Hospital Acquired Infection Control Market Expected to Surpass US$ 10 Billion by 2033: Persistence Market Research

Hospital-acquired infections (HAIs) remain one of the most significant challenges for healthcare systems worldwide. The increasing prevalence of these infections has raised alarms for both healthcare providers and patients, leading to a surge in demand for hospital-acquired infection control solutions. The Hospital Acquired Infection Control Market is poised for substantial growth, driven by rising awareness, technological advancements, and government initiatives aimed at reducing healthcare-associated infections.

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Overview of the Market

The hospital-acquired infection control market is a vital segment of the broader healthcare industry. In 2022, the global market was valued at US$ 6.6 billion, and it is projected to grow at a CAGR of 3.9% from 2023 to 2033, reaching US$ 10.1 billion by 2033. This market is essential for reducing the transmission of infections in healthcare settings, which can have devastating consequences for patients. As the prevalence of infectious diseases continues to rise, the demand for infection control equipment, such as disinfection products, sterilization devices, and hand hygiene systems, is escalating.

One of the leading drivers behind the market's growth is the increasing public awareness of hospital-acquired infections. Various studies have highlighted the growing concerns about healthcare-associated infections, which affect millions of patients every year. In addition, the rapid adoption of advanced technologies in healthcare systems worldwide has made infection control more sophisticated, further contributing to the market's growth. According to Persistence Market Research, disinfection equipment is set to hold the largest market share, contributing 50.3% of the total market value in 2023. The United States is expected to be the leading geographical region, with a projected market share of 33.9% in 2023.

Key Highlights from the Report:

➤ The global hospital-acquired infection control market was valued at US$ 6.6 billion in 2022.
➤ The market is expected to grow at a CAGR of 3.9% from 2023 to 2033.
➤ Disinfection equipment will dominate the market with a share of 50.3% in 2023.
➤ The United States holds a dominant share of 33.9% in the global market for infection control equipment.
➤ The hospital sector remains the largest end-user, holding a 32.1% share in 2023.
➤ The demand for nosocomial infection control equipment is expected to rise significantly due to the growing awareness of health issues.

Market Segmentation

The hospital-acquired infection control market is segmented based on product type, end-user, and geographical regions. The most prominent segment in terms of market share is disinfection equipment, which accounts for over 50% of the market. This includes various products such as UV disinfection systems, air purifiers, and surface sterilizers used in hospital settings to control infections.

The end-user segment is primarily driven by the hospital sector, which is expected to maintain a dominant position due to the increasing number of surgeries performed worldwide and the rise in chronic diseases. Additionally, the surge in outpatient services and the growing elderly population are expected to further propel the demand for infection control equipment in hospitals and clinics. In the coming years, other healthcare facilities like long-term care homes and ambulatory surgery centers are also expected to contribute significantly to the market's expansion.

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Regional Insights

The United States is expected to maintain a leading position in the hospital-acquired infection control market, capturing a significant share due to its advanced healthcare infrastructure and the high demand for infection control products. The rise in healthcare-associated infections and government programs focused on strengthening infection control systems are crucial factors behind this growth.

On the other hand, the Asia Pacific region, particularly China and India, is also emerging as a rapidly growing market for infection control. In China, the increasing public awareness about healthcare-associated infections and government support for infection control programs are driving the market. India, with its expanding healthcare infrastructure and growing demand for infection control products, presents a high-growth opportunity for key players in the market.

Market Drivers

The hospital-acquired infection control market is primarily driven by the increasing prevalence of infectious diseases and the need for sterilization and disinfection solutions. With healthcare facilities dealing with a rising number of chronic and infectious diseases, the need for effective infection control systems has never been higher. Furthermore, the adoption of advanced technologies such as ultraviolet (UV) sterilization, advanced cleaning systems, and automated infection control solutions has helped propel the market's growth.

Increased public awareness about the risks associated with healthcare-associated infections, coupled with stringent government regulations for infection control, has further pushed the demand for these solutions. The World Health Organization (WHO) and other regulatory bodies have implemented guidelines to prevent and control hospital-acquired infections, which in turn support market growth.

Market Restraints

Despite the favorable market conditions, certain challenges may hinder the growth of the hospital-acquired infection control market. One significant restraint is the high cost of advanced disinfection and sterilization equipment, which may limit adoption in underdeveloped regions. The lack of skilled professionals to handle complex infection control systems also poses a challenge in the effective implementation of these solutions.

Moreover, there is a growing concern about the availability of sufficient resources and infrastructure to guarantee the effectiveness of infection control measures. Reprocessing medical devices, such as endoscopes, remains a complex issue that poses a potential barrier to ensuring complete sterilization.

Market Opportunities

The increasing number of surgical procedures and the rise in outpatient services create significant opportunities for the hospital-acquired infection control market. As the healthcare landscape evolves, with more emphasis on minimally invasive procedures and the rise of ambulatory surgery centers, the demand for advanced infection control solutions is likely to increase.

Additionally, emerging markets, especially in Asia and Africa, present promising opportunities due to their rapidly developing healthcare infrastructure and growing awareness of infection prevention. Manufacturers focusing on these regions by offering cost-effective and scalable solutions will benefit from the untapped potential in these markets.

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Reasons to Buy the Report:

✔ Gain an understanding of the global hospital-acquired infection control market dynamics, trends, and forecasts.
✔ Identify key drivers, restraints, opportunities, and challenges in the market.
✔ Assess the competitive landscape with insights into market leaders and recent developments.
✔ Understand regional and country-specific trends shaping market growth.
✔ Make informed business decisions with actionable insights based on comprehensive research.

Company Insights

Several key players dominate the global hospital-acquired infection control market. Some of the prominent companies operating in the market include:

✦ Olympus Corporation
✦ Medivators Inc. (Cantel Medical Corp.)
✦ Getinge Group
✦ STERIS Plc.
✦ Belimed AG (Metall Zug)
✦ Steelco S.P.A.
✦ Pfizer Inc.
✦ F. Hoffmann-La Roche Ltd
✦ Merck & Co.
✦ Advanced Sterilization Products Services Inc. (Johnson & Johnson)
✦ Abbott Laboratories
✦ Bayer AG
✦ Alere Inc.
✦ The 3M Company
✦ Cepheid Inc.
✦ UVision360 Inc.

Recent Developments:

UVision360 Inc. launched its new LUMINELLE DTx System in July 2021, a reprocessing system that enhances infection control measures.

STERIS Plc. acquired Cantel Medical in June 2021 to expand its infection control portfolio for various healthcare sectors, including endoscopy and dental care.

Conclusion

The hospital-acquired infection control market is set to experience steady growth in the coming years. Driven by technological advancements, government regulations, and increased awareness, the market presents significant opportunities for businesses and healthcare professionals to reduce the impact of healthcare-associated infections. Key regions, particularly the United States and Asia Pacific, will continue to play a crucial role in shaping the market's trajectory. As the healthcare sector continues to evolve, infection control will remain a key focus for improving patient outcomes and enhancing the overall quality of care.

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