Global Infection Prevention Market to reach USD 54.63 billion by 2027.Global Infection Prevention Market is valued approximately USD 43.23 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 3.40% over the forecast period 2021-2027. Infection prevention practices or procedures are used to reduce the risk of bacteria entering the body and cause any harm. These practices are used by every individual, professionals, patients, etc. majorly in health care environment. As mentioned in an article by NCBI, according to US Center for Disease Control and Prevention, each year approximately 1.7 million patients admitted in hospitals gets Hospital-Acquired Infections (HAIs). The patients get these infections while getting treated for other health issues for which they had been admitted. The same article also mentions that approximately 98,000 of 1.7 million patients die as a result of Hospital-Acquired Infection. This fact anticipates the raise in Sterilization and Disinfectant products. Due to the pandemic, governments all over the world are highly active and concerned about the healthcare of their country. For instance, according to the Centers for Disease Control and Prevention , the US government in September 2021 announced an investment of $2.1 billion to improve infection prevention & control practices for the public and healthcare workers of U.S. This can be a major driver for Global Infection Prevention Market. Geriatric population tends to be more sensitive when it comes to any health-related issue. In a report, United Nations states that the global geriatric population people aged 60 years or above, was 962 million in 2017 and is expected to be doubled by 2050, reaching approximately 2.1 billion. Increasing Geriatric Population is expected to increase the demand for infection prevention products. However, adverse effects of chemical disinfectants, impedes the growth of the market over the forecast period of 2021-2027. Also, with the increased usage of E-beam sterilization, is likely to increase the market growth during the forecast period.

The regional analysis of Global Infection Prevention Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is a significant region across the world in terms of market share owing to the increasing demand for disinfection & sterilization products. Whereas, Europe is also anticipated to exhibit the highest CAGR over the forecast period 2021-2027. Factors such as rising geriatric population would create lucrative growth prospects for the Infection Prevention Market across Asia-Pacific region.

Major market player included in this report are:
STERIS plc.
Getinge AB
Cantel Medical Corporation
Advanced Sterilization Products
3M Company
Belimed AG
MMM Group
MATACHANA Group
Reckitt Benckiser Group Plc.
Melag

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
Sterilization Equipment
Disinfectors
Others
By Application:
Pharmaceuticals Company
Hospitals
Clinics
Other
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027

Target Audience of the Global Infection Prevention Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors