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Hospital acquired infection control market reaches $16 billion
In its latest report, Kalorama Information says that the global hospital acquired infection control market was worth about $16.0 billion in 2016. The figure includes testing products, device sterilisation, specific cleaning products and HAI treatments.
The healthcare market research firm's report, Hospital Acquired Infection (HAI) Control Markets, provides market analysis for the prevention, diagnosis, and treatment segments of such infections.
"The infection control market is a probable growth market for some time," says Bruce Carlson, publisher of Kalorama Information (a specialist division of marketresearch.com). "There will always be a need to control these infections, as many of the bacteria that cause infection evolve and develop resistance to antimicrobials. New approaches to preventing, diagnosing, and treating such infections will be required for the long-term."
The prevention segment of the HAI control market encompasses both sterilisation and disinfection equipment. There is a growing trend for department-wide treatments and a revolving replacement rate is continuing to generate market stability. The rate of replacement for typical steam, heat or chemical sterilisers is between 8 and 11 years, which offers a stable replacement sales base. New technologies are a driving factor for growth, with increasing interest in wide-area sterilising and disinfecting programmes.
Diagnosis - testing for nosocomial infections - is a fast-growing market segment. The increased awareness of infections is improving sales for the segment; admission screening and susceptibility testing are become popular choices for reducing infection risks.
The treatment segment of the HAI control market has struggled to maintain growth with a weak development pipeline, growing generic product introductions, and growing resistance problems. However, more advanced products effective at treating serious infections demand a higher price, which is continuing to offset some challenges in the market.
Kalorama Information's Hospital Acquired Infection (HAI) Control Markets provides market estimates and forecasts of the markets for the prevention, testing, and treatment of infections in healthcare surroundings, including the world revenues for 2010-2021 for hospital infection control, for hospital infection treatment and for hospital infection prevention equipment and consumables (sterilisation/disinfection). Sales information is also provided for the different market segments by primary geographic region (United States, Europe, rest of world) and leading manufacturers' shares.
Image courtesy of www.cdc.gov
9th March 2017