Market revenue in 2020 | USD 106.4 million |
Market revenue in 2027 | USD 135.7 million |
Growth rate | 3.5% (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 |
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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 69.55% in 2020. Horizon Databook has segmented the North America disinfection cap market based on retail, non-retail covering the revenue growth of each sub-segment from 2016 to 2027.
Increasing number of surgeries in North America and growing incidence of hospital-acquired infection are expected to drive the demand for disinfection cap in North America. The use of disinfection caps is one of the essential requirements in surgical procedures and research field, as it reduces the risk of contamination and transmission of infections from one patient to another.
In addition, increasing incidence of hospital-acquired infections may boost the demand for such products, as doctors are strictly recommending usage of disinfection caps before using needles or other surgical equipment. Hence, these factors are expected to propel the market growth over the forecast period.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America disinfection cap market, including forecasts for subscribers. This continent databook contains high-level insights into North America disinfection cap market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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