Infection Control Market worth $58.3 billion by 2027 | Rising Healthcare Expenditure Fuels Growth

Infection Control Market worth $58.3 billion by 2027 | Rising Healthcare Expenditure Fuels Growth
Infection Control Market Revenue Trends and Growth Drivers | MarketsandMarkets
Global infection control market plays a crucial role in safeguarding public health and preventing the spread of infectious diseases.

Infection Control Market is projected to reach USD 58.3 billion by 2027 from an estimated USD 50.0 billion in 2022, at a CAGR of 3.1% during the forecast period. 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 refers to the industry focused on the development, production, and distribution of products and services aimed at preventing and controlling the spread of infectious diseases in healthcare settings, as well as other industries where infection control is crucial.

Infection control plays a vital role in maintaining the safety and well-being of patients, healthcare workers, and the general public. It encompasses a range of measures, including hand hygiene, disinfection, sterilization, waste management, personal protective equipment (PPE), and vaccination programs. These measures are implemented to prevent the transmission of pathogens such as bacteria, viruses, and fungi.

The global infection control market has witnessed significant growth in recent years, driven by increasing awareness about the importance of infection control, rising healthcare expenditure, and the prevalence of healthcare-associated infections (HAIs). Additionally, the COVID-19 pandemic has further emphasized the need for robust infection control practices, leading to a surge in demand for related products and services.

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).

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Key sectors within the infection control market include:

Disinfection and Sterilization: This sector focuses on the development and distribution of disinfectants, sterilizers, and related equipment used to kill or eliminate pathogens on surfaces, instruments, and medical devices.

Hand Hygiene: Hand hygiene products such as soaps, sanitizers, and hand wipes are essential in preventing the transmission of infections. This sector includes manufacturers and suppliers of these products.

Personal Protective Equipment (PPE): PPE includes items like gloves, masks, gowns, and face shields, which protect healthcare workers and other individuals from exposure to infectious agents. The market for PPE has experienced significant growth during the COVID-19 pandemic.

Surveillance and Monitoring: This sector involves the development of technologies and systems to monitor and track infections, identify outbreaks, and ensure compliance with infection control protocols. Examples include electronic surveillance systems and infection control software.

Waste Management: Proper disposal of infectious waste is crucial to prevent the spread of infections. This sector includes companies involved in the collection, treatment, and disposal of biomedical waste.

Vaccines: Vaccination is a crucial aspect of infection control. Companies involved in the development, manufacturing, and distribution of vaccines play a significant role in the market.

Service Providers: Infection control consultants, training programs, and specialized cleaning services are part of this sector, offering expertise and support to healthcare facilities and other industries.

The infection control market is highly competitive and dynamic, with numerous players ranging from multinational corporations to smaller specialized companies. Continuous research and innovation are essential to develop new and improved infection control products and technologies.

Overall, the infection control market is expected to continue growing as the importance of preventing and controlling infectious diseases remains a global priority. The ongoing threat of emerging pathogens and the need to address healthcare-associated infections will drive demand for effective infection control solutions in various industries.

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.

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