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.
More articles on quality & infection control:
Mylan’s refusal to testify at Senate hearing sparks hostile response from senator: 5 takeaways
Medication errors often do not have serious repercussions — 5 things to know
WHO releases guidelines on reducing SSIs, promotes use of negative pressure wound therapy: 4 insights
At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.
