Bio Decontamination is a process of neutralization or removal of chemical agents, infectious microorganisms and radioactive materials, Decontamination equipment refers to the equipment such as a chamber or an isolated box in which the decontamination process is performed. Decontamination equipment market has been growing at a fast rate due to an increase in awareness of such processes and governments of various countries taking initiatives in this field. Decontamination may be done by physical means, chemicals or biology-based methods
The Global Bio Decontamination Equipment Market was valued at $ 117.91 mn in 2018 and is forecasted to grow at a CAGR of 5.54% between 2018 and 2026, resulting in 2026 global sales of $ 184.42. Bio Decontamination equipment market has been growing at a faster rate due to an increase in awareness of such processes and governments of various countries taking initiatives in this field. In addition, lengthy lifecycles of decontamination equipment are restraining the decontamination equipment market
The Global Bio Decontamination Equipment market is segmented on the basis of type, application, and region.
Based on Type: Chamber Decontamination, Room Decontamination
Based on Application: Pharmaceutical Manufacturing, Bioscience Research, Hospital & Healthcare
Based on Region: North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (LAMEA). Among that North America held the largest share of the market, followed by Europe, dominates the global market decontamination equipment due to a large number of an aging population and broad technical applications decontamination equipment in the region. Asia is expected to show high growth rates in the next few years in the decontamination equipment market
The report covers in-depth analysis of the Global Bio Decontamination Equipment Market. The report assesses the market By Type (Chamber Decontamination, Room Decontamination), By Application (Pharmaceutical Manufacturing, Bioscience Research, Hospital & Healthcare). In addition, the report includes key insights on other development activities, including (but not limited to) – licensing (In and Out), collaborations, acquisitions, reimbursement, patent, and regulatory designations.
The report includes in-depth company profiles of key players in the Global Bio Decontamination Equipment Market. The company profile includes key information on the overview, financial highlights, product portfolio, business strategies, and key recent developments.
The report highlights information on emerging companies with potentially disruptive technologies and new market entrants.
Data Collation (Primary & Secondary)
In-house Estimation (Based on proprietary databases and Models)
Market-related information is assembled from both primary and secondary sources.
Primary sources involved participants from all global stakeholders such as experts from several related industries and suppliers that have been interviewed to obtain and verify critical information as well as to assess prospects of the market. The participants included are CXOs, VPs, and managers. Plus, our in-house industry experts having decades of industry experience contribute their consulting and advisory services.
Secondary sources include public sources such as regulatory frameworks, government IT spending, government demographic indicators, industry association statistics, and company publications annual reports press releases along with paid sources such as Factiva, OneSource, Bloomberg among others.
Top-down and bottom-up approaches: The overall market size was used in the top-down approach to estimate the sizes of other individual submarkets (mentioned in the market segmentation by product, type of manufacturing, and disease) through percentage splits from secondary and primary research. The bottom-up approach was also implemented (wherever applicable) for data extracted from secondary research to validate the market segment revenues obtained.