What promotes the growth of Infection Control market?

Infection Control Market Snapshot:

The global infection control market was estimated at USD 19970 million in 2019 and is expected to grow at a 6.9% CAGR during the forecast study period.

The hospital supplies market is anticipated to witness significant growth. Rising cases of minimally invasive surgeries are subsequently driving the demand for disposable medical supplies. Improvement in healthcare infection control standards is prompting the need for effective hospital supplies to secure patient safety.

Increasing cases of surgical and hospital-acquired infections are driving the demand for disposable medical supplies to ensure health and hygiene. Governments across the globe are actively organizing hygiene awareness campaigns to encourage the use of disposable medical supplies. In London, the government has organized glove awareness week to raise awareness about skin safety and proper use of gloves.

Global Infection Control Market is expected to grow at a steady growth during the forecast period 2019-2029, Infection Control Market report offers insights into the latest trends. It summarizes key aspects of the market, with a focus on leading key player’s areas that have witnessed the highest demand, leading regions, and applications. It offers qualitative as well as quantitative information regarding the factors, challenges, and opportunities that will define the growth of the market over 2019-2029. The report aims at historical occurrences, talks about the present status of the industry, and also provides valuable forecast information up to 2029. Every organization partaking within the global production of the Infection Control market products is mentioned during this report, so as to review the insights on cost-effective manufacturing methods, competitive landscape, and new avenues for applications.

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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.

The Infection Control Market report also covers a detailed comprehension of the major geographies present in the market along with the key segments and sub-segments. The report focuses on regional development status, which includes the market size, share, and volume. Each section of the report reveals critical information about the global Infection Control market that could be used to ensure strong growth in the coming years. Our unique blend of primary and secondary research techniques helped us to acknowledge hidden business opportunities available within the global Infection Control market, besides collecting significant insights of market participants and obtaining precise market data. It includes several research studies like manufacturing analysis, absolute dollar opportunity, pricing analysis, company profiling, production and consumption analysis, and market dynamics.

By Services
Contract Sterilization
Ethylene Oxide Sterilization
E-beam Sterilization
Gamma Sterilization
Others
Infectious Waste Disposal

By Consumables
Infectious Waste Disposal
Disinfectants
Sterilization Consumables
Personal Protective Equipment
Others

By End-Use
Hospitals
Medical Device Companies
Clinical Laboratories
Pharmaceutical Companies
Others

Impact of COVID-19 -
COVID-19 has caused severe financial ramifications across the globe. The hospital sector is witnessing a decline in elective services due to rising admission of COVID-19 patients. Private hospitals are severely impacted due to the decline in OPD footfalls. Recently, Apollo Hospitals declared a ‘total crash of the system’ and urged the government to step in. As per the National Association of Accountable Care Organizations, the pandemic is projected to cost the U.S. Medicare between USD 38.5–115.4 billion over the next year.

Growing Domestic Demand and Expanding Pharmaceutical Sector to Drive the Demand for Infection Control in the APAC Region
Asia-Pacific region is anticipated to hold the largest market share in the global Infection Control market during the forecast period 2019-2029. The growth in this region can be attributed to the presence of emerging economies like India, China, Japan, Vietnam, and Indonesia, which account for the largest share in this region. India is one of the largest producers of Infection Control and a major exporter of the product to various countries across the globe. India accounts for around 80% of the world’s exports of Infection Control. The favorable climatic conditions and growth of agricultural inputs and allied services like cold storage and warehousing inIndia are prompting higher production.

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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?

Key Highlights -
The hospital supplies market was valued at USD 35.20 billion in 2019 and is expected to grow with a CAGR of 11.7% during the forecast study period.
The disposable hospital materials dominate the market due to rising awareness regarding cleanliness and hygiene in hospitals.
Asia-Pacific to witness the fastest growth in the market during the forecast period. The region houses the highest patient pool suffering from chronic diseases.

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.

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This release was published on openPR.