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Chlorhexidine Gluconate Solution Market Recent Developments, Emerging Trends and Business Outlook to 2028
The global chlorhexidine gluconate solution market size is expected to increase from USD 174.9 Million in 2020 to USD 202.6 Million in 2028 and register a CAGR of 1.8% over the forecast period. Steady growth of the chlorhexidine gluconate solution market can be attributed to growing geriatric population. With growing age, comes a higher chance of health issues, some of which might need surgery for their treatment. It has been found that, one in ten individuals who undergo surgery are in the age group of 65 years or above.
As aging increases the likelihood of surgeries, there is also an increase in occurrence of surgical complications, including surgical site infections due to reduced immunity in geriatric people, thereby driving the demand for surgical wound cleanser, such as chlorhexidine gluconate solution. According to the World Health Organization (WHO), by 2050, population of people in the age group of 65 years or above is expected to reach about 1.5 billion.
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Top Players in the Global Chlorhexidine Gluconate Solution Market:
Xttrium Laboratories Inc., Afton Pharma, Medichem SA, the 3M Company, Evonik Industries, Becton, Dickinson, and Company, Shanxi Dasheng Pharmaceutical Tech Co., Ltd., Ecolab Inc., Molnlycke Health Care AB, and Lupin Limited.
Rise in road accidents and growing requirement of surgeries to treat victims is boosting the demand for antiseptics like chlorhexidine gluconate solution. According to the statistics released by the World Health Organization, about 1.35 million individuals die annually, due to road traffic mishaps, which have disastrous effect on the health of victims.
Rising number of surgical procedures in hospitals is a significant factor driving the market growth. Infections occurring during surgeries lead to problematic and intricate clinical scenarios. The surface of skin is considered to be a potential source of pathogens, and thus disinfecting and preparing skin during surgical procedures is essential. Presently, chlorhexidine gluconate solution is the most frequently used skin preparation agent in healthcare facilities. Also, surgical site infections are responsible for the most common hospital acquired infections in patients undergoing surgery. Patients contracting surgical site infection spent longer time in hospitals and are very likely to stay in intensive care unit (ICU), resulting in increased expenses.
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Global Chlorhexidine Gluconate Solution Market Segmentation:
Product Type Outlook:
- 2% Chlorhexidine Gluconate Solution
- 4% Chlorhexidine Gluconate Solution
- 20% Chlorhexidine Gluconate Solution
- Others
Application Outlook:
- Preoperative Skin Preparation
- Surgical Hand Scrub
- Skin Wound & General Skin Cleanser
- Healthcare Personal Hand Hygiene
Distribution Channel Outlook:
- Online
- Offline
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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Frequently Asked Questions Answered in the Report:
- What is the estimated revenue growth rate of the global Chlorhexidine Gluconate Solution market over the forecast period?
- What are the major factors driving the global market revenue growth?
- Which are the leading manufacturers and suppliers in the global Chlorhexidine Gluconate Solution market?
- Which regional market is expected to lead in terms of revenue share in the global Chlorhexidine Gluconate Solution market over the forecast years?
- What are the key outcomes of SWOT analysis and Porter’s Five Forces analysis of the market?
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