A Market Research report delved into trends driving the hospital-acquired infection market growth, according to medGadget.
Here's what you should note:
1. Patient susceptibility to diseases as well as microbial agent's nature and virulence are spurring market expansion.
2. Growing HAI prevalence, in tandem with a lack of awareness and insufficient training and infection control practices, is also fueling growth.
3. Additional factors leading to growth include:
• Inadequate healthcare infrastructure
• Low healthcare expenditures
• More chronic diseases with extended hospital stays
4. Microbial resistance growth and people using off-label antiseptics and drugs are driving market expansion.
5. In 2016, the market totaled $23.7 billion.
6. The report expects the market to increase at a 7.3 percent compound annual growth rate through 2022, hitting $36.16 billion.
