Latin America Disinfection Cap Market Size & Outlook
Latin America disinfection cap market, 2016-2027 (US$M)
Related Markets
Latin America disinfection cap market highlights
- The Latin America disinfection cap market generated a revenue of USD 29.3 million in 2020.
- The market is expected to grow at a CAGR of 4.2% from 2021 to 2027.
- In terms of segment, non-retail was the largest revenue generating distributors in 2020.
- Retail is the most lucrative distributors segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2021 to 2027.
Latin America data book summary
| Market revenue in 2020 | USD 29.3 million |
| Market revenue in 2027 | USD 39.0 million |
| Growth rate | 4.2% (CAGR from 2020 to 2027) |
| Largest segment | Non-retail |
| Fastest growing segment | Retail |
| Historical data covered | 2016 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 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 |
Other key industry trends
- In terms of revenue, Latin America region accounted for 9.5% of the global disinfection cap market in 2020.
- Globally, North America is projected to lead the regional market in terms of revenue in 2027.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 78.4 million by 2027.
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Disinfection Cap Market Scope
Disinfection Cap Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America disinfection cap market outlook
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 69.62% in 2020. Horizon Databook has segmented the Latin America disinfection cap market based on retail, non-retail covering the revenue growth of each sub-segment from 2016 to 2027.
Increasing incidence of hospital-acquired infections and growing awareness about them are among the major factors driving the LATAM disinfection cap market over the forecast period. In addition, increasing incidence of diseases such as cholera, typhoid fever, food poisoning, hepatitis A, and dengue fever due to inadequate use of disinfectant products is one of the major factors driving the market growth.
Such diseases are mainly caused by virus and bacteria germs, growing in unhealthy environment of hospital and clinics. Thus, adequate use of disinfectant products is one of the essential requirements for maintaining aseptic environment. Thus, these factors are expected to drive the market growth over the forecast period.
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Our clientele includes a mix of disinfection cap market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America disinfection cap market, including forecasts for subscribers. This continent databook contains high-level insights into Latin America disinfection cap market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Latin America disinfection cap market size, by country, 2016-2027 (US$M)
Latin America Disinfection Cap Market Share, 2020 & 2027 (US$M)
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