Global Infection Control Market

Infection Control Market Size, Share, Growth Analysis, By Product & Services(Sterilization Products & Services, Contract Sterilization Services, Consumables & Accessories, Cleaning & Disinfection Products), By End-User(Hospitals & Clinics, Medical Device Companies, Pharmaceutical Companies, Life Science Industry), By Region - Industry Forecast 2024-2031


Report ID: SQMIG35A2623 | Region: Global | Published Date: September, 2024
Pages: 165 | Tables: 65 | Figures: 75

Infection Control Market Insights

Global Infection Control Market size was valued at USD 45.31 billion in 2022 and is poised to grow from USD 48.17 billion in 2023 to USD 78.52 billion by 2031, growing at a CAGR of 6.3% in the forecast period (2024-2031).

The major factors driving the market are surgical and therapeutic procedures that greatly require infection control. High preference is assumed as it is believed that infection management achieves successful clinical outcomes. Growing demand for sterilization and disinfection in healthcare facilities, pharmaceutical firms, and medical device manufacturers due to the COVID-19 pandemic positively impacts the growth of the market. According to CNBC, the epidemic witnessed sanitizer product production go up by 60% in the US alone. This is one instance of how product developments may occur for infection control in the years to come. The infection control market is growing with new technologies in sterilizing and an increase in the outsourcing of sterilization services. The rising number of government initiatives toward ensuring extremely high infection prevention is one of the key development factors. Government agencies' global release of recommendations to promote awareness and effective preventive activities is expected to propel market growth over the specified period of the forecast. For instance, in the medical aspect, the World Health Organization has a set of guidelines that help prevent and manage acute respiratory disorders that may be vulnerable to pandemics and epidemics. For instance, from general matters such as handwashing often and wearing personal protection equipment, the recommendations run as far as standards for sterilization and disinfection. 

US Infection Control Market  is poised to grow at a sustainable CAGR for the next forecast year.

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Global Infection Control Market size was valued at USD 45.31 billion in 2022 and is poised to grow from USD 48.17 billion in 2023 to USD 78.52 billion by 2031, growing at a CAGR of 6.3% in the forecast period (2024-2031).

Giant companies such as Advanced Sterilization Products, STERUS Corporation, and Cantel Medical Corporation, which command most market share, use collaboration techniques by rivalry. Their focus was on competitive techniques such as mergers & acquisitions, new product development programs, and regional expansion. For instance, 3M recently introduced a four-hour rapid readout biological indicator for steam sterilization loads. It is designed to give results within four hours but is intended primarily for vaporized hydrogen peroxide sterilization. It was introduced to further expand the company's product line. 'Steris Plc (US) ', 'Getinge Ab (Sweden) ', 'Ecolab Inc. (US) ', '3M Company (US) ', 'Advanced Sterilization Products (Asp) (US) ', 'Sotera Health Company (US) ', 'Mmm Group (Germany) ', 'Matachana Group (Spain) ', 'Belimed Ag (Subsidiary Of Metall Zug Group) (Switzerland) ', 'Metrex Research Llc (US) ', 'Reckitt Benckiser (UK) ', 'Pal International (UK) ', 'Olympus Corporation (Japan) ', 'Melag Medizintechnik Gmbh & Co. Kg (Germany) ', 'The Miele Group (Germany) ', 'Systec Gmbh & Co. Kg (Germany) ', 'Contec, Inc. (US) ', 'Continental Equipment Company (US) ', 'Medalkan (Greece) ', 'C.B.M. S.R.L. Medical Equipment (Italy) ', 'Spire Integrated Solutions (US) ', 'Dr. Schumacher Gmbh (Germany) ', 'Acto Gmbh (Germany) ', 'Consolidated Sterilizer Systems (US) ', 'Ultrawave (UK) ', 'Arc Healthcare Solutions (Canada)'

The rising rate of healthcare-associated infections is one of the major market drivers in infection control. Through the awareness of the need for proper infection prevention strategies, the current increased cases of healthcare associated infections remind these providers that infections affect millions of patients every year. Such apprehension has increased costs in infection control practices and consumables such as PPEs, disinfectants, and sterilizing equipment. Health care organizations have approached infection control measures in a holistic manner with the emphasis put on safety of patients and quality of care provided. This has increased demand for innovative solutions to minimize risks of infections and to ensure better overall health care delivery. 

Use of High-Tech Advancement: Currently, in the infection control market, high-tech advancement, such as automation and digitalization, is being increasingly used to enhance the measures of infection prevention. Healthcare institutions are increasingly adopting smart technology for more efficient and effective infection control processes. Instances include automatic disinfection systems and real-time monitoring solutions. These advancements do not just facilitate the process but also give intelligence where compliance can be tracked and areas of need for improvement can be identified. It is expected that the embedding of technology in infection control plans with advancement in technology will bring massive change in patient safety and operational efficiency in healthcare settings. 

North America led global infection control market by leveraging over 30% in revenue. Through the various strategic partnerships, the major players in the industry have forged to expand their product lines and expand their infection control capabilities, it has achieved this significant market share. Furthermore, the resulting leading portion taken by North America is mainly due to the increased attempts of the established corporations throughout this area for expansion. For instance, Advanced Sterilization Products introduced the STERRAD 100NX System with ALLClear to the US and is now looking to further penetrate into Europe, Africa, and the Middle East.  

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Global Infection Control Market

Report ID: SQMIG35A2623

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