Global infection control market to reach $14B by 2017: 5 key trends

The global infection control market is expected to be worth $14 billion by 2017, according to a MarketsandMarkets report. 

Here are five key trends:

1. The market is expected to grow at a steady pace of around 6 percent from $10.5 billion in 2012 to $14 billion by 2017.

2. The rise in tide of cleaning standards and mounting pressure for sterilized medical devices in hospitals and clinics has led to the growth of medical sterilization and disinfection market.

3. The endoscope reprocessing market is also expected to show healthy growth in the coming years due to continued instrument development and increasing minimally invasive surgery procedures.

4. North America currently accounts for the largest share of the global infection control market; however, Asia is expected to record fast growth in the next few years.

5. The major players in the market include are Steris, Cardinal Health and Kimberly-Clark.

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