Global Bio Decontamination Market to Reach $241 Million by 2030
The global market for Bio Decontamination estimated at US$176.5 Million in the year 2023, is expected to reach US$241 Million by 2030, growing at a CAGR of 4.5% over the analysis period 2023-2030. Bio Decontamination Equipment, one of the segments analyzed in the report, is expected to record a 4.2% CAGR and reach US$110.4 Million by the end of the analysis period. Growth in the Bio Decontamination Services segment is estimated at 5.1% CAGR for the next 7-year period.
The U.S. Market is Estimated at $53.2 Million, While China is Forecast to Grow at 4.3% CAGR
The Bio Decontamination market in the U.S. is estimated at US$53.2 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$42.3 Million by the year 2030 trailing a CAGR of 4.3% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.3% and 3.5% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR.
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