Infection Control Global Market Report 2023

Major players in the infection control market are Belimed AG, 3M Company, Ecolab Inc., Advanced Sterilization Products Services Inc., Getinge AB, Matachana Group., Miele Group. (Steelco), MMM Group, Sotera Health Inc.

New York, June 08, 2023 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Infection Control Global Market Report 2023" - https://www.reportlinker.com/p06466555/?utm_source=GNW , Steris plc., Reckitt Benckiser Group plc., Pal International, Metrex Research LLC, Steelco S.p.A., Stryker Corporation, B. Braun Melsungen AG, and Olympus Corporation.The global infection control market is expected to grow from $112.71 billion in 2022 to $119.10 billion in 2023 at a compound annual growth rate (CAGR) of 5.67%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The infection control market is expected to reach $15.01 billion in 2027 at a CAGR of 6.46%.The infection control market includes revenues earned by entities by providing services such as environmental infection control, hand hygiene services, isolation precautions, and safe injection practice services.The market value includes the value of related goods sold by the service provider or included within the service offering.Only goods and services traded between entities or sold to end consumers are included.Infection control refers to the practice of preventing or halting the spread of illnesses in healthcare settings and other environments where the risk of infection is high. It provides a high level of protection for patients, medical personnel, and others in healthcare settings and prevents the one-to-one transmission of communicable diseases.North America was the largest region in the infection control market in 2022.Asia-Pacific is expected to be the fastest-growing region in the forecast period.The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.The main types of products and services used in infection control are disinfectors, sterilization, equipment, consumables and accessories, and services.Disinfectors refer to all of the company's endoscope disinfector products and standard accessories taken as a whole.It is distributed through direct tender, retail sales, and third-party distributors, and used in various applications, such as surgical instruments, endoscopes, ultrasound probes, and other applications. The major end users included hospitals and clinics, medical device companies, pharmaceutical companies, life sciences industry, the food industry, and other end users.The increasing incidence of hospital-acquired infections is expected to propel the growth of the infection control market.Healthcare-associated infections, also known as hospital-acquired infections, refer to one that is contracted while a patient is there or in another healthcare facility.These infections include bloodstream infections linked to central-line catheter-associated urinary tract infections.Infection control prevents hospital-acquired infections from one-to-one transmission of communicable diseases through high-level services, hygiene and sterilization services, so the ease factor boosts the infection control market.For instance, in May 2022, according to the reports by the World Health Organization, a Switzerland-based health agency, more than 24% of patients worldwide were affected by healthcare-associated infections in 2022. Furthermore, according to the Centers for Disease Control and Prevention (CDC), a US-based government agency, in the US, there were estimates that hospital-acquired infections accounted for an estimated 1.7 million infections and 99,000 associated deaths each year, and additionally, 32% of all healthcare-acquired infections in the US by 2022. These numbers are expected to rise in the future. Therefore, the increasing incidence of hospital-acquired infections drives the infection control market.Product innovation is a key trend gaining popularity in the infection control market.Major companies operating in the infection control market are innovating new products and drugs to sustain their position in the market.In May 2020, Esco Micro Private Limited., a Singapore-based infection control device company, launched the Esco CelCulture CO2 Incubator with High Heat Sterilization (CCL-HHS) with unique features such as heat-resistant sensors, a temperature fail-safe system, and a watchdog failure mode. This innovative product uses a dry heat sterilization method at 180°C that successfully destroys ordinarily resistant fungi, bacterial spores, and vegetative cells that may contaminate the workstation. This sterilization cycle is more convenient because it eliminates the need to remove chamber components during sterilization and finishes within twelve hours, leaving the chamber cool and dry.In June 2021, STERIS plc., a UK-based medical device company, acquired Cantel Medical Corporation., for an undisclosed amount. Through this acquisitions, STERIS Plc diversified its range of infection prevention and procedure products and services for a broader variety of customers. Cantel Medical Corporation., a US-based medical device company, provides infection prevention products and services, primarily to endoscopy and dermatology patients.The countries covered in the infection control market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.The infection control market research report is one of a series of new reports that provides infection control market statistics, including infection control industry global market size, regional shares, competitors with a infection control market share, detailed infection control market segments, market trends and opportunities, and any further data you may need to thrive in the infection control industry. This infection control market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.Read the full report: https://www.reportlinker.com/p06466555/?utm_source=GNWAbout ReportlinkerReportLinker is an award-winning market research solution. 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