Global infection control market is expected to reach USD 15.8 billion by 2024


Posted January 13, 2017 by ravikantdubey

Global infection control market is expected to reach USD 15.8 billion by 2024 from USD 9.7 billion in 2016, at a CAGR of 6.3% in the forecast period 2017 to 2024.

 
Global infection control market is expected to reach USD 15.8 billion by 2024 from USD 9.7 billion in 2016, at a CAGR of 6.3% in the forecast period 2017 to 2024. The new market report contains data for historic years 2014 & 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
The global infection control market is segmented on the basis of type, product type, end-user and geography.
On the basis of type the infection control market is segmented into disinfection technology and sterilization technologies. In 2017, the disinfection technology market segment is expected to dominate the market with 62.1% market share and is expected to grow at the highest CAGR of 6.1% in the forecast period 2017 to 2024.

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On the basis of type the infection control market is segmented into disinfection technology and sterilization technologies. In 2017, the disinfection technology market segment is expected to dominate the market with 62.1% market share and is expected to grow at the highest CAGR of 6.1% in the forecast period 2017 to 2024.

Based on end users the market is segmented into hospitals, medical device manufacturers, pharmaceutical manufacturers, laboratory, food and beverage industry, and others. The hospitals segment is expected to dominate the market in 2017 and is expected to grow at the highest CAGR of 8.9% in the forecast period. The high growth rate of hospitals segment is owing to increasing need for safety against hospital borne infections which generally causes fatal comorbidities.

Based on geography the market is segmented into 5 geographical regions, North America, Europe, Asia-Pacific, South America and Middle East and Africa. The geographical regions are further segmented into 24 major countries such as U.S. Canada, Mexico, Germany, France, U.K., Belgium, Switzerland, Turkey, Japan, China, Singapore, Brazil, India, Russia, South Africa and many others. In 2017, North America is expected to dominate the infection control market with 47.6% market share followed by Europe and APAC. However the APAC region is expected to grow at the highest CAGR of 12.3% in the forecast period 2017 to 2024.

Read more: http://databridgemarketresearch.com/global-infection-control-market-poised-grow-6-3/

The global infection control market report contains an in-depth profiling of the key market players, along with the recent developments (New product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their positions in the market. Some of the major players operating in this market are 3M Company, MMM Group, Kimberley-Clark, Belimed AG (A Metall Zug Group Company), Cantel Medical Corporation, Sterigenics International, Inc., Steris PLC, Getinge Group, Halyard Health, Inc., Advanced Sterilization Products (A Johnson & Johnson Company), Matachana Group, Olympus Corporation, Domtar Corporation, Medtronic, Bio-Cide International, Inc., CareFusion Corporation, and Molnlycke Health Care AB among others.
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Categories Health , Medical
Tags disinfectant wipes disinfection , disinfectants , endoscope reprocessors disinfection , filtration products , heat products
Last Updated January 13, 2017