Growing Prevalence of Diseases to Boost India Sterilizers and Surgical, Dental Care and Equipment Disinfectors Market

Sterilizers and chemical disinfectors refer to antimicrobial agents that have specific use for surgical and dental equipment. The compounds are also used to destroy microorganisms in living tissues that have chances of spreading infection and cross-contaminating patients at surgical sites.In the last few years, various studies have revealed the high number of deaths in India that happen due to cross-contamination infections in hospital environments. As a result, use of disinfectants and having a sterilization protocol in place has now been made mandatory in India, in both hospitals and private healthcare clinics.

Escalated Medical Tourism Activities to Drive Market Substantially

The increasing number of surgeries and other health conditions that requires hospital stay is leading to a growing incidence of hospital-acquired infections, the primary factor expected to drive the India sterilizers and surgical, dental care, and equipment disinfectors market. Additionally, the growing geriatric population combined with increasing prevalence of cancer and other life-threatening diseases is also providing a sizeable thrust to the market.As per Trading Economics, total personal disposable income in India has risen from INR71,787,870 million in 2011 to approximately INR80,663,730 million in 2012, leading to increase in per capita healthcare spending, which is further driving the sterilizers and surgical, dental care, and equipment disinfectors market.

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On top of this, escalated government initiatives to set up world-class healthcare facilities to promote medical tourism is driving market growth substantially. In India, a heart bypass surgery costs US$5,200, whereas in the U.S. it costs US$144,000; the magnitude of the gap is attracting patients for treatment and will drive growth of the sterilizers and surgical, dental care, and equipment disinfectors market in the coming years.Moreover, technological advancements such as institution of radiation-based sterilization techniques will boost growth of the market. However, factors such as lax attitude towards sterilization measures may hamper the sterilizers and surgical, dental care, and equipment disinfectors market in India. Also, increased preference for single-use and disposable medical device is another major restraint to the growth of the market.In terms of growth outlook, the sterilizers and surgical, dental care and equipment disinfectors market in India was worth INR806.0 crore in 2013 and is anticipated to be worth INR1,390.2 crore in 2020, exhibiting an 8.2% CAGR between 2014 and 2020.

Wound Care Application Segment to Dominate Market

The sterilizers and surgical, dental care, and equipment disinfectants market in India is divided as per chemical formulation, end users, application, and surgery stage. The chemical formulations segment is sub-segmented as chlorhexidine gluconate, povidone-iodine, octenidine hydrochloride, alcohol, benzalkonium chloride, ethyl-hexadecyl-dimethyl ammonium, and others.

Among the chemical formulation segments of the market, chlorhexidine gluconate-based formulations held the largest market share and are expected to further lead the market in the coming years owing to high safety, improved efficacy, and high adoption of the formulations in hospitals and other healthcare centers.Application-wise, the sterilizers and surgical, dental care and equipment disinfectants market in India comprises hospitals and veterinary care centers, the hospital application segment being further sub-segmented into general hospitals and dental care centers. The general hospitals segments is further divided into wound care, burn care, and ulcer care applications, with wound care emerging as the largest application of chemical sterilizers and disinfectors.

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