North America Infection Control Market Analysis:
The North American Infection Control Market was valued at USD 7.01 billion in 2018 and is expected to reach almost USD 10.96 billion by the end of 2025, growing at a CAGR of around 6.56% over the predicted period.
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North America Infection Control Market Key Drivers, Challenges, and Opportunities:
An introduction in the improvement of new biologics and the subsequent market for sterilized formulations serve as key growth factors for the North American infection control market. The healthcare industries are focused on implementing strategies for early reporting, isolation, recognition, and surveillance of disease episodes of potential public health concern. In addition, a growing number of intensive training modules, for nurses and other medical staff, on infection prevention and control is presumed to provide great potential for extensive usage of infection control products in this region over the future years.
Additionally, Centers for Disease Control and Prevention (CDC) has released guidelines for disinfection and sterilization for efficient usage of infection control products by healthcare personnel in a wide array of healthcare settings such as ambulatory care, home care, hospitals, and others.
It is presumed that prolonged hospital stay is not economical for the hospitals and healthcare payers as a consequence of excessive usage of resources to treat the acquired infection. These further costs are majorly generated through improved usage of drugs, additional diagnostic studies, laboratory equipment, creating a resource allocation imbalance.
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North America Infection Control Market – Regional Presence:
North America has emerged as the largest market for infection control around the world. The growing geriatric communities in the country who can afford expensive cancer treatment and increasing prevalence of cancer aids the growth of the North America infection control market. Moreover, the dominance of the region is also due to the fact that the majority of the prominent market players are located in this part of the world. The regional market is also growing due to strong government support, particularly in countries such as the United States of America and Canada. North America market for infection control will exhibit a moderate CAGR in the future years.
Some of the Key Players Profiled in this North America Infection Control Market Report are:
Case S.P.A., Kimberly Clark Corporation Inc, Steris Corporation, Synergy Health, Plc, Ahlstrom Corporation, Nordion, Inc., Sakura Global Holding Company, 3M Healthcare Company, Sterigenics International, Inc., Getinge Group, and Honeywell International, Inc.
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