The growth of the Infection Surveillance Solutions Market is influenced primarily due to the increasing prevalence of hospital acquired infections (HAI), increasing number of surgeries, growing geriatric population and chronic diseases, and escalating healthcare expenditure is fueling the demand for infection surveillance solutions. The new technology trends in cloud-based and AI integrated software for infection surveillance and control is creating numerous opportunities for solution providers.
According to research report the global infection surveillance solutions market size is expected to grow at a CAGR of 13.8% during the forecast period, from an estimated USD 577 million in 2022 to USD 1,100 million in 2027.
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Nursing homes segment is expected to be the largest infection surveillance solutions market for long-term care facilities, by type, during the forecast period
Based on type, the infection surveillance solutions market for long-term care (LTC) facilities is segmented into nursing homes, skilled nursing facilities, and assisted living facilities. The infection surveillance software segment accounted for the largest share of the infection surveillance solutions market. The large share of this segment is primarily attributed to the high prevalence of HAIs in nursing homes and the increased adoption of infection surveillance solutions in these settings.
The hospital segment, by end user, is expected to be the largest and fastest growing infection surveillance solutions market during the forecast period
The infection surveillance solutions market, based on end user, is segmented into hospitals, long-term care facilities, and other end users. The hospitals segment accounted for the largest share of the infection surveillance solutions market and witness the highest growth during the forecast. The high incidence of HAIs, and the resulting cost burden on stakeholders, have driven the adoption of infection control products and services in hospitals. Furthermore, the large patient volume, and the increasing cases of surgical site infections (SSIs) are also driving the growth of the market. The most common HAIs reported in hospitals are central line-associated bloodstream infections, methicillin-resistant staphylococcus aureus (MRSA), vancomycin-resistant enterococci bloodstream infections, clostridium difficile infections, and SSIs.
Asia Pacific region is expected to register the highest CAGR in the infection surveillance solutions market during the forecast period
The Asia Pacific market is expected to witness the highest growth from 2022 to 2027. There is a growing need to implement and integrate medical devices and HCIT solutions in Asia to provide patients with cost-effective and quality clinical care. As a result, many global HCIT companies are investing in the Asian market to capitalize on the growing opportunities. The growing patient volume and the rising need for accurate and timely tracking and monitoring of diseases will fuel the growth of the infection surveillance solutions market in Asia Pacific.
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The global infection surveillance software market is fragmented and highly competitive. Some of the major players governing the overall infection surveillance solutions market include Becton, Dickinson and Company (US), Premier International, Inc. (US), Wolters Kluwer N.V. (Netherlands), Cerner Corporation (US), Baxter International Inc. (US), GOJO Industries, Inc. (US), Sunquest (US), Deb Group Ltd. (UK), BioVigil Healthcare Systems (US), RLDatix (UK), IBM Corporation (US), Vecna Technologies, Inc. (US), VigiLanz Corporation (US), Ecolab Inc. (US), Harris Healthcare (US), PeraHealth Inc. (US), Medexter Healthcare (Austria), Centrak Inc. (US), BioMerieux SA (France), CKM Healthcare (Canada). However, in the last few years, a number of smaller players have emerged from niche markets and are competing with global players based on price and technological innovation.
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