Latin America
Infection Control Market Overview:
Latin America Infection Control
Market was estimated at USD 1604.4 million
in 2018 and is expected to reach almost USD 2592.2
million by 2025 at a compound annual rate of 7.20% over the 2018-2025 forecast period.
Drivers, Challenges
and Opportunities of Latin America Infection Control Market:
The Latin American market for infection control increases
significantly due to the increasing number of operations and the number of
hospitals. It is expected that the supply for the management of disinfectants
will lead to significant participation in the market of supply of infected
control. End users of hospitals should be actively involved in supply markets
to control infections, such as high supply demand for control of the hospital
infections. However, as the incidence of hospital infections increases and the
awareness of various types of infections increases, it is becoming an important a factor leading the Latin American market for the control of various infections.
Government support for the control of infections has a positive impact on the
market. However, strict guidelines are applied for the approval of equipment
used for sterilization, which makes the infectious control market a bit
difficult.
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The regional infection market is expected to witness
significant growth potential over the next few years. The factors that
contribute to this elevation include an increase in the elderly population, an
increase in the number of cancer patients around the region and the development
of cancer treatment technologies. It is also expected that the market will
become more active as public awareness grows about the deterioration of
sanitation conditions in LDCs.
Geographic Insights
of Latin America Infection Control Market:
The Latin American market includes countries such as Brazil,
Mexico, Argentina and other South American countries. Brazil is one of the
largest markets in this region, followed by Mexico, Argentina and Colombia,
which are also stepping up their investments in the market. Latin America is
expected to account for the second largest compound annual growth rate in the
market due to growing awareness of various types of infections and the
increased incidence of hospital-acquired infections (HAIs).
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Key market players:
Some of the key players in the Latin American infection
control market include 3M, TSO3 Inc., Nordion Inc., Synergy Health Plc., Cisa
SpA, Matachana Group, STERIS Corporation and Honeywell International, Inc.
Johnson & Johnson Limited, Getinge Group, Ahlstrom, Sterigenics
International, Inc., Kimberly-Clark, Sakura Global Holding Company Ltd. and
Belimed AG.
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