Peru Infection Control Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Product (Disinfectants, Sterilization (Low-Temperature Sterilization, Heat Sterilization, Contract Sterilization)), By End User Industry (Healthcare, Food And Beverage, Chemical) - Forecasts From 2022 To 2027

The Peru infection control market is valued at US$88.315 million in 2020 and is projected to grow at a CAGR of 5.23% during the forecast period to reach a market size of US$126.190 million by 2027.

Personal hygiene awareness to boost the growth

 The Peru infection control market is poised to witness exponential growth during the forecast period owing to the increasing attention on sterilization as well as the growing awareness of personal hygiene. The nature of the business that is being conducted has mostly been transformed from traditional means, which has left very little time for personal care, especially for those who work out of their home. This has necessitated the use of hand sanitizers in an ever greater profusion than was being used a few years ago. It is now an integral part of the lives of Peruvian consumers.

Additionally, regardless of the industry, sterilization has become a basic requirement for any equipment or surface region. Taking the example of the agriculture sector, bilateral trade in agricultural and related products between the USA and Peru in  2018 reached a record of $3.9 billion, with record exports on both sides. Agricultural exports from the United States to Peru reached a new high of $1.4 billion in 2018, an increase of 8% over 2017. Peruvian agricultural exports to the United States increased by 13% in value in 2018, reaching a new high of $2.5 billion (Source: USDA Foreign Agricultural Service). 

This quantum of trade encompasses a good quantity of perishable commodities which necessitates the utilization of storage and storage and requires them to be sterilized to prevent cross-contamination. In view of the above, the very need for preventing cross-contamination and consequently controlling the spread of diseases and infections will lead to a surge in the demand for infection control products, thus resulting in exponential growth in the Peru infection control market.

From the perspective of healthcare, there are a few aspects such as hospital-acquired infections (HIAs), and cross-contamination of food leading to gastrointestinal infection, among others, that are poised to result in the Peruvian infection control market growth. Further, the growing elderly population that has led to increasing incidences of chronic diseases such as diabetes, cardiac disorders, and respiratory disorders, to name a few, is the demand for infection control goods in the nation will also be greatly influenced by another important element. Among others, the main causes of healthy life-years lost in Peru are lower tract respiratory infections, (Source: Primary health care systems (PRIMASYS): a case study from Peru).

 Therefore, there is a healthcare imperative to invest in infection control products that are set to push the Peruvian market for infection control to newer horizons. Further, the global pandemic that the entire world is witnessing, it is has led to a sudden increase in the demand for infection control products. This instance of purchasing in the country would further raise the bar of growth when it comes to the Peru Infection Control Market.

Key Developments

• June 2021- A potent, FDA-approved disinfectant called hypochlorous acid can be created from water using the personal cleaner Echo CleanTM. 80 times more powerful than bleach, an FDA-approved cleaning agent, and an all-natural, environmentally friendly cleaner
• December 2020- The EN14476 test was recently passed by Diversey's AHP® (Accelerated Hydrogen Peroxide®) based disinfectants, Oxivir Excel Wipe and Oxivir Excel Foam, in just 15 seconds when tested on SARS-CoV-2*, the clinical isolate of the coronavirus that causes COVID-19. Diversey is a world leader in infection prevention solutions for the healthcare markets.

Impact of the COVID-19 pandemic

The pandemic of COVID-19 had a huge impact on Peru's infection control market. The pandemic has caused havoc on healthcare systems around the world, with hospitals becoming overcrowded as the number of patients climbs. Sanitizer product volumes increased by up to 60% as a result of cleaning product manufacturers increasing production (Source: American Cleaning Institute, 2020). In hospital settings, equipment sterilization is essential for limiting the transmission of COVID-19. Patient-to-patient pathogen transmission via medical devices during the outbreak can be completely avoided by adequately sanitising medical equipment. Due to the potential risk of COVID-19 from improperly decontaminating surgical instruments, endoscopic devices, respiratory care equipment, and reusable hemodialysis machines, the use of reprocessed equipment to disinfect or sterilise medical devices is higher than usual during pandemics. Due to this, there is now more demand for sterilisation supplies to ensure the effective sterilisation of medical devices.

Segmentation

• By Product
  • Disinfectants
  • Sterilization
    • Low-Temperature Sterilization
    • Heat Sterilization
    • Contract Sterilization
• By End User Industry
  • Healthcare
  • Food and Beverage
  • Chemical