Infection Control Market Size and Research 2021, CAGR Status, Growth Analysis by Countries, Development Factors, Business Updates and Strategies Forecast Report 2027: SPER Market Research
The infection control market is commonly propelled by the high prevalence of nosocomial infections and the increasing number of surgeries that demand control measures to stop spreading. Based on the Centers for Disease Control and Prevention (CDC), nearly one in every 20 patients admitted for treatment will develop a nosocomial infection. Hospital-acquired infections result in more than 90,000 deaths per year. In addition, the non-government and government organizations’ initiatives concerning infection control, coupled with the rising control measures by healthcare providers in hospitals, are predicted to propel market growth.
Moreover, the manufacturing of sanitizer products observed growth of 60% throughout the pandemic around the U.S. alone. This presents the growth potential for infection control products during the near future. An augment in outsourcing sterilization services and the introduction of improved sterilizing solutions are further underwritings towards the growth of the market for infection control. The growing number of government initiatives to confirm a high degree of infection prevention is presumed to be a proficient growth driver.
According to the SPER market research, ‘Infection Control Market by Product [Sterilization (Steam, Hydrogen Peroxide, EtO), Disinfection (Wipes, Liquids, Disinfectors), Services, E-beam, Face Masks], End User (Hospitals, Pharmaceutical Companies) – Global Forecast to 2027’ state that the global infection control market is predicted to rise at a CAGR of 3.3% from 2021 to reach 54.8 billion by 2027. Government organizations are progressively involved in issuing guidelines in order to surge awareness pertaining to efficient prevention measures around the globe, which is predicted to underwrite market growth during the review period.
In addition, the increasing medical device and companies of pharmaceutical in emerging regions, augmenting usage of E-beam sterilization, reintroduction of ethylene oxide sterilization, and the increasing healthcare industry and outsourcing of function to emerging regions are predicted to propose high-growth choices for the market players during the review duration.
The World Health Organization (WHO) on 30th January, 2020 declared COVID-19 outbreak a public health emergency of international concern. COVID-19 has affected nearly 200 countries around the world. The producers of infection control are enlarging their production capacity to produce medical nonwoven gloves products in response to COVID-19. An increment in the number of COVID-19 cases and an increase in the requirement for healthcare workers are predicted to propel the requirement for protective barrier products and disposable hospital supplies. Hence, COVID-19 infection uplifted growth and opportunities for producers of infection control products throughout the review duration.
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North America registered the infection control market and registered for the greatest revenue share during recent past years. A consistent number of strategic collaborations adopted by the key market players to broaden their product portfolio and infection control abilities are supposed to be accountable for the higher share captured by this region. Furthermore, the growing efforts by established companies to broaden their existence around this region are accountable for the dominant share of captured by North America.
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Infection Control Market Future Outlook
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Sara Lopes, Business Consultant – U.S.A.
SPER Market Research