Market Trends of Infection Control Industry
This section covers the major market trends shaping the Infection Control Market according to our research experts:
Sterilization Products and Services are Anticipated to Have Significant Share
Sterilization is important to control infectious diseases that may exist everywhere in hospitals or healthcare facilities, and it is debatable whether antibiotics can control such an extensive attack.
The sterilization products and services segment under the product and services segment is anticipated to have lucrative growth owing to the increasing need to reduce hospital-acquired infection and extensive use of sterilization equipment in the healthcare settings. According to the World Health Organization (WHO), at least 30 new diseases emerged in the last 20 years, and infectious diseases kill 17 million people every year.
Moreover, an increasing number of surgeries, increasing prevalence of infectious diseases, and growth in the healthcare industry are anticipated to boost the market growth over the forecast period.
In the end-user segments, the hospital is anticipated to have a significant growth due to the increasing adoption of infection control products due to increasing number of patient suffering from COVID-19 and stringent regulations by the respective governments to control the infections.
North America is Expected to Witness Significant Growth
North America is anticipated to have the significant growth owing to well-established healthcare infrastructure, high adoption of infection control technologies, and the presence of the key market players in the region. Furthermore, the initiatives are taken by the government authorities in infection control and recent product launches. For instance, Getinge AB has launched a new 9100E Cart Washer in the United States for the healthcare industry.
On the other hand, the Asia Pacific region is anticipated to have lucrative market growth due to the growing healthcare industry, increasing disposable income, and expanding healthcare providers' investments in infection control. Moreover, infection control initiatives and the growing number of hospital-acquired infections in the region are anticipated to boost the market growth over the forecast period.
