HIGH LEVEL DISINFECTION SERVICES MARKET ANALYSIS

High Level Disinfection Services Market, by Services (In-house and Outsource), by Compound (Formaldehyde, Glutaraldehyde, Ortho-pnthalaldehyde, Hydrogen Peroxide, Peracetic Acid, and Others), by End User (Hospitals and Clinics, Diagnostic Laboratories, Pharmaceutical & Biotechnology Companies, Academic and Research Institutes, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2021 - 2028

Published In : Dec 2021
Code : CMI4842
Pages :175
Formats :
Excel and PDF
Industry : Pharmaceutical

High Level Disinfection Services MarketSize and Trends

The global high level disinfection services market is estimated to be valued at US$ 25,679.4 Mn in 2021 and is expected to exhibit a CAGR of 9.8% over the forecast period (2021-2028).

Figure 1: Global High Level Disinfection Services Market Share (%) Analysis, By Services, 2021

Market Trends:

Increasing number of prevalence of hospital associated infection is a major factor driving the market growth over the forecast period.

Market players are focusing on launching advanced software to facilitate outpatient vigilance, which is expected to drive the growth of global high level disinfection services market during the forecast period. For instance, in January 2017, according to a report published in Indian Journal of Medical Research, prevalence of hospital acquired infections (HAI) in India was 3.76%. Surgical intensive care unit (ICU) (25%), medical ICU (20%), burns ward (20%), and paediatric ward (12.17%) were identified to have significant association with HAI. Prolonged hospital stay [odds ratio (OR=2.81), mechanical ventilation (OR=18.57), use of urinary catheter (OR=7.89), and exposure to central air-conditioning (OR=8.59) had higher odds of acquiring HAI (P<0.05).