The Rise of Bio Decontamination Market is Estimated to Witness High Growth Owing to Advancements in Decontamination Methods
The bio decontamination market involves products and services used for sterilizing and decontaminating health care facilities and pharma plants. Bio decontamination involves using living microorganisms such as bacteria, viruses, and fungi to deactivate pathogens and microbes that can cause infection. Bio decontamination methods provide a greener alternative to chemical and physical decontamination while ensuring the complete removal of all microorganisms. The bio decontamination process generates no toxic by-products and causes no harm to the environment.
The Global bio decontamination market is estimated to be valued at US$ 293.77 Mn in 2024 and is expected to exhibit a CAGR of 9.5% over the forecast period 2024 To 2031.
Key Takeaways
Key players operating in the bio decontamination market are STERIS Corporation, Ecolab, Inc., TOMI Environmental Solutions, Inc., JCE Biotechnology, Fedegari Autoclavi SpA, Howorth Air Technology Ltd., Noxilizer, Inc., ClorDiSys Solutions, Inc., Wales Group, and Wenzhou Weike Biological Laboratory Equipment Co., Ltd. These players are focused on developing advanced bio decontamination technologies and services and expanding their presence globally.
The growing demand for green and sustainable decontamination methods from pharmaceutical and health care facilities offers significant opportunities for players in the bio decontamination market. Advancements in bio decontamination equipment and introduction of portable decontamination systems further support market growth.
Rise of antimicrobial resistance and new pathogen outbreaks have accelerated the need for effective decontamination technologies. Recent advancements Bio Decontamination Market Growth methods allow for broad-spectrum decontamination and faster turnaround times. The ability of bio decontamination technologies to neutralize even the most resistant pathogens without toxic residue ensures increased adoption across high-risk industries.
Market Drivers
Growing concerns over toxic by-products of chemical and radiological decontamination methods is a key factor driving adoption of bio decontamination technologies. Stringent regulations regarding the usage of chemicals and disposal of hazardous waste necessitate the use of environment-friendly sterilization options. This increases demand for bio decontamination especially in developed markets. The rising need for continuous sterilization cycles without shutdown or downtime of pharma facilities and hospitals further propels the bio decontamination market growth.
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