Sarasota, FL -- (SBWire) -- 12/24/2018 --With the presence of a large pool of participants, the Global UV infection control device market is displaying a highly competitive business landscape, finds a new research report by Zion Market Research (ZMR 3M, American Air & Water, Inc., American Ultraviolet, Inc., AquiSense Technologies, and Atlantic Ultraviolet Corporation are some of the key vendors of UV infection control device across the world. These players are focusing aggressively on innovation, as well as on including advanced technologies in their existing products. Over the coming years, they are also expected to take up partnerships and mergers and acquisitions as their key strategy for business development, states the UV infection control device market study.
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Citing an instance, in September 2018, Crest Healthcare Supply- a key medical products supplier in healthcare sector- declared to join hands with Advanced Ultra-Violet Systems (AUVS) for delivering its UV Box, a portable disinfection device of AUVS through Crest.
As estimated in this report, the global UV infection control device market stood at US$ 1,600 million in the 2016. Witnessing a tremendous rise during the period from 2017 to 2025, the revenue in this UV infection control device market is expected to reach US$ 5,500 million by the end of the forecast period. The main types available in this UV infection control device market are mobile and stationary types. Among them, the demand for mobile type is relatively higher and the trend is anticipated to remain so over the next few years, notes the UV infection control device market research report.
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Escalating Demand For Pure & Potable Water To Augment Industry Growth
"Mounting need for water treatment and safe drinking water witnessed across emerging economies along with rampant use of eco-friendly technology for potable water will fuel UV infection control device market growth in the years forward," says the author of this study. Apart from this, millennium development goals as well as sustainable development goals set by the UN for treating water to make it clean will further enlarge the scope of UV infection control device market. In addition, large scale use of the product in hospitals, food sector, pharmaceutical firms, and clinics & labs will further soar the size of UV infection control device market in the ensuing years.
Huge Presence Of Hospitals & Clinics To Support North America's Dominance
Regionally, North America has been leading the worldwide UV infection control device market and is anticipated to continue on the dominant position in the years to come, states the UV infection control device market study. The presence of large number of hospitals, clinics & laboratories, pharmaceutical firms, and water as well as wastewater treatment facilities in the region is the main factor behind the dominance of the North America UV infection control device market. Strict rules pertaining to sterilization and disinfection of water along with restriction imposed on the use of disinfectant chemicals has resulted in escalated UV infection control device market demand in the region. Reportedly, the U.S. is the key regional revenue contributor and is likely to remain in the coming years.
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The global UV infection control device market is segmented as follows:
By Type
Mobile Type
Stationary Type
UV Infection Control Device Market Poised to Bring in $5,500 Million by 2025
UV Infection Control Device Market To Report Impressive Growth, Revenue To Surge To US$ 5,500 Million by 2025