Press release
Infection Prevention Market: Size, Trends, Analysis, and Forecast for 2024-2033
Infection Prevention Market
The Business Research Company presents an extensive market research report on the Infection Prevention Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The infection prevention market size has grown steadily in recent years. It will grow from $41.64 billion in 2023 to $43.40 billion in 2024 at a compound annual growth rate (CAGR) of 4.2%. The growth in the historic period can be attributed to increasing awareness of healthcare-associated infections (HAIS), stringent regulatory guidelines, advancements in technology, globalization and international travel, and rising healthcare expenditure.
The infection prevention market size is expected to see steady growth in the next few years. It will grow to $50.21 billion in 2028 at a compound annual growth rate (CAGR) of 3.7%. The growth in the forecast period can be attributed to emerging infectious diseases, technological innovations, global population growth, and rise in ambulatory care services. Major trends in the forecast period include telemedicine and digital health solutions, personalized infection prevention, increased use of artificial intelligence (ai), rapid diagnostics, and focus on behavioral interventions.
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Key Market Players:
Major companies operating in the infection prevention market report are Cardinal Health Inc., 3M Company, Stryker Corporation, Reckitt Benckiser Group plc, Ecolab Inc., B. Braun Melsungen AG, The Clorox Company, Olympus Corporation, Fortive Corporation, Steris PLC, Genitge AB, Sotera Health Inc., Belimed AG, Coltene Group, Steelco S.p.A., Skytron LLC, Melag Medizintechnik GmbH & Co. KG, Metrex Research, Pal International, Cisa Production S.r.l. Unipersonale , Covalon Technologies Ltd., Biosafe Systems LLC, Terragene SA, Micro-Scientific LLC , Matachana SA
Market Drivers:
The increase in the incidence of hospital-acquired infections is expected to fuel the growth of the infection prevention market going forward. Hospital-acquired infections refer to infections that patients acquire while receiving healthcare treatment in a hospital or other healthcare facility. Infection prevention strategies address hospital-acquired infections (HAIs) by implementing a range of measures designed to minimize the risk of infections and enhance patient safety. For instance, in December 2023, according to the Australian Institute of Health and Welfare, an Australia-based government agency, during 2021-22, hospitals reported 1,546 Staphylococcus aureus bloodstream infection (SABSI) cases, equating to a rate of 0.73 cases per 10,000 patient days. Further, MSSA infections were slightly higher at 0.62 per 10,000 patient days, compared to 0.61 in 2020-21. Therefore, the increase in the incidence of hospital-acquired infections is driving the growth of the infection prevention market.
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https://www.thebusinessresearchcompany.com/report/infection-prevention-global-market-report
The infection prevention market covered in this report is segmented -
1) By Product: Sterilization Equipment, Disinfectors, Consumables
2) By Infection Type: Microbial Infections, Healthcare Associated Infections
3) By End User: Hospitals And Clinics, Pharmaceutical Companies, Clinical Laboratories, Medical Device Companies, Life Science Industry, Academic And Research Center
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