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Hospital-Acquired Infection Control Market Size, Trends & Analysis - Forecasts to 2026 By Product Type (Heat Sterilization Equipment, Moist Heat Sterilization, Dry Heat Sterilization, Low-Temperature Sterilization Equipment, Radiation Sterilization Equipment, Disinfection Equipment, Endoscopic Reprocessor Systems, Disinfector, and Disinfectants); By End-User (Hospitals, Ambulatory Surgical Centres, Medical Institutions, Diagnostic Laboratories, Clinics, and Others); By Region (North America, Europe, Asia Pacific, MEA, and CSA); End-User Landscape, Vendor Landscape, and Company Market Share Analysis and Competitor Analysis
The market is estimated to project a record-breaking growth in the future period. The growth of this industry is associated with the increased use of disinfectors in the healthcare space. The hospital-acquired infection control comprises various products, services, solutions - all implemented to prevent and control the infections originating from hospitals. The quick rise in advancement of technology and state of art devices and rising awareness related to such products and services across various end-users influences the market to trend upwards.
Along with advancing of the market owing to increasing growth opportunities for emerging technologies has prompted the hospital-acquired infection control market to accelerate and grow for the future predicted period. Accompanied with the widespread compliances and stringent regulations by hospital authorities and the need to boost health infrastructure are the driving forces accounting for the growth of the hospital-acquired infection control market.
Based on the type of products, the market comprises various types of products and services ranging from Heat Sterilization Equipment, Heat Sterilization Equipment, Moist Heat Sterilization, Disinfector, and Disinfectants. Disinfectants are expected to report lucrative growth owing to increasing demand from hospitals as it helps to ensure regular cleaning and disinfecting of the environment. Owing to the COVID-19 scenario, the use of disinfectants has increased greatly across the medical domain.
Based on end-user, the users of this market are Ambulatory Surgical Centres, Hospitals, Medical Institutions, Diagnostic Laboratories, Clinics, and Others. The Hospitals and ICUs account for lucrative growth for use of the products of the infection control market and holds the largest share in this market. Along with the advancement of technology and state of art devices and rising health awareness among the population, the rise in infections through medical devices will prompt the market to grow for years to come.
Based on the region, the North American region held the dominating position for this market worldwide. The Asia Pacific region and Europe are also poised to grow upwards owing to the massive adoption of hospital-acquired infection control solutions, growth of several hospitals, increasing heath infrastructure expenditure by the government, increasing medical tourism, and a plethora of opportunities for the utilization of disinfectants across diverse industry verticals for the two regions.
Olympus Corporation, Medivators Inc., The 3M Company, Gentige Group, STERIS Plc., Belimed AG, Steeloco S.P.A, Pfizer Inc., F. Hoffmann-La Roche Ltd. Merck & Co., Inc., Abbott Laboratories, Alere Inc., Bayer AG, Cepheid Inc., and others, are the major vendors competing in this market.
Please note: This is not an exhaustive list of companies profiled in the report.
In April 2019, Cardinal Health planned to acquire Mscripts, which offers engagement solutions online through web, and health platforms.
In May 2020, Getinge AB, showcased certain indicators to enable and enhance patient safety.
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The Global Hospital-Acquired Infection Control Market has been studied from the year 2019 till 2026. However, the CAGR provided in the report is from the year 2021 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Hospital-Acquired Infection Control Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.
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