Infection Prevention Devices Market Growth At A Cagr Of 6.20% In The Forecast Period Of 2019 To 2026

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Market Analysis: Global Infection Prevention Devices Market
Infection prevention devices market is expected to register a substantial CAGR of 6.20% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the advancements in technological expertise giving rise to various product innovations presented by various manufacturers.
Market Definition: Global Infection Prevention Devices Market
Infection prevention devices are the collection of consumables, disposables and medical devices that are used for the prevention of infection prevalence in patients and workers in various healthcare facilities. These consist of surgical gloves, textiles, surgical gowns, disinfectants, disinfecting equipment, devices and various other offerings presented by different market players. The major objective of these systems is to prevent the incidence of infection prevalence.
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... Market Drivers
• Increasing investment being incurred by various healthcare organizations on the expansion of their capabilities and infrastructural facilities; this factor is expected to drive the growth of the market
• Greater focus on prevention of diseases and disorders from the global population rather than the cure can fuel the growth of this market
• Concerns regarding the incidences of anti-biotic resistance and degraded growth of anti-biotics development requiring better levels of anti-biotic development also acts as a market driver
• High levels of growth associated with the geriatric population who are more prone to longer duration of hospital stays is expected to propel the market growth
Market Restraints
• Advancements in the capabilities of healthcare facilities reducing the duration of hospital stay of patients can hinder the market growth
• Lack of preference of patients to visit hospitals and other healthcare facilities due to high costs of treatment restricts the growth of this market
Segmentation: Global Infection Prevention Devices Market
By Product
• Infection Prevention Supplies
o General
o Protective Apparel & Textiles
o Disinfectants
o Medical Gloves
• Medical Waste Disposable Devices
o Sterilization Products
• Infection Prevention Equipment
o Safety Enhanced Medical Devices
By End-User
• Hospitals
• Lifescience Industries
• Clinical Laboratories
• Others
By Geography
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o Italy
o U.K.
o France
o Spain
o Netherlands
o Belgium
o Switzerland
o Turkey
o Russia
o Rest of Europe
• Asia-Pacific
o Japan
o China
o India
o South Korea
o Australia
o Singapore
o Malaysia
o Thailand
o Indonesia
o Philippines
o Rest of Asia-Pacific
• South America
o Brazil
o Rest of South America
• Middle East and Africa
o South Africa
o Rest of Middle East and Africa
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Key Developments in the Market:
• In July 2019, Hollister Incorporated announced that they had received 2019 Innovative Technology designation for their “VaPro No Touch Instrument Catheter” from Vizient, Inc. The designation was provided based on the various recommendations and the potential of the technology to effectively enhance the patient care, and improve the overall safety of workers & patients. This innovative system allows for better protection of patients against germs for the entire catheterization processing
• In June 2017, Mölnlycke Health Care AB announced the launch of a new patient bathing solution helping establish greater strength of the company for this portfolio. “HIBI Universal Bathing System” is an innovative bathing system consisting of large, disposable cloths which act as the bath basin. This technology helps reduce the need for reusable basins and improves the overall comfort of healthcare operations for patients and professionals
Competitive Analysis:
Global infection prevention devices market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of infection prevention devices market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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Key Market Competitors:
Few of the major competitors currently working in the global infection prevention devices market are Advanced Sterilization Products; Cardinal Health; PAUL HARTMANN AG; Mölnlycke Health Care AB; 3M; B. Braun Melsungen AG; Medline Industries, Inc.; BD; Ahlstrom-Munksjö; ANSELL LTD.; Cantel Medical; The Clorox Company; Contec Healthcare; Getinge AB; GOJO Industries, Inc.; Allen Medical Systems, Inc.; Cygnus Medical; Micro-Scientific; STERIS plc and Terumo Corporation among others.
Primary Respondents
Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.
Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
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