Global infection control market was valued at US$18.546 billion in 2017 and is projected to expand at a CAGR of 6.90% over the forecast period to reach US$27.673 billion by 2023. Increasing awareness about clean and hygienic workplace supported by strict government regulations is driving the demand for infection control solutions and services worldwide. Booming global healthcare sector due to rising geriatric population, growing global population base, and increasing number of chronic diseases is one of the major drivers of infection control market. Growing usage of infection control solutions and services in other verticals such as pharmaceutical, and food processing will also lead to high market growth during the forecast period. Geographically, North America dominated the global Infection Control market in 2017 owing to strict regulation policies for infection prevention in healthcare industry. However, Asia-Pacific market is expected to witness the highest CAGR during the forecast period owing to the rising awareness for the prevention of hospital-acquired infections (HAIs) in the region along with growing demand for infection control services across other end-use industries.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the Global Infection Control value chain. Last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the Global Infection Control market.
Major industry players profiled as part of the report are 3M, Belimed, Cantel Medical, MMM Group, and Steris Corporation among others.
Global Infection Control market has been analyzed through following segments:
By End User Industry
Food and Beverage
Middle East and Africa