Impact of COVID-19 On Infection Control Market Will Grow at a CAGR of 6.3% to Reach $30.9 Billion | Global Opportunity Analysis and Industry Forecast (2019-2027)

"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", published by Meticulous Research®, the infection control market is expected to grow at a CAGR of 7% from 2019 to 2027 to reach $25.0 billion by 2027.

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Infection control is a process of preventing infection through various means. Infections are mainly caused due to various microorganisms, such as bacteria, virus, fungi, etc. These infections are categorized into the stomach and intestinal infections, hospital-acquired infections (HAIs), common childhood infections, ear infections, eye infections, skin infections, lung and respiratory infections, and sexually transmitted infections. In some cases, these infections can be life-threatening, as it worsens the medical condition. According to National Institutes of Health, the U.S. Center for Disease Control and Prevention identified that nearly 1.7 million hospitalized patients annually acquire HAIs while being treated for other health issues. Therefore, the urge for effectively tackling these infections is creating growth opportunities for players to develop effective infection control products and solutions. The growing incidences of hospital-acquired infections, rising number of surgical procedures, and increasing incidence of chronic diseases associated with growing geriatric population are the driving factors for the growth of this 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 products & solutions and end user. The study also evaluates industry competitors and analyzes the market at a regional and country level.

Browse key industry insights spread across 213 pages with 245 market data tables & 26 figures & charts from the AIDC market research report: https://www.meticulousresearch.com/product/infection-control-market-5058/

Based on product type, sterilization products are projected to dominate the infection control market during the forecast period. The increasing cases of hospital acquired infections (HAIs) with increasing number of surgical procedures drive the growth of this segment, as sterilization is the critical procedure for controlling microbial contamination in healthcare facilities. In addition, implementation of strict regulations/standards regarding sterilization and technological advancements contribute to the growth of the segment. On the other hand, the endoscopy reprocessing products segment is expected to register fastest growth during the forecast period. The growth for this segment is mainly attributed to growing importance of diagnostic and therapeutic endoscopy procedures among doctors and surgeons.

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The hospitals and clinics segment is expected to register fastest growth between 2019-2027

Hospitals and clinics are one of the major end users of the infection control products. The hospitals and clinics have highest potential of spreading various types of infections if proper sanitation practice is not followed. Thus, the demand for various disinfection and sterilization products among hospitals and clinics is high, resulting in their greater share in the overall infection control products market.

In terms of end users, the hospitals and clinics segment held the largest share in 2018, owing to growing need to curtail hospital-acquired infections (HAIs) and resultant healthcare expenditure. Growing patient volumes, improper disinfection methods, increasing number of outpatient treatments, and use of medical procedures that bypass the body's natural protective barriers are the major factors driving the cases of HAIs, globally.

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Key Players:

The prominent players operating in the 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).

The report also includes extensive assessment of the key strategic developments adopted by leading market participants in the industry over the past 4 years (2016-2019). The infection control market has witnessed number of new product launches, agreements, and acquisitions in recent years. For instance, in July 2019, Getinge AB (Sweden) Sweden launched steam sterilizer named GSS610H. It has features like automatic or manual loading systems and four different depth chambers to handle large loads. Also, in October 2019, Cantel Medical Corp. (U.S.) acquired Hu-Friedy Mfg. Co., LLC (U.S.) to support the distribution networks by enhancing the supply chain efficiency. This will further strengthen their ties with their customers.

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