2024 Infection Prevention Market Report : Market Size, Growth Drivers, And Key Trends | Cardinal Health Inc., 3M Company, Stryker Corporation, Reckitt Benckiser Group plc

"The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Infection Prevention Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $50.21 billion In 2028 At A CAGR Of 3.7% :

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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Infection Prevention Market Major Segments
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

Key Driver - Growing Hospital-Acquired Infection Rates Boost Demand For Infection Prevention Solutions

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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Prominent Trend - Strategic Staffing Innovations In Infection Control

Major companies operating in the infection prevention market are developing innovative products, such as infection preventionist staffing calculators, to provide reliable services to customers. An infection preventionist staffing calculator is a tool used to estimate the appropriate number of infection preventionists needed in a healthcare facility based on variables such as the number of beds, patient acuity, and facility type. For instance, in December 2023, the Association for Professionals in Infection Control and Epidemiology (APIC), a US-based organization dedicated to advancing infection prevention and control practices, launched an infection preventionist staffing calculator. This tool assists healthcare facilities like hospitals and clinics in calculating the necessary number of infection preventionists (IPs), enhancing patient safety through optimal staffing. Data from these facilities will be used to refine this tool, ensuring precise staffing guidance.

Infection Prevention 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

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Largest And Fastest Growing Region In The Market
North America was the largest region in the infection prevention market in 2023. The regions covered in the infection prevention market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Infection Prevention Market Report Structure
3. Infection Prevention Market Trends And Strategies
4. Infection Prevention Market - Macro Economic Scenario
5. Infection Prevention Market Size And Growth
…..
27. Infection Prevention Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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