Global Infection Control market analysis document gives wide-ranging analysis of the market structure and the evaluations of the various segments and sub-segments of the pharmaceutical industry. This market report takes into account the comprehension of business goals and requirements to bridge the gap by delivering the most proper and suitable solutions. This industry analysis report contains the company profiles, product specifications, capacity, production value, and market shares of each company for the forecasted period of 2021-2028. The winning Infection Control report makes organization up to date with the profound knowledge of the global, regional and local market statistics.
Global infection control market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the infection control market is growing with a CAGR of 14.0% in the forecast period of 2020 to 2027 and is expected to reach USD 56,081.58 million by 2027. The rising geriatric population, rising number of chronic diseases and growing early diagnosis rate are the major drivers which propelled the demand of the infection control market in the forecast period.
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The major companies which are dealing in the infection control market are 3M, STERIS plc, Getinge AB, MMM Group, Cantel Medical, MATACHANA GROUP, Ecolab, BELIMED, INC., Cardinal Health, Steelco S.p.A., Reckitt Benckiser Group plc, Metrex Research, LLC., Stryker, B. Braun Melsungen AG, Covalon Technologies Ltd., SKYTRON, LLC, Olympus Corporation of the Americas (A Subsidiary of Olympus Corporation), COLTENE Group, Pal International, MELAG Medizintechnik GmbH & Co. KG, Cisa Production S.r.l. Unipersonale, TERRAGENE SA, The Clorox Company among other domestic and global players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Some of the factor responsible for the growth of this market:
- Increasing Occurrence of Hospital-Acquired Infections: Hospital-acquired infection or nosocomial infections are those infections which are usually acquired in hospitals or healthcare facility. They mainly occur due to bacteria, fungi, virus and others pathogens. These infections are mainly acquired in hospitals, clinics, rehabilitation centers and other healthcare facilities. People with weak immune systems are more likely to get an infection. They can mainly cause problems such as hospital acquired pneumonia, puerperal fever, central line associated blood stream infection, urinary tract infections and others
- Growing Number of Surgical Procedures: Today different surgeries are done to treat different diseases and can be done at any age. Surgery can be performed to deal with many life threatening diseases. Increasing cases of cancer, cardiovascular diseases and traumatic injuries are the factors due to which surgical procedures are increasing rapidly. Surgery is a kind of a therapy which eliminates the risk of death. Some of the most common surgeries done are appendectomy, breast biopsy, cataract surgery, cesarean section, coronary artery bypass and others
Infection Control Market Developments
- In March 2019, Gentige had launched the new 9100E Cart Washer, planned to reduce clinical, operational and economic risks faced by hospitals by meeting the market’s demand for shorter cycle times without compromising the highest cleaning efficiency standards. This launch has helped the company to enhance its product portfolio.
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Global Infection Control Market Scope and Market Size
Global infection control market is categorized into four notable segments which are based on the basis of product, application, distribution channel and end user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the infection control market and determine your core application areas and the difference in your target markets.
- On the basis of product, the infection control market is segmented into sterilization products, cleaning and disinfection products, personal protective barriers, endoscope reprocessing products, anti-microbial surfaces and other infection control products. In 2020, sterilization products segment hold the highest market share due to the growing need to reduce surgical site infections (ISO), strict sterilization rules, and the extensive use of sterilizers in various applications such as sterilization of medical devices, sterilization of food and beverages, pharmaceutical sterilization and sterilization in the life sciences industry.
- On the basis of application, the infection control market is segmented into surgical instruments, endoscopes, ultrasound probes and others. In 2020, surgical instruments segment has been accounted for the largest share of infection control market. The increasing prevalence and burden of HAIs and chronic diseases, the growing geriatric population and the increasing number of surgeries are the main factors driving the use of surgical instruments, which has spurred the demand for effective cleaning and disinfection.
- On the basis of distribution channel, the infection control market is segmented into direct tender, third party distributors and retail sales. In 2020, the direct tender segment dominates the infection control market because direct tenders have the largest market share as most of the service providers purchase the devices from the manufacturers, and noticed that direct sales revenues are higher which is influential and growing in the infection control market.
- On the basis of end user, the infection control market is segmented into hospitals, clinics, medical device companies, pharmaceutical and biotechnology companies, laboratories and others. In 2020, the overall demand for infection control in hospitals is growing rapidly mainly due to the increase in the prevalence of HAI and the increase in the geriatric population as this segment of the population is more susceptible to various chronic diseases. The increasing number of surgeries is also contributing significantly to the growth of the infection control market for hospitals segment.
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Global Infection Control Market Scenario
According to Data Bridge Market Research, the market for infection control in North America region has the highest market share in global infection control market. Market leader is 3M, which accounts an estimated market share of approximately 22.00% in the North America. The company has gained outstanding sale through providing a large portfolio of products for infection control market.
- In February 2020, 3M has been recognized by Ethisphere Institute as One of the World’s most Ethical Companies for the 7th Consecutive Year. This recognition will help the company to increase its trust among the consumers in the market.
Reasons to buy this report:
- To get a comprehensive overview of the Infection Control market.
- To gain information about the top players in this industry, their product portfolios, and their key strategies.
- To gain insights about the major regional insights in which the Infection Control is flourishing.
- Recent industry trends and developments
- Potential and niche segments/regions exhibiting promising growth
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