South Korea Hospital-acquired infections (HAIs) Control Market was valued at USD 2 Billion in 2022 and is projected to reach USD 4 Billion by 2030, growing at a CAGR of 8% from 2024 to 2030.
South Korea's Hospital-acquired Infections (HAIs) Control Market is experiencing significant growth, driven by the increasing need for effective infection prevention measures in healthcare settings. In 2023, the market generated a revenue of USD 524.2 million and is projected to reach USD 908.4 million by 2030, reflecting a compound annual growth rate (CAGR) of 8.2% from 2024 to 2030. citeturn0search0
Consumables, including disinfectants and sterilization products, constituted the largest segment in 2023, accounting for 62.8% of the market share. Services, particularly contract sterilization and infectious waste disposal, are anticipated to be the fastest-growing segment during the forecast period. citeturn0search0
Despite this growth, challenges persist in the implementation of infection prevention and control (IPC) measures across various healthcare facilities. A nationwide survey revealed that while 100% of tertiary general hospitals and general hospitals have established IPC teams, only 74.4% of hospitals with 100 or more beds and a mere 22.7% of hospitals with fewer than 100 beds have such teams in place. citeturn0search2
Regulatory frameworks have played a crucial role in enhancing IPC measures. The Korean Medical Service Act mandates the establishment of IPC committees and teams in general hospitals with more than 150 beds, contributing to a robust implementation of IPC structures. However, long-term care hospitals, often exempt from such mandates, exhibit lower percentages of IPC team availability, underscoring the need for policy support to bolster infection control in these settings. citeturn0search1
Hospitals are increasingly seeking comprehensive solutions that encompass equipment, consumables, and services to effectively manage and prevent HAIs. The demand for advanced sterilization equipment, reliable disinfectants, and efficient waste disposal services is on the rise. Additionally, there is a growing emphasis on staff training and adherence to standard operating procedures to mitigate infection risks. citeturn0search2
In summary, South Korea's HAIs Control Market is poised for substantial growth, driven by heightened awareness and regulatory initiatives. Addressing the disparities in IPC implementation across different healthcare facilities remains a critical challenge, necessitating concerted efforts from both the government and industry stakeholders to ensure comprehensive infection prevention and control nationwide.
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STERIS Corporation
Advanced Sterilization Products Division
Hoffmann-La Roche
Pfizer
Becton Dickinson
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Hospital-acquired infections (HAIs) Control Market
Disinfectants
Antiseptics
Monitoring Devices
Preventive Equipment
Surface Cleaners
Urinary Tract Infections (UTIs)
Surgical Site Infections (SSIs)
Respiratory Tract Infections
Bloodstream Infections (BSIs)
Gastrointestinal Infections
Hospitals
Nursing Homes
Long-term Care Facilities
Outpatient Surgical Centers
Homecare Settings
Hand Hygiene
Isolation Practices
Antimicrobial Stewardship Programs
Environmental Cleaning
Education and Training Programs
Direct Sales
Distributors
Online Retail
Pharmacies
Professional Medical Supply Companies
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Hospital-acquired infections (HAIs) Control Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Hospital-acquired infections (HAIs) Control Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Hospital-acquired infections (HAIs) Control Market, By Type
6. South Korea Hospital-acquired infections (HAIs) Control Market, By Application
7. South Korea Hospital-acquired infections (HAIs) Control Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Hospital-acquired infections (HAIs) Control Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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