Hospital Acquired Infections Market Valuation touch $36.16 Bn by 2023 – along with 3M Company, STERIS Corporation, Getinge AB, Cantel Medical Corp, etc Players

The Global market for hospital acquired infections was $23.7 billion in 2016 and is expected to reach around $36.16 billion by the end of the forecast period growing at a CAGR of 7.3%.

The market’s driving factors are nature and virulence of the microbial agent, patient susceptibility such as immunity, presence of other diseases, environmental factors such as infected materials and bacterial load in hospitals, crowding, temperature and humidity etc., bacterial resistance to drugs, the age of patient., high prevalence of HAI, lack of awareness, poor training and infection control practices, poor hospital infrastructure and regulation, low expenditure on healthcare, rise of chronic diseases with prolonged stay in hospitals etc.

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The market is expected to experience induced demand for treatment and diagnosis from the developing regions. Poor healthcare infrastructure and lack of proper hygiene in healthcare institutions in developing and underdeveloped economies is a major cause of increase HAIs. However, installation of sterilization equipment and decline of hospital acquired infections in developed countries hamper the growth of the market. Technological advancements such as sterilization technology, increasing usage of disposables in healthcare, and increasing awareness regarding hospital acquired infections are likely to restrain the growth of the market. New guidelines and regulations aimed at curbing and preventing hospital acquired infections also limit the growth of the market.

Key Players for Global Hospital Acquired Infections Market

Some of the key players in this market are: Advanced Sterilization Products, 3M Company, Becton Dickinson and company, STERIS Corporation, Getinge AB, Cantel Medical Corp., Belimed AG, and others.

Hospital Acquired Infections Industry Updates

In June 2018, Zurex Pharma, a developer of antimicrobial products for hospital acquired infections raised USD 9 Million to fight hospital acquired The company plans to invest the sum in the development of ZurexPrep, a pre-surgical skin preparation.
In May 2018, PCT LTD, formerly Bingham Canyon Corporation, launched a novel disinfecting system that is designed to reduce hospital acquired Annihilyzer® Infection Control System is created through electrolytic process and is devoid of any harsh or toxic chemicals.
Regional Analysis for Global Hospital Acquired Infections Market

The prevalence of HAI is greater in Mediterranean and Southeast Asia. Nations are close to the extreme north of the Northern Hemisphere have the least prevalence of HAI such as Norway. Globally America is the largest market for Hospital Acquired Infections Market which is expected to reach around $12 billion by the end of the forecast period 2022.The growth of this market has started since 2016 thus, growth period of this market can be stated as 2016 to 2022. Europe is the second largest market for hospital acquired infections. Asia Pacific region is expected to be fastest growing region in Hospital Acquired Infections Market.

Segments for Global Hospital Acquired Infections Market

Global Hospital Acquired Infections Market has been segmented on the basis of pathogen types which comprises of viral, bacterial and fungal. On the basis of method of treatment the market is segmented into sterilization, chemical, radiation and on the basis of infection type market is segmented into urinary tract infections, blood stream infections, surgical site infections, gastrointestinal infections, and respiratory infections.

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Some Brief Table of Contents of Report

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope Of The Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

4.1 Drivers

4.2 Restrains

4.3 Opportunities

4.4 Challenges

4.5 Macroeconomic Indicators

TOC Continued…

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