Infection Surveillance Solutions Market to 2025 Global Analysis and Forecasts by Product, Application, End-user, And By competitor
The global infection surveillance solutions market accounted to US$ 294.1 Mn in 2017 and is expected to grow at a CAGR of 13.0% during the forecast period 2018 – 2025, to account to US$ 763.7 Mn by 2025.
Asia-Pacific was the leading geographic market and it is anticipated to be the highest revenue contributor throughout the forecast period. Asia is well known across the world for the dynamic Infection surveillance solutions market nature and robust growth capabilities. The region vies for healthcare IT industry opportunities which attributes to the availability of a fertile market scenario resulting in multi fold revenue generation for the investments made by the private and public equities in and outside the region.
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- Wolters Kluwer
- Sunquest Information Systems, Inc.
- Baxter (ICNet Systems, Inc.)
- GOJO Industries, Inc.
- Cerner Corporation
- Deb Group Ltd.
- VigiLanz Corporation
Rise in the integration of information technology into various healthcare platforms are expected to boost the market growth over the years
Surveillance of healthcare associated infections is of prime importance in prevention of infections. The methods and practices for surveillance have evolved as technology becomes more advanced. The availability of electronic surveillance software (ESS) has increased, and yet adoption of ESS is slow. The infection control software offers way to rebalance the time by monitoring several data feeds, alerting infection prevention, simplifying reporting, tracking trends graphically as well as improving outbreak identification. Due to the advantages offered by these software systems, government is investing significantly to promote the innovation in healthcare IT based systems. For instance, in 2017, the US health IT investment total whopped to US$ 7.1 billion. Thus, massive adoption of IT based platforms in healthcare is expected to support the growth of infection surveillance solutions market over the forecast years.
Growing demand of web-based solutions and mobile platforms
The opportunities for using mobile based technology has improved drastically over the past few years. Moreover, access to real-time healthcare data and information has also been possible through the use of mobile based platforms. Mobile technology is capable to empower patients and care takers through increasingly user friendly interface and easy functionality. The infection surveillance solutions in mobile and web-based platforms are expected to be one of the prevalent trend in the industry.
The global infection surveillance solutions market by type was led by software segment. In 2017, the software segment held a largest market share of 62.5% of the infection surveillance solutions market, by technology. This segment is also expected to dominate the market in 2025 owing to its ability to perform advanced functions and offer an integrated solution to monitor, plan, prevent and develop action plans for infection control in healthcare facilities. Furthermore, the services segment is anticipated to witness the fastest growth rate during the forecast period, 2018 to 2025.
End User Insights
The infection surveillance solutions market by end user is segmented into hospitals, nursing homes and others. Others sub-segment includes specialized clinics, long-term facilities, ambulatory surgical centers, assisted-living facilities. The hospitals segment is anticipated to grow at a CAGR of 12.8% during the forecast period. The high prevalence of the hospital associated infection across the world is likely to enforce the healthcare setting for the adoption of these solutions in their infrastructure to prevent the healthcare associated infections.
Product launch and collaboration were observed as the most adopted strategy in global infection surveillance solutions industry. Few of the recent product launch and collaboration are listed below:
2016: In September 2016, BD introduced the latest software release of Pyxis ES System that delivers patient safety workflow benefits from health’s medication management.
2015: In March 2015, Wolters Kluwer, a leading global provider of information for healthcare professionals and students, announced the launch of Clinical OneSource, a customer portal designed to provide the clinical community as well as Sentri7 and Simplifi 797 customers with clinical guidance for achieving optimal patient outcomes.
2018: In May 2018, Merck and Premier collaborated to develop and test the combination of a software-based platform and a coordinator to provide surveillance, consultation, support and education to patients with C. diff at participating Premier member health systems.
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