Future Market Insights has recently released an analysis report on the Hospital-acquired Infection Control Market, which predicts global sales of US$ 6.5 billion in 2023. The Hospital-acquired Infection Control market demand is expected to grow at a CAGR of 7% from 2023 to 2033 and reach US$ 12.7 billion by 2033, with hospitals and critical care units projected to generate significant revenue with a CAGR of 7.6%.
Several factors are driving the growth of the Hospital-acquired infection control market, including the frequent occurrence of hospital-acquired infections, the increasing proportion of surgical procedures, the rising geriatric population, the growing prevalence of chronic diseases, technological advancements in sterilization equipment, and the growing awareness of environmental and personal hygiene.
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The market is also expected to witness a surge in demand for hospital-acquired infection control due to the growing use of e-beam sterilization and the reintroduction of ethylene oxide sterilization.
The rise in the number of surgical procedures performed worldwide, currently standing at approximately 235 million complex surgeries annually, is further driving demand for various surgical equipment and medical devices. This demand for sterilized product lines and growing awareness about their effectiveness in healthcare settings is expected to drive demand for hospital-acquired infection services.
The Asia Pacific region, particularly Japan, is projected to experience a CAGR of over 7% during the forecast period due to the rising demand for Hospital-acquired Infection Control methods in developing nations, increasing awareness of general health and fitness among the working-class population, and extensive usage of hospital-acquired infection controls in the region.
In summary, the Hospital-acquired Infection Control market is expected to experience significant growth in the coming years, driven by several factors, and each region offers unique opportunities and challenges for market players.
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Competitive Analysis
The key players in the market include Steris Plc, Sotera Health Company, Getinge AB, Advanced Sterilization Products, Ecolab Inc., 3M Company, Matachana Group, MMM Group, Belimed AG, and Reckitt Benckiser.
Some of the recent developments of key Hospital-acquired Infection Control providers are as follows:
- In 2021, STERIS purchased Cantel, a global provider of infection control products and services, through a U.S. subsidiary to broaden its vast array of sterilization services.
- In 2021, Sterigenics S.A.S., a Sotera Health Company subsidiary, increased its European sterilizing capacity by expanding its ethylene oxide factory in Rantigny, France. Getinge introduced the Getinge Solsus 66 steam sterilizer for hospitals as well as surgical instruments in 2020, which has a higher capacity and operational reliability than other sterilizers.
- In 2020, Sotera Health Company acquired Iotron, a prominent North American outsourced provider of E-beam sterilization services. The acquisition was intended to help the company expand its electron beam footprint and boost sales of the Sterigenics division.
More Insights Available
Future Market Insights, in its new offering, presents an unbiased analysis of the Hospital-acquired Infection Control Market, presenting historical market data (2018 to 2022) and forecast statistics for the period of 2023 to 2033.
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Market Segments Covered in Hospital-acquired Infection Control Industry Analysis
By Component:
- Equipment
- Sterilization Equipment
- Disinfection Equipment
- Consumables
- Disinfectants
- Sterilization Consumables
- Others (Waste Disposal, PPE)
- Services
By End-user:
- Hospitals and Intensive Care Units
- Ambulatory Surgical and Diagnostic Centers
- Other End-users
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Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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