Infection Prevention Devices Market size is forecast to reach $2.3 billion by 2025, growing at a CAGR of 3.6% during the forecast period 2020-2025. Increasing number of surgical procedures and growing geriatric population are the major factors driving the growth of the market. Increase in the number of people with chronic disease and technological advancements in sterilization equipment is set to further enhance the overall market demand of infection prevention devices during the forecast period 2020-2025.Key Takeaways
North America dominates the Infection Prevention Devices Market in 2019 owing to rise in hospitals admissions and increased demand for infection prevention products. The Infection Prevention Devices Market scope for different regions will be provided in the final report.
Increasing investment by various healthcare organizations on the expansion of their capabilities and greater focus on prevention of disease is likely to aid in the market growth of infection prevention devices market.
Detailed analysis on the Strength, Weakness and opportunities of the prominent players operating in the market will be provided in the Infection Prevention Devices Market report.
Lack of preference of patients to visit hospitals and other healthcare facilities owing to high costs of treatment is poised to create hurdles for the Infection Prevention Devices Market.
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Geography - Segment Analysis
North America dominates the infection prevention devices market in 2019 with a share of more than 39.7%, followed by Asia Pacific.
Drivers – Infection Prevention Devices Market
Rising Geriatric Population to Create Opportunities
Growing Antibiotic Resistance to Bolster Demand
Infection prevention devices top 10 companies are Advanced Sterilization Products; ,Cardinal Health , PAUL HARTMANN AG , Mölnlycke Health Care AB , B. Braun Melsungen AG , Medline Industries Inc , Hollister Incorporated, BD Ahlstrom-Munksjö , ANSELL LTD. , Cantel Medical , The Clorox Company , Contec Healthcare ,Getinge AB , and Coloplast A/S among others.
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