PUBLISHER: SkyQuest | PRODUCT CODE: 1165289
PUBLISHER: SkyQuest | PRODUCT CODE: 1165289
Global Infection Control Market was valued at USD 204.4 billion in 2021, and it is expected to reach a value of USD 290 billion by 2028, at a CAGR of 6.6% over the forecast period (2022-2028).
An increasing number of surgical operations that require intensive infection control are primarily driving the global infection control market. The high preference is thought to result from the good clinical results brought on by infection control. Because of the rise in demand for sterilization and disinfection in hospitals & clinics, pharmaceutical, and medical device businesses, the COVID-19 pandemic has favorably influenced market growth.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Infection Control Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined by using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to get the final quantitative and qualitative data.
Segments covered in this report:
The global infection control market is segmented based on type, end-user and regions. Based on type the market is further sub segmented into equipment, services and other segments. Based on end-users the market can be segregated into hospitals, medical device companies, clinical laboratories, pharmaceutical laboratories and other sub segments. The regional insights of the market are into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa.
Driver
The market for infection control is expanding as a result of a rise in the outsourcing of sterilization services and the development of cutting-edge sterilizing technologies. One major growth factor is the increasing number of government programs to guarantee a high level of infection prevention.
Restraint
The global market will face hindrances in the coming years as concerns related to reprocessed instruments act as a challenge for manufacturers. Reusable devices used to reduce waste and save money can pose a threat and contain the infection. This might limit its adoption among physicians, administrators, and hospitals. Sterilization of advanced instruments can hinder the market growth during the forecast period.
Market Trends
Government organizations are becoming more actively involved in releasing guidelines to spread knowledge about effective prevention methods around the world, which is anticipated to support market growth over the course of the forecast period. For instance, the World Health Organization (WHO) has published recommendations for the prevention and management of acute respiratory disorders susceptible to pandemics and epidemics in the healthcare setting. The recommendations cover everything from common sense procedures like hand washing and wearing personal protective equipment to rules for disinfection and sterilisation.