Infection Control Market Poised to Generate Substantial Revenue: Factors Explained for the 2023-2029 Period | Pal International (UK), Advanced Sterilization Products (US), Sotera Health Company (US), MMM Group (Germany), Matachana Group (Spain)

The report titled "Market Analysis of Infection Control" offers a comprehensive assessment of the current market conditions by analyzing various factors. In today's rapidly evolving business environment, conducting extensive market research plays a crucial role in making well-informed product decisions, making this report indispensable. It covers market segmentation, which provides a clear understanding of product consumption based on type, application, deployment model, end-user, and geographical region. By utilizing this report, businesses can gain valuable market insights, enabling them to make informed decisions regarding vital strategies. It serves as a reliable source that enhances decision-making processes and improves overall business outcomes. With its thorough analysis and evaluation of the market's status, this report empowers businesses to outperform competitors and effectively adapt to changing market trends.

Download FREE Sample Report @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=1262833

The key players operating in the infection control market include Pal International (UK), Advanced Sterilization Products (US), Sotera Health Company (US), MMM Group (Germany), Matachana Group (Spain), Belimed AG (Switzerland), Metrex Research LLC (US), Reckitt Benckiser (UK), Melag Medizintechnik GmbH & Co. KG (Germany), The Miele Group (Germany), Systec GmbH (Germany), Getinge AB (Sweden), Ecolab, Inc. (US),3M Company (US), MEDALKAN (Greece), Dr. Schumacher GmbH (Germany), Contec,Inc.(US), Continental Equipment Company (US), Steris Plc (US), Acto GmbH (Germany), C.B.M. S.R.L. Medical Equipment (Italy), Spire Integrated Solutions (US), Consolidated Sterilizer Systems (US), Ultrawave (UK), and ARC Healthcare Solutions (Canada).

The infection control market is expected to grow at a CAGR of 3.1% in the forecast period.

The global infection control market is projected to reach USD 58.3 billion by 2027 from an estimated USD 50.0 billion in 2022, at a CAGR of 3.1% during the forecast period. Growth in the infection control market can largely be attributed to factors such as the growing focus on food sterilization and disinfection, rise in surgical procedures, technological advancements in sterilization equipment, and the increasing outsourcing of sterilization services among pharmaceutical companies, hospitals, and medical device manufacturers.

The endoscope reprocessing product is expected to register the highest growth during the forecast period.

Based on product and service, the market is further classified into sterilization products & services, cleaning & disinfection products, protective barriers, endoscope reprocessing products, and other infection control products. The endoscope reprocessing product segment is expected to register the highest growth during the forecast period. The endoscope reprocessing market is witnessing growth due to the growing importance of diagnostic and therapeutic endoscopy procedures, the rising incidence of target diseases, the growing geriatric population and the subsequent increase in endoscopic procedures.

The contract sterilization services accounted for the second largest share of the market during the forecast period.

Based on sterilization products and services, the infection control market is segmented into sterilization equipment, contract sterilization services, and consumables and accessories. In 2021, the contract sterilization services accounted for the second largest share of the sterilization products and services market. The large share of the segment is attributed to the stringent sterilization regulations, high costs involved in in-house sterilization, and cost-containment issues compelling OEMs to reduce in-housework and outsource their sterilization requirements to third-party service providers.

The disinfectants is expected to register the highest CAGR during the forecast period.

Based on cleaning and disinfection products, the infection control market is segmented into lubricants & cleaning solutions, disinfectants, cleaning & disinfection equipment, and disinfection & cleaning accessories. The disinfectants segment is expecte to register the highest CAGR during the forecast period. This can be attributed to growing demand of disinfectants in various end-user segments, their increased usage to disinfect surfaces, patient rooms, operation theaters, hospital premises, and medical equipment in order to reduce the incidence of nosocomial infections, and rise in demand in the food industry, owing to the high risks associated with food-borne pathogens.

The endoscope reprocessing consumables holds the largest market share during the forecast period.

Based on endoscope reprocessing products, the infection control market is segmented into endoscope reprocessing equipment, endoscope reprocessing consumables, and other endoscope reprocessing products. The endoscope reprocessing consumables segment accounted for the largest share of the market during the forecast period. This can be attributed to the surge in endoscopy procedures, increasing awareness on pre-cleaning methods, and rising concerns about HAIs among clinicians.

The hospitals and clinics segment is expected to register the highest growth during the forecast period.

Based on end users, the market is segmented into pharmaceutical companies, hospitals and clinics, medical device companies, life sciences industry, food industry, and other end users (cosmetic industry, manufacturers, the veterinary industry, and other healthcare providers such as long-term care facilities and diagnostic & imaging centers). In 2021, the hospitals & clinics segment is expected to register the highest growth in the market. This can be attributed to the rise in number of surgical procedures performed and the implementation of various government initiatives to ensure a high degree of infection prevention.

Europe accounted for the second largest share of the infection control market in 2021

In 2021, Europe accounted for the second largest share of the infection control market. The region's large share can be attributed to the growing number of surgeries performed annually, primarily due to the rising geriatric population and the growing prevalence of lifestyle diseases such as obesity and CVD. Furthermore, the greater uptake of technologically advanced products in this region supports the growth of this market.

Feel free to ask your queries at https://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=1262833

Reasons to Buy the Report

The report will enrich established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn would helpthem, garner a more significant share of the market. Firms purchasing the report could use one or any combination of the below-mentioned strategies to strengthen their position in the market.

Research Coverage:

The report analyzes the infection control market and aims at estimating the market size and future growth potential of this market based on various segments such as product and services, end user, and region. The report also includes a product portfolio matrix of various infection control products available in the market. The report also provides a competitive analysis of the key players in this market, along with their company profiles, service offerings, and key market strategies.

This release was published on openPR.