The global healthcare-associated infection control market was valued at more than $50 million in 2014 and is expected to grow considerably over the next few years, according to a new market research report.
The rapidly aging population and an increase in the incidence of various HAIs are just two of the factors leading to a growth in the infection control market.
Highlighted below are five findings from the market report published by Persistence Market Research.
1. The global HAI control market is expected to reach nearly $83 million in 2020, growing at a compound annual growth rate of 8.5 percent.
2. North America has the largest market for the global HAI control market due to quality improvements at healthcare facilities in the region.
3. The North American market for HAI control is estimated at roughly $21 million in 2014 and is expected to reach $34 million in 2020, growing at a compound annual growth rate of 8.3 percent.
4. In terms of type, cleaning and sterilization is the fastest growing segment.
5. Treatment of primary bloodstream infections is the fastest growing market in terms of diseases.
More articles on HAIs:
How HAIs lead to direct, indirect and unintended hospital costs
How the VA, HCA dramatically reduced MRSA infections
Nurse-physician collaboration may decrease HAIs, study finds