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