Global Infection Control Market 2019 Forecast Analysis by 2029: 3M Company, Belimed AG, Halyard Health etc.
The global infection control market was estimated at USD 19970 million in 2019 and is expected to grow at 6.9% CAGR during the forecast study period.
Infection control is important to prevent infectious diseases, primarily in hospitals and other healthcare facilities, home care, other public places to assure the sterility of that particular object/surface. This market covers various products and services used for the purpose of sterilizing, disinfecting, and cleaning the healthcare settings. In addition to this, the unparalleled amount of devastation caused by the Covid-19 pandemic around the globe has contributed to higher demand for infection control products and services.
Factors such as rising hospital-acquired infections (HAIs), growing prevalence of chronic diseases, technological advancements, accelerating geriatric population, and upward demand for outsourcing of sterilization services globally are driving the market growth for the infection control treatment. However, stringent regulatory requirements and safety concerns associated with reprocessed instruments for this condition are expected to restrain the market growth during the forecast period.
Infection control is important to prevent infectious diseases, primarily in hospitals and other healthcare facilities, home care, other public places to assure the sterility of that particular object/surface. This market covers various products and services used to sterilize, disinfect, and clean in healthcare settings. Besides, the unparalleled amounts of the devastation caused by the Covid-19 pandemic have contributed to higher demand for infection control products and services.
In January 2020, in nine governorates of the Egypt region, the Ministry of Health and Population launched the second phase of the Infection Control Initiative. This kind of support from various government and non-government organizations for the prevention of infection is anticipated to have a significant impact on infection control products. Furthermore, the World Health Organization (WHO) has addresses guidelines for disinfection, sterilization for control of pandemic and epidemic-prone acute respiratory infections in healthcare to promote awareness regarding high-end infection prevention measures worldwide.
HAIs are a nosocomial infection, which arises during a patient's stay at hospitals and other associated facilities and is undetected at the time of admission. These types of diseases include central line-related bloodstream, surgical site, and urinary tract infections associated with catheters, hospital-acquired pneumonia, ventilator-associated pneumonia, and infections associated with Clostridium difficile.
Several experts suggest that the third-party sterilization vendors will increase their focus on becoming end-to-end solution providers to cover cleaning, sterilization, tracking and managing workflow, CSSD layout design, and logistics services. This will drive original equipment manufacturers (OEMs) to embrace value-added services, including inventory management, CSSD integration, and equipment repair, in their portfolio over the traditional product-centered approach. This step would ensure third-party sterilization services in direct contact with key decision-makers for better infection control by opening market expanding avenues.
The hospital segment is accounted for the largest share of the global infection control market in 2019. This is majorly due to the growing adoption of newer and innovative infection control treatment solutions and the probability of acquiring infections in the hospital area. The adoption of a highly efficient infection control system in hospital premises is predominantly due to HAIs that require stringent control. The overall hospital-acquired infections, including ventilator-associated pneumonia, catheter-associated urinary tract infections, and catheter-related bloodstreams are expected to positively influence the adoption of infection prevention measures.
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The Major Prominent Players Covered in this Report:
3M Company, Belimed AG, Halyard Health, Inc., Getinge Group, Advanced Sterilization Products, Matchana Group, Sterigenics International, MMM Group, Cantel Medical Corporation, STERUS Corporation, & More.
NOTE: Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers post the COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.
Heat Sterilization Equipment
Low-Temperature Sterilization Equipment
Radiation Sterilization Equipment
Filtration Sterilization Equipment
Liquid Sterilization Equipment
Ethylene Oxide Sterilization
Infectious Waste Disposal
Infectious Waste Disposal
Personal Protective Equipment
Medical Device Companies
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth rate of Steerable Medical Devices in these regions, from 2019 to 2029, covering:
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Recent Developments -
In December 2018, Ecolab (US) acquired Holchem Group Limited (UK) to strengthen the hygiene and cleaning product portfolio.
In April 2018, MMM Group announced a partnership with ITS Science & Medical to expand its distribution network in Indonesia.
Key Infection Control Market Trends:
- The report identifies, determines, and forecasts the Global Infection Control Market segments based on their type, sub-type, technology used, applications, end-users, and regions.
- Industry to Industry Holds Largest Share in the Infection Control Market
- It examines the micro-markets based on their growth trends, development patterns, future prospects, and contribution to the overall market.
- Demand from Regional / geographical is Expected to Drive the Growth
- Rising Adoption of Market Segments in this Growth
- North American, Europe is Expected to Witness Higher Growth Rate over the Forecast Period
- It studies the competitive developments such as partnerships and collaborations, mergers and acquisitions (M&A), research and development (R&D) activities, product developments, and expansions in the Global Infection Control Market.
Key Questions Answered in The Report:
What will the Infection Control market growth rate?
What are the key factors driving the global Infection Control market?
Who are the key manufacturers in the Infection Control market space?
What are the market opportunities, market risk, and market overview of the Infection Control market?
What are sales, revenue, and price analysis of top manufacturers of the Infection Control market?
Who are the distributors, traders, and dealers of the Infection Control market?
What are the market opportunities and threats faced by the vendors in the global Steerable Medical Devices Industry?
What are sales, revenue, and price analysis by types and applications of the Infection Control Industry?
What are sales, revenue, and price analysis by regions of Infection Control industry?
What are the driving factors contributing to market growth during the short, medium, and long term?
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