Infection Surveillance Solutions Market Going to Hits $508.8 Million by 2021
The global Infection Surveillance Solutions Market is expected to reach USD 508.8 Million by 2021. This market was valued at USD 262.7 Million in 2016 and is expected to grow at a CAGR of 14.1% from 2016 to 2021.
“Infection Surveillance Solutions Market by Product (Software (On Premise, Web Based), Services (Training & Consulting, Implementation)), by End User (Hospitals, LTCs, Nursing Home, Skilled Nursing Facility, Assisted Living) – Global Forecast to 2021″
Infection Surveillance Solutions Market growth can be attributed to the increasing incidences of HAIs, government policies to prevent HAIs, increasing healthcare expenditure, and growth in number of surgeries.
On the other hand, high costs of software, reluctance among medical professionals to adopt advanced healthcare tools, and dearth of skilled IT professionals in the healthcare industry are some restraints for market growth.
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The infection surveillance solutions market in the Asia-Pacