The global infection surveillance solutions market size is poised to reach USD 1.0 billion by 2026, according to a new report by Grand View Research, Inc., progressing at a CAGR of 14.3% during the forecast period. Improving healthcare settings worldwide coupled with advancements in healthcare IT infrastructure is projected to play a pivotal role in the growth of the market. Rising prevalence of healthcare-associated infections (HAIs) has been one of the critical factors driving the market.
According
to HAI Prevalence Survey conducted by the Center for Disease Control and
Prevention (CDC), in 2014, around 722,000 cases of HAIs were detected in the
U.S hospitals alone. Moreover, according to the California Department of Public
Health (CDPH) in 2016, 18,924 HAIs cases were reported in 400 acute care
hospitals. In addition, as per facts published by the European Commission (EC),
around 25,000 people die in the European Union (EU) from antibiotic-resistant
bacteria. The figure is expected to increase to 10 million deaths per year if
the current infection trend continues by 2050.
Rising
collaboration and government initiatives are also stimulating the growth of the
market. For instance, in January 2018, the Indian Council of Medical Research
(ICMR) and Pfizer, Inc. signed a partnership agreement to introduce
anti-microbial resistance stewardship programs. The objective was to scale up
the AMR surveillance network in India.
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Infection
Surveillance Solutions Market Report Highlights
- Surgical site infections
emerged as the most promising segment during the forecast period owing to
the increasing number of surgeries being performed worldwide
- On the basis of the product
and services segment, the on-premise software segment commanded the
largest share in the market owing to its increased usage
- North America dominated the
market in 2017. Government programs and rising awareness about infection
surveillance are facilitating the dominance of this region during the
forecast period
- Asia Pacific is estimated to
witness swift growth during the forecast period due to increasing
establishment of hospital chains and huge patient population
- Few of the key market
players are Wolters Kluwer N.V; Gojo Industries; Becton; Dickinson and
Company; RL Solutions; Baxter International Inc.; Premier Inc.; and Truven
Health Analytics (An IBM Company).
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Infection
Surveillance Solutions Market Segmentation
Grand View Research has segmented
the global infection surveillance solutions market based on infection type,
product and services, end use, and region:
Infection Surveillance
Solutions Product and Services Outlook (Revenue, USD Million, 2014 - 2026)
- Software
- On-premise
- Web-based
- Services
Infection
Surveillance Solutions Infection Type Outlook (Revenue, USD Million, 2014 -
2026)
- Surgical Site Infections
(SSI)
- Blood Stream Infections
(BSI)
- Urinary Tract Infections
(UTI)
- Others
Infection
Surveillance Solutions End-Use Outlook (Revenue, USD Million, 2014 - 2026)
- Long Term Care
Facilities
- Hospitals
- Others (Clinics, and
Ambulatory Surgical Centers)
Infection Surveillance
Solutions Regional Outlook (Revenue, USD Million, 2014 - 2026)
- North America
- The U.S.
- Canada
- Europe
- The U.K.
- Germany
- Asia Pacific
- Japan
- China
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- South Africa
- Saudi Arabia
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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