PCT Ltd (PCTL)

[falon]

NEW YORK, Feb. 21, 2019 /PRNewswire/ -- The growing concern over infectious diseases developing in facilities, such as hospitals, has caused a demand for products to combat the spread. These diseases are caused by pathogenic microorganisms such as bacteria, viruses, parasites, or fungi and can be spread directly or even indirectly from one person to another, according to the World Health Organization. Practitioners are thusly seeking products that help sanitize and disinfect spaces in order to prevent the spread of these diseases. Even still, in some instances, these infections can originate in animals before spreading to humans. This phenomenon has helped spur demand for a way to combat this possibility within the food processing industry. According to data compiled by Grand View Research, the global infection control market was valued at USD 150.4 Billion in 2016. Furthermore, it is expected to grow at a CAGR of 6.2% throughout the forecast period from 2018 to 2025. The market is primarily being driven by a rising number of government initiatives to ensure high degree infection prevention. There are also government organizations which are involved with issuing guidelines to ensure awareness and promote sanitary health practices. PCT Ltd. (OTC: PCTL), Conagra Brands, Inc. (NYSE: CAG), Flowers Foods, Inc. (NYSE: FLO), CorMedix Inc. (NYSE: CRMD), Achaogen, Inc. (NASDAQ: AKAO)