Global HAIs control market to jump to $82.9B at 8.5% CAGR through 2020: 5 key notes

A Persistence Market report found North America is dominating the expansive global hospital-acquired infection control market, according to medGadget.

Here are five key notes:

1. The market totaled almost $50.81 billion in 2014.

2. The report anticipates the market will hit $82.89 billion by 2020, increasing at an 8.5 percent compound annual growth rate.

3. Factors spurring market growth include more government initiatives on HAI awareness, demand for better healthcare facilities and growing popularity of cleaning and gas plasma sterilization technology.

4. Insufficient infrastructure around proper supplies and equipment is hindering market growth.

5. The report expects Asia to have the highest growth rate in the next five years due to more HAIs in this region and demand for improved healthcare facilities.

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