The global Infection Surveillance Solutions market gathered revenue around USD 2.0 Billion by the end of 2027 and is estimated to expand at a modest CAGR of 14.0% during the prediction period 2021 to 2027.
Growth Factors:
The demand for infection surveillance has been on the rise as the need to curb hospital-acquired infections and other epidemics is intensifying. Infection surveillance solutions are designed to continuously monitor and interpret data related to health in order to ensure accurate implementation of preventive measures. Hospital-acquired infections are also called as nosocomial infections, which are a result of poor hygienic conditions, negligence, decreased immunity of the patient, invasion of drug-resistant bacteria, and procedures that can weaken the effect of ongoing medications.
The commonly seen hospital-acquired infections amongst patients are lower respiratory tract infections, surgical wound infections, and urinary tract infections among others. Admission of geriatrics, who have a poor immune system, and patients who are already suffering from other medical conditions. The research report by Nova one advisor has been collated using efficient research methodologies. The publication has carefully and meticulously curated valuable information to present to its readers.
The market Increasing cases of hospital-acquired infections such as surgical site infections and urinary tract infections are creating significant demand for infection surveillance solutions. In addition to this, several initiatives by the government for preventing healthcare-associated infections (HAIs), a rise in global healthcare expenditure, and growing adoption of information technology in different healthcare platforms are some of the major factors boosting the market growth. The COVID-19 pandemic has positively impacted the market and led to a rise in demand for such solutions to monitor and prevent the infection spread.
This research report purposes at stressing the most lucrative growth prospects. The aim of the research report is to provide an inclusive valuation of the Infection Surveillance Solutions market and it encompasses thoughtful visions, actualities, industry-validated market findings, historic data, and prognoses by means of appropriate set of assumptions and practice. Global Infection Surveillance Solutions market report aids in comprehending market structure and dynamics by recognizing and scrutinizing the market sectors and predicted the global market outlook.
Report Coverage
COVID-19 Impact Assessment on Market Landscape
The report comprises the scrutiny of COVID-19 lock-down impact on the income of market leaders, disrupters and followers. Since lock down was instigated differently in diverse regions and nations, influence of same is also dissimilar across various industry verticals. The research report offers present short-term and long-term influence on the market to assist market participants across value chain makers to formulate the framework for short term and long-lasting tactics for recovery and by region.
Infection Surveillance Solutions market Report empowers readers with all-inclusive market intelligence and offers a granular outline of the market they are operational in. Further this research study delivers exceptional combination of tangible perceptions and qualitative scrutiny to aid companies accomplishes sustainable growth. This report employs industry-leading research practices and tools to assemble all-inclusive market studies, intermingled with pertinent data. Additionally, this report also emphases on the competitive examination of crucial players by analyzing their product portfolio, pricing, gross margins, financial position, growth approaches, and regional occurrence.
Infection Surveillance Solutions Market Regional Insights:
North America, followed by Europe, is estimated to account for the leading share in the market through 2027. Strong government initiatives and rising incidence of HAIs in the U.S. and Canada are likely to stoke the growth of the regional market. For instance, the National Action Plan (NAP), a five-year action plan, was introduced to combat antibiotic-resistant bacteria, including the incidence of Carbapenem-resistant Enterobacteriaceae, Clostridium difficile, and methicillin-resistant Staphylococcus aureus.
The Asia Pacific market is expected to exhibit significant growth during the forecast period, owing to improving healthcare infrastructure and rising medical tourism. However, the high cost of systems and low awareness about the availability of advanced systems are some of the factors challenging the growth of the market in APAC.
Challenge Shortage of skilled healthcare IT professionals
The effective utilization of infection surveillance solutions demands strong IT infrastructure and IT support within the organization as well as at the solution provider’s end. In a healthcare organization, there is a continuous need for technical support for maintaining the server and network for the smooth operation of clinical workflows and optimum interfacing speed of surveillance systems. If the maintenance of the server or network is inadequate, it leads to the generation of screen loads, which slow down clinical workflows. As healthcare organizations become increasingly sophisticated with their IT initiatives, human resource leaders are experiencing a new set of hiring challenges. The shortage of qualified resources is a major barrier to implementing infection surveillance solutions in hospitals. Currently, the demand for HCIT professionals far exceeds their supply in both developing and developed markets.
Global Infection Surveillance Solutions Market: Segmentation
The products in the global infection surveillance solutions market are sold as services or software. The demand for software is higher than services due to technological advancement it offers for efficient management of patient data, its analysis, and interpretation. The software segment is further sub-segmented into on-premise software and web-based software. The services segment of the global infection surveillance solution market is further sub-segmented into consultation and training programs, product maintenance and support, and implementation of services.
