Infection Control Market | Ongoing Trends and Recent Developments | Major Key Players like Getinge AB (Sweden), STERIS plc. (US), Advanced Sterilization Products (US), 3M Company (US)

Factors such as the growing focus on food sterilization and disinfection; technological advancements in sterilization equipment; and the increasing outsourcing of sterilization services among pharmaceutical companies, hospitals, and medical device manufacturers are expected to drive the global Infection Control Market.

What the Market Looks Like?

Predicted to grow at a CAGR of 6.6% during the forecast period, the Global Infection Control Market is estimated to reach USD 27.5 Billion by the end of 2024.

On the basis of type, the cleaning and disinfection products market is segmented into disinfectants, cleaning and disinfection equipment, lubricants, cleaning solutions, and disinfection and cleaning accessories. In 2019, the disinfectants segment is expected to grow at the highest CAGR during the forecast period. The high growth of this segment is majorly due to the growing demand for these products in various end-user segments. The demand for disinfectants is also rising in the food industry, owing to the high risks associated with foodborne pathogens and bacterial and viral food-related infections

On the basis of type, the sterilization equipment market is categorized into heat sterilization, low-temperature sterilization, filtration sterilization, radiation sterilization, and other sterilization equipment. The heat sterilization segment is expected to hold the largest share in the Infection Control Market in 2019 mainly due to its wide applications, ease of set-up, recurrent usability, and cost-effectiveness. Moist heat sterilization is among the oldest sterilization techniques in the medical and food industries. Moist heat sterilizers are used to sterilize equipment used in microbiology, medicine, veterinary sciences, mycology, dentistry, and prosthetic fabrication, as well as the food processing industry.

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What Drives the Market?

The growth of the global market for infection control is primarily influenced by the following factors:

• High Incidence of Hospital-Acquired Infections
• Increasing Number of Surgical Procedures
• Growing Geriatric Population and Increasing Incidence of Chronic Diseases
• Growing Focus on Food Sterilization and Disinfection
• Technological Advancements in Sterilization Equipment
• Increasing Outsourcing of Sterilization Services Among Pharmaceutical Companies, Hospitals, and Medical Device Manufacturers

Geographical growth scenario of Infection Control Market:

The APAC is expected to grow at the highest CAGR during the forecast period. The growing economies in China and India, rising incidence of nosocomial infections, growth in the pharmaceutical and medical device industries, and improved healthcare infrastructures in Southeast Asian countries form major factors driving market growth. In addition, the region’s growing medical tourism — especially for cardiovascular, orthopedic, oncology, and fertility treatments — is expected to increase the need for proper infection control in healthcare setups. The Asian market is expected to witness a steady year-on-year growth owing to increasing regional awareness about infection control.

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Leading market players and strategies adopted:

The prominent players in the Infection Control Market include Getinge AB (Sweden), STERIS plc. (US), Advanced Sterilization Products (US), 3M Company (US), Belimed AG (Switzerland), Cantel Medical Corporation (US), MMM Group (Germany), Matachana Group (Spain), Sotera Health LLC (US), Ecolab, Inc. (US), Metrex Research Corporation (US), Reckitt Benckiser Group Plc. (UK), Miele Group (Germany), Melag (Germany), and Pal International (UK). Product launches and acquisition are the main strategies adopted by these players to strengthen their position in the market.

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