Infection Control Market in terms of revenue was estimated to be worth $50.0 billion in 2022 and is poised to reach $58.3 billion by 2027, growing at a CAGR of 3.1% from 2022 to 2027 according to a new report by MarketsandMarkets™. High incidence of hospital-acquired infections, the increasing number of surgical procedures, the growing geriatric population and the increasing incidence of chronic diseases are the factors attributing to the growth of infection control market.
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The infection control market encompasses a wide range of products and services aimed at preventing and managing infections in various healthcare settings. These include hospitals, clinics, ambulatory surgical centers, and long-term care facilities. The market is driven by several key factors that contribute to its revenue growth.
Some of the trends and drivers in the infection control market:
- Increasing Awareness and Emphasis on Infection Control
- Stringent Regulatory Guidelines
- Technological Advancements
- Growing Healthcare Infrastructure
- Increasing Prevalence of Infectious Diseases
- Growing Aging Population
Overall, the infection control market is witnessing significant growth due to increasing awareness, regulatory guidelines, technological advancements, expanding healthcare infrastructure, prevalence of infectious diseases, and the aging population. These factors collectively drive the demand for infection control products and services, leading to revenue growth in the market.
Restraints:
- Concerns regarding safety of reprocessed instruments
- Adverse effects of chemical disinfectants
- High cost of endoscopy reprocessing and limited reimbursements in developing countries
Opportunities:
- Growing number of medical device and pharmaceutical companies in emerging economies
- Increasing use of E-beam sterilization
- Reintroduction of ethylene oxide sterilization
- Growing healthcare industry and outsourcing of operations to emerging countries
Challenges:
- Sterilization and disinfection of advanced medical instruments
- Development of alternative technologies for surface disinfection
- Rising adoption of single-use medical nonwovens and devices
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Asia Pacific is to witness the highest growth during the forecast period.
The Asia Pacific infection control market is expected to grow at the highest CAGR during the forecast period of 2022-2027. The high growth rate of this market can be attributed to the rising number of surgical procedures conducted annually, favorable government regulations, the increasing number of hospitals, the growing medical tourism industry, and the large patient population.
Key Market Players:
The prominent players in this market are Steris Plc (US), Getinge AB (Sweden), Ecolab, Inc. (US),3M Company (US), Advanced Sterilization Products (US), Sotera Health Company (US), MMM Group (Germany), Matachana Group (Spain), Belimed AG (Switzerland), Metrex Research LLC (US), Reckitt Benckiser (UK), Pal International (UK), and Melag Medizintechnik GmbH & Co. KG (Germany).
STERIS plc focuses on infection prevention and markets an array of products and services, including microbial reduction of medical devices, dental instruments and tools, laboratory testing services, outsourced reprocessing, automated endoscope reprocesses, contract processing services using gamma irradiation, electron beam processing, and EtO technologies.
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