Press release
Infection Control Market to grow further up to USD 42.6 billion by 2031 | STERIS plc. (US), Getinge AB (Sweden), Cantel Medical Corporation (US), Advanced Sterilization Products (US)
New York, Global Infection Control Market was valued at USD 32.0 billion in 2021 and it is anticipated to grow further up to USD 42.6 billion by 2031, at a CAGR of 2.9% during the forecast period.Global Infection Control Market report from Global Insight Services is the single authoritative source of intelligence on Infection Control Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
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Most infections are brought on by microorganisms like bacteria, fungus, viruses, or parasites. There are many various sorts of infections, including those that affect the stomach and intestines, the lungs and respiratory system, the eyes, ears, and skin, as well as those that are spread through sexual activity. Cross-contamination from the patient's skin, medical equipment, and staff can result in these illnesses. Sterilization, cleaning & disinfection products, protective barriers, and endoscope reprocessing items are some of the various kinds of goods and services available to control infections.
Market Trends and Drivers
The number of surgical operations carried out globally has significantly increased over time. Around 235 million major surgical procedures are carried out annually worldwide, according to the WHO (2019). This is ascribed to the rising senior population, the prevalence of obesity and other lifestyle disorders, the rise in spinal injuries, and the rise in sports-related injuries. The demand for various surgical equipment and medical devices used during these procedures has increased as more surgical procedures are being conducted. Due to the established advantages of sterilized items and increased awareness of their efficiency in infection control health settings, this is projected to fuel the need for infection control products and services.
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Global Infection Control Market Segmental Overview
The report analyses the global infection control market based on the products & services, end user, and region.
Global Infection Control Market by Product & Services
Based on the products & services, it is segmented into sterilization products & services, cleaning & disinfection products, protective barriers, endoscope reprocessing products, and others. The protective barriers segment is anticipated to dominate the market during the forecast period. The large share of the protective barrier market can be attributed to the increasing adoption of medical nonwovens, such as face masks and surgical drapes & gown, owing to the current rise in the COVID-19 cases.
Global Infection Control Market by End User
Based on the end user, it is segmented into hospitals & clinics, medical device companies, pharmaceutical companies, life science industry, food industry, and others. The hospitals & clinics end-user segment is anticipated to dominate the market during the forecast period. The increased incidence of HAIs, the rising number of hospitals and clinics around the world, and the growing elderly population are the main factors driving the total demand for infection control in hospitals (as this population segment is more susceptible to various chronic diseases). The expanding number of surgical procedures performed is another important factor in the expansion of the hospital market. A prominent driver of the market sector is the increase in government activities to guarantee a high degree of infection prevention.
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Geographical Analysis of Infection Control Market
Region-wise, it is segmented into studied across North America, Europe, Asia Pacific, and the Rest of the World. The North America region is accounted for the majority of market share during the forecast period. The significant share of the area may be ascribed to the rising focus on healthy lifestyles and disease prevention among consumers, which has led to an increase in the demand for and adoption of sterilization and disinfection products as well as services. The rise in the number of elderly people in the coming years will lead to an increase in the prevalence of chronic diseases, the need for infection control to reduce the prevalence of HAIs, the adoption of positive government initiatives, and strict sterilization and disinfection regulations, and other factors are all driving the infection control market in the region.
Major Players in the Global Infection Control Market
The key players studied in the report are STERIS plc. (US), Getinge AB (Sweden), Cantel Medical Corporation (US), Advanced Sterilization Products (US), 3M Company (US), Belimed AG (Switzerland), 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) among others.
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