Global Infection Surveillance Solutions Market Report 2022: Market to Reach $1.1 Billion by 2026 - North America and Europe Hold Major Presence, Asia-Pacific to Witness Fastest Growth

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Apr 04, 2022, 14:45 ET

DUBLIN, April 4, 2022 /PRNewswire/ -- The "Infection Surveillance Solutions - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Global Infection Surveillance Solutions Market to Reach US$1.1 Billion by the Year 2026

Amid the COVID-19 crisis, the global market for Infection Surveillance Solutions estimated at US$435.8 Million in the year 2020, is projected to reach a revised size of US$1.1 Billion by 2026, growing at a CAGR of 15.8% over the analysis period.

Infection surveillance systems are deployed to identify infection trends, evaluate and take preventive measures to control them. Infection surveillance systems provide healthcare institutions with accurate information on employee and patient health and surgical databases with real-time monitoring. Hospitals and long-term care facilities are the biggest user groups of infection surveillance systems.

Growth in the global market is being driven by a growing number of healthcare-acquired infections (HAIs); continuing advancements and innovations in the industry; and more expenditure on healthcare. The rising number of surgeries, growing healthcare expenditure, and governmental policies for preventing HAIs are also contributing to the growth of the infection surveillance solution segment.

Moreover, the ongoing pandemic has also impacted the global market positively, leading to rising demands for these solutions for preventing and monitoring the spread of infections. The ongoing pandemic has enhanced the health IT solution integration for quicker and more effective infection control and prevention and the bulk of these integrations have happened in the hospitals. T

he pandemic forced governments across the world to adapt to healthcare IT systems and digital technologies, like the Singapore government that adopted a strategy of collecting data of the whole population using surveillance technology in Community Care Facilities (CCFs).

Software, one of the segments analyzed in the report, is projected to grow at a 15.1% CAGR to reach US$756.7 Million by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Services segment is readjusted to a revised 17% CAGR for the next 7-year period. This segment currently accounts for a 35.3% share of the global Infection Surveillance Solutions market.

A tremendous surge in the adoption of customized software for infection surveillance by multiple healthcare facilities is boosting this segment`s growth. The design of most software also includes analysis functions in real-time. The services ensure that the healthcare providers get access to the technical knowledge base, obtain the product team`s support along with acquiring application management skills of the service providing company, the factors that are instrumental behind the growth of the maintenance service and product support segment.

The U.S. Market is Estimated at $175.9 Million in 2021, While China is Forecast to Reach $122.8 Million by 2026

The Infection Surveillance Solutions market in the U.S. is estimated at US$175.9 Million in the year 2021. The country currently accounts for a 35.26% share in the global market. China, the world`s second largest economy, is forecast to reach an estimated market size of US$122.8 Million in the year 2026 trailing a CAGR of 17.1% through the analysis period.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 13.6% and 15.7% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 16.1% CAGR while Rest of European market (as defined in the study) will reach US$86.4 Million by the end of the analysis period.

North America leads the market for solutions on infection surveillance due to a growing preference of various healthcare settings for surveillance systems, aided by government initiatives for boosting its adoption. Additionally, the leading market players too, are growing their respective businesses in the developing countries for increasing their presence regionally.

The Asia Pacific market is a fast-growing segment due to the increasing awareness and access to advanced healthcare facilities.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

A Prelude to Infection Surveillance Solutions
Impact of Covid-19 and a Looming Global Recession
Omicron: Impact on Travel Industry
Countries that have Already Detected Omicron Cases
Steps taken by the Countries to Prevent Transmission of Omicron Variant
Fears of Tourism Industry
Industry Response to the Travel Curbs
Financial Impact
Scientists Seek to Gather More Information on Omicron
Pharma Firms Aim to Improve Existing Vaccines to Counter Omicron
COVID-19 Impact On Infection Surveillance Solutions Market
Global Market Analysis and Prospects
Infection Surveillance Solutions Market Witnesses Steady Growth
Surveillance Software Holds a Significant Share
By Infection Type, UTI Holds a Strong Place
Hospitals Account for a Major Share of the Market
North America and Europe Hold Major Presence, Asia-Pacific to Witness Fastest Growth

2. FOCUS ON SELECT PLAYERS (Total 40 Featured)

Asolva Inc.
Baxter International, Inc.
Becton, Dickinson and Company
bioMerieux SA
BioVigil Healthcare Systems Inc.
CenTrak, Inc.
Cerner Corporation
CKM Healthcare Inc.
Ecolab Inc.
GOJO Industries, Inc.
Harris Healthcare Group
IBM Corporation
ICNet International Limited
Medexter Healthcare GmbH
PeraHealth Inc.
PointClickCare Corp.
Premier International, Inc.
RLDatix
STANLEY Healthcare
Sunquest Information Systems Inc.
Vecna Technologies, Inc.
VigiLanz Corporation
Vitalacy Inc.
Vizzia Technologies
Wolters Kluwer N.V.

3. MARKET TRENDS & DRIVERS

Growing Prevalence of Infectious Diseases Spurs Demand for Infection Surveillance Solutions
Infectious Diseases Remain Major Cause of Death in Under Developed Regions
Infectious Diseases Related Mortality High Among Children Below 5 Years
Rising Incidence of Hospital Acquired Infections (HAIs) Drives Market Growth
Mitigating the Risks Associated With Hospital-Acquired Infections
Shift to proactive From Reactive
Initiatives for Stewardship
Report Production
Government Measures to Control HAIs Drive Infection Surveillance Solutions Market
Rising Prevalence of Respiratory Infections to Drive Need for POC Molecular Diagnostics
Global Number of Deaths Caused Due to Communicable Diseases (In 000s)
Infection Control Software Witnesses Steady Growth
Advantages of Infection Control Software
Clinical Surveillance Innovation to Spur the Infection Surveillance Solutions Market
Rising Need to Reduce Healthcare Costs to Propel Demand for Infection Surveillance Solutions
Rapidly Aging World Population & COVID-19 Induced Re-Focus on Aging-In-Place to Drive Demand
Digitalization of Healthcare and Technological Advancements
Increasing Complexity of Healthcare Operations to Spur Demand for Infection Surveillance Solutions Market
The Move to Cloud Gains Momentum
Rise in Pollution Levels Trigger Increase in Respiratory Diseases, Driving Market Opportunities
Percentage Share Breakdown of Global Deaths Linked to Air Pollution