• 19-21 November 2020

  • +91 9121211161
  • psk@hitex.co.in

Market Insights

  • Infection Prevention and Control Market size is expected to reach USD 201.71 billion globally by 2025 with a big export opportunity for Indian manufacturers
  • Facility management services market in India was valued at INR 5 lakh crore (USD 60 billion) in 2018 and it is poised to grow at a CAGR of almost 18 per cent during 2018-2022
  • The Government of India has announced INR 69,000 crore (USD 9 billion) outlay for the health sector that is inclusive of INR 6,400 crore (US$ 915.72 million) in Union Budget 2020-21
  • The hospital industry in India is forecasted to grow to USD 132 billion (INR 12 lakh crore) by FY22 from USD 61 billion (INR 5 lakh crore) in FY17 at a CAGR of 16 per cent
  • Leading users of disinfectants include healthcare and life sciences research facilities, pharmaceutical companies, large commercial facilities, office spaces, educational institutions, food processing units, municipal departments, chemical manufacturers and waste management companies
  • Healthcare-associated infections (HAI) are among the most common complications of healthcare management; infection prevention and control is a crucial part of healthcare facilities, attracting significant rise in budget allocation
  • Rapid urbanization, development of SEZs and mega food parks are driving the growth of facility management services market in India
  • More and more companies are putting employee health and safety first, above all priorities; they are going beyond the normal and allocating large budgets to ensure health and safety at workplaces

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