North America to Dominate Infection Surveillance Solutions Market through 2025
Increasing incidence of
Healthcare-associated Infections (HAIs), growing healthcare expenditure,
increasing number of surgeries, government policies and initiatives for the
prevention of HAIs, rise in the integration of information technology into
various healthcare platforms, among others to drive global infection
surveillance solutions market through 2025
According to
TechSci Research report, “Global Infection Surveillance
Solutions Market By Product, By Infection
Type, By End User, By Region, Competition, Forecast & Opportunities,
2014-2025”, the global infection surveillance solutions market is projected
to grow at a CAGR of 16% over the next five years and cross $ 1 billion mark by
2025. Anticipated growth in the global infection surveillance solutions market
can be attributed to growing healthcare expenditure, technological advancements
in the field of healthcare IT, and rising awareness and accessibility to
advanced healthcare facilities across all the regions, globally. Moreover,
government policies and initiatives for the prevention of Healthcare-associated Infections
(HAIs) are driving the adoption of infection surveillance solutions across the
globe.
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The
global infection surveillance solutions market is segmented based on product, infection
type, end user and region. In terms of product, the market can bifurcate into Software
and Service. In 2019, software dominated the market, primarily due to
higher adoption of infection surveillance software by healthcare facilities. The
demand for software is higher than services due to technological advancement it
offers for efficient management of patient data, analysis, and interpretation.
The software segment is further sub-segmented into on-premise software and
web-based software, with the web-based segment dominating the market. The
services segment is further sub-segmented into training and consulting services,
product support and maintenance services, and implementation services.
Based on infection
type, the market can be segmented into blood stream, urinary tract, surgical
site and others. Urinary tract infection is dominating the infection type
segment due to the significant use of catheters.
In terms of end
user, infection surveillance solutions market is segmented into hospitals &
clinics, long term care facilities, ambulatory surgical centers and specialty
centers. Hospitals & clinics segment is dominating the global market due to
the high rate of admission of patients, increasing infections, and rise in the
duration of hospital stays. Long term care facilities segment including, homecare
agencies and services, nursing homes, and assisted living facilities, is poised
to register robust growth over the forecast period.
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Becton, Dickinson and Company, Premier Inc., Wolters Kluwer N.V., Baxter
International Inc., GOJO Industries, Inc., Atlas Medical Software, Deb Group
Ltd, Hygreen Inc., RL Solutions, TRUVEN Health Analytics, etc., are among the
leading players operating in the global infection surveillance solutions market.
“North America is at the forefront of the global infection
surveillance solutions market and is expected to continue its dominance over
the next five years due to better healthcare facilities and higher awareness
among patients about healthcare services. Additionally, presence of major
companies, continuous progress in healthcare settings and expansion of
healthcare IT infrastructure are also driving the infection surveillance
solutions market in the region.”, said Mr. Karan Chechi, Research Director with
TechSci Research, a research based global management consulting firm.
“Global Infection Surveillance
Solutions Market By Product, By Infection Type, By End User, By Region,
Competition, Forecast & Opportunities, 2014-2025” has evaluated the future growth potential of global infection
surveillance solutions market and provides statistics & information on
market size, structure and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges, and opportunities in the global infection surveillance solutions market.
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