Product ID: SQMIG35I2254
Report ID:
SQMIG35I2254 |
Region:
Global |
Published Date: July, 2036
Pages:
242
|
Tables:
124 |
Figures:
76
North America dominated the market in 2021, accounting for more than 34.0% of total sales. The substantial share can be due to the presence of key players, activities implemented by them in the public and commercial sectors, and increased awareness of HAIs in this region. For example, in December 2020, Ecolab, headquartered in the United States, acquired vanBaerle Hygiene AG in Switzerland. This expanded Ecolab's product line and service capabilities to include a comprehensive spectrum of cleaning, disinfection, and hygiene solutions.
The Asia Pacific market is expected to grow at the fastest rate of 5.7% over the next five years. This is due to an increase in the prevalence of hospital-acquired illnesses and the development of healthcare infrastructure in poor and middle-income countries. The World Health Organization (WHO) reports that the frequency of ICU-acquired infection is two to three times greater in low- and middle-income countries than in high-income nations. Whereas in the United States, device-associated infections are almost 13 times higher. Furthermore, babies in developing nations are more likely than those in high-income countries to suffer healthcare-associated illnesses. According to the WHO, infection rates are 3 to 20 times greater. This is likely to boost market growth, particularly in Latin America, the Middle East, and Africa.
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Product ID: SQMIG35I2254