The global infection prevention market is on track for significant expansion over the next decade, driven by a surge in awareness and prioritization of hygiene practices and increased healthcare investment, according to a comprehensive report by Future Market Insights (FMI). The report projects the market will reach USD 40,845.2 million by 2024, with an anticipated growth to USD 55,379.1 million by 2034, representing a Compound Annual Growth Rate (CAGR) of 3.1%.
The analysis underscores the growing commitment across sectors such as healthcare, pharmaceuticals, and public facilities to strengthen infection control practices. Recognizing the essential role of preventive measures in protecting public health, stakeholders are intensifying investments in innovative infection control technologies and solutions to combat the spread of infectious diseases.
Key Trends Shaping the Infection Prevention Market:
- Increased Emphasis on Infection Prevention and Control: A heightened global focus on controlling the spread of infections is driving demand for advanced infection control solutions. Factors such as rising healthcare expenditure, healthcare outsourcing, and improvements in hygiene standards and infrastructure are playing critical roles in shaping this trend.
- Rise in Surgical Procedures: The global rise in chronic diseases and obesity rates has led to an increased number of surgical interventions, further boosting the demand for infection prevention products, including specialized kits and devices used in surgical settings.
These insights offer a strategic roadmap for businesses in the infection prevention sector, enabling them to capitalize on emerging market opportunities and adapt to evolving industry demands.
As the market progresses, businesses across industries will find immense value in leveraging the latest innovations to meet the growing demand for effective infection control solutions.
Key Takeaways from the Infection Prevention Market:
- The United States infection control market is developing at a CAGR of 1.4%.
- China’s infection prevention market is projected to grow at a rate of 4.0% until 2034.
- During the forecast period, Germany’s infection solutions market is expected to achieve a CAGR of 1.9%.
- India’s infection prevention market is anticipated to dominate the global market at a CAGR of 4.6% over the projected period.
- The market for antimicrobial solutions in the United Kingdom is expanding at a 2.0% CAGR.
- The healthcare-associated infections market was estimated to be dominated by consumables, with a market share of 41.0%.
- Hospitals & clinics segment is expected to hold a market share of 45.4%.
Soaring Demand for Market Information: Uncover Detailed Trends and Insights in Our Report!
Key Strategies:
The global infection control market is highly competitive, with several companies participating. Market rivalry is fierce, with businesses contending for customers’ attention by introducing new, high-quality products. Infection control is a highly competitive sector with many small and medium-sized establishments.
These businesses often focus on specific service or product categories within a given market. Many industry participants focus on organic market expansion through product debuts, approvals, and other variables such as patents and events. The inorganic growth tactics were partnerships, acquisitions, and collaborations.
Recent Developments:
- In November 2023, a Washington State University research team developed a groundbreaking 3D-printed surgical gadget that, in laboratory tests, eliminated 87% of the bacteria that cause staph infections.
- Protection Paints developed Vira-Protect, a long-lasting, efficient paint to help in infection management, using silver ions blended with water-based paint-compatible polyurethane in October 2023.
Key Companies in the Infection Prevention Market:
- STERIS PLC (Cantel Medical Corporation)
- Belimed AG
- Matachana Group
- Halyard Health Inc.
- Ecolab Inc.
- Miele Group. (Steelco)
- MMM Group
- Pal Internation
- Metrex Research
- Sotera Health Inc.
- 3M Company
- Matachana Group
- Steris Corporation
- Reckitt Benckiser
- Getinge Group
- Sterigenics International Inc.
- Fortive Corporation (Advanced Sterilization Products)
Market Segmentation:
By Product:
- Sterilization Equipment
- Low-Temperature Equipment
- Heat Sterilization Equipment
- Radiation Sterilization Equipment
- Liquid Sterilization Equipment
- Disinfectors
- Washer Disinfectors
- Endoscope Repressors
- Flusher Disinfectors
- Surface Disinfectants
- Hand Sanitizers
- Consumables
- Sterilization Supplies
- Protective Apparel & Textiles
- Infectious Waste Disposal
By End User:
- Hospitals & Clinics
- Pharmaceutical Companies
- Clinical Laboratories
- Medical Device Companies
- Life Science Industry
- Academic and Research Centers
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- The Middle East & Africa
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
