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Understanding Market Dynamics

• Robust growth from $119.1 billion in 2023 to $126.25 billion in 2024.
• Compound annual growth rate (CAGR) of 6.0% attributed to various factors.
• Increased healthcare expenditure, rising awareness of infectious diseases among contributors.

Promising Projections

• Expected growth to $164.6 billion in 2028.
• Compound annual growth rate (CAGR) of 6.9%.
• Factors include pandemic preparedness, rising antimicrobial resistance.

Rising Incidence Of Hospital-Acquired Infections Fuels Growth In The Infection Control Market
Understanding Hospital-Acquired Infections

• Healthcare-associated infections (HAIs) contribute significantly to market growth.
• HAIs are contracted while a patient is in a healthcare facility.
• Infection control measures prevent one-to-one transmission of communicable diseases.

Statistics and Insights

• More than 24% of patients worldwide affected by HAIs in 2022.
• In the US, estimates suggest 1.7 million infections and 99,000 associated deaths annually.
• HAIs accounted for 32% of all healthcare-acquired infections in the US by 2022.

View More On The Infection Control Market Report 2024 – https://www.thebusinessresearchcompany.com/report/infection-control-global-market-report

Technological Advancements In The Infection Control Market
Focus on Technological Integration

• Major companies developing digital infection prevention systems.
• Solutions monitor, analyze, and manage infection prevention measures.
• Nanosonics launches AuditPro for enhanced compliance with infection control measures.

Strategic Acquisitions

• Steris Plc acquires Cantel Medical Corporation to diversify infection prevention products.
• Acquisition aims to cater to a broader variety of customers.

Segmentation and Regional Insights
Understanding Market Segments

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

Regional Trends

• North America was the largest region in the infection control market in 2023.
• Asia-Pacific expected to be the fastest-growing region during the forecast period.

In conclusion, the infection control market showcases significant growth potential driven by the rising incidence of hospital-acquired infections and technological innovations. Companies like Steris Plc and Nanosonics are spearheading advancements in infection prevention systems, ensuring better compliance and outcomes. As the market continues to evolve, segmentation and regional dynamics will play crucial roles in shaping its trajectory, ensuring effective infection control measures globally.

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