The infection control market is projected to expand through 2021, a MarketsandMarkets report found.
Here are six takeaways:
1. The market is expected to hit $17.78 by 2021.
2. From 2016 to 2021, the market is projected to increase at a compound annual growth rate of 6.5 percent.
3. Factors spurring market growth include growing incidence of hospital-acquired infections, more surgical procedures, increased awareness about the need of food sterilization as well as awareness about disinfection.
4. The increasing aging population and growing prevalence of chronic diseases will fuel market growth.
5. Comparatively, more stringent regulatory and compliance requirements will hinder market growth.
6. Key vendors include 3M, Belimed, Halyard Health, Getinge Group, Advanced Sterilization Products, STERIS, Sterigenics, MMM, Cantel Medical and Matachana.
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