Infection Prevention Products and Services forecast for 2011 to 2016

Released on: March 21, 2008, 4:25 am

Press Release Author: Bharat Book Bureau

Industry: Healthcare

Press Release Summary: US demand for infection prevention products and services is
forecast to rise 4.0 percent annually to $15.6 billion in 2011. Mandatory state
reporting requirements along with recommendations developed by the AORN, CDC, FDA,
OSHA and JCAHO will lead to a widespread upgrading of infection prevention
safeguards throughout the health care and life science sectors. Although long
recognized as a problem, the transmission of disease-causing pathogens during
patient procedures persists through the health care community. These failures are
attributable directly to cost containment pressures that have discouraged facilities
from elevating infection prevention to a major departmental function.

Press Release Body: Advances in biotechnology are boosting opportunities for
infection prevention products and services in life science markets. Stringent safety
and containment standards related to the handling and processing of genetically
modified microorganisms and other biologicals are spurring demand for products in
medical laboratories. The persisting threat of bioterrorism is also creating an
emerging infection prevention market in the area of homeland security. Revenues for
infection prevention products and services are also benefiting from expanding
applications in the manufacturing and quality assurance of pharmaceuticals and
medical devices.

Although projected for expanded usage in health care and life science sectors, most
infection prevention consumables and disposables will continue to lack pricing
flexibility due to multiple supplier competition and limited opportunities for
product differentiation. Bid contracts with centralized purchasing departments or
buying groups will remain the primary method of sales to hospitals and other large
customers. Surgical drapes and gowns, is infectants, medical and laboratory gloves,
face masks and sterilization supplies will continue to comprise the top selling
groups of infection prevention consumables and disposables because of the critical
nature of applications served. Revenues for contract sterilization and medical waste
disposal services will also continue to expand favorably based on cost efficiency
and convenience advantages offered to hospitals and medical product manufacturers.
and upward trends in surgery and other direct contact medical and dental procedures.
Sales of infection prevention equipment will expand at a comparatively slow pace due
to the widespread availability of used, refurbished systems and decelerating growth
in the number of newly constructed end-user facilities.

For more information kindly visit: http://www.bharatbook.com/detail.asp?id=51223

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Contact Details: Bharat Book Bureau
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E-mail: info@bharatbook.com

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