The global infection surveillance solutions market size is expected to reach USD 1.29 billion by 2028 according to a new study by Polaris Market Research. The report “Infection Surveillance Solutions Market Share, Size, Trends, Industry Analysis Report, By Product and Services (Software, {On-premise, Web-based}, and Services); By Infection Type (Surgical Site Infections, Blood Stream Infections, Urinary Tract Infections); By End-Use; By Regions; Segment Forecast, 2021 - 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.
According to the estimates of the CDC, annually more than 23,000 people die from infection from drug-resistant bacteria and make sick around 2 million people in the U.S. alone. California Department of Public Health (CDPH), in 2016, reported around 18,924 hospital-acquired infection cases in 400 acute care hospitals.
Moreover, according to the market statistics published by the European Commission (EC) approximately, 25,000 individuals die suffering from antibiotic-resistant bacteria, and it is being reported that, by 2050, it would increase to 10 million annual deaths. The global rise in the number of surgeries being performed in the year has led to the increased patient stays in the hospitals or any other healthcare facility.
Based on this assumption, it is presumed that increase in the average length of hospital stay will expose them to HAIs, and the number of patients acquiring such infections is bound to increase. Moreover, the purchasing power capacity of hospitals and growing expenditure on healthcare are also projected to drive surveillance solutions market demand.
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However, the Asia Pacific market is projected to witness the highest market growth rate over the surveillance solutions study period. This is due to gradually improving medical infrastructure, the positive intent of the government in addressing the issue, and booming medical tourism in South Asian countries.
However, the high cost of installing systems, their maintenance, and the unavailability of a skilled workforce is likely to hamper the region’s market growth for surveillance solutions. Market participants such Baxter International Inc.; Premier Inc.; Becton, Dickinson and Company; Wolters Kluwer N.V; RL Solutions; Gojo Industries; and Truven Health Analytics (An IBM Company).
Polaris Market research has segmented the infection surveillance solutions market report on the basis of product and services, infection type, end-use, and region:
Infection Surveillance Solutions, Product and Services Outlook (Revenue - USD Million, 2016 – 2028)
Infection Surveillance Solutions, Infection Type Outlook (Revenue - USD Million, 2016 – 2028)
Infection Surveillance Solutions, End-Use Outlook (Revenue - USD Million, 2016 – 2028)
Infection Surveillance Solutions, by Regional Outlook (Revenue - USD Million, 2016 – 2028)