Infection Control Market worth $27.5 billion by 2024

By -

The infection control market is projected to reach USD 27.5 billion by 2024 from USD 20.0 billion in 2019, at a CAGR of 6.6% during the forecast period.

(EMAILWIRE.COM, February 18, 2019 ) Factors such as the growing focus on food sterilization and disinfection; technological advancements in sterilization equipment; and the increasing outsourcing of sterilization services among pharmaceutical companies, hospitals, and medical device manufacturers are expected to drive the global infection control market.

The disinfectants segment is expected to grow at the highest CAGR in the cleaning and disinfection products market during the forecast period.

On the basis of type, the cleaning and disinfection products market is segmented into disinfectants, cleaning and disinfection equipment, lubricants, cleaning solutions, and disinfection and cleaning accessories. In 2019, the disinfectants segment is expected to grow at the highest CAGR during the forecast period. The high growth of this segment is majorly due to the growing demand for these products in various end-user segments. The demand for disinfectants is also rising in the food industry, owing to the high risks associated with foodborne pathogens and bacterial and viral food-related infections

Download the PDF Brochure@
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1084

The heat sterilization segment is expected to dominate the sterilization equipment market from 2019–2024.

On the basis of type, the sterilization equipment market is categorized into heat sterilization, low-temperature sterilization, filtration sterilization, radiation sterilization, and other sterilization equipment. The heat sterilization segment is expected to hold the largest share in the infection control market in 2019 mainly due to its wide applications, ease of set-up, recurrent usability, and cost-effectiveness. Moist heat sterilization is among the oldest sterilization techniques in the medical and food industries. Moist heat sterilizers are used to sterilize equipment used in microbiology, medicine, veterinary sciences, mycology, dentistry, and prosthetic fabrication, as well as the food processing industry.

APAC holds high growth potential in the infection control market.

The APAC is expected to grow at the highest CAGR during the forecast period. The growing economies in China and India, rising incidence of nosocomial infections, growth in the pharmaceutical and medical device industries, and improved healthcare infrastructures in Southeast Asian countries form major factors driving market growth. In addition, the region’s growing medical tourism—especially for cardiovascular, orthopedic, oncology, and fertility treatments—is expected to increase the need for proper infection control in healthcare setups. The Asian market is expected to witness a steady year-on-year growth owing to increasing regional awareness about infection control.

Some major players operating in this market include Getinge AB (Sweden), STERIS plc. (US), Advanced Sterilization Products (US), 3M Company (US), Belimed AG (Switzerland), Cantel Medical Corporation (US), MMM Group (Germany), Matachana Group (Spain), Sotera Health LLC (US), Ecolab, Inc. (US), Metrex Research Corporation (US), Reckitt Benckiser Group Plc. (UK), Miele Group (Germany), Melag (Germany), and Pal International (UK).

Get the Sample Pages@
https://www.marketsandmarkets.com/requestsampleNew.asp?id=1084

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

Media Contact

Read other news from MarketsandMarkets™

Timing Devices Market Size, Share, Revenue Trends & Forecast to 2030

MarketsandMarkets™ - Sep 18, 2023
Timing Devices Market by Type (Oscillators, Atomic Clocks, Clock Generators, Clock Buffers, Jitter Attenuators), Material (Crystal, Silicon, Ceramic), Vertical (Consumer Electronics, Automotive) and Region - Global Forecast to 2030 ...Read more

Artificial Intelligence Market Segmented by Product, Top Manufacturers, Geography Trends & Growth Opportunity to 2030

MarketsandMarkets™ - Sep 18, 2023
Artificial Intelligence technology such as machine learning, natural language processing, computer vision, and others are revolutionizing various sectors, including healthcare, finance, manufacturing, and retail. ...Read more

Digital PCR (dPCR) and Real-time PCR (qPCR) Market worth $12.4 billion by 2028, at a CAGR of 7.8%.

MarketsandMarkets™ - Sep 18, 2023
"Digital PCR (dPCR) and Real-time PCR (qPCR) Market by Product (Instruments, Reagents & Consumables, Software & Services), Application (Clinical, Research, Forensic), End User (Hospital, Diagnostic Labs, Pharma, Biotech, CROs) - Global Forecast to 2028". ...Read more