An increase in the incidence of HAIs, increasing number of surgeries, rise in healthcare expenditure, ease of use of the software system, and improvements in the healthcare insurance sectors are among the major factors driving the market
JERSEY CITY, N.J., Jan. 19, 2022 /PRNewswire/ -- Verified Market Research recently published a report, "Infection Surveillance Solutions Market" By Product (Software and Services), By End User (Hospitals and Long Term Care), and By Geography. According to Verified Market Research, the Global Infection Surveillance Solutions Market size was valued at USD 421.40 Million in 2020 and is projected to reach USD 1,160.52 Million by 2028, growing at a CAGR of 13.5% from 2021 to 2028.
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Global Infection Surveillance Solutions Market Overview
Increasing occurrences of hospital-associated infections (HAIs) boosting the Global Infection Surveillance Solutions Market. Hospital-associated infections in a clinical setting, such as surgical site infections, urinary tract infections, and pneumonia are increasing owing to contaminated devices and equipment, bed linens and patient clothing, and others. This has led to the use of infection monitoring systems by healthcare professionals and hospitals to identify possible healthcare-associated infections during patient stays in hospitals and to aid in the evaluation of preventive actions.
Antibiotic-resistant organisms (AROs) and infections caused by non-sanitized medical devices can also be diagnosed using these infection surveillance solutions. Antibiotic susceptibility test results are collected and correlated with geographic and clinical data for patient groups from which pathogens were isolated, leading to the detection of an epidemic and the facilitation of necessary formulations. These solutions include using algorithms with electronic medical records, specialized data mining software, and fully automated HAI surveillance through the use of clinical support-based information that aids in the detection of specific clinical words.
Various advancements in surveillance solutions are making it easier for health and clinical setting personnel to comprehend surveillance software and how to use it, resulting in a skilled workforce in the healthcare business. Furthermore, the Global Infection Surveillance Solutions Market is expected to benefit from an increase in the number of emergency surgeries.
However, the market for infection surveillance technologies is restrained by inadequate data management and computing resources. Inadequate and incorrect data regarding a patient's medical history and care results in inappropriate inferences in surveillance systems owing to poor data management this may make it difficult to process patient data and surgery histories in a timely manner, which is a factor that is predicted to stifle the worldwide expansion of the Infection Surveillance Solutions Market in the coming years
In July 2018, RL Solutions and Datix Limited, prominent players in healthcare quality and patient safety software, collaborated to form a global leader in patient safety, quality, and infection prevention.
In May 2019, RL Solutions acquired iContracts. In the contract, there was policy and revenue management, along with the iContracts' comprehensive suite of cloud-based solutions, helping the healthcare firms to manage risk and compliance, and also life sciences organizations to navigate complex revenue management processes.
In June 2019, GOJO Industries, Inc. has announced a new solution that makes use of Bluetooth Low Energy (BLE) technology to capture healthcare worker-specific hand hygiene events in real-time.
The major players in the market are Becton, Dikinson and Company, Premier Inc., Wolters Kluwer N.V., Baxter International Inc., Gojo Industries, Inc., RL Solutions, Truven Health Analytics (An IBM Company), DEB Group Ltd., Hygreen, Inc., Atlas Medical Software.
Verified Market Research has segmented the Global Infection Surveillance Solutions Market On the basis of Product, End User, and Geography.
Infection Surveillance Solutions Market, By Product
Infection Surveillance Solutions Market, By End User
Infection Surveillance Solutions Market by Geography
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