Global Infection Control Market


Posted April 28, 2021 by ashwini

Global Infection Control MarketGlobal Infection Control MarketGlobal Infection Control MarketGlobal Infection Control MarketGlobal Infection Control Market
 
Global Infection Control Market was valued at US$ 19.30 Bn in 2019 and is expected to reach US$ 31.60 Bn by 2026, at a CAGR of 6.36 % during a forecast period.
Infection control is a scientific approach and practical solution, which is designed to prevent harm caused by infection. It uses a risk management approach to minimize or prevent the transmission of infection.
Global Infection Control Market Dynamics:

Global Infection Control Market

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Healthcare-Associated Infections are the most common adverse factors, which creates a major public health problem. An increase in strict regulations and compliances, which is imposed by the authorities to control infection from different healthcare facilities are expected to drive the global infection control market growth.
The rapid growth of infrastructural development of healthcare facilities across developing economies is expected to boost the market growth. The number of hospital-acquired infections, growth in the number of surgical procedure and occurrence of chronic diseases are some of the prominent factors behind the global infection control market growth. On the other hand, concerns about the safety of reprocessed instruments are expected to limit the global infection
control market.

Key facts- An increase in Health Care-Associated Infections drive the demand for Infection Control

More than hundreds of millions of patients are affected by healthcare-associated infections each year, which is leading to financial losses for health systems.

In developed countries, more than 30% of patients in intensive care units (ICU) are affected by at least one healthcare-associated infection.

Newborns are at the upper risk of acquiring healthcare-associated infection in developing countries. The infection rates across developing economies are20 times higher than in high-income countries.
Global Infection Control Market Segment Analysis:

The sterilization products & services are expected to contribute XX% share in the global infection control market. The large market share of sterilization products & services is expected to attribute to the factors like high requirement of sterilization products & services to reduce surgical-site infections. The strict sterilization regulations and usages of sterilizers in an array of applications like medical device sterilization, pharmaceutical sterilization, and sterilization in the life sciences sector.

Global Infection Control Market
Global Infection Control Market Regional Analysis:

North America held the dominant position in the global infection control market. The presence of major healthcare facilities on the prevention and spread of any infections are some of the

factors, which drives the regional market growth. An increase in initiatives for reduction of infection prevalence, high volume of surgical procedure, which is carried out across the developed region is expected to boost the market growth. Healthcare-associated infections have accounted for nearly 100,000 annual deaths in the U.S.

Healthcare-associated infections are becoming the fourth leading cause of death behind heart disease, cancer, and stroke. The U.S. infection control products and services industry is expected to grow at a more than 5.5% rate of CAGR. It is expected to drive by factors like economic factors, demographic patterns, and health care trends.

According to World Health Organization (WHO), Healthcare-Associated Infections have a huge effect on mortality rates across the globe. As per National Nosocomial Infection Surveillance (NNIS), more than 45% of the Healthcare-Associated Infections are occurring in the US, which is mainly caused by catheterization and CA-bacteriuria.

Additionally, as per research on Aging, more than 49.40 million individuals in the US are aged 65 years and above in 2019 and the population is expected to grow in size by 2026. The elderly population is more likely to acquire infections because of the decrease in the immunity of an individual. Three out of four individuals, which are aged above 65 are suffering from multiple chronic diseases that drive the adoption of infection control products.

Global Infection Control Market

An increase in the incidence of nosocomial infections, expansion of pharmaceutical and medical device industries in China and India, and developing healthcare infrastructures in Southeast Asian countries are some of the prominent factors behind the Asia Pacific infection control market growth. The rise in medical tourism activates for cardiovascular, orthopaedic, oncology, and fertility treatments are expected to increase the need for proper infection control in healthcare setups. Healthcare organizations are focusing on enhancing sterilization and disinfection methods with well-established infection control methods to reduce the occurrence of infections are expected to drive the market growth.
Global Infection Control Market Competitive Analysis:

According to the MMR report, government agencies are majorly focusing on the implementation of rules to promote awareness regarding the prevention and control of infections. Economic development across developing region are creating scopes of the growth for key players operating in the infection control market.

High medical expenditure and infrastructure encouraged by the governments of the respective economies are enhancing the adoption rate of the sophisticated medical device. An increase in demand for devices for endoscope reprocessing devices, which are capable of disinfecting medical devices is pushing key boundaries growth in the market.

The objective of the report is to present a comprehensive analysis of the Global Infection Control Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language.

The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the Global Infection Control Market Dynamics, structure by analyzing the market segments and projects the Global Infection Control Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Infection Control Market make the report investor’s guide.
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Global Infection Control Market

Global Infection Control Market, by Region

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Global Infection Control Market Key Players

• The Miele Group
• Melag Medizintechnik OHG
• Metrex Research
• Belimed AG
• Matachana
• 3M
• Ecolab
• Getinge
• Steris
• Cantel Medical
• Advanced Sterilization Products
• MMM Group
• Sotera Health LLC
• Reckitt Benckiser
• Pal International
• Halyard Health

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Issued By ASHWINI
Country Australia
Categories Accounting
Last Updated April 28, 2021