Latin America Infection Control Market worth 2592.2 million by 2025 | with a CAGR of 7.20%

May 09 16:36 2019
Latin America Infection Control Market worth 2592.2 million by 2025 | with a CAGR of 7.20%

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The report on “Latin America Infection Control Market ” helps you to understand the market size, growth, trends, major company’s performance data and market opportunities.

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 hospital infections. However, as the incidence of hospital infections increases and the awareness of various types of infections increases, it is becoming an important 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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