Infection Control Market Global Trends, Market Share, Industry Size, Growth, OppGlobal Infection Control Market to value over US $ 26 billion and register a CAGR of over 6% during the forecast period of 2019-2026.
Infection Control Market Introduction
The rise in geriatric population along with the widening prevalence of chronic diseases due to lifestyle changes, sedentary habits, unhealthy dietary routines will drive future market growth. The population is thus more prone to acquiring infections due to the presence of a combination of increased comorbid condition and decreasing efficiency of the immune system.
The increasing frequency of surgical procedures coupled with the growing incidence of nosocomial infections will boost infection control market growth during the forecast period. Considering the statistics by WHO, 10 out of every 100 individuals hospitalized globally in developing countries and 7 in developed countries are likely to acquire nosocomial infections. The statistics accurately reflect the swelling need for the market’s products and services.
Infection Control Market Overview
The market is classified into products & services, end-users, and region. In the products and services segment, the market is anticipated to grow at a lucrative rate throughout the forecast period. This accelerated increase is attributed to the high affinity of market players to diminish overall healthcare expenditure along maximizing patient benefits.
In context to end-users, hospitals and clinics held a principal share and are predicted to achieve growth at the highest CAGR throughout the forecast period. The substantial share is majorly a consequence of high probability of acquiring infections in hospital premises through respiratory or bloodborne pathogen transmission.
Based on the region, the Asia Pacific market is presumed to register the fastest growth during the projected time period with the surge in healthcare expenditure and superlative healthcare standards and infrastructure. Boost in the number of outsourcing organizations in the region will benefit the market in the forthcoming years. A voluntary organization, Asia Pacific Society of Infection Control (APSIC) entertains collaborations and partnerships as well as infection control research to promote cost-efficient practices throughout the region. The regional market also gains momentum on the back of various government organizations committed to elevating the standards for infection control.
Major industry players include 3M Company, Belimed, Ahlstrom Corporation, Johnson & Johnson, Sterigenics International, Kimberly Clark Corporation, Steris, Getinge Group, Matachana Group, Cantel Medical Corporation.
Competitive Landscape:
● The major market players adopt strategies of mergers, acquisitions, and new product launches in order to strengthen their market position and establish a global foothold in the market
● Nelson Laboratories, a division of Sotera Health (US), acquired Gibraltar Laboratories (US). This strengthened the portfolio of infection control test services for pharmaceutical and medical device manufacturing companies
● Cantel Medical (US) launched ADVANTAGE PLUS Pass-Thru Automated Endoscope Reprocessor, which thus expanded the market and product portfolio
● Sotera Health (US) signed an agreement with Noxilizer (US), which gave Sterigenics the exclusive rights for the worldwide distribution of NO2 contract sterilization products and services to the pharmaceutical, biotechnology, and medical device manufacturing industries
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Infection Control Market Segmentation
By Product and Services
● Sterilization Products and Services
○ Sterilization Equipment
■ Heat Sterilization Equipment
➢ Moist Heat Sterilizers
➢ Dry Heat Sterilizers
■ Low-Temperature Sterilization
➢ Hydrogen Peroxide Sterilization
➢ Ethylene Oxide Sterilization (ETO)
➢ Formaldehyde Sterilization
➢ Other Low-Temperature Sterilization
■ Radiation Sterilization
■ Filtration Sterilization
■ Other Equipment
● Contract Sterilization Services Market
■ ETO Sterilization Services
■ Gamma Sterilization Services
■ E-Beam Sterilization Services
■ Steam Sterilization Services
■ Other Sterilization Services
● Consumables and Accessories
■ Sterilization Indicators
➢ Chemical Indicators
➢ Biological Indicators
■ Packaging Accessories
● Cleaning and Disinfection Products
■ Disinfectants
● By Product Type
➢ Hand Disinfectants
➢ Surface Disinfectants
➢ Skin Disinfectants
➢ Instrument Disinfectants
● By Formulation
➢ Disinfectant Wipes
○ Liquid Disinfectants
○ Disinfectant Sprays
● By Epa Classification
➢ Low-Level Disinfectants
➢ Intermediate-Level Disinfectants
➢ High-Level Disinfectants
■ Cleaning and Disinfection Equipment
➢ Washer-Disinfectors
➢ Flusher Disinfectors
➢ Uv-Ray Disinfectors
➢ Ultrasonic Cleaners
➢ Other Cleaning and Disinfection Equipment
■ Lubricants and Cleaning Solutions
■ Disinfection and Cleaning Accessories
● Protective Barriers
■ Medical Nonwovens
➢ Surgical Drapes
➢ Surgical Gowns
➢ Face Masks
■ Covers and Closures
■ Goggles
● Endoscope Reprocessing Products
■ Endoscope Reprocessing Consumables
■ Endoscope Reprocessing Equipment
➢ Automated Endoscope Reprocessors
➢ Endoscope Tracking Systems
■ Other Endoscope Reprocessing Products
● Other Infection Control Products
By End-User
● Hospitals & Clinics
● Medical Device Companies
● Pharmaceutical Companies
● Life Sciences Industry
● Food Industry
● Other End Users
By Region
● Europe
● Asia Pacific
● Latin America
● Middle East & Africa
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Objectives of the Study:
● To provide with an exhaustive analysis on the global infection control market by product & services, by end-user, and by region
● To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
● To evaluate and forecast micro-markets and the overall market
● To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
● To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
● Profiling of companies to evaluate their market shares, strategies, financial and core competencies
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