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Home Industry News Bio Decon Market Value Anticipated to Accelerate to $176 million by 2026

Bio Decon Market Value Anticipated to Accelerate to $176 million by 2026

26th January 2023

One of the most affordable methods of viral decontamination is bio decontamination, which is why it is frequently favoured over alternative techniques.

The rise of the bio-decontamination industry has been assisted by the creation of new portable equipment.

The market for bio-decontamination is expected to develop significantly in coming years following a rise in the quantity of people picking up infections from hospital environments and increasing public mindfulness of virus avoidance.

The combination of government laws becoming more stringent and the industry shift toward subcontracting bio-decontamination services are also supporting the market’s expansion.

This rapid growth may be constrained by the products lengthy product lifecycle, however the production of technology requiring less manual input and the increasing need for chamber decontamination, could create growth prospects for the worldwide bio-decontamination industry.

In a recent report entitled “Bio Decontamination Market”, Verified Market Research® came to the conclusion that the global market had a value of $117.5 million in 2018 and is expected to hit $175.9 million by 2026, expanding at a CAGR of 5.2% in this period.

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