Hospital Acquired Infections Market – Global Market Size, Strategic Growth Drivers, Risk Assessment Framework, Regulatory Landscape Review, Competitive Intensity Mapping & Long-Term Industry Outlook to 2029
Overview
Hospital Acquired Infections Market is expected to grow at a CAGR of 6.13% during the forecast period. Global Hospital Acquired Infections Market is expected to reach US$ 35.02 Bn. by 2029.
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Hospital Acquired infections Market Dynamics
Hospital acquired infections (HAIs) are also referred to as nosocomial infections. In this kind of infections, the patient acquires additional diseases while receiving cure for surgical or medical conditions. HAIs are probable in all settings of care, including surgical centres, hospitals, long-term care facilities such as rehabilitation facilities and nursing homes, and ambulatory clinics.
HAIs are more prevalent in developing countries. Certain factors that are driving the market growth include the increase in hospital stay due to chronic diseases and surgeries, rise in the incidences of different types of hospital-acquired infections. Additionally, factor like rise in geriatric population base coupled with demand for hospital-acquired infection diagnostics from middle and low-income economies.The report study has analyzed revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis.
However, factors such as increased microbial resistance, counterfeit and spurious products, off label usage of drugs and antiseptics, increased application of glass and ceramics in building materials, extensive market fragmentation, tough competition, penetration of generics, and loss of patent, are acting as significant restraints to the market growth.
Hospital acquired infections market is segmented by infection type, method of treatment, and pathogen types. By pathogen types, the market is segmented into bacterial, fungal, and viral. Based on treatment method, the market has been segmented into Sterilants, Disinfectants and other products. Based on infection type, the market has been segmented into bloodstream infections, urinary tract infections, gastrointestinal infections, respiratory infections, and surgical site infections.
Hospital Acquired infections Market Regional Insights
By geography, Hospital acquired infection is segmented into Europe, North America, APAC, Middle East & Africa, and Latin America. North America is the largest regional segment of the global hospital acquired infection control market. Moreover, the APAC and Latin American regions are expected to witness significant growth over the forecast period. Primarily due to rising incidences of HAIs, growing number of hospitals, increasing medical tourism in emerging countries such as China and India, rising aging population with the resultant increase in the number of chronic disease cases.
The hospital acquired infection market is dominated by major players such as Becton, Dickinson and company, Advanced Sterilization Products, Belimed AG, Getinge AB, Cantel Medical Corp., STERIS Corporation, 3M Company, and others.
The objective of the report is to present comprehensive analysis of Hospital Acquired Infections Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers the all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region.
PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give clear futuristic view of the industry to the decision makers. The report also helps in understanding Hospital Acquired Infections Market dynamics, structure by analysing the market segments, and project the global critical communication market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Hospital Acquired Infections Market make the report investor’s guide.
Hospital Acquired Infections Market Scope: Inquire before buying
| Global Hospital Acquired Infections Market | |||
|---|---|---|---|
| Report Coverage | Details | ||
| Base Year: | 2022 | Forecast Period: | 2023-2029 |
| Historical Data: | 2018 to 2022 | Market Size in 2022: | US $ 23.09 Bn. |
| Forecast Period 2023 to 2029 CAGR: | 6.13% | Market Size in 2029: | US $ 35.02 Bn. |
| Segments Covered: | by Pathogen Types | Viral Bacterial Fungal |
|
| by Method of Treatment | Sterilization Chemical Radiation |
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| by Infection Type | Urinary Tract Infections Blood Stream Infections Surgical Site Infections Gastrointestinal Infections Respiratory Infections |
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Hospital Acquired Infections Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Hospital Acquired Infections Market Key players
1. Becton
2. Dickinson and Company (U.S.)
3. Steris Corporation (U.S.)
4. Advanced Sterilization Products
5. Getinge Group (Sweden)
6. Kimberly-Clark Corporation (U.S.)
7. Cantel Medical (U.S.)
8. BioMérieux SA (France)
9. Belimed AG (Switzerland)
10.3M Company (U.S.)
11.Sterigenics International LLC. (U.S.)
12.Synergy Health, plc (U.K.)
13.Abbott
14.Astra Zeneca
15.Bayer AG
16.Pfizer Inc.
17.GlaxoSmithKline plc
18.Johnson and Johnson Services, Inc.
19.Merck and Co., Inc.
20.Cipla Inc.
21.Eli Lilly and Company
22.Bristol-Myers Squibb Company
23.F. Hoffmann-La Roche Ltd.
Frequently Asked Questions:
1. Which region has the largest share in Global Hospital Acquired Infections Market?
Ans: North America region holds the highest share in 2022.
2. What is the growth rate of Global Hospital Acquired Infections Market?
Ans: The Global Market is growing at a CAGR of 6.13% during forecasting period 2023-2029.
3. What is scope of the Global market report?
Ans: Global Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.
4. Who are the key players in Global market?
Ans: The important key players in the Global Market are – Becton, Dickinson and Company (U.S.), Steris Corporation (U.S.), Advanced Sterilization Products, Getinge Group (Sweden), Kimberly-Clark Corporation (U.S.), Cantel Medical (U.S.), BioMérieux SA (France), Belimed AG (Switzerland), 3M Company (U.S.), Sterigenics International LLC. (U.S.), Synergy Health, plc (U.K.), Abbott, Astra Zeneca, Bayer AG, Pfizer Inc., GlaxoSmithKline plc, Johnson and Johnson Services, Inc., Merck and Co., Inc., Cipla Inc., Eli Lilly and Company, Bristol-Myers Squibb Company, F. Hoffmann-La Roche Ltd., and
5. What is the study period of this market?
Ans: The Global Market is studied from 2022 to 2029.