The Peru infection control market is valued at US$0.088 billion in 2020 and is projected to grow at a CAGR of 5.23% during the forecast period to reach a market size of US$0.126 billion by 2027.
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.
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.
| Report Metric | Details |
|---|---|
| Total Market Size in 2020 | USD 0.088 billion |
| Total Market Size in 2027 | USD 0.126 billion |
| Forecast Unit | Billion |
| Growth Rate | 5.23% |
| Study Period | 2015 to 2027 |
| Historical Data | 2015 to 2018 |
| Base Year | 2019 |
| Forecast Period | 2020 – 2027 |
| Segmentation | Product, End User Industry |
| Companies |
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