Increase in the prevalence of hospital-acquired infections, and rise in adoption of technology advanced UV equipment

07/apr/2021 16:39:08 Automotive Market Research Reports Contatta l'autore

Focus of governments on infection control programs, surge in prevalence of hospital acquired infections (HAI), and increase in adoption of technologically advanced UV equipment drive the growth the global UV infection control devices market. Based on region, North America held the highest market share in terms of revenue, contributing to more than two-fifths of the total market share in 2018, and would maintain its highest share by 2026.

The report offers a detailed segmentation of the global UV infection control devices market on the basis of type, end user, and region. Based on type, the mobile segment held more than two-fifths of the total market share in 2018, and is expected to maintain its lead position throughout the forecast period. Moreover, this segment is expected to maintain its fastest CAGR of 7.3% from 2019 to 2026. The research also analyzes segments including stationary and others.

UV infection control devices industry was pegged at $317.4 million in 2018, and is expected to hit $524.8 million by 2026, registering a CAGR of 6.5% from 2019 to 2026. The report provides a detailed analysis of changing market trends, major segments, current market size & projections, market share, and competitive scenario.

Rise in government focus on infection control programs, increase in the prevalence of hospital-acquired infections, and rise in adoption of technology advanced UV equipment fuel the growth of the global UV infection control market. On the other hand, high cost of UV infection control devices and stringent government regulation restrain the growth to some extent. However, high growth prospects in emerging markets is expected to create lucrative opportunities in the near future.

Key players of the global UV infection control devices market analyzed in the research include CVS Health Corporation, Express Scripts Holding Company, DocMorris, Optum Rx Inc., Giant Eagle Inc., The Kroger Co., Rowlands Pharmacy, Walmart Stores Inc., Walgreen Co., and Apollo Pharmacy. They have adopted various strategies including collaborations, partnerships, mergers & acquisitions, new product launches, and others to gain a strong position in the industry.

Read More: https://www.globenewswire.com/news-release/2020/03/26/2007150/0/en/UV-Infection-Control-Devices-Market-To-Reach-524-84-Million-By-2026.html

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