San Francisco, 26
October 2018: The global infectioncontrol market is
expected to reach USD 258.3 billion by 2025, according to a new report by Grand
View Research, Inc. The market is driven by rising concerns with respect to a
significant upsurge in hospital acquired infections globally. This is believed
to facilitate greater penetration of infection control products. An influx in
development of new biologics and subsequent demand for sterilized formulations
serve as key growth factors for the overall infection control market. The
healthcare organizations are focused on implementing strategies for early
recognition, reporting, isolation, and surveillance of disease episodes of
potential public health concern. In addition, increasing number intensive
training modules, for nurses and other medical staff, on infection prevention
and control is presumed to provide high potential for extensive usage of
infection control products over the coming years.
For instance, College of Nurses of Ontario
released guidelines concerning standard practices, that is focused on
maintaining hand hygiene to reduce contamination and spread of infection.
Furthermore, Centers for Disease Control and Prevention (CDC) has released
guidelines for disinfection and sterilization for efficient usage of infection
control products by healthcare personnel in wide array of healthcare settings
such as ambulatory care, home care, hospitals, and others. As a consequence of
the aforementioned factors, it is presumed that there will be significant
improvement in the overall penetration rate of infection prevention and control
products, which is also anticipated to fuel the market demand as well as the
revenue to unprecedented heights.
Access
Research Report of Infection Control
Market@ www.grandviewresearch.com/industry-analysis/infection-control-market
Further key findings from the report suggest:
· In the type segment, services are predicted
to observe exponential growth as a consequence of increasing presence of
third-party reprocessors and outsourcing of sterilization as a result of
associated cost efficiency
· In the end-use segment, hospitals accounted
for substantial share in 2016, as a consequence of high clinical urgency to
curb the growing incidence of hospital acquired infections
· North America captured a dominant share of
the overall infection control market owing to extensive infection prevention
activities being implemented in hospitals, medical device and pharmaceutical
companies
· The market in Asia Pacific is projected to
witness exponential growth during the forecast period as a result of increasing
awareness pertaining to spread of infections within healthcare settings and
measures for prevention
· The competitive environment is marked by
companies adopting sustainability strategies such as geographical expansion and
mergers & acquisitions resulting in significant growth in their market
share
· For instance, in July 2016, the Getinge
Group acquired 1stCall Mobility Ltd, a company specializing in supplying rental
equipment. This acquisition was carried out as a part of the company’s
expansion strategy
Browse more reports of this category by Grand View
Research at: www.grandviewresearch.com/industry/medical-devices
Grand View Research has segmented the
global infection control market on the basis of type, end use, and region:
Infection Control Type Outlook (Revenue,
USD Billion, 2014 - 2025)
·
Equipment
·
Services
·
Consumables
Infection Control End-use Outlook (Revenue, USD Billion,
2014 - 2025)
·
Hospitals
·
Medical Device Companies
·
Clinical Laboratories
·
Pharmaceutical Companies
·
Others
Infection Control Regional Outlook
(Revenue, USD Billion, 2014 - 2025)
·
North America
·
Europe
·
Asia Pacific
·
Latin America
·
Middle East & Africa
Access Press Release of
Infection Control Market@ www.grandviewresearch.com/press-release/global-infection-control-market
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
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