Infection Control Market is anticipated to grow at a CAGR of 6.4% from 2020 to 2030.
Market Industry Reports (MIR) has published a new report titled “Infection Control Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020–2030.” According to the report, the global infection controlmarket was estimated to be over US$ 19.8billion in 2019. It is anticipated to grow at a CAGR of 6.4% from 2020 to 2030.
Incessantly rising incidence of infectious diseases worldwide is a major factor propelling the growth of the infection control market. The cases of hospital-acquired infections is increasing globally and itrequires efficient control measures to be undertaken to contain the infection spread. For instance, it has been estimated that every year, about 1 in 25 U.S. hospital patients are diagnosed with at least one infection related to hospital care.Increasing government initiatives for curbing the spread of infectious diseases, growing number of surgical procedures, rising growing geriatric population and increasing incidence of chronic diseasesare some of the other factors fueling the market growth.However, increasing risk of microbial resistance and inappropriate sanitization practices are some of the key factors that might hinder the growth of the infection control market to a certain extent.
Companies operating in the market are focusing on developing solutions for targeting challenging situations faced worldwide. For instance, in April 2020, U.S. Food and Drug Administration has issued an Emergency Use Authorization (EUA) for STERIS plc’s respirator decontamination. It enables the healthcare providers to decontaminate N95 Respirators on-site by using STERIS V-PRO Low Temperature Sterilization Systems. The decontaminated masks can be thereafter used for maximum ten times. Similarly, companies are developing newer products for efficient infection control. For instance, in May 2019, Pal International launched Pal TX Surface Disinfectant Wipes for surface disinfectants in food environments.Pal TX wipes are free of alcohol and PHMB and are used for effective control against bacteria to EN1276 and EN13697.
Technological advancements to maintain efficient sanitization is another pivotal factor that is fueling the growth of infection control market. For instance, in April 2020, Getinge AB launched DPTE Transfer Trolley, a mobile transfer platform for moving materials into and out of a confined zone without breaking the sterility. Its ergonomic, power-assisted design enableseasy handling of heavy and fragile loads within confined spaces and assists in speeding-up manual aseptic zone processes.Increasing initiatives for promotion of better infection control is another key factordriving the market growth. For instance, in September 2018, Ecolab Inc.launched the Greater China Healthcare Innovation and Customer Experience Center in Shanghai. The innovation center will help in adoption of better cleaning and disinfection processes for improving the outcomes.
Browse key industry insights spread across 160 pages with market data tables & figures & charts from the report, Infection Control Market by Product & Services (Cleaning & Disinfection Products, Sterilization Products & Services and Preventive Barriers), Indication (Hospital Acquired Pneumonia, Urinary Tract Infections, Surgical Site Infections and Gastrointestinal Infections), End User (Hospitals & Clinics, Pharmaceutical Companies, Medical Device Companies and Food Industry) - Global Analysis & Forecast 2020-2030 in detail along with the table of contents:https://www.marketindustryreports.com/infection-control-market/297
Despite the extensive measures for controlling the spread of infection, increasing microbial resistance remains as a major concern.
Asia Pacific is expected to witnesshighest CAGR in infection control market over theforecast period.Increasing incidence of Hospital Acquired Infections (HAI), rising R&D activities, extensive government initiatives and improving healthcare facilities are anticipatedto boost the growth of infection control market in this region.
Some of the prominent players operating in the global infection control market are 3M, STERIS plc.,MMM Group, Cantel Medical, Metrex Research, LLC., Reckitt Benckiser Group plc., Pal International, MELAG Mediz intechnik GmbH & Co. KG,Belimed and Getinge AB among others.
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