Infection Control Market Worth US$ 17.78 Billion by 2024 - Emerging Trends, Industry Forecast, Segmentation and Top Technologies

In infection control market report segmented on the basis of product type, end user, and geography. On the basis of products, market segmented into disinfection products and sterilization products. Geographically, global infection control market segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa

Key infection control market player’s analysis and forecast covered are as follows 3M Company (U.S.), Belimed AG (Switzerland), Halyard Health, Inc. (U.S.), Getinge Group (Sweden), Advanced Sterilization Products (U.S.), STERIS Corporation (U.S.), Sterigenics International, Inc. (U.S.), MMM Group (Germany), Cantel Medical Corporation (U.S.), and Matachana Group (Spain).

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The global infection control market is estimated to grow at a CAGR of 6.5% from 2016 to 2021 to reach USD 17.78 Billion by 2021. Factors such as rising incidence of hospital acquired infections (HAIs), growth in the number of surgical procedures, and rising focus on the need of food sterilization and disinfection are major factors driving the growth of this market.

Key Target Audiences are Sterilization and disinfection equipment and consumables manufacturers, Sterilization and disinfection service providers, Pharmaceutical and biotechnology companies, Hospitals and diagnostic centers, Medical device companies, Food industry, Academic research institutes, Government institutes, Market research and consulting firms and Venture capitalists and investors.

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Geographically, global infection control market segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. North America accounted for largest share of global infection control market, followed by Europe. Asia-Pacific region expected to grow at highest rate during forecast period majorly due to rise in health awareness, growth in per capita income, and improving healthcare infrastructure in the region.

In report, infection control market is segmented on the basis of product type, end users, and geography. The product segment segmented into disinfection products and sterilization products. The disinfection products market is further segmented into disinfectors, endoscope reprocessors, disinfectants, and medical non-wovens. On the other hand, the sterilization products market is segmented into sterilization methods and contract sterilization.

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The disinfection products segment accounted for largest share of the infection control market in 2015. This is majorly attributed to the large-scale use of disinfectors and medical nonwovens in the healthcare industry. Growing emphasis on infection control policies within hospital premises and strengthening of government regulations for quality of healthcare services provided to patients are expected to propel the growth of the sterilization products market.

Sterilization products market is expected to grow at a higher CAGR during the forecast period due to growing emphasis on infection control policies within hospital premises and strengthening of government regulations for quality of healthcare services delivered. Asia-Pacific is expected to be the fastest-growing region during the forecast period, due to rising incidences of HAIs and increasing medical tourism in emerging countries such as China and India.

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