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According to a report,“Infection Surveillance Solutions Market Analysis Report By End Use (Hospitals, Care Centers), By Product and Services, By Infection (Surgical Site, Urinary Tract, Blood Stream), And Segment Forecasts, 2018 – 2026”, published by Grand View Research, Inc., the global infection surveillance solutions market size is poised to reach USD 1.0 billion by 2026, progressing at a CAGR of 14.3% during the forecast period. Improving healthcare settings worldwide coupled with advancements in healthcare IT infrastructure is projected to play a pivotal role in the growth of the market. Rising prevalence of healthcare associated infections (HAIs) has been one of the critical factors driving the market.

Key Takeaways from the report:

• Surgical site infections emerged as the most promising segment during the forecast period owing to increasing number of surgeries being performed worldwide

• On the basis of the product and services segment, the on-premise software segment commanded the largest share in the market owing to its increased usage

• North America dominated the market in 2017. Government programs and rising awareness about infection surveillance are facilitating the dominance of this region during the forecast period

• Asia Pacific is estimated to witness swift growth during the forecast period due to increasing establishment of hospital chains and huge patient population

• Few of the key market players are Wolters Kluwer N.V; Gojo Industries; Becton; Dickinson and Company; RL Solutions; Baxter International Inc.; Premier Inc.; and Truven Health Analytics (An IBM Company).

Browse More Reports in Healthcare IT Industry:

• Care Management Solutions Market: Increase in adoption of technologically advanced solutions to reduce cost, paperwork, and duplication of testing, as well as improve safety and health are key factors fueling market growth. Rise in incidence of chronic diseases and growth in geriatric population are also factors likely to drive the market during the forecast period.

• LIMS Market: Increasing investments in R&D activities by pharma and biotechnological organizations are providing a significant push to the market. Growing focus on improving efficiency of laboratories is also expected to help the market gain tremendous momentum over the coming years.

According to HAI Prevalence Survey conducted by the Center for Disease Control and Prevention (CDC), in 2014, around 722,000 cases of HAIs were detected in the U.S hospitals alone. Moreover, according to the California Department of Public Health (CDPH) in 2016, 18,924 HAIs cases were reported in 400 acute care hospitals. In addition, as per facts published by the European Commission (EC), around 25,000 people die in European Union (EU) from antibiotic resistant bacteria. The figure is expected to increase to 10 million deaths per year, if current infection trend continues by 2050.

Rising collaboration and government initiatives are also stimulating the growth of the market. For instance, in January 2018, Indian Council of Medical Research (ICMR) and Pfizer, Inc. signed partnership agreement to introduce anti-microbial resistance stewardship programs. The objective was to scale up AMR surveillance network in India.

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About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

For more information: www.grandviewresearch.com

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