and is expected to reach $399 Million by 2027, growing at a CAGR of 3.7% during the forecast period of 2020 to 2027.
Disinfection caps are caps that contain alcohol and are usually twisted onto ports for disinfection and protection. Each disinfection cap contains seventy percent of isopropyl alcohol which drenches the surfaces of the port and then sanitizes it in under a minute.
Companies and organizations in the disinfection cap market industry are aiming to suggest steps to combat the challenges that the COVID 19 or coronavirus pandemic has caused. Scientists have been researching various methods and alternatives to reduce the impact of the COVID on the growth of the market.
With the growth in the market for port disinfection caps, the primary driving forces in the market is largely influenced by a plethora of factors from the increasing focus on the research and Development innovations by the players in the market, causing a rise in the investments to grow the product’s portfolio, and regulatory policies must be made favorable to see a consistent rise.
An increase in cancer cases worldwide also comes with the incidence of stomach ulcers, disturbance in the functioning of the intestine tract, and other physical problems, therefore causing an increased requirement for parenteral nutrition. Additionally, therapies for cancer weaken the human body and causes deficiency of nutrition in the body and thus causing an unintentional weight loss or anorexia. All this expected to cause a rise in the market over the forecast period.
Segmentation Analysis
Disinfection Cap Market Growth and Trends
A surge in the prevalence of hospital acquired diseases, also known as nosocomial infections that are mainly found in patients receiving long-term treatment, especially surgical treatment, and increasing hospital admissions are major driving factors for the disinfection cap market. It can occur in hospitals, clinics, surgical centers, ambulatory surgical centers, and long-term care facilities like nursing homes and rehabilitation facilities, for which the demand is very high in the heathcare sector, where children, patients with low immunity, and geriatric populations are prone to infections. Factors such as the use of indwelling catheters, excessive use of antibiotics, and lack of proper hygiene in healthcare settings can increase the risk of hospital acquired infections in patients, for which sanitation and precaution are added key factors expected to stimulate the growth of the market for disinfection caps in the coming years. The utility of disinfection caps in cleaning a used catheter hub makes it highly effective as it keeps the connector clean by making a physical and chemical barrier separating the connector and potential contaminants. Technological advancements are predicted to bolster the growth of the market for disinfection caps in the future. Previously, disinfection caps that had threaded and Luer-lock style caps with small sponges were used, but disinfection caps with isopropyl alcohol impregnated sponges were introduced a few years ago, which prevents infections from catheters in hospitalized patients who require venous access, thus increasing their demand and fuelling growth in the market. The incidence of the Covid-19 pandemic also witnesses an increasing rate of demand for disinfection caps as the requirement to enhance hygienic measures in treatment to prevent any possible spread of viral infection in patients affected by other comorbidities has surged.
A growth restraining factor in this market could be disruption in the supply chain due to logistics being affected.
Disinfection Cap Market Competition
Key companies operating in this industry are BD, 3M, ICU Medical, Merit Medical, B. Braun and Melsungen AG.
Coverage Highlights
• Disinfection Cap Market Revenue Estimation and Forecast (2020 – 2027)
• Production Estimation and Forecast (2020 – 2027)
• Sales/Consumption Volume Estimation and Forecast (2020 – 2027)
• Breakdown of Revenue by Segments (2020 – 2027)
• Breakdown of Production by Segments (2020 – 2027)
• Breakdown of Sales Volume by Segments (2020 – 2027)
• Gross Margin and Profitability Analysis of Companies
• Business Trend and Expansion Analysis
• Import and Export Analysis
Disinfection Cap Market Segmentation
Product Outlook (Revenue, USD Million, 2020 - 2027)
• Retail
• Non-retail
Application Outlook (Revenue, USD Million, 2020 - 2027)
• Hospitals
• Clinics
• Others
Country (Revenue, USD Million, 2020 - 2027)
North America
• United States
• Canada
• Mexico
Asia-Pacific
• China
• Japan
• South Korea
• India
• Philippines
• Malaysia
• Australia
• Rest of Asia Pacific
Europe
• Italy
• Spain
• France
• UK
• Germany
• Belgium
• Netherlands
• Switzerland
• Russia
• Rest of Europe
South America
• Brazil
• Peru
• Chile
• Rest of South America
The Middle East and Africa
• Iran
• Israel
• Saudi Arabia
• Turkey
• Africa
Disinfection Cap Market Companies
• BD
• 3M
• ICU Medical
• Merit Medical
• B. Braun
• Melsungen AG
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