The key end users of infection surveillance solutions are healthcare facilities and hospitals. Hospitals, which include small hospitals and large hospitals, are expected to dominate the global market in the coming years due to the high rate of admission of patients, increasing infections, and rise in the duration of patients staying at the hospitals are expected to augment the demand for infection surveillance solutions in hospitals across the globe in the coming years. The uptake of these solutions will also remain steady in nursing homes, nursing facilities, and other health care living facilities where patients are admitted for long-term care.
Competitive Rivalry
Foremost players in the market are attentive on adopting corporation strategies to enhance their market share. Some of the prominent tactics undertaken by leading market participants in order to sustain the fierce market completion include collaborations, acquisitions, substantial spending in R&D and the improvement of new-fangled products or reforms among others.
Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.
- Company Overview
- Company Market Share/Positioning Analysis
- Product Offerings
- Financial Performance
- Recent Initiatives
- Key Strategies Adopted by Players
- Vendor Landscape
- List of Suppliers
- List of Buyers
Some of the prominent players in the Infection Surveillance Solutions Market include: The global infection surveillance solutions market are ICNet International Limited, Atlas Medical Software, Becton, Dickinson and Company, Premier, Inc., RL Solutions, Gojo Industries, Inc., Truven Health Analytics, and Hygreen, Inc. among others.
Unravelling the Critical Segments
This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects including product type, application/end-user, and region. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for period 2017 to 2027 and covers subsequent region in its scope:
Global Infection Surveillance Solutions Market, by Product & Services
- Software
- On-Premise Software
- Web-Based Software
- Services
- Product Support & Maintenance
- Implementation Services
- Training & Consulting services
Global Infection Surveillance Solutions Market, by End User
- Hospitals
- Large Hospitals
- Medium Sized Hospitals
- Small Hospitals
- Long-Term Care Facilities
- Nursing Homes
- Skilled Nursing Facilities
- Assisted- Living Facilities
- Other End Users
By Geography
North America
Europe
- Germany
- France
- United Kingdom
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Southeast Asia
- Rest of Asia Pacific
Latin America
- Brazil
- Rest of Latin America
Middle East & Africa (MEA)
- GCC
- North Africa
- South Africa
- Rest of Middle East & Africa
Highlights of the Report:
- Market Penetration: Comprehensive information on the product portfolios of the top players in the market.
- Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market
- Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market
- Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the market
Research Methodology
In the study, a unique research methodology is utilized to conduct extensive research on the growth of the Infection Surveillance Solutions market, and reach conclusions on the future growth parameters of the market. This research methodology is a combination of primary and secondary research, which helps analysts ensure the accuracy and reliability of the conclusions.
Secondary resources referred to by analysts during the production of the Infection Surveillance Solutions market study are as follows - statistics from government organizations, trade journals, white papers, and internal and external proprietary databases. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, marketing/product managers, and market intelligence managers, all of whom have contributed to the development of this report as a primary resource.
Comprehensive information acquired from primary and secondary resources acts as a validation from companies in the market, and makes the projections on the growth prospects of the Infection Surveillance Solutions markets more accurate and reliable.
Secondary Research
It involves company databases such as Hoover's: This assists us recognize financial information, structure of the market participants and industry competitive landscape.
The secondary research sources referred in the process are as follows:
- Governmental bodies, and organizations creating economic policies
- National and international social welfare institutions
- Company websites, financial reports and SEC filings, broker and investor reports
- Related patent and regulatory databases
- Statistical databases and market reports
- Corporate Presentations, news, press release, and specification sheet of Manufacturers
Primary Research
Primary research includes face-to face interviews, online surveys, and telephonic interviews.
- Means of primary research: Email interactions, telephonic discussions and Questionnaire based research etc.
- In order to validate our research findings and analysis we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.
Industry participants involved in this research study include:
- CEOs, VPs, market intelligence managers
- Procuring and national sales managers technical personnel, distributors and resellers
- Research analysts and key opinion leaders from various domains
Key Points Covered in Infection Surveillance Solutions market Study:
- Growth of Infection Surveillance Solutions in 2021
- Market Estimates and Forecasts (2017-2027)
- Brand Share and Market Share Analysis
- Key Drivers and Restraints Shaping Market Growth
- Segment-wise, Country-wise, and Region-wise Analysis
- Competition Mapping and Benchmarking
- Recommendation on Key Winning Strategies
- COVID-19 Impact on Demand for Infection Surveillance Solutions and How to Navigate
- Key Product Innovations and Regulatory Climate
- Infection Surveillance Solutions Consumption Analysis
- Infection Surveillance Solutions Production Analysis
- Infection Surveillance Solutions and Management
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