$62.3 billion global infection control industry, 2026

DUBLIN, January 24, 2022 /PRNewswire/ — The “Infection Control – Global Market Trajectory and Analysis” report has been added to from ResearchAndMarkets.com offer.

Global Infection Control Market to Reach US$62.3 billion by 2026

The infection control market is expected to grow rapidly in the coming years owing to the rising incidence of hospital-acquired infections (HAIs) and increasing number of surgical procedures. Healthcare-associated infections (HAIs) are one of the leading causes of death worldwide and account for nearly 100,000 deaths each year in the United States alone.

Other factors driving the growth of the market include increasing geriatric population, especially in developed countries, and increasing prevalence of chronic diseases. The growth of the market is also positively influenced by the growing interest of countries in disinfection and sterilization. Pharmaceutical companies, medical device companies, and hospitals are also increasingly outsourcing such sterilization work, which is also contributing to the growth of the market.

The market is witnessing the development of advanced sterilization equipment in response to the advanced medical equipment being developed. Factors, such as increased public and professional awareness, the need to reduce health care costs, the shift of patient care from acute care to other sites, the growth of less invasive surgical and diagnostic procedures and the growing number of infectious diseases that are transmissible and resistant to antibiotics, have led to an increased demand for safe and effective sterilization equipment.

Amid COVID-19 crisis, Global Infection Control Market Estimated at US$40.3 billion in 2020, is expected to reach a revised size of US$62.3 billion by 2026, growing at a CAGR of 7.2% over the analysis period. Protective Barriers, one of the segments analyzed in the report, is expected to grow at a CAGR of 9.2% to reach US$26.1 billion at the end of the analysis period.

After a thorough analysis of the business implications of the pandemic and the induced economic crisis, the growth of the Sterilization Products and Services segment is readjusted to a revised CAGR of 7.2% for the next 7-year period. The growing demand for surgical drapes, gowns and face masks and other medical nonwovens, amid the pandemic, has contributed to the growth of protective barriers.

The US market is estimated at $12.9 billion in 2021, when China is expected to reach $9.2 billion by 2026

The Infection Control Market in the United States is estimated at US$12.9 billion in 2021. The country currently accounts for a 27.5% share of the global market. China, the world’s second largest economy, is expected to reach an estimated market size of US$9.2 billion in 2026 with a CAGR of 8.8% over the analysis period.

Other notable geographic markets include Japan and Canada, each predicting growth of 5.7% and 7.1% respectively over the analysis period. In Europe, Germany is expected to grow at around 6.7% CAGR while the rest of the European market (as defined in the study) will reach US$3.4 billion at the end of the analysis period.

North America is the largest regional infection control market attributed to the increased adoption of disinfection and sterilization products and services and the increased focus of the population here on disease prevention and adherence to healthy lifestyles.

Another lucrative market for infection control is Asia Pacific where the increase in the incidence of HAIs, especially in rapidly emerging countries, is leading to increased adoption of disinfection and sterilization equipment and services.

Segment of cleaning and disinfection products to be achieved $10.5 billion by 2026

In the global cleaning and disinfection products segment, United States, Canada, Japan, China and Europe will drive the CAGR of 5.5% estimated for this segment. These regional markets representing a combined market size of US$5.9 billion in the year 2020 will reach a projected size of US$8.6 billion at the end of the analysis period. China will remain among the most dynamic in this group of regional markets. Led by countries such as Australia, India, and South Korea, the market for Asia Pacific should reach 1 billion US dollars by 2026.

Select contestants (145 total featured)

  • 3M Society
  • Advanced sterilization products
  • Belimed AG
  • Cantel Medical Corporation
  • Ecolab, Inc.
  • Getinge AB (Getinge Group)
  • Halyard Health, Inc.
  • Matachana Group
  • Metrex Research LLC
  • Pal International Ltd.
  • Reckitt Benckiser PLC Group
  • Sotera Health LLC
  • Steris

Main topics covered

I. METHODOLOGY

II. ABSTRACT

1. MARKET OVERVIEW

  • Impact of COVID-19 and a looming global recession
  • The endless “race” between the virus and vaccines continues. In the midst of this chaotic battle, where is the global economy going now and beyond?
  • Omicron is spreading panic around the world; Omicron’s variant brings back memories and fears of the worst part of the 2020 pandemic
  • South Africa: Place of origin of Omicron
  • Short term impact of Omicron on travel
  • Financial impact
  • Scientists seek to gather more information about Omicron
  • Pharmaceutical companies aim to improve existing vaccines to counter Omicron
  • Omicron: impact on the travel industry
  • Measures taken by countries to prevent the transmission of the Omicron variant
  • As IMF raises global GDP for 2021, businesses optimistic about economic recovery despite lingering pandemic
  • Impact of COVID-19 on the Infection Control Market
  • Global Market Analysis and Outlook
  • Product and end-use segments
  • Regional Market Analysis
  • Market Growth Restraint Factors
  • Recent market activity

2. FOCUS ON CERTAIN PLAYERS

3. MARKET TRENDS AND DRIVERS

  • The market for sterilization equipment is growing rapidly
  • Key Players of the Global Sterilization Equipment Market
  • Low temperature sterilization gains ground
  • Key players in the low temperature sterilization market
  • Emerging outsourcing trend bodes well for sterilization services
  • Electron Beam Sterilization of Medical Devices Sees Rapid Growth
  • Endoscope Contamination – A Major Health Risk Driving Demand for Sterilization Equipment
  • Growing Need to Reduce Healthcare-Associated Infections Propels Market Demand
  • Government support to provide infection control in clinical settings to drive demand for infection control products
  • Rising prevalence of chronic disorders, rise in surgical procedures, and the need to prevent the transmission of infections are fueling the growth of the market
  • Population aging – A key driver of growth
  • Growing demand for medical devices bodes well for the market
  • The COVID-19 pandemic triggers the start of the era of face masks
  • Respirator mask registers significant growth
  • Designers are turning face masks into a fashion accessory
  • Drapes and surgical gowns: essential for safe healthcare
  • Surgical Gowns Market: Stable Growth Prospects
  • High demand for disposable sheets and gowns
  • The outbreak of COVID-19 has led to a surge in the disposable gloves market
  • Growth in medical device reprocessing to provide new areas of growth
  • UV disinfection absorbs limelight with focus on COVID-19-induced disinfection
  • Improve health spending to Auspicious for market growth
  • Technological advances
  • India focuses on developing COVID-19-friendly technologies for disinfection and sterilization
  • Sealive’s biovector sterilization technology for more efficient inactivation of viruses and microorganisms
  • Introduction of business-friendly policies and guidelines fuels demand for eco-friendly medical sterilization equipment
  • Challenges and future prospects

4. GLOBAL MARKET OUTLOOK

III. MARKET ANALYSIS

IV. COMPETETION

  • Total number of companies profiled: 145

For more information on this report, visit https://www.researchandmarkets.com/r/y4mllt

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