Press release
Infection Surveillance Solutions Market to Project High at an 13.7% CAGR During the Study Period [2019-2025]
The major players operating in the infection surveillance solutions market include BD, Wolters Kluwer, Sunquest Information Systems, Inc., Premier, Baxter (ICNet Systems, Inc.), GOJO Industries, Inc., Cerner Corporation, Deb Group Ltd., PeraHealth, and VigiLanz Corporation among others.
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Software launch and up-gradation are prominent parameters by industry players leading strategies undertaken by key market players. For instance, in June 2017, Wolter Kluwers in June 2017 announced that POC Advisor, its real-time clinical surveillance and analytics platform, will integrate the Natural Language Processing (NLP) solution from Hiteks Solutions, Inc. for inclusion of structured and unstructured documentation to make them immediately actionable. This expansion is expected to enable real-time analysis and improve efficacy of sepsis alerts. The developments performed by the companies are helping the market to grow in the coming years.
Benefits of Reports:
Growing Applications of Infection Surveillance Solutions in Healthcare to Drive Infection Surveillance Solutions in Healthcare Market Growth
The growth of the Infection Surveillance Solutions in healthcare market is attributed to the increasing number of healthcare associated infections.
Government initiatives for prevention of healthcare associated infections (HAIs), rise in the integration of information technology into various healthcare platforms are key drivers for the growth of the market.
However, the growth of the market is restrained by various factors such as high costs of the software and dearth of skilled professionals to offer services in remote areas.
The Infection Surveillance Solutions in healthcare market is expected to witness substantial growth post-pandemic. The Infection Surveillance Solutions in healthcare market is expected to witness substantial growth post-pandemic. The COVID-19 has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The COVID-19 crisis has overburdened public health systems in many countries and highlighted the strong need for sustainable investment in health systems. As the COVID-19 pandemic progresses, the healthcare industry is expected to see a drop in growth. The life sciences segment thrives due to increased demand for invitro diagnostic products and rising research and development activities worldwide. However, the medical technologies and imaging segment is witnessing drop in sales due to a smaller number of surgeries being carried out and delayed or prolonged equipment procurement. Additionally, virtual consultations by healthcare professionals are expected to become the mainstream care delivery model post-pandemic. With telehealth transforming care delivery, digital health will continue to thrive in coming years. In addition, disrupted clinical trials and the subsequent delay in drug launches is also expected to pave the way for entirely virtual trials in the future. New technologies such as mRNA is expected to emerge and shift the pharmaceutical industry and market is also expected to witness more vertical integration and joint ventures in coming years.
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The report segments the global infection surveillance solutions market as follows:
- By Type
Software
Web-Based Software
On-Premises Software
Services
Implementation Services
Support and Maintenance Services
Training and Consulting Services
- By End User
Hospitals
Nursing Homes
Others
- By Geography
North America
Europe
EuropeAsia Pacific (APAC)
Middle East & Africa (MEA)
South & Central America
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.
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If you have any queries about this report or if you would like further information, please contact us:
Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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