Global Infection Control Market Size 2024, Forecast To 2033
6 Mar, 2024
The infection control market size has grown strongly in recent years. It will grow from $119.1 billion in 2023 to $126.25 billion in 2024 at a compound annual growth rate (CAGR) of 6.0%. The growth in the historic period can be attributed to healthcare-associated infections (HAIs), stringent regulatory standards, rising awareness of infectious diseases, globalization and travel, increased healthcare expenditure. The infection control market size is expected to see strong growth in the next few years. It will grow to $164.6 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to pandemic preparedness, growing healthcare infrastructure, rising antimicrobial resistance, evolving regulatory landscape, public health initiatives. Major trends in the forecast period include technological integration in healthcare, technological innovations in infection control products, technological advancements in disinfection, increased emphasis on hand hygiene, rapid sterilization techniques.
Global Infection Control Market Key Driver
The increasing incidence of hospital-acquired infections is expected to propel the growth of the infection control market. Healthcare-associated infections, also known as hospital-acquired infections, refer to one that is contracted while a patient is there or in another healthcare facility. These infections include bloodstream infections linked to central-line catheter-associated urinary tract infections. Infection control prevents hospital-acquired infections from one-to-one transmission of communicable diseases through high-level services, hygiene and sterilization services, so the ease factor boosts the infection control market. For instance, in May 2022, according to the reports by the World Health Organization, a Switzerland-based health agency, more than 24% of patients worldwide were affected by healthcare-associated infections in 2022. Furthermore, according to the Centers for Disease Control and Prevention (CDC), a US-based government agency, in the US, there were estimates that hospital-acquired infections accounted for an estimated 1.7 million infections and 99,000 associated deaths each year, and additionally, 32% of all healthcare-acquired infections in the US by 2022. These numbers are expected to rise in the future. Therefore, the increasing incidence of hospital-acquired infections drives the infection control market.
Get A Free Sample Of The Global Infection Control Market ReportGlobal Infection Control Market Segments
The infection control market covered in this report is segmented –
1) By Type:Disinfectors, Sterilization, Equipment, Consumables And Accessories, Services
2) By Distribution Channel: Direct Tender, Retail Sales, Third Party Distributors
3) By Application: Surgical Instruments, Endoscopes, Ultrasound Probes, Other Applications
4) By End User: Hospitals And Clinics, Medical Device Companies, Pharmaceutical Companies, Life Science Industry, Food Industry, Other End Users
By Geography:The regions covered in the infection control market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
North America was the largest region in the infection control market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global infection control market report during the forecast period. The regions covered in the infection control market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Infection Control Industry Players
Belimed AG, 3M Company, Ecolab Inc., Advanced Sterilization Products Services Inc., Getinge AB, Matachana Group, Miele Group, Sotera Health Inc., Steris plc., Reckitt Benckiser Group plc., Pal International, Metrex Research LLC, Stryker Corporation, B. Braun Melsungen AG, Olympus Corporation, Fortive Corporation, Cantel Medical Corporation, MELAG Medizintechnik GmbH & Co. KG, The HUBSCRUB Company, Daniels Corporation International Pty. Ltd., TMG Health Technologies, 4M Building Solutions, Infection Control Consulting Services, Becton Dickinson and Company, Infection Control Results, Sterigenics International LLC, Bioquell Inc., Sterilmed Inc., Conmed Corporation, Johnson & Johnson
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Infection Control Market Overview
Infection control refers to the practice of preventing or halting the spread of illnesses in healthcare settings and other environments where the risk of infection is high. It provides a high level of protection for patients, medical personnel, and others in healthcare settings and prevents the one-to-one transmission of communicable diseases.
Infection Control Global Market Report 2023 provides data on the global infection control market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The infection control market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.