Press release
Global Hospital-Acquired Infection Control Market: Strong Growth Forecasted with Key Trends, Major Players, and CAGR of 5.5% by 2029
The continual increase in global hospital-acquired infections is driving the rapid growth of the hospital-acquired infection control market. Potent factors manipulating this growth include the spike of antibiotic resistance, regulatory stringency, globalization of infectious diseases and patient safety initiatives.What Is The Projected Market Size Of The Global Hospital-Acquired Infection Control Market And Its Growth Rate?
The global hospital-acquired infection control market has demonstrated steady expansion over recent years. Crucial statistics are:
•2024 Market Size: $34.59 billion
•2025 Market Size: $35.86 billion with a CAGR of 3.7%
•2029 Projected Market Size: $44.42 billion with a CAGR of 5.5%
Rising threats of multidrug-resistant pathogens, pandemic preparedness, heightened surveillance and monitoring, and international collaboration fuel this growth.
What Is Driving The Growth In The Hospital-Acquired Infection Control Market?
The surge in COVID-19 cases globally is propelling this market's growth. Considering the current pandemic, the demand for hospital-acquired infection control products and services has skyrocketed. To illustrate, as per the World Health Organization, as of 8th August 2022, the global COVID-19 cases have reached a staggering 581.6 million, necessitating the heightened usage of infection control resources thereby driving the growth of the hospital-acquired infection control market.
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Who Are the Key Players Driving Hospital-Acquired Infection Control Market Growth?
Key corporates operating in the hospital-acquired infection control market include:
•Johnson and Johnson
•P&G Professional
•Honeywell International Inc.
•MMM Group
•3M Company
•Becton Dickinson and Company
•Reckitt Benckiser Group plc.
•Ecolab Inc
•Olympus Corporation
•Miele Group
•Biomerieux SA
•Getinge AB
What Are The Key Trends In The Hospital-Acquired Infection Control Market?
The following significant trends are expected in the forecast period:
•Adoption of Real-Time Location Systems (RTLS)
•Integration of Artificial Intelligence (AI) for surveillance
•Shift towards single-use and disposable devices
•Emphasis on staff training and education
•Increased utilization of disinfection technologies
What Are The Segments Of The Global Hospital-Acquired Infection Control Market?
The market is segmented based on:
1) Product: Sterilizers, Disinfectors, Endoscope Reprocessors, Microbial Testing Instruments, Consumables, Disinfectants, Infection Prevention And Surveillance Software, Other Products
2) Technology: Phenotypic Methods, Genotypic Methods
3) Diseases: Hospital Acquired Pneumonia, Bloodstream Infections, Surgical Site Infections, Gastrointestinal Infections, Urinary Tract Infection, Other Diseases
4) Application: Disease Testing, Drug-Resistance Testing
5) End User: Hospitals, ICUs, Ambulatory Surgical, Diagnostic Centers, Nursing Homes, Maternity Centers, Other End Users
Which Region Leads The Hospital-Acquired Infection Control Market?
North America dominated the hospital-acquired infection control market in 2024, with Asia-Pacific expected to be the fastest-growing region in the forecast period. The regions analyzed in this report encompass Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East and Africa.
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What Is Covered In The Hospital-Acquired Infection Control Market Global Market Report?
- Market Size Analysis: Analyze the Hospital-Acquired Infection Control Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Hospital-Acquired Infection Control Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Hospital-Acquired Infection Control Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Hospital-Acquired Infection Control Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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