GCC countries are the new growth venue of the surface disinfectant market owing to the increasing demand from the healthcare industry. Disinfectants are widely in use across hospital and clinics, surgical centers, and other healthcare facilities across the region. The ongoing COVID-19 crisis is increasing the sales of surface disinfectants in the region.
The increasing healthcare spending is another factor supporting the demand for disinfectants in the region. The healthcare expenditure in GCC is reported as USD 76 billion in 2017 and it is expected to reach USD 105 billion in 2022. Countries such as Kuwait, Saudi Arabia and UAE are on the forefront of market growth owing to increasing healthcare expenditure. This domestic demand is mostly catered by global players through imports. GCC region is one of the leading importers of disinfectants globally. Global market leaders such as Cantel Medical Corporation, Procter and Gamble, and Steris Corporation are dominating the GCC market through their effective surface disinfectants. However, the high growth potential is attracting several local specialty chemical manufacturers towards integration of surface disinfectants to their portfolio.
Market Dynamics
Drivers
- High prevalence of HAIs
- Growing interest towards Personal Hygiene
Restraints
- Side effects in the use of surface disinfectants
High prevalence of HAIs
Hospital-acquired infections (HAIs) are nosocomial infections that occur during a patient’s stay at hospitals and related facilities but are not observed at the time of admission. These infections include central line-associated bloodstream infections, surgical site infections, pneumonia, and others. The incidence of HAIs is mainly dependent on the patient’s immune status, infection control practices, and the prevalence of various infectious agents around the healthcare facility. Other factors include longer hospital stays, immunosuppression, older age, and stays in intensive care units. Around 20% of such infections occur in the ICUs. The continued use of surface disinfectants in hospitals, laboratories, and ICU would decrease the infections. Thus, the major countries in the world are making regulatory guidelines to use these disinfectants. Strict guidelines along with legislative guidelines such as the Affordable Care Act have forced hospital authorities to ensure cleanliness in their facilities. The growing healthcare expenditure in the world as well as in GCC is also driving the market. In a review of Saudi’s 2019 budget and recent economic developments, KPMG has highlighted that the healthcare sector holds the third largest share of 15.6% in the budget expenditure of 2019. The budget allocation for the sector has grown by 8% to reach SAR172 billion in 2019, as compared to SAR159 billion in 2018.
Saudi Arabia to lead the GCC surface disinfectant market growth
Saudi Arabia has the largest healthcare sector in the Middle East region. The keen focus towards healthcare improving the health standards of people led the government to spend 13.5% of its total expenditure on healthcare facilities, service and training. Moreover, the outbreak of novel coronavirus (COVID-19) has been resulting in strong sales growth of surface disinfectants. Also, the Royal order of guidelines include disinfection of roads, parks and other public places to curb the communal spread of the virus, thus supporting the unexpected demand surge in the country. Consumer focus towards personal and surrounding hygiene are likely to shift considerable post the crisis and the demand for surface disinfectants may grow constantly over the forecast period.
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