Estimated CAGR growth rate being 5.3% during 2015-2020, the infection prevention & control market is rapidly becoming a default portion of the healthcare industry. With the potential to revolutionize the entire lifesciences industry, this market is in high demand with an aim to make the world a disease free place! Rising awareness among people; growing cases of surgeries; high number of elderly and aging population among the world are the primary market drivers noted.
Infection prevention & control market is basically the major and significant step in the development and maintenance of products in the Medical Devices, Pharmaceuticals, and food & beverage industries. The adoption of various means of personal protective equipment, disinfection, sterilization and in-house sterilization procedures by hospitals and end users industries has revolutionized the healthcare industry.
The introduction of technically enhanced instruments likes portable autoclaves, In-House & ethylene oxide (EtO) advanced sterilization in the Infection Prevention & Control Market has resulted in the drastic swing from the previous used equipment’s such as steam sterilizer.
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Statistics and Geographical Overview of the Infection Prevention & Control Market:
In the last few years, 44% of the total Infection Prevention & Control Market was owned by bacterial infections segment followed by 39% occupied by viral infections. IndustryARC projects the disinfection and sterilization market to expand 6.2% CAGR during forecast period. Anti-microbial drugs segment in North America is expected to grow at 4.5% CAGR upto 2020. The cost of the vaccines varies as per the infected microbes. Thus, followed by anti-bacterial drugs, vaccines show the highest growth rate of 4.8% towards the increasing demand of anti-microbial drugs, where most patients would be managed with a short course of therapy in comparison to the generic antibiotics. According to the World Health Organization, 30.85% of the globally registered hospitals are in the Americas.
North American has been concentrating on relatively easy commercial drugs which were driven by the increase in chronic diseases. This has led to the development of vaccines, since these are specific for a particular infection. The rapidly aging population in the U.S., Canada and Mexico will drive the need for efficient anti-microbial drugs in hospitals and senior care centers in this region.
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Segmentation of Infection Prevention & Control Market:
In this research analysis report by IndustryARC on Infection Prevention & Control Market, 5 broad factors of classification have been provided with in depth analysis of the sub segments as well.
1. By Infection: Microbial and Healthcare associated Infection
2. By Anti-Microbial Drugs: Anti- Bacterial Drugs, Anti- Viral Drugs, Anti-fungal Drugs and Vaccines
3. By Accessories and Equipment: Personal Protective Equipment, Disinfectants and Sterilization
4. By End User Industry: By Equipment Usage and By Drug Usage
By Equipment: Hospitals, Clinics, Medical Labs, Others
By Drug: Individuals, Patients, Nursing and Senior Care Centers
5. By Geography: North America, Europe, APAC and ROW
Vendors Brief of Infection Prevention & Control Market:
Infection Prevention & Control Market research report by IndustryARC has considered more than 40 top industry players of this market with some of them being:
Ø Covidien plc
Ø Getinge Group
Ø Hollister Incorporated
Ø Johnson & Johnson
Ø Kimberly-clark
Ø Merck & co
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