The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

Market Growth Overview

• 2023 Market Size: $41.64 billion
• 2024 Market Size: $43.40 billion
• CAGR (2023-2024): 4.2%
• Growth drivers:
  • Increased awareness of healthcare-associated infections (HAIs)
  • Stringent regulatory guidelines
  • Advancements in technology
  • Globalization and international travel
  • Rising healthcare expenditure

Future Market Projections

• 2028 Market Size: $50.21 billion
• CAGR (2024-2028): 3.7%
• Growth drivers:
  • Emerging infectious diseases
  • Technological innovations
  • Global population growth
  • Rise in ambulatory care services
• Major trends:
  • Telemedicine and digital health solutions
  • Personalized infection prevention
  • Increased use of artificial intelligence (AI)
  • Rapid diagnostics
  • Focus on behavioral interventions

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

Hospital-Acquired Infections: A Significant Growth Driver

Rising HAIs Incidence

• Hospital-acquired infections (HAIs) occur during healthcare treatment in facilities
• Infection prevention strategies:
  • Measures to minimize infection risk
  • Enhancing patient safety
• Example: Australian Institute of Health and Welfare data
  • 1,546 Staphylococcus aureus bloodstream infection (SABSI) cases (2021–22)
  • MSSA infections: 0.62 per 10,000 patient days in 2021-22 vs. 0.61 in 2020-21

Key Players in the Infection Prevention Market

Major Companies

• Cardinal Health Inc.
• 3M Company
• Stryker Corporation
• Reckitt Benckiser Group plc
• Ecolab Inc.
• Braun Melsungen AG
• The Clorox Company
• Olympus Corporation
• Fortive Corporation
• Steris PLC
• Genitge AB
• Sotera Health Inc.
• Belimed AG
• Coltene Group
• Steelco S.p.A.
• Skytron LLC

Strategic Innovations in Infection Control

Infection Preventionist Staffing Calculators

• Innovation by APIC (Association for Professionals in Infection Control and Epidemiology)
• Tool estimates needed infection preventionists in healthcare facilities
• Variables considered: number of beds, patient acuity, facility type
• Enhances patient safety through optimal staffing
• Tool refinement through facility data

Steris Plc and Cantel Medical Acquisition

Expanding Reach

• Acquisition: Steris plc acquired Cantel Medical Corporation (July 2021)
• Value: $3.6 billion
• Impact:
  • Bolsters Steris’s capabilities in infection prevention
  • Extends global presence and customer network
  • Consolidates market influence in endoscopy and dentistry
• Cantel Medical: US-based manufacturer of infection prevention and control products

Infection Prevention Market Segmentation

Market Segments

1. By Product
   • Sterilization Equipment
   • Disinfectors
   • Consumables
2. By Infection Type
   • Microbial Infections
   • Healthcare Associated Infections
3. By End User
   • Hospitals and Clinics
   • Pharmaceutical Companies
   • Clinical Laboratories
   • Medical Device Companies
   • Life Science Industry
   • Academic and Research Centers

Regional Insights

Leading Regions

• North America: Largest market in 2023
• Other regions:
  • Asia-Pacific
  • Western Europe
  • Eastern Europe
  • South America
  • Middle East
  • Africa

Conclusion

The infection prevention market is poised for steady growth, driven by increasing awareness of HAIs, technological advancements, and rising healthcare expenditures. With significant contributions from key players and strategic innovations, the market is set to expand its reach and impact globally. The continuous efforts in infection control and prevention strategies will play a critical role in enhancing patient safety and healthcare outcomes.

Request A Sample Of The Global Infection Prevention Market Report 2024:
https://www.thebusinessresearchcompany.com/sample_request?id=13863&type=smp