UV Infection Control Devices Market Size 2020, Share, Global Industry Analysis, Scope, key players And Forecast 2026

According to the report, the global UV infection control devices industry was pegged at $317.4 million in 2018, and is expected to hit $524.8 million by 2026, registering a CAGR of 6.5% from 2019 to 2026.

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The report offers a detailed segmentation of the global UV infection control devices market on the basis of type, end user, and region. Based on type, the mobile segment held more than two-fifths of the total market share in 2018, and is expected to maintain its lead position throughout the forecast period. Moreover, this segment is expected to maintain its fastest CAGR of 7.3% from 2019 to 2026. The research also analyzes segments including stationary and others.

Based on end user, the hospitals segment contributed to the highest share of the total market, accounting for nearly half of the global market in 2018, and is estimated to maintain its dominant position in terms of revenue by 2026. Moreover, this segment is estimated to register the fastest CAGR of 6.8% during the forecast period. The report also discusses segments including clinics and others.

Based on region, North America held the highest market share in terms of revenue, contributing to more than two-fifths of the total market share in 2018, and is estimated to maintain its highest share throughout the forecast period. However, Asia-Pacific is expected to witness the highest CAGR of 8.1% from 2019 to 2026. The research also analyzes segments including Europe and LAMEA.

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Major Key Players: -

Some of the key players operating in the UV infection control devices market are CVS Health Corporation, DocMorris, Express Scripts Holding Company, Giant Eagle Inc., Optum Rx Inc., Rowlands Pharmacy, The Kroger Co., Walgreen Co., Walmart Stores Inc., and Apollo Pharmacy.
Various strategies adopted by these companies to gain stronghold of the market include partnerships, collaborations, approvals, mergers & acquisitions, joint ventures, expansions, and others.

The leading companies in Global UV Infection Control Devices Market are analyzed in the report along with their business overview, operations, financial analysis, SWOT profile and UV Infection Control Devices products and services.
The report lays emphasis on the key trends and opportunities that may emerge soon and positively impact the overall industry growth. Additionally, challenges and restraining factors that are likely to curb the growth in the years to come are put forth by the analysts to prepare the manufacturers for future challenges in advance.

Key Benefits: -

o The report presents the market analysis of the global UV Infection Control Devices Market along with the regional trend and future estimations
o It provides extensive information about the market segments from 2019 to 2027 to understand the market dynamics.
o The key factors that drive, hamper, or provide opportunities to the market are provided in the report
o Competitive landscape of the industry along with the profile analysis of market players is provided in the report.

North America to retain its dominance in terms of revenue-

Based on geography, North America accounted for more than two-fifths of the global UV infection control market revenue in 2026, and is projected to maintain the lion's share from 2019 to 2026. The region is anticipated to maintain its dominance throughout the forecast period. This is attributed to the rise in the number of cases of HAIs and presence of key players lead to easy availability of these devices in this region. On the other hand, the region across Asia-Pacific is expected to manifest the fastest CAGR of 8.1% from 2020 to 2027. This is due to the improvements in health standards, surge in disposable incomes, and advancements in technology for the development of new UV infection control devices in this region.

The mobile segment to lead the trail by 2027-

Based on type, the mobile segment contributed to more than two-fifths of the global UV infection control market share in 2018. The segment is expected to rule the roost till 2026. In addition, the same segment would cite the fastest CAGR of 7.3% throughout the forecast period. This is attributable to surge in the prevalence of hospital-acquired infections across the globe and benefits associated with mobile UV infection control devices.

The end user segment to dominate during the estimated period-

Based on end user, the hospital segment held the major share in 2018, generating nearly half of the global UV infection control market. The segment is anticipated to maintain its dominance throughout the forecast period. Moreover, the same segment would showcase the fastest CAGR of 6.8% during the study period. This is attributed to the fact that hospitals receive different types of patients that require surgeries, which leads to increase the adoption of UV infection control devices and therefore drives the growth of the segment.

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