14/04/2024
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Infection Control Market Global Forecasts

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The global infection control market is expected to grow at a compound annual growth rate (CAGR) of 3.1% from 2022 to 2027 to reach $58.3 billion by 2027, according to a new report by MarketsandMarkets. Key factors driving this growth include the high incidence of hospital-acquired infections (HAIs), the growing healthcare industry and outsourcing of operations to emerging economies, and the increasing number of surgical procedures.

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HAIs are a major driver of the infection control market, causing significant morbidity and mortality worldwide. Medical devices used in diagnostic and therapeutic procedures are a key transmission route for these infections. This is creating significant demand for effective infection control products like sterilization equipment, disinfectants, and protective barriers.

However, chemical disinfectants can have toxic properties and adverse environmental effects if used improperly. The development of alternative surface disinfection technologies is also posing a challenge to traditional liquid and spray disinfectants. Technologies currently in development include electrolyzed water, cold atmospheric plasma, self-disinfecting surfaces, and no-touch decontamination systems.

Among products and services, protective barriers accounted for the largest revenue share in 2022. This segment is driven by the rising adoption of medical nonwovens like surgical drapes and gowns across surgical procedures, due to growing awareness of infection control and HAIs. Meanwhile, the sterilization equipment segment is expected to see the fastest growth over the forecast period thanks to its cost-effectiveness, ease of setup, and wide applications.

By end-user, hospitals and clinics are anticipated to see the highest growth through 2027. Key factors includes the rising prevalence of HAIs, an increasing number of healthcare facilities in Asia, and a higher volume of surgical procedures being performed globally.

Geographically, North America had the largest infection control market share in 2022. Growth drivers in this region include its aging population, stringent regulations around sterilization and disinfection, advanced healthcare infrastructure, and innovations in surface disinfectant compositions.

The report identifies key players in the global infection control market as Steris Plc, Getinge AB, Ecolab Inc., 3M Company, and Advanced Sterilization Products. Recent developments from these companies demonstrate a focus on partnerships, new facility openings, and mergers and acquisitions to meet rising demand and expand service capabilities.

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With HAIs causing significant health and economic burdens worldwide, the infection control market is poised for steady growth in the coming years. Companies that invest in developing innovative products, tapping high-potential markets, and strategic partnerships will be best positioned to capitalize on this opportunity.

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