Infection Control Market Size, Share, Report, Analysis, Trends & Forecast to 2026

According to Stratistics MRC, the Global Infection Control Market is accounted for $14.4 billion in 2017 and is expected to reach $27.1 billion by 2026 growing at a CAGR of 7.3% during the forecast period.

The growth of infection control market is mainly driven by increasing prevalence of medical infections, rising incidences of chronic disorders, growing geriatric population, and rising focus on sterilization among pharmaceutical companies, hospitals, & medical device manufacturers. Furthermore, increasing use of e-beam sterilization, rising awareness among emerging market such as China, India, Russia, & countries in Latin America, and rising government support towards infection control are some of the factors boosting the market growth. However, the harmful effects of ethylene oxide and strict guidelines for sterilization manufacturers are the factors that hampering the infection control market to some extent.

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Infection control refers to policies and procedures used to minimize the risk of spreading infections, especially in hospitals and human or animal health care facilities. Various kinds of infections are eye infections, skin infections, hospital-acquired infections, common childhood infections, ear infections and other infections. With certain safety measures, these infections can be prevented and controlled. The most effective way to prevent hospital-acquired infections is proper hand washing and some other steps include staying up-to-date with immunizations, keeping hand sanitizers and tissues handy, and covering while coughing and sneezing.

In 2016, consumables segment constituted the largest share of the global infection control market. Consumables are being extensively included in disinfection, sterilization & other control procedures and are indispensable part of the aforementioned procedures, thereby, accounting for a larger share. However, services segment is expected to grow at a significant rate during the forecast period as market players are inclining towards reduction of overall healthcare expenditure. In 2016, hospitals segment held dominant share among end users and is anticipated to attain highest growth rate throughout the forecast period. The substantial share is majorly a consequence of high probability of acquiring infections in hospital premises.

North America accounted for a dominant share in global infection control market due to rising awareness of infection control products, continuous technological developments and new product launches. The Asia Pacific market is expected to exhibit the fastest CAGR throughout the forecast period owing to the growing healthcare expenditure and rising population, across this region.

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Some of the key players profiled in the report include 3M Company, Advanced Sterilization Products, Ahlstrom Corporation, Belimed AG, Cantel Medical Corporation, Ecolab, Johnson & Johnson, Getinge Group, Halyard Health, Inc., Matchana Group, Metrex Research, MMM Group, Pal International, Reckitt Benckiser, Sotera Health, Sterigenics International, STERUS Corporation.

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Products Covered:
• Equipment
• Services
• Consumables

Verticals Covered:
• Hospitals
• Medical Device Companies
• Clinical Laboratories
• Pharmaceutical Companies
• Food Industry
• Other Verticals

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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Organization: Stratistics Market Research Consulting Pvt Ltd

Release ID: 317947