The growth of the infection control market can be attributed to the factors such as the increasing demand of sterilization and disinfection products among pharmaceutical companies, hospitals, and medical device manufacturers; increasing prevalence of hospital-acquired infections; growing number of surgical procedures, rising focus on food sterilization and disinfection, and the increasing cost burden due to rising geriatric population and incidence of chronic diseases.
Breakdown of Primary Interviews for Infection Control Market
Based on product and service, the disinfection products dominated the infection control market in 2016. The large share of the disinfection products market can be attributed to the large-scale use of disinfectors and medical non-wovens in the healthcare industry. Furthermore, the factors such as the rapidly growing geriatric population, growing incidences of chronic diseases and pandemics (such as H1N1), and the increasing number of surgeries performed across the globe are further propelling the growth in this market.
By type, the disinfectants accounted for the largest share of the disinfection products market in 2016. The increasing demand for disinfection of hospital areas, the need for reducing cross-contamination in pharmaceutical and food industries, and the wide adaptability of these products for controlling the spread of HAIs are the key factors supporting the growth of this market.
By type, the sterilization equipment segment dominated the sterilization products and services market in 2016. The large share of this market is mainly attributed to the rising regulatory concerns and government initiatives for sterilization in various life sciences, pharmaceuticals, and food and beverage industry, growing incidence of HAIs, and growing number of surgeries performed globally. Furthermore, the introduction of new products and regulatory approvals of innovative technologies also serves to support market growth.
Infection Control Market by Region
In 2016, North America dominated the global market. The growth in this market can mainly be attributed to the rising incidence of HAIs, increasing cost burden due to rising geriatric population and incidence of chronic diseases, rising focus on food sterilization and disinfection, growth in the number of surgeries performed in the US, and growing intensity of industry competitiveness.
The Asia Pacific region is expected to grow at the highest CAGR during the forecast period. High growth in Asia Pacific region is largely driven by rising incidence of HAIs and increasing medical tourism in emerging countries such as China and India. Furthermore, the growing economies of China and India, increasing incidence of nosocomial infections, and improved healthcare infrastructure in Asian countries are further boosting the infection control products and services in this region during the forecast period.
Factors such as the concerns regarding the safety of reprocessed instruments and the stringency in regulations for sterilization equipment manufacturers and service providers are likely to hinder the growth of the infection control market to some extent.
The players in the infection control market include STERIS (UK), Getinge (Sweden), Cantel Medical (US), Ecolab (US), 3M (US), Sotera Health (US), Advanced Sterilization Products (US), MMM Group (Germany), Matachana (Spain), Belimed AG (Switzerland), Halyard Health (US), Metrex Research (US), Reckitt Benckiser (UK), and Pal Internation (UK).
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