A recent report published by Infinium Global Research on infection control market provides in-depth analysis of segments and sub-segments in the global as well as regional infection control market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional infection control market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global infection control market. The global Infection control market was valued at around USD 51 billion in 2022 and is expected to reach more than USD 65 billion in 2030, with a CAGR of nearly 3% during the forecast period of 2023-2030.
Infection control is a crucial set of practices and protocols that aim to prevent the transmission of infectious diseases within healthcare settings and the wider community. It is designed to safeguard the health and well-being of both patients and healthcare workers from acquiring and spreading infections. The key infection control measures include maintaining high standards of hand hygiene, the use of Personal Protective Equipment (PPE) such as gloves, masks, and gowns, ensuring proper cleaning and disinfection of surfaces and equipment, implementing isolation precautions for patients with contagious diseases, and promoting vaccination against communicable diseases. The importance of infection control in healthcare is essential in preventing the spread of diseases like COVID-19, influenza, and tuberculosis. By adopting effective infection control measures, it is possible to reduce the risk of healthcare-associated infections, improve patient outcomes, and promote the safety of healthcare workers and the community.
The incidence of Healthcare-acquired Infections (HAIs) is a major concern for healthcare facilities globally and is expected to drive the growth of the infection control market, especially in the healthcare sector. HAIs can cause severe health complications, increased mortality rates, and higher healthcare costs. To prevent and control HAIs, healthcare facilities require infection control products and services such as disinfectants, sterilization equipment, and hand hygiene products. The demand for these products is expected to increase, leading to growth in the infection control market due to the rising incidence of HAIs. The rising number of government initiatives to ensure a high degree of infection prevention is presumed to be a significant growth driver for the infection control market. The rising number of government initiatives aimed at ensuring a high degree of infection prevention is expected to be a significant growth driver for the infection control market. Governments across the world are taking measures to prevent the spread of infections and reduce the incidence of Healthcare-associated Infections (HAIs). The adverse effect of chemical disinfectants will restrain the market growth. Certain chemical disinfectants can have adverse effects on human health, including respiratory problems and skin irritation. Moreover, the use of chemical disinfectants has been linked to the development of antibiotic-resistant bacteria, which is a major public health concern. The growing healthcare industry and outsourcing of operations provide ample growth opportunities for the market. As the healthcare industry is expanding rapidly, with an aging population, increasing incidence of chronic diseases, and advancements in medical technology. This growth is expected to create a greater demand for infection control products and services in healthcare facilities worldwide.
North America holds the largest market share in the infection control market. The infection control market in the region is experiencing significant growth due to the increasing demand for cleansing and sanitization products and services, driven by the rising focus on healthy lifestyles and disease prevention among consumers. The growing geriatric population and the subsequent increase in the prevalence of chronic diseases are also contributing to the market's growth. In addition, the need for infection control to minimize the incidence of Healthcare-acquired Infections (HAIs) and the implementation of strict government regulations and guidelines on sanitation and sterilization are further propelling the growth of the infection control market in the region.
The report on global infection control market covers segments such as type, and end-use. On the basis of type, the sub-markets include equipment disinfectors, sterilization equipment, services, and consumables. On the basis of end-use, the sub-markets include hospitals, medical device companies, clinical laboratories, pharmaceutical companies, and others.
The report provides profiles of the companies in the market such as Signify Holding, ACUITY BRANDS, INC., SMART Global Holdings, Inc., Dialight, Havells India Ltd., STANLEY ELECTRIC CO., LTD., Hubbell, ENDO Lighting Corporation, ams-OSRAM AG, and Zumtobel Group.
The report provides deep insights into demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the infection control market. Moreover, the study highlights current market trends and provides forecasts from 2023-2030. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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