Global Market for Infection Surveillance Solutions Expected to Grow at 12.7% CAGR to $1.58 Billion by 2031
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InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Infection Surveillance Solutions Market- (By Product & Services (Software (On-premise Software, Web-based Software), Up to 50 hp (Product Support & Maintenance Services, Implementation Services, Training & Consulting services), By End User (Hospitals, (Large Hospitals, Medium Sized Hospitals, Small Hospitals), Long-term Care Facilities (Nursing Homes, Skilled Nursing Facilities, Assisted- Living Facilities), Other End Users)), Trends, Industry Competition Analysis, Revenue and Forecast To 2031."
According to the latest research by InsightAce Analytic, the Global Infection Surveillance Solutions Market is valued at US$ 544.93 Mn in 2022, and it is expected to reach US$ 1581.37 Mn by 2031, with a CAGR of 12.7% during a forecast period of 2023-2031.
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Infection surveillance solutions aid healthcare workers in collecting, analyzing, and interpreting data on patients suffering from various infections. They alert the hospital's internet protocol and help doctors and nurses treat patients by disseminating information. They also aid in diagnosing antibiotic-resistant organisms (AROs), reducing respiratory tract infections, and preventing ventilator-associated pneumonia, urinary tract infections, surgical wounds, and central line bloodstream. One of the important factors influencing the market is the growing incidence of hospital-acquired infections (HAIs), caused by unsanitary circumstances and carelessness on the part of medical staff. Additionally, governments worldwide are taking steps to improve patient safety, care quality, and HAI prevention. The market is expanding due to this, as well as the rising cost of healthcare and the high adoption rate of new IT systems in hospitals for maintaining electronic healthcare records (EHR).??
List of Prominent Players in the Infection Surveillance Solutions Market:
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Market Dynamics:
Drivers-?
The increasing incidence of HAIs worldwide is one of the important factors propelling the market for infection surveillance solutions. HAIs develop due to patients' weakened immune systems, procedures that lessen the effectiveness of prescription drugs, rising healthcare costs, neglect, and bad cleanliness. HAIs have been identified as one of the leading causes of mortality in healthcare settings, which is why many healthcare institutions are implementing technologies like infection surveillance solutions to enhance infection control procedures and tactics. The ability to continuously manage and monitor HAI data enables early disease detection, public health evaluation, and proper implementation of preventive measures. The infection surveillance solutions market exhibits several important trends, including a shift in healthcare providers' preferences toward automation in healthcare facilities and an increase in demand for web-based and mobile platforms.?
Challenges:
It is projected that the high cost of the software, medical professionals' reluctance to use innovative healthcare products, and a lack of operating trained professionals will restrain the market expansion for infection surveillance solutions. Additionally, the market for infection surveillance solutions is anticipated to face challenges during the forecast period due to the growth in demand for web-based and mobile platforms and customer desire for automation in healthcare facilities.?
Regional Trends:
The North America infection surveillance solutions market is expected to record a major market share in revenue. It is projected to grow at a high CAGR in the near future. The growing need to reduce hospital-acquired infections (HAI) and the expansion of medical institutions in the area were the causes of this. Additionally, the regional market is expanding due to major players providing cutting-edge on-premise and web-based software. Due to these elements, it is also anticipated that the area will soon account for the greatest revenue share of the industry. Furthermore, throughout the Asia Pacific region, due to increased access to and awareness of cutting-edge medical facilities, the health insurance industry's rapid improvement, rising healthcare costs, and the rising prevalence of HAIs.?
Recent Developments:
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Segmentation of Infection Surveillance Solutions Market-
By Product & Services
·?????? Software
o?? On-premise Software
o?? Web-based Software
·?????? Up to 50 hp
o?? Product Support & Maintenance Services
o?? Implementation Services
o?? Training & Consulting services
By End User
·?????? Hospitals
o?? Large Hospitals
o?? Medium Sized Hospitals
o?? Small Hospitals
·?????? Long-term Care Facilities
o?? Nursing Homes
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o?? Skilled Nursing Facilities
o?? Assisted- Living Facilities
·?????? Other End Users
By Region-
North America-
·?????? The US
·?????? Canada
·?????? Mexico
Europe-
·?????? Germany
·?????? The UK
·?????? France
·?????? Italy
·?????? Spain
·?????? Rest of Europe
Asia-Pacific-
·?????? China
·?????? Japan
·?????? India
·?????? South Korea
·?????? South East Asia
·?????? Rest of Asia Pacific
Latin America-
·?????? Brazil
·?????? Argentina
·?????? Rest of Latin America
?Middle East & Africa-
·?????? GCC Countries
·?????? South Africa
·?????? Rest of the Middle East and Africa
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About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.