Market Trends of Global Hospital Acquired Infection Control Industry
This section covers the major market trends shaping the Hospital Acquired Infection Control Market according to our research experts:
Disinfectant Segment is Expected to Hold Significant Market Share Over the Forecast Period
Disinfection is a process that eliminates many or all pathogenic microorganisms, except bacterial spores, from inanimate objects. This is accomplished by the use of liquid chemicals or wet pasteurization. The efficiency of disinfection has been affected by several factors, each of which may limit the efficacy of the process.
The rising incidence of hospital-acquired infections, a growing geriatric population, and subsequent growth in the prevalence of chronic diseases and the increasing number of surgical procedures are expected to drive the segment growth. As per the study titled "Healthcare-Associated Infections: A New Pathology in Medical Practice?" published in February 2020, about 50% of hospital-acquired infections occur in the intensive care unit. Surface disinfectants play a crucial role in preventing these infections, thus will boost the segment growth in the near future.
Additionally, the launch of new products by the market players is also propelling the growth of the segment. For instance, in April 2020, ITC launched its product Savlon Surface Disinfectant Spray. Also, in February 2022, SC Johnson Professional launched its Quaternary Disinfectant Cleaner in a new easy-to-measure, squeeze and pour the bottle in North America. Thus, the launch of new products is also expected to contribute to the growth of the market segment.
Thus, owing to the abovementioned factors, the disinfectant segment of the market is expected to grow over the forecast period.
North America Dominates the Market and Expected to do Same Over the Forecast Period
North America is expected to hold a significant share owing to the increase in hospital stays due to chronic diseases and surgeries, the rising number of hospital admission, the increasing burden of hospital-acquired infection coupled with the innovative technologies implemented in devices that control infection, and others.
According to the Center for Disease Control and Prevention, in 2021, about a 24% increase in central line bloodstream infection (CLABSI) and a 35% increase in Ventilator-Associated Event (VAE) between 2019-2020. Thus, the increasing prevalence rate of hospital-acquired infections in the United States boosts the market growth in the region.
Additionally, the rise in chronic diseases such as cardiovascular diseases, cancer, and others requires extended hospital stays and surgeries. For instance, according to 2022 data by the American Health Association, there were approximately 33,356,853 hospital admissions in 2022. Many of these admissions were due to chronic diseases and critical procedures like heart bypass surgery. Thus, the increasing number of hospital admissions is expected to create the need for infection control products and thereby boost the market in the region.
Additionally, in February 2021, Penn Medicine opened its new Interventional Support Center (ISC), one of the largest instrument processing and surgical supply preparation facilities in Southwest Philadelphia, United States. The ISC is one of the first facilities of its kind in Pennsylvania where staff will both sterilize and package thousands of instruments each day in preparation for surgeries and procedures, from basic scissors and clamps to advanced robotic instruments. The establishment of such facilities is also expected to propel the growth of the market.
Thus, owing to the abovementioned factors, the studied market in the North American region is expected to project significant growth over the forecast period.
