Infection Surveillance Solutions Market Report 2023: Product Support & Maintenance, Implementation, Training & Consulting - Global Forecast to 2027
DUBLIN, Feb. 28, 2023 /PRNewswire/ -- The "Infection Surveillance Solutions Market by Software (On-Premise, Web-Based), Services (Product Support & Maintenance, Implementation, Training & Consulting), End User (Hospitals, Long-Term Care Facilities), and Region - Global Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.
The infection surveillance solutions market is anticipated to grow from an estimated USD 577 million in 2022 to USD 1,100 million in 2027, at a CAGR of 13.8%
The market has a promising growth potential due to increased demand the increasing prevalence of hospital-acquired infections, increasing surgical procedures, and rising healthcare expenditure among other factors. However, the Shortage of skilled healthcare IT professionals and Data security concerns are expected to limit the growth of this market to a certain extent.
Training & Consulting Services: The fastest-growing segment of the infection surveillance services market, by type.
Training & consulting services are expected to witness the fastest growth in the infection surveillance services market during the forecast. Training and consulting services increase healthcare providers' awareness of the latest infection surveillance solutions available in the market.
Most large and mid-size companies actively provide technical assistance to hospitals, independent laboratories, and physician office laboratories that use infection surveillance software. Factors such as the increasing importance of value-based care, technological advancements, and growing consolidation in healthcare are driving the market for consulting services.
The Large Hospitals Segment is anticipated to be the largest infection surveillance solutions market for hospitals, by type, during the forecast period.
Based on type (the number of beds), hospitals are segmented into large (>450 beds), medium-sized (250-449 beds), and small (<249 beds) hospitals. The large hospitals segment accounted for the largest share of the infection surveillance solutions market for hospitals.
The rising number of private hospitals in China and other developing countries is expected to drive the demand for technologically advanced HCIT solutions deployed in ICUs and other departments of hospitals. Furthermore, the complexity of managing HAIs rises with the size of hospitals, as more patients need to be monitored continuously; this is the primary reason for the large share of this end-user segment.
Europe accounted for the second-largest share in the infection surveillance solutions market during the forecast period.
Europe accounted for the second-largest share of the infection surveillance solutions market during the forecast period. Growth in the European market can be attributed to the increasing adoption of HCIT solutions, the increasing incidence of HAIs, the increasing number of surgeries, and the rising geriatric population.
The increasing need to improve patient outcomes has contributed to the adoption of infection surveillance solutions across the region. Several policies and guidelines have been implemented in Europe as infection prevention strategies for hospitals and long-term care facilities which are propelling the demand for infection surveillance solutions in the region.
Competitive landscape
The prominent players in this market are Becton, Dickinson and Company (US), Premier, Inc. (US), Wolters Kluwer N.V. (Netherlands), Cerner Corporation (US), Baxter International Inc. (US), GOJO Industries, Inc. (US), Clinisys (US), Deb Group Ltd. (UK), BioVigil Healthcare Systems (US), RLDatix (UK), Merative (US), Vecna Technologies, Inc. (US), VigiLanz Corporation (US), and VIZZIA Technologies (US).
Premium Insights
Growing Incidence of Hospital-Acquired Infections to Drive Market Growth
Hospitals Held the Largest Share of the North American Market in 2021
China to Register Highest Revenue Growth from 2022 to 2027
North America to Dominate Global Market During Forecast Period
Developing Markets to Register Higher Growth Rates During Forecast Period
Market Dynamics
Industry Trends
Shift Toward Web-Based Solutions
Ai-Powered Surveillance Software
Shift Toward Automation in Healthcare Facilities
Infection Surveillance Using Mobile Application Tools
Market Drivers
Increasing Prevalence of Hospital-Acquired Infections
Increasing Adoption of Antimicrobial Stewardship Programs
Increasing Number of Surgeries
Growing Geriatric Population and Increasing Incidence of Chronic Diseases
Growing Investments to Improve Healthcare Systems
Market Restraints
High Cost of Deployment for Small Healthcare Organizations
Reluctance Among Medical Professionals to Adopt Advanced Healthcare It Solutions
Market Opportunities
Increasing Consolidation in Healthcare Industry
Cloud-Based Software Solutions
Emerging Markets
Market Challenges
Shortage of Skilled Healthcare It Professionals
Data Security Concerns
Company Profiles
Key Players
Becton, Dickinson and Company
Cerner Corporation
Premier, Inc.
Baxter International Inc.
Wolters Kluwer N.V.
Merative
Ecolab
Biomerieux Sa
Gojo Industries, Inc.
Rldatix
Vigilanz Corporation
Deb Group Ltd
Clinisys
Biovigil Healthcare Systems
Vecna Technologies
Harris Healthcare
Perahealth
Medexter Healthcare
Centrak
Ckm Healthcare Incorporated
Other Players
Asolva Inc.
Pointclickcare
Vitalacy Inc.
Stanley Healthcare
Vizzia Technologies
For more information about this report visit https://www.researchandmarkets.com/r/6ecdao
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