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Hospital Infection Prevention And Control Market Is Expected To Reach US$ 245.6 Mn By 2024

The latest market report published by Credence Research, Inc. “Hospital Infection Prevention and Control Market – Growth, Future Prospects, and Competitive Analysis, 2016 – 2024,” the global hospital infection prevention and control market was valued at US$ 142.6 Mn in 2015, and is expected to reach US$ 245.6 Mn by 2024, expanding at a CAGR of 6.3% from 2016 to 2024.

The purpose of the report is to illustrate the state of the market of Hospital Infection Prevention And Control, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2017, and also, to build a forecast for the growth of the industry in the medium term until 2026.

Browse here for full report: https://www.credenceresearch.com/report/hospital-infection-prevention-and-control-market

Market Insights

The market experts suggest that healthcare associated infections are a costly issue faced by many hospitals across the globe. Hospital acquired infections are type of infections that are observed in patients during the course of receiving treatment for unrelated conditions. According to the World Health Organization (WHO), infectious waste contributes in this way to the risk of nosocomial infections, putting the health of hospital personnel, and patients, at risk. The Centers for Disease Control and Prevention (CDC) statistically suggested that, with approximately 300,000 occurrences each year, surgical site infections (SSIs) are the second most prevalent HAI in the United States, preceded only by urinary tract infections. At a cost of approximately US$ 10 Bn annually, this high incidence of SSIs significantly impacts the U.S. healthcare system, as well as the bottom line of individual hospitals.

The occurrence of nosocomial infections has been observed worldwide in both developed and resource-poor countries. Key factors assisting the growth of hospital infections prevention and control market are rising prevalence of infections, implementation of stringent guidelines associated with hospital infection prevention and control, developing healthcare infrastructure in emerging countries, and rising number of hospitals across the world.

The global hospital infection prevention and control market is segmented by infection type as pneumonia, urinary tract infection, blood stream infection, surgical site infection, MRSA and others. These are the major types of hospital acquired infections that find the highest prevalence. As sourced from the CDC, ventilator associated pneumonia and surgical site infection are the most common conditions followed by GI infection, UTI, and primary blood stream infection.

Global Hospital Infection Prevention and Control Market are segmented by Product type as Infection Prevention Supplies, Infection Prevention Equipment and Infection Prevention Services. Infection prevention supplies held the largest share in the overall hospital infection prevention and control market.

Based on the therapeutic application type, the global hospital infection prevention and control market is segmented as follows:

  • Infection Prevention Supplies
    • Disinfectants
    • Protective Apparel & Textiles
    • Safety-Enhanced Medical Devices
    • Sterilization Supplies
    • Medical Waste Disposal Supplies
  • Infection Prevention Equipment
    • Endoscope Reprocessors
    • Sterilization Equipment
    • Washing/Disinfecting Equipment
    • Other Infection Prevention Equipment
  • Infection Prevention Services
    • Endoscope Reprocessors
    • Sterilization Equipment
    • Washing/Disinfecting Equipment
    • Other Infection Prevention Equipment

As of the current market scenario, North America formed the largest market for hospital infection prevention and control market due to rising prevalence of the nosocomial infection and stringent regulation followed by the hospitals, clinicians and care givers aligning with regulatory bodies. Asia Pacific is the fastest growing segment with increase in awareness of the healthcare associated infection, rising investment in health care infrastructure, technological advancement and new protocols and programs conducted for infection prevention and control in line with WHO guidelines.

Market Competition Assessment:

Key players in the Hospital Infection Prevention Control market are

3M Company, Ansell Ltd., Becton, Dickinson and Company, Belimed AG, Bemis Company, Inc., B. Braun Melsungen AG, Cantel Medical Corp., Cantel Medical Corp., Covidien plc, Crosstex International, Inc., Danaher Corp., Diversey, Inc., Getinge Group, Johnson & Johnson, Halyard Health, Inc., MMM Group, Matachana Group, Medivators, Inc., Purdue Pharma LP, Sealed Air Corp, Semperit AG Holding, Synergy Health plc, and Terumo Corp.

Why was the report written?

This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global Hospital Infection Prevention And Control buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.

What is the current market landscape and what is changing?

Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.

The report on the market of Hospital Infection Prevention And Control contains:

Analysis and forecast of Hospital Infection Prevention And Control market dynamics;

Analysis of domestic production, market shares of the main market players;

Analysis of exports and imports;

Analysis of factors, leading the development of the Hospital Infection Prevention And Control market;

Assessment and forecast of Hospital Infection Prevention And Control market development;

Financial and business profiles of the leading companies in the Hospital Infection Prevention And Control industry.

Scope

– Up to date working Hospital Infection Prevention And Control data by major regions in the world, the forecast of planned capacity additions by 2026

– The annual breakdown of capital expenditure spending on proposed Hospital Infection Prevention And Control for the period 2018 to 2026

– Planned Hospital Infection Prevention And Control additions and capital expenditure spending by key countries and companies across the world

– Planned capital expenditure spending on new Hospital Infection Prevention And Control projects by region, key countries, and companies

– Details of major planned Hospital Infection Prevention And Control projects in the world up to 2026

Also you can request us for sample in pdf with more details and graph: https://www.credenceresearch.com/sample-request/58360

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