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Growing awareness regarding the importance of infection control and prevention measures and an increasing number of hospitals acquired infections (HAIs) in healthcare settings are a few major factors contributing to the market revenue. As per estimates from the World Health Organization (WHO), out of every 100 patients admitted under acute care in hospitals, 15 patients in low- and middle-income countries and 7 patients in high-income countries will be infected by any one of the hospital-acquired infections during their hospital stay. Nosocomial infections affect a substantial number of patients globally making it one of the leading causes of mortality among patients.
According to the World Health Organization (WHO) data, approximately 1 in every 10 patients infected with hospital-acquired infections die due to the condition. Thus, an increasing number of hospital-acquired will propel the market share. Also, a high focus on patient safety and minimization of HAIs will drive the demand for effective ionizing radiation sterilization equipment. Further, the surge in the adoption of advanced sterilization technologies to enhance infection control practices and mitigate the risk of HAIs among healthcare facilities will fortify industry revenue growth.