The global hospital-acquired infection control market is expected to expand through 2020, a Persistence Market Research report found, according to medGadget.
Here are five key takeaways:
1. The market was valued at $50.81 billion in 2014.
2. By 2020, the market is projected to reach $82.89 billion, increasing at an 8.5 percent compound annual growth rate.
3. The growing aging population and increasing prevalence of HAIs is fueling market growth.
4. Factors hindering market growth include a lack of primary healthcare facilities, untrained staff as well as lack of awareness about HAI prevention and control measures.
5. North America dominates the market, with this region having a total value of $31.32 billion in 2014.
