A new report from FMI highlights key factors propelling the growth of the infection prevention market. The report identifies rising surgical procedures, environmental sustainability trends, the development of biodegradable solutions, and growing awareness of health and hygiene as major drivers of market expansion.
NEWARK, Del., Dec. 12, 2023 /PRNewswire/ -- The global infection prevention market is estimated to be over US$ 40,845.2 million in 2024. Between 2024 and 2034, the market is predicted to grow at 3.1%, reaching a valuation of US$ 55,379.1 million by that year. The infection prevention and control market is expanding globally due to rising outsourcing efforts, healthcare spending, impressive healthcare standards, and infrastructural advances.
Request Exclusive Sample Report: Infection Prevention Market Strategic Insights: https://www.futuremarketinsights.com/reports/sample/rep-gb-13950
The number of surgical operations performed globally has increased. This is due to a rise in the frequency of lifestyle illnesses, increased obesity, and other factors. Aside from that, numerous athletes suffer from severe injuries, including spinal injuries and elbow injuries. As a result, many operations have increased the need for infection prevention kits.
Growing public consciousness of environmental sustainability opens up lucrative growth opportunities for the industry. Biodegradable gloves, eco-friendly packaging, and environmentally friendly production methods are just a few of the environmentally friendly and recyclable infection control items that are becoming increasingly popular. Manufacturers are trying to reduce the amount of garbage they produce and their carbon footprints.
Biodegradable infection control solutions from plant-based polymers derived from sustainable resources such as cornstarch, sugarcane, or cellulose are becoming increasingly popular. These polymers can create gloves, aprons, packing materials, and disposable gowns. Eco-friendly and biodegradable infection control solutions have propelled market expansion.
The growth in infection incidence indicates an increasing global need for efforts to address the underlying cause of sickness and reduce the risk of transmission. Revenues from reimbursement are expected because of the growing demand for consumables, disinfectants, and sterilizing equipment in the healthcare sector.
Customers are expected to demand infection-prevention products as they become more conscious of their hygiene and health. The aging population's growing desire for better healthcare is predicted to result in increasing sales potential.
Infection Prevention Industry Overview, 2024-2034:
Attributes |
Infection Prevention Market |
||
CAGR (2024 to 2034) |
3.1 % |
||
Expected Base Year Value (2024) |
US$ 40,845.2 million |
||
Anticipated Forecast Value (2034) |
US$ 55,379.1 million |
||
Growth Factors |
Growing prevalence of chronic disorders all over the world. |
||
Future Opportunities |
|
||
Key Companies profiled |
|
|
|
Understand global, regional, and country-level parameters with growth opportunities, historical data (2019-2023), and forecasts (2024-2034). Buy this report today!
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.), States, "The main factor driving the market is the growing demands for efficient cleaning and awareness of the need to clean and disinfect the environment. Furthermore, the market for infection prevention is poised for significant expansion because of the coronavirus outbreak."
Key Takeaways from the Infection Prevention Market:
- The United States infection control market is developing at a CAGR of 1.4%.
- China's infection prevention market is projected to grow at a rate of 4.0% until 2034.
- During the forecast period, Germany's infection solutions market is expected to achieve a CAGR of 1.9%.
- India's infection prevention market is anticipated to dominate the global market at a CAGR of 4.6% over the projected period.
- The market for antimicrobial solutions in the United Kingdom is expanding at a 2.0% CAGR.
- The healthcare-associated infections market was estimated to be dominated by consumables, with a market share of 41.0%.
- Hospitals & clinics segment is expected to hold a market share of 45.4%.
Key Strategies:
The global infection control market is highly competitive, with several companies participating. Market rivalry is fierce, with businesses contending for customers' attention by introducing new, high-quality products. Infection control is a highly competitive sector with many small and medium-sized establishments.
These businesses often focus on specific service or product categories within a given market. Many industry participants focus on organic market expansion through product debuts, approvals, and other variables such as patents and events. The inorganic growth tactics were partnerships, acquisitions, and collaborations.
Recent Developments:
- In November 2023, a Washington State University research team developed a groundbreaking 3D-printed surgical gadget that, in laboratory tests, eliminated 87% of the bacteria that cause staph infections.
- Protection Paints developed Vira-Protect, a long-lasting, efficient paint to help in infection management, using silver ions blended with water-based paint-compatible polyurethane in October 2023.
- Purchase this report now to get key companies with their Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis.
About Healthcare Division at Future Market Insights (FMI)
Future Market Insights (FMI) facilitates corporates, government, investors, and associated audiences in the healthcare sector to identify and accentuate vital aspects applicable to product strategy, regulatory landscape, technology evolution, and other crucial issues to achieve sustainable success. Our unique approach to gathering market intelligence equips you to devise innovation-driven trajectories for your business. Know more about our sector coverage here.
About the Author:
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges clients faces and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
Explore FMI's Extensive Coverage in the Healthcare Domain:
- Infection Control Market By Product, Application, End User & Region - Forecast 2022-2032. – Review and Request to Access the Sample Report.
- ECG Machine Market Forecast by ECG Resting System and Other Product Types for 2024 to 2034 - Review and Request to Access the Sample Report.
- Demand Forecast for Expectorant Drugs, by Secretion Enhancers and Over-the-Counter (OTC) Medicines from 2024 to 2034. - Review and Request to Access the Sample Report.
- Dry Skin Cream, Lotion, and Ointment Market Forecast by Herbal and Synthetic for 2024 to 2034. - Review and Request to Access the Sample Report.
- Digital Scale Market Forecast by Floor Scale and Chair Scale from 2024 to 2034. - Review and Request to Access the Sample Report.
- Increasing Demand for the Emergency Medical Service in EMEA by Basic and Advanced Life Support Through 2034. - Review and Request to Access the Sample Report.
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading market intelligence and consulting service provider, serving clients in over 150 countries. FMI is headquartered in Dubai and has delivery centers in the United Kingdom, the United States, and India. FMI's latest market research reports, and industry analysis helps businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition.
Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
Contact Us
Nandini Singh Sawlani
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
Logo: https://mma.prnewswire.com/media/1197648/3531122/FMI_Logo.jpg
Share this article