Global Infection Control Market is Expected to Grow at A CAGR of 6%–7%

Date: 2015-09-09

“Sterilization and disinfection are essential components of infection control procedures. New technologies like E-beam and gamma are poised to garner strong market shares in the future, due to their greater product compatibility and low prices. These technologies have been beneficial for medical packaging, food irradiation, medical disposables, and microbiological equipment sterilization. 

The sterilization market is segmented into heat sterilization, low temperature sterilization, and filtration sterilization. Heat sterilization accounted for the largest share of the sterilization market in 2014. The low temperature sterilization market is the fastest-growing segment during the forecast period. Low temperature sterilization is fast and non-toxic, as compared to the other sterilization technologies available; it also has greater material compatibility.

The global infection control market is expected to grow at a CAGR of 6%–7% during the forecast period (2015 to 2020). In 2014, North America commanded the largest share of the global infection control market, followed by Europe, Asia-Pacific, and RoW. Developed geographies like North America and Europe are likely to grow at a lower CAGR as compared to the Asia-Pacific market, which is expected to witness the fastest growth during the forecast period. Growth in the Asia-Pacific market is largely driven by the rise in health awareness, growth of aging population, increase in number of surgical procedures, and growth in per capita income.

Some of the major players in the infection control market are 3M Company(U.S.), Getinge Group(Sweden), STERIS Corporation(U.S.), Medivators (U.S.), Advanced Sterilization Products Services Inc. (U.S.), Belimed AG (Switzerland), Kimberly-Clark Corporation (U.S.), Sterigenics International Inc.(U.S.), MÜNCHENER MEDIZIN MECHANIK GMBH (MMM) (Germany), and Synergy Health (U.K.).

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