Published on 25 Nov 2019:

Meticulous Research®– leading global market research company published a research report titled “Infection Control Market by Product [Sterilization (Steam, Radiation, Sterilant, Indicators), Disinfection (Washer, UV Disinfection, Disinfectants), Endoscope Reprocessing, Protective Barriers], and End User - Global Forecast to 2027”.

According to this latest publication from Meticulous Research®, the infection control market is expected to grow at a CAGR of around 7% during the forecast period of 2019–2027. This growth is mainly attributed to the rising number of surgical procedures, and growing prevalence of various hospital acquired infections (HAIs). The number of surgeries in developed & developing countries is continuously increasing due to rising prevalence of chronic diseases, unhealthy habits, and few other factors. In addition, rise in medical devices and pharma sectors in emerging countries due to the improvement in medical infrastructure and increase in the penetration of health insurance are creating strong revenue growth opportunities for players operating in this market.

Growth prospects in the infection control market

The infection control market study presents historical market data in terms of value (2017 and 2018), estimated current data (2019), and forecasts for 2027–by product & service [sterilization (steam, radiation, indicators, packaging), cleaning & disinfection (washers, cleaners, disinfectants), endoscope reprocessing, protective barriers, software], and end user. The study also evaluates industry competitors and analyzes the market at a regional level.

Based on product, the infection control market is classified into sterilization products, cleaning and disinfection products, endoscope reprocessing products, protective barriers, services, and software. The cleaning and disinfection products segment is estimated to account for the largest share of the overall infection control market in 2019. However, the endoscope reprocessing segment is estimated to register the fastest growth over the forecast period. The growth in this segment is mainly attributed to growing importance of diagnostic and therapeutic endoscopy procedures, availability of advanced technologies, and growing concern about risk of HAIs associated with the use of improperly reprocessed endoscopes.

Based on end user, the infection control market is mainly segmented into hospitals & clinics, medical device companies, and life science industry. In 2019, hospitals & clinics segment is expected to hold the largest share of the overall infection control market, owing to the large patient footfalls in hospitals and growing need to curtail hospital-acquired infections (HAIs). Many a times, HAIs result in rehospitalization and extended care delivery. This results in addition to the overall cost of care. Thus, HAIs are considered as one of the major contributors to the overall healthcare spending in many of the countries. As HAIs can be prevented through efficient infection control policies, the increasing demand to curtail healthcare costs is expected to contribute to the growth of the infection control market among hospitals and clinics during the forecast period.

By geography, infection control market is categorized into North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. In 2019, North America dominated the infection control market, while Asia-Pacific is projected to register the fastest growth during the forecast period of 2019-2027. In Asia-Pacific region, the growth is primarily driven by the increasing demand for healthcare services, growing demand for proper infection control procedures in healthcare facilities, increasing government initiatives, growing awareness about infection control procedures in hospitals and clinics; and increasing medical device, pharmaceutical, and biotech production in APAC region.

Check complete table of contents with list of table and figures:https://www.meticulousresearch.com/product/infection-control-market-5058/

Key Players:

The key players operating in the global infection control market are STERIS plc. (U.S.), Cantel Medical Corp. (U.S.),Getinge AB (Sweden), Ecolab (U.S.), 3M (U.S.), Advanced Sterilization Products (U.S.), Sotera Health LLC(U.S.), MMM Group (Germany), MATACHANA group (Spain), and Belimed (Switzerland) among others.

Key questions answered in the report-

  • Which are the high growth market segments in terms of product type and end user?
  • What was the historical market for infection control market across the region?
  • What are the market forecasts and estimates for the period 2019–2027?
  • What are the major drivers, restraints, challenges, and opportunities in the infection control market?
  • Who are the major players in the infection control market?
  • What are the recent developments in the infection control market?
  • What are the different strategies adopted by the major players in the infection control market?

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