Market Size of Infection Control Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
CAGR | 6.50 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Infection Control Market Analysis
The infection control market is projected to register a CAGR of 6.5% during the forecast period (2021-2026).
The infection control market is primarily driven by the high prevalence of nosocomial infections and the growing number of surgeries that require control measures to stop spreading. According to the Centers for Disease Control and Prevention (CDC), about one in every 20 patients admitted for the treatment will develop a nosocomial infection. Hospital-acquired infections result in more than 99,000 deaths each year. The lack of awareness regarding infection control and stringent regulatory requirements are anticipated to impede market growth. However, the government and non-government organizations' initiatives regarding infection control, coupled with the growing control measures by the healthcare providers in hospitals, are expected to drive the market growth. For instance, in January 2020, The Ministry of Health and Population has launched the second phase of Infection Control Initiatives in nine governorates of Egypt.