Bowie Dick Test Pack Market to Reach USD 254.6 Million by 2028
The global “bowie dick test pack market” size is expected to reach USD 254.6 million by 2028, exhibiting a CAGR of 5.2% during the forecast period. The growing demand for sterilization monitoring products to curb the spread of hospital acquired infections (HAIs) during invasive surgeries will have an excellent impact on the market growth in the forthcoming years, states Fortune Business Insights, in a report, titled “Bowie Dick Test Pack Market, 2021-2028.” The market size stood at USD 169.8 million in 2020.
Requisite for Disinfectants to Boost Market amid COVID-19
The spread of coronavirus has resulted in heavy demand for sterilization and disinfectant products among biotech, pharmaceutical, and medical device companies. The growing prominence of sterile and infection-free medical instruments during the invasive surgical procedure will spur demand for bowie dick test packs during COVID-19. Moreover, the need for sterilization monitoring in hospitals, dental clinics, and other healthcare facilities will positively affect the global market. Also, the growing awareness regarding the advantages of sterilization monitoring products can improve the prospects of the market in the foreseeable future.
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The Healthcare Facilities to Hold the Largest Share
Based on application, the global market is divided into healthcare facilities, pharmaceutical & medical device companies, and others. The healthcare facilities segment accounts for the largest share during the forecast period. The healthcare facilities in developed countries offer safe, effective, and high-quality treatment and services. The increasing number of hospitals across the globe will further boost the segment’s growth.
The pharmaceutical & medical device companies are expected to hold a significant share during the forecast period due to the rising acceptance of bowie dick test packs.
Based on region, the global market is segmented into North America, Europe, Asia Pacific, and the Rest of the World.
The report on the Bowie dick test pack market depicts:
- Critical evaluation of the market
- Swot analysis of the regions
- Latest market trends and developments
- Stellar insights into the competitive landscape
- Prime data about regional players
- COVID-19 impact
Surging Cases of Surgical-site Infections (SSIs) to Spur Product Demand
The increasing prevalence of hospital-acquired infections and surgical-site infections (SSIs) will spur demand for test packs during the forecast period. According to Massachusetts Health & Hospital Association, Inc., SSIs currently account for 22.0% of HAIs infection, which increases the scope for Bowie-Dick test products in hospitals and clinics to diminish contamination. Moreover, the increasing prevalence of cardiac diseases, orthodontic procedures, and other surgical procedures will further spur opportunities for the bowie dick test pack market growth in the foreseeable future. According to the Organization for Economic Co-operation and Development (OECD), in Germany, the number of cataract surgical procedures increased from 140,340 to 870,018 between 2004 and 2018. In addition, the surging number of surgical procedures in developing nations such as India and China will enable speedy expansion of the market.
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