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What Growth Rate is Forecasted for the Infection Control Market over the 2024-2033 Period?

Recent years have seen significant growth in the size of the infection control market. The market, which is projected to expand from $119.1 billion in 2023 to $126.25 billion in 2024, will experience a compound annual growth rate (CAGR) of 6.0%. Factors such as healthcare-associated infections (HAIs), strict regulatory standards, growing awareness about infectious diseases, globalization and travel, and a rise in healthcare spending have all contributed to the market’s historic growth.

The market size for infection control is anticipated to experience significant expansion in the forthcoming years, ballooning to $164.6 billion in 2028 with a compound annual growth rate (CAGR) of 6.9%. Factors contributing to its growth during the projection period include preparing for pandemics, the development of healthcare infrastructure, an increase in antimicrobial resistance, changes in regulatory framework, and public health campaigns. Key trends expected during this period involve the incorporation of technology in healthcare, innovative technological developments in infection control products, advanced disinfection technology, greater focus on hand cleanliness, and accelerated sterilization techniques.

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Which Factors Are Stimulating Growth in the infection control Market?

The growth of the infection control market is anticipated to surge due to the escalating prevalence of infections acquired within hospital facilities. Healthcare-acquired infections, also recognized as infections obtained in the hospital, pertain to those a patient gets while being treated in a hospital or other healthcare establishment. Such infections encompass bloodstream infections attributed to central-line associated urinary tract infections. Infection control inhibits the spread of these infections from individual-to-individual of infectious diseases by providing high-level services, maintaining cleanliness, and sterilization services, thus propelling the infection control market. As per the World Health Organization’s report in May 2022, more than 24% of global patients were afflicted by healthcare-related infections in that year. Moreover, the Centers for Disease Control and Prevention reported that in the US, hospital-acquired infections resulted in approximately 1.7 million infections and 99,000 deaths annually. It further suggested that by 2022, 32% of all infections acquired in healthcare facilities in the US would be of this nature. With these figures anticipated to climb in subsequent years, the uptick in hospital-acquired infections actuates the expansion of the infection control market.

What Are the Main Segments of the Infection Control Market?

1) By Type: Disinfectors, Sterilization, Equipment, Consumables And Accessories, Services

2) By Distribution Channel: Direct Tender, Retail Sales, Third Party Distributors

3) By Application: Surgical Instruments, Endoscopes, Ultrasound Probes, Other Applications

4) By End User: Hospitals And Clinics, Medical Device Companies, Pharmaceutical Companies, Life Science Industry, Food Industry, Other End Users

What Innovative Trends Are Redefining the Infection Control Landscape?

Leading businesses in the infection control market are developing innovative technologies like digital infection prevention systems. This is done in a bid to attract larger consumer populations, boost sales, and increase their revenue. Digital infection prevention systems are technologically advanced solutions that are designed to surveil, assess and supervise infection prevention protocols in various settings including healthcare establishments. For example, in June 2021, Nanosonics, a company specializing in infection prevention based in Australia, introduced AuditPro. This specialized tool is designed for infection prevention specialists and quality managers, and aims to improve and standardize adherence to infection control protocols. It is noteworthy for its capability to effectively handle risks related to healthcare-related infections associated with an extensive range of medical instruments.

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Which Regions Are Key Players in the Growth of the Infection Control Market?

North America was the largest region in the infection control market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global infection control market report during the forecast period. The regions covered in the infection control market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The Infection Control Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the infection control market, its market share, and analyzes key competitors along with their market positions.

The Table Of Content For The Infection Control Market Include

1. Infection Control Market Executive Summary

2. Infection Control Market Segments

3. Infection Control Market Size And Template Market Growth Rate

4. Key Infection Control Market Trends

5. Major Infection Control Market Drivers

……

25. Key Mergers And Acquisitions In The Infection Control Market

26. Top Infection Control Companies

27. Infection Control Market Opportunities And Strategies

28. Infection Control Market, Conclusions And Recommendations

29. Appendix

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