Project report for Anti-septic cream

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The rising number of surgeries being performed is one of the major drivers positively impacting Indian market growth. The pre-operative skin preparation is one of the essential steps adopted by surgeons before surgeries. Thus the demand for skin-antiseptics products is anticipated to rise with the increasing rate of surgeries. Disinfectants are chemical substances that are used to kill the pathogenic microorganism in or on the surface of objects. Disinfectants mainly act by disruption of cell membranes and denaturation of proteins and enzymes of the cell. Increasing demand for Antiseptic Products from various end-user industries including Hospital, Laboratories, In-house and Others is expected to drive the consumption of Antiseptic Products Market during the forecast period.

An antiseptic is an antimicrobial substance or compound that is applied to living tissue or skin to reduce the possibility of infection, sepsis, or putrefaction. Antiseptics are generally distinguished from antibiotics by the latter's ability to safely destroy bacteria within the body, and from disinfectants, which destroy microorganisms found on non-living objects. Anti-bacterial include antiseptics that have the proven ability to act against bacteria. Microbicides which destroy virus particles are called viricides or antivirals. Antifungals, also known as anti-mycotics, are pharmaceutical fungicides used to treat and prevent mycosis. Antiseptic is the chemical substances that are used to kill the pathogenic microorganism in or on the surface tissue. Antiseptics mainly act by dissolving cell membranes, protein denaturation and cause dehydration of the cells due to evaporation. For example, Chloroxylenol is a chlorinated phenolic antiseptic mostly active against gram-positive bacteria and used in lubricating cream for vaginal examination; used on obstetrical forceps etc.

Market potential & Strategy

The global skin antiseptic products market attained a value of about INR 15,427.390 Crores in 2020. The market is further expected to grow in the forecast period of 2021-2026 at a CAGR of 7% to reach nearly INR 23,215.980 Crores by 2026. There is a significant rise in demand for alcohol antiseptics for pre-injection and pre-operative skin preparations. Alcohol antiseptics and other drugs, like iodine and chlorhexidine, are being used as a base. Unique properties of antiseptics dependent on alcohol are driving the market for surgical purposes. The growing awareness of the benefits of antiseptic skin products, as well as increased R&D funding, provide market entrants with various growth opportunities. Different initiatives initiated by manufacturers and governments to raise awareness of the value of antiseptic skin products are likely to encourage the growth of the antiseptic skin product industry substantially. The enzyme segment is anticipated to witness the fastest growth rate over the forecast period. Enzyme-based disinfectants and antiseptics are generally used for odor control, generally caused due to chemical reactions. It is also used for cleaning enzyme-based or catalyst-based products and is widely used in research laboratories. It is used in hospitals and clinics for cleaning testing kits. An increasing number of research laboratories due to increasing expenditure on R&D across the globe is expected to boost the demand for these products.

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