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(Medical-NewsWire.com, August 13, 2018 ) Antiseptic is a chemical substance used to kill the pathogens and harmful microorganism in or on the surface tissue of human body. They mainly act by dissolving cell membranes, protein denaturation and cause dehydration of the cells due to evaporation. For instance, Chloroxylenol is a chlorinated phenolic antiseptic mostly active against gram-positive bacteria and is used in lubricating cream for vaginal examination. On the other hand, disinfectants are chemicals that are used to kill the pathogenic microorganism in or on the surface of objects.
Antiseptics and Disinfectants market is anticipated to grow at 6.70% CAGR from 2018 to 2023 and it is estimated that the global market was valued at USD 6.67 billion in 2018 and is expected to reach USD 9.22 billion by 2023.
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The global Antiseptics and Disinfectants market was expected to witness high growth over the forecast period due to increasing percentage of hospitals and advanced healthcare facilities across the globe. In addition, the rising trend of the health club and fitness center is also expected to drive the antiseptics and disinfectants market.
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The global Antiseptics and Disinfectants market is segmented on the basis of Type and End User. On the basis of Type, it is segmented into Alcohol and Aldehyde, Phenols and Derivatives, Biguanides and Amides, Quaternary Ammonium Compounds, Iodine Compounds and Others. Alcohols and aldehydes accounted for the largest share of the market. Alcohols and aldehydes have the largest share of the market. In addition, together biguanides, amides, and quaternary ammonium compounds have the second largest market share. Growing keen interest towards health care is another important driving factor that is expected to propel the antiseptic and disinfectant market. On the basis of End User, it is segmented into Domestic User and Institutional User. The antiseptic and disinfectant market has been dominated by institutional end-user segment. This growth is mainly attributed due to the presence of a large number of hospitals coupled with an increase in the number of medical professionals across the globe. Hospitals and healthcare segment is expected to register the highest growth in the coming years due to the outbreak of infectious diseases such as swine flu and avian flu which has triggered the use of antiseptics and disinfectants products market in developing countries. Domestic use of antiseptics and disinfectant is also anticipated to experience lucrative growth due to increasing public awareness regarding the potential dangers of microbial infection infections.
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On the basis of geography, the market is analyzed under various regions namely North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
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The market is dominated by companies like 3M Company, Abc Compounding, Advanced Sterilization Products, American Biotech Labs, Angelini Pharma Inc., Becton, Dickinson And Company, Bio-Cide International Inc., Cardinal Health, Nufarm Limited and Carefusion Corp.
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Market Data Forecast.
Abhishek Shukla
+1-888-702-9626
abhishek@marketdataforecast.com
Source: EmailWire.Com 
Source: EmailWire.com
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