What is Chlorhexidine Gluconate Market?
Over the years, the chemical has seen a growth in usage and continues to render its uses in the pharma sector. Especially, in the current times of viruses and the pandemic, the demand is at an all-time high. Chlorhexidine gluconate is second generation chemical plaque control agent highly bacteriostatic in nature and is also used as antiseptic in various specialities and is available in different forms for use. It is widely used. It is used individually and also popularly in medical devices. The attributes of this solution that compels people to use it are its effectiveness against fighting micro-bacterial elements. Also, it possesses the quality of being very sensitive and non-irritant to the skin. The chemical tends to lock itself with the skin, thus amplifying its effectiveness.
The market study is being classified by Type (CHG 2% Solution, CHG 4% Solution, CHG 20% Solution, CHG 0.12% Solution and Others), by Application (Skin Preparation, Surgical Preparation, Pharmaceutical Product, Cosmetics Additive and Others) and major geographies with country level break-up.
Xttrium Laboratories (United States), Medichem (South Africa), The Clorox Company (United States), Becton Dickinson Co(United States), Bajaj Medical (United States), MölnlyckeHealth Care (Sweden), 3M (United States), Ecolab (United States), Sage Prods (United States) and STERIS (Ireland) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Dharma Research (United States).
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Chlorhexidine Gluconate market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Chlorhexidine Gluconate market by Type, Application and Region.
On the basis of geography, the market of Chlorhexidine Gluconate has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- The chlorhexidine gluconate is used in preoperational procedures to clean the skin and make it germ-free to ease the surgical procedure. The different advantages of chlorhexidine gluconate (CHG) cloths have increased the demand for these products globally
- Increasing concern towards oral hygiene
Market Trend
- The growing economies are anticipated to boost the market growth of hospitals and retail pharmacies in developing regions during the assessment period
Restraints
- Chlorhexidine gluconate can cause a rare but serious allergic reaction that may be life-threatening
Opportunities
- The rising number of hospital-acquired infections (HAI), an increasing number of surgical procedures & surgical site infections and the growing geriatric population have led to the growth of the global
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Chlorhexidine Gluconate Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry