The Hospital-Acquired Infections (HAI) market is witnessing significant growth due to the increasing incidence of infections acquired during hospital stays, heightened awareness of infection control measures, and advancements in healthcare technologies. HAIs, also known as nosocomial infections, pose a substantial threat to patient safety and contribute to prolonged hospital stays and increased healthcare costs. The market encompasses a range of diagnostic tests, infection control products, nosocomially acquired, and treatment solutions designed to prevent and manage HAIs across various healthcare settings.
Technological innovations in diagnostic methods for early detection of infections, antimicrobial stewardship programs, and the development of infection prevention protocols contribute to the evolving landscape of the HAI market. The global emphasis on patient safety and healthcare quality, coupled with regulatory initiatives to reduce hospital-acquired infections, drives the adoption of infection control products and services. Additionally, the COVID-19 pandemic has heightened awareness regarding infection prevention practices, influencing the HAI market positively.
Collaborations between healthcare institutions, infection control product manufacturers, and research organizations propel ongoing advancements in the field. As healthcare systems globally strive to enhance infection prevention strategies and reduce the burden of HAIs, the Hospital-Acquired Infections market is expected to witness sustained growth, offering solutions to address the challenges associated with nosocomial infections.
The global hospital acquired infection market is expected to catapult to USD 29.55 billion by the end of 2022 from USD 23.7 billion in 2016, reveals Market Research Future (MRFR) in a minutely analyzed research report. Despite being equipped with state-of-the-art disinfecting technologies, hospital acquired infections continue to prevail in hospitalized patients and are the primary driver of the market which will help it to capture a CAGR of 1.4% over the forecast period of 2023-2032. Bacterial load in hospitals, crowding, temperature, and humidity raise the incidence of HAIs which necessitates diagnosis and treatment. Surging healthcare expenditures urges healthcare service providers to reuse medical equipment and supplies which increases the risk of infections in an inadvertent manner.
The rise in global geriatric population also contributes to the growth of the hospital acquired infection market. The aged population is vulnerable to acquiring infections from hospitals since they have decreased immunity. The market is expected to experience induced demand for treatment and diagnosis from the developing regions. Poor healthcare infrastructure and lack of proper hygiene in healthcare institutions in developing and underdeveloped economies is a major cause of increase HAIs. However, installation of sterilization equipment and decline of hospital acquired infections in developed countries hamper the growth of the market. Technological advancements such as sterilization technology, increasing usage of disposables in healthcare, and increasing awareness regarding hospital acquired infections are likely to restrain the growth of the market. New guidelines and regulations aimed at curbing and preventing hospital acquired infections also limit the growth of the market.
Competitive Landscape
The global hospital acquired infection market players is highly competitive with the presence of various established players. The notable players in the global hospital acquired infections market include Advanced Sterilization Products, Becton Dickinson and company, Getinge AB, Belimed AG, 3M Company, STERIS Corporation, Cantel Medical Corp., and others.
Segmentation
The global hospital acquired infection market has been segmented based on pathogen types, method of treatment and infection type. By pathogen types, the market has been segmented into viral, bacterial and fungal. By method of treatment, the market has been segmented into sterilization, chemical, and radiation. By infection type, the market has been segmented into urinary tract infections, bloodstream infections, surgical site infections, gastrointestinal infections, and respiratory infections.
Regional Analysis
The key markets of the global hospital acquired infection market include the Americas, Europe, Asia Pacific, and the Middle East & Africa. The Americas are the largest market for hospital acquired infection. The Europe accounts for the second largest share of the market and is followed by Asia Pacific which is slated to emerge as the fastest growing market. The Middle East & Africa market is also expected to exhibit potential growth over the forecast period owing to lack of proper healthcare infrastructure and poor hygienic conditions in the underdeveloped regions which provides room for market expansion.
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