DALLAS, June 18, 2015 /PRNewswire/ --
According to a new market research report "Infection Control Market by Disinfection (Endoscope Reprocessing, Disinfectant, Disinfector, Surgical Drapes, Gowns, Disinfectant Wipes, Face Mask), Sterilization (Moist Heat, Dry Heat, Ethylene Oxide, E-beam, Contract Services) - Global Forecast to 2020", The global Infection Control Market is estimated to reach $16.7 Billion by 2020, growing at a CAGR of 6.7% during the forecast period 2015 to 2020.
Browse 262 market data Tables with 43 Figures spread through 370 Pages and in-depth TOC on "Infection Control Market"
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The Infection Control Market witnessed healthy growth in the last decade owing to rising aging population and prevalence of chronic diseases, an increase in the number of surgeries performed, and the rising occurrence of hospital-acquired infections. However, stringent regulations and saturation in developed economies will restrict the growth of the market to certain extent.
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In this report, the Infection Control Market is broadly split into two product segments disinfection and sterilization.
The disinfection technologies segment accounted for the largest share of the global Infection Control Market in 2014. This market comprises of disinfectors (equipment), disinfectants, medical non-woven products, and endoscope reprocessors. Medical non-wovens segment (comprising of surgical drapes, surgical gowns, sterilization wraps, face masks, and disinfectant wipes) accounted for the largest share of the disinfection technologies market in 2014. However, endoscope reprocessors is the fastest growing segments in the disinfection technologies market during the forecast period. This market is expected to grow at a highest CAGR of 9%-10% during the forecast period. Growing importance of diagnostic and therapeutic endoscopy procedures and increasing number of minimally invasive surgeries across the globe are some of the key factors contributing to the growth of this market.
On the other hand, growing demand for UV rays disinfectors is one of the key disinfectors markets. UV rays disinfector is the fastest growing segment in the disinfectors market. Replacement of chlorine-based disinfection with advanced disinfection techniques (UV and ozone being two major technologies) is the key trend boosting the adoption of UV rays disinfectors.
The sterilization technologies market is segmented into heat sterilization, low temperature sterilization, filtration, and ionization radiation sterilization markets. Low temperature sterilization is the fastest growing segments in the sterilization technologies market. This market is expected to grow at a CAGR of 9%-10% during the forecast period. This growth is mainly attributed to fast sterilization and non-toxicity of low temperature sterilization method as compared to other sterilization techniques available in the market; it also has high material compatibility. The low temperature sterilization market consists of ethylene oxide (EtO), vaporized hydrogen peroxide (VHP), peracetic acid, hydrogen peroxide gas plasma, ozone gas, and formaldehyde sterilization methods.
On the basis of end user, the Infection Control Market is segmented into hospitals, life sciences, medical device companies, pharmaceutical companies, food industry, and others. In 2014, the hospitals segment accounted for the largest share of the Infection Control Market, whereas the medical device companies segment is expected to grow at the highest CAGR from 2015 to 2020.
North America represented the largest regional market in 2014, followed by Europe, Asia-Pacific, and RoW. Asia-Pacific is the fastest-growing region, primarily due to the rise in awareness on infection control technologies, growth of aging population and resultant increase in the prevalence of chronic diseases, and increase in number of surgeries.
Major players in the Infection Control Market are 3M Company(U.S.), Getinge Group(Sweden), STERIS (U.S.), Medivators (U.S.), Advanced Sterilization Products (U.S.), Belimed AG (Switzerland), Sterigenics International Inc.(U.S.), Kimberly-Clark Corporation (U.S.), Sterigenics (U.S.), MÜNCHENER MEDIZIN MECHANIK GMBH (MMM) (Germany), and Synergy Health (U.K.).
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