Key Insights into the Infection Control Supplies Market’s Growth Opportunities for 2024-2033
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What is the Estimated Growth Rate for the Infection Control Supplies Market Between 2024 and 2033?
In recent times, there has been a consistent growth in the size of the infection control supplies market. It is projected to increase from $44.7 billion in 2023 to $46.64 billion in 2024, with a compound annual growth rate (CAGR) of 4.3%. The significant growth during the past can be credited to factors such as concerns for the safety of healthcare workers, health awareness campaigns, increased usage of antimicrobial products, hygiene standards in healthcare facilities, and the development of advanced disinfection methods.
The market for infection control supplies is predicted to observe consistent growth in the upcoming years, reaching a value of $55.63 billion by 2028, with a compound annual growth rate (CAGR) of 4.5%. The expected growth over the forecasting period can be credited to factors such as the increase in digital health applications, emphasis on environmental responsibility, changing consumer habits, persistent need for personal protective equipment, and evolving regulatory frameworks and standards. The forecast period will likely also witness trends such as remote monitoring and contact tracing, robustness and redundancy in supply chains, emphasis on education and training for infection prevention, solutions for antimicrobial surfaces, and an elevated demand for disinfectants and sanitizers.
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What Are the Primary Contributors to the Growth of the infection control supplies Market?
The infection control supplies market is anticipated to surge due to the rising incidence of nosocomial infections. These are infections that a patient acquires during their healthcare treatment. Healthcare environments utilize infection control supplies to hinder the propagation of these infections. For instance, November 2022 saw a report from the Centers for Disease Control and Prevention which stated there was a 7% rise in central line-associated bloodstream infection (CLABSI) and a 5% rise in catheter-associated urinary tract infection (CAUTI) from 2020 to 2021, as per their 2021 National and State Progress Report on Healthcare-Associated Infections. Thus, the increasing incidence of nosocomial infections is expected to fuel the rise of the infection control supplies market.
Which Key Segments Comprise the Infection Control Supplies Market?
1) By Product Type: Disinfectant, Medical Face Mask, Surgical Cap, Surgical Gown, Medical Gloves
2) By Distribution Channel: Wholesalers, Retailers, Pharmacies, E-Commerce, Other Channels
3) By End-Use: Hospitals And Clinics, Medical Device Companies, Pharmaceutical Companies, Research Laboratories, Other End-Users
What Are the Key Trends Reshaping the Infection Control Supplies Market?
Advancements in sterilization equipment technology are a prominent trend in the infection control supplies market. Major players in the infection control supplies market are innovating advanced technological products to maintain their market standing. For example, W&H Group, a medical technology products company based in Austria, expanded their hygiene portfolio by launching the Lexa Plus sterilizer. This sterilizer harnesses Eco Dry plus technology to provide comprehensive infection control and safeguard both dentists and their patients.
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What Are the Top Regions Fueling Growth in the Infection Control Supplies Market?
North America was the largest region in the infection control supplies market in 2023. The regions covered in the infection control supplies market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The Infection Control Supplies 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 supplies market, its market share, and analyzes key competitors along with their market positions.
The Table Of Content For The Infection Control Supplies Market Include
1. Infection Control Supplies Market Executive Summary
2. Infection Control Supplies Market Segments
3. Infection Control Supplies Market Size And Template Market Growth Rate
4. Key Infection Control Supplies Market Trends
5. Major Infection Control Supplies Market Drivers
……
25. Key Mergers And Acquisitions In The Infection Control Supplies Market
26. Top Infection Control Supplies Companies
27. Infection Control Supplies Market Opportunities And Strategies
28. Infection Control Supplies Market, Conclusions And Recommendations
29. Appendix
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