A report from Grand View Research predicts continued growth in the ultraviolet (UV) disinfection market.
“The global ultraviolet disinfection equipment market size was valued at $7.13 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 12.1% over the forecast period,” Grand View Research reports.
“Increasing demand for ultraviolet (UV) disinfection equipment in health care facilities is expected to have a positive impact on the market growth. The rising prevalence of COVID-19 cases coupled with the increasing R&D spending is expected to boost the demand for UV disinfection equipment over the forecast period. Furthermore, factors, such as disruptions across several end-use industries caused by the COVID-19 pandemic and increased concerns about germs, are expected to have a positive impact on the market growth.”
The Grand View Research report adds that, “UV air purification is a proven technology, and in many cases, the WHO and CDC have promoted the use of purification in laboratories, hospitals, operating rooms, and universities. In addition, UV air purifiers are recommended to improve air quality in both the residential and commercial sectors to remove particulate matter and dust, which is speculated to curb the spread of coronavirus. The novel coronavirus pandemic has put a few health care systems under immense pressure and stretched others beyond their capacities.”
“Now with the increasing cases of the disease, a lot of hospitals have started incorporating UV systems to disinfect the high-risk indoor setting, which, in turn, is expected to increase the product demand over the coming years. UV disinfection systems have minimum environmental impact compared to sodium hypochlorite and chlorine gas as UV is mostly affected by the electrical grid composition. This makes it a versatile technology,” the report continues. “As more and more electricity sources are becoming green, UV is expected to reduce its environmental footprint. Public health departments have recognized UV disinfection systems as an effective method of treating drinking water, reclaimed water and wastewater. This has encouraged countries across the globe in incorporating these systems as they are safe and do not require any harmful chemicals to protect water resources and achieve sustainability goals.”
Future Market Insights (FMI) also predicts market growth.
As per FMI, sales represent nearly 75 percent of disinfection equipment market, driven by the continuous development of the disinfection technologies. Factors such as increasing need of UV lights, UVC disinfection robots, UVC disinfection chambers, UVC portable sanitizers and other ultraviolet disinfection systems aresre expected to continue pushing sales in the forthcoming years.
A growing need for these products to disinfectant air, water and surfaces in hospital and medical centers, retail and shopping complexes, corporate offices, public transit, and to mitigate the risk of COVID-19 is anticipated to augment the growth of the market over the forecast period, FMI adds.