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According to a new report by Research and Markets, the global surface disinfectant market is expected to reach $542.55 million by 2020.
The report, "Surface Disinfectant Market - Global Forecast to 2020," notes that the major drivers for the market include increasing incidence of hospital-acquired infections and the growing in the number of surgical procedures. However, stringent regulatory requirements and compliance issues and saturation in developed economies act as a restraint for new entrants in the market. Sterilization and disinfection of advanced medical instruments is a challenge for this market growth, according to the report.
Source: Research and Markets