Infection Control Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2020 - 2030
Global Infection Control Market – Overview
The pandemic has disrupted healthcare systems worldwide, with hospitals being overwhelmed due to the increasing influx of patients. Temporary hospitals are also being set up to deal with the growing number of cases. Hence, the spread of COVID-19 has spurred a surge in demand for cleaning and disinfection products due to the growing awareness about hygiene, health, and safety. The infection control market is expected to witness promising growth opportunities in the coming years of the forecast period as multiple driving factors are expected to push its development.
Global Infection Control Market – Notable Developments
Some of the notable developments in the global infection control market are listed below:
Global Infection Control Market – Drivers and Restraints
There are several factors that are helping to drive the overall development of the global infection control market. One of the key driving factors for the market growth has been growing incidence of hospital acquired infections. Some of the other important factors can be noted as growing number of surgical procedures, increasing geriatric population that need regular medical attention, and rising incidences of chronic disorders.
On the other hand, concerns regarding the safety of reprocessed instruments are expected to limit market growth to some extent in the coming years. This, along with factors such as the high cost of endoscope reprocessing, limited reimbursement in developing countries, and end-user non-compliance with sterilization standards, may hamper the growth of the market.
Global Infection Control Market – Geographical Segmentation
In terms of geographical segmentation, the global infection control market can be segmented in to five key regions. These regions are North America, Latin America, Asia Pacific, Europe, and the Middle East and Africa. Of these, currently, the global infection control market is being dominated by the regional segment of North America. The growth of the regional segment can be attributed to the presence of a highly developed and matured healthcare sector. In addition to this, presence of key players operating in the region has also helped the overall development of global infection control market in North America.
On the other hand, the regional segment of Asia Pacific is expected to witness promising growth opportunities in the coming years of the forecast period ranging from 2018 to 2028. The growth of the region can be attributed to the increasing investments directed towards the development medical and healthcare infrastructure. In addition to this, more activities and funding for research and development activities are also likely to help the development of infection control market in the Asia Pacific region.
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