Product ID: SQMIG35A2623
Report ID:
SQMIG35A2623 |
Region:
Global |
Published Date: February, 2024
Pages:
165
|
Tables:
65 |
Figures:
75
With a revenue share of 37.9% in 2021, North America dominated the infection control market. The larger share seized by this region is thought to be due to a consistent number of strategic collaborations adopted by key market players to expand their product portfolio and infection control capabilities. Additionally, the established businesses' increased efforts to expand their presence throughout this region are to blame for North America's dominant market share.
Due to the increasing number of outsourcing companies, rising healthcare costs, and the region's unmatched advancement in healthcare infrastructure and standards, the infection control market in Asia Pacific is anticipated to grow at the fastest CAGR during the forecast period.
One of the key factors influencing the expansion of the Asia Pacific region is the existence of numerous non-profit and governmental organizations dedicated to raising infection control standards. A major driver of the market's growth is the rising trend of established players in developed economies outsourcing to businesses in Asia Pacific.
For instance, the Asia Pacific Society of Infection Control (APSIC) is a non-profit organization that promotes cost-effective practices throughout the Asia Pacific region by conducting infection control research and building collaborative partnerships to facilitate quality improvement.
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REQUEST FREE CUSTOMIZATIONInfection Control Market size was valued at USD 201.4 billion in 2019 and is poised to grow from USD 214 billion in 2023 to USD 359.6 billion by 2031, growing at a CAGR of 6.7% in the forecast period (2024-2031).
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Product ID: SQMIG35A2623