Rockville, May 02, 2023 (GLOBE NEWSWIRE) -- As per the latest study by Fact.MR, a provider of market research and competitive intelligence, the valuation of the global chlorhexidine gluconate (CHG) wipes market is expected to reach US$ 67 billion by 2033, expanding at a CAGR of 4% from 2023 to 2033.
For more than 50 years, chlorhexidine gluconate has been used as an antiseptic. CHG has been used as a skin antibacterial and topical disinfectant in products such as bath towels, surgical scrub products, mouth rinses, topical dressings, implant surgical networks, and intravenous catheters.
CHG cotton wipes are primarily used for cleaning and disinfecting the skin and surfaces, with only 2% of them being antiseptic or germicidal wipes. These wipes are effective in killing 99% of bacteria on the skin's surface, thus preventing major infections. Hospitals often use CHG bathing cloths to prevent bloodstream infections associated with central lines, colonization by multidrug-resistant organisms, and surgical site infections.
For more insights into the Market, Request a Sample of this Report:
https://www.factmr.com/connectus/sample?flag=S&rep_id=8542
| Chlorhexidine Gluconate Wipes Market Scope | |
| Report Coverage | Details |
| Base year | 2022 |
| Historic period | 2017-2021 |
| Forecast period | 2023-2033 |
| Growth momentum & CAGR | Accelerate at a CAGR of 4% |
| Market growth 2023-2033 | US$ 67 Billion |
| Regional analysis | North America, Europe, APAC, South America, and Middle East and Africa |
| Key countries | US, Canada, UK, France, and Germany |
| Competitive landscape | Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
| Key companies profiled | Cardinal Health, Pal International, BD, PDI Limited, 3M, Carenow Medical Pvt. Ltd., GAMA Healthcare Ltd., Lernapharm Inc., Becton Dickinson |
| Market dynamics | Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period. |
| Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Due to an increase in hospital-acquired illnesses and surgical site infections, the chlorhexidine gluconate wipes market is expanding rapidly. The market is growing as a result of a number of major factors, including a rise in the number of surgical procedures and the expanding aging population. Increasing awareness of the benefits of chlorhexidine gluconate wipes for eliminating dangerous germs from the body is another factor that is anticipated to fuel market expansion.
Key Takeaways from Market Study
- The global chlorhexidine gluconate wipes market amounted to US$ 44.6 billion in 2023.
- Demand for chlorhexidine gluconate wipes is projected to increase at a CAGR of 4% during the forecast period (2023 to 2033).
- The global market is estimated to touch US$ 67 billion by the end of 2033.
- Australia accounts for 16.7% share of the Asia Pacific market in 2023.
- 5% chlorhexidine gluconate wipes accounted for two-third market share in 2022.
- North America accounted for above one-third global market share in 2022.
Use of CHG wipes is increasing steadily across the world as a result of an increase in the incidence of hospital-acquired infections (HAIs), says a Fact.MR analyst.
Get Customization on this Report for Specific Research Solutions:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=8542
Market Competition
Due to the presence of major players, the chlorhexidine gluconate wipes market is quite competitive. Several manufacturers control a sizable portion of their respective markets. Both emerging and developed economies have seen an increase in demand for medical items that treat chronic disorders. The market for chlorhexidine gluconate wipes is expanding on the back of various growth strategies being undertaken by leading companies.
Manufacturers of chlorhexidine gluconate wipes primarily employ strategies such as technology launches, acquisitions, and R&D operations to improve their product offerings. To expand their product catalog of skin antiseptic wipes, these companies employ tactics such as new authorizations, launches, business growth, and acquisitions.
- Medline launched the ReadyPrep CHG pre-op skin antiseptic wipes with a chlorhexidine gluconate dose in February 2019. Chlorhexidine gluconate, an antiseptic known for its capacity to eliminate infection-causing bacteria from the skin, is pre-saturated in ReadyPrep CHG cloth at a 2% concentration.
- To enhance the manufacturing of sanitizers, Medline declared in March 2020 that it would relocate its Hartland (United States) factory. The company’s ReadyPrep CHG cloths, which are pre-saturated with 2% chlorhexidine gluconate and are known for their potent use over bacterial and other microbial attacks, recently received FDA approval. Although the company has started producing ventilators and other products, its priority is still sanitizers.
Key Segments of Chlorhexidine Gluconate Wipes Industry
- By Type:
- CHG Bath Wipes
- CHG Alcohol-based Wipes
- By Application:
- Surgical Site Infections
- Central Line-associated Bloodstream Infections
- Catheter-associated Urinary Tract Infections
- Lens Cleansers
- By Concentration:
- 2%
- 5%
- By Distribution Channel:
- Hospitals & Retail Pharmacies
- Online Platforms
For in-depth competitive analysis, Buy Now:
https://www.factmr.com/checkout/8542
Key Questions Covered in the Chlorhexidine Gluconate Wipes Market Report
- What will be the estimated size of the Market in 2023?
- At what rate will the global Chlorhexidine Gluconate Wipes sales grow until 2033?
- Which are the factors hampering the Chlorhexidine Gluconate Wipes demand?
- Which region will spearhead the growth in the global industry during 2023-2033?
- Which are the factors driving sales in the Chlorhexidine Gluconate Wipes Market during the forecast period?
More Valuable Insights on Offer
Fact.MR, in its new offering, presents an unbiased analysis of the global chlorhexidine gluconate wipes market, presenting historical demand data for 2018 to 2022 and forecast statistics for 2023 to 2033.
The study divulges essential insights on the market based on type (CHG bath wipes, CHG alcohol-based wipes), concentration (2%, 5%), application (surgical site infections, central line-associated bloodstream infections, catheter-associated urinary tract infections, lens cleansers), and distribution channel (hospitals & retail pharmacies, online platforms), across five major regions of the world.
Check out more related studies published by Fact.MR Research:
Necrotizing Skin Infections Treatment Market Growth: Increase in advance diagnostic technique for diagnosis of necrotizing skin infection like magnetic resonance imaging is also contributing to the growth of necrotizing skin infection treatment market.
Stress Urinary Incontinence Market Revenue: The introduction of innovative urinary catheters coupled with rising preference for minimal invasive surgical treatment of stress urinary incontinence to achieve early cure has registered to be prominent driving factor responsible for revenue generation in global stress urinary incontinence market.
Urinary Tract Infection Treatment Market Size: The global urinary tract infection treatment market size was valued at US$ 10.5 Bn in 2021, and is expected to increase at a CAGR of 2.1% to reach US$ 12.9 Bn by 2031.
Acute Surgical Mechanical Circulatory Support System Market Demand: Technological research and developments that make the devices more efficient is anticipated further drive the demand acute surgical mechanical circulatory support systems market.
About Fact.MR
We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client’s satisfaction.
Contact:
US Sales Office
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583, +353-1-4434-232 (D)
Connect to Author: Mr. Shambhu Nath Jha
Email : shambhu@factmr.com
Sales Team : sales@factmr.com
Follow Us: LinkedIn | Twitter | YouTube
