Market revenue in 2020 | USD 12.5 million |
Market revenue in 2027 | USD 16.5 million |
Growth rate | 4.1% (CAGR from 2020 to 2027) |
Largest segment | Non-retail |
Fastest growing segment | Retail |
Historical data | 2016 - 2019 |
Base year | 2020 |
Forecast period | 2021 - 2027 |
Quantitative units | Revenue in USD million |
Market segmentation | Retail, Non-retail |
Key market players worldwide | 3M Co, Becton Dickinson & Co, ICU Medical Inc, Baxter International Inc, B. Braun Medical |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to disinfection cap market will help companies and investors design strategic landscapes.
Non-retail was the largest segment with a revenue share of 68.8% in 2020. Horizon Databook has segmented the China disinfection cap market based on retail, non-retail covering the revenue growth of each sub-segment from 2016 to 2027.
Adequate usage of disinfection caps in hospitals and clinics of China is expected to drive the market growth over the forecast period. In addition, various initiatives being undertaken by local players, such as launch of effective and innovative disinfection caps, in China are anticipated to boost the usage rate.
For instance, Made-in-China.com distributes and markets effective disinfection caps in China at affordable prices, which is expected to boost the demand for these products.
Horizon Databook provides a detailed overview of country-level data and insights on the China disinfection cap market, including forecasts for subscribers. This country databook contains high-level insights into China disinfection cap market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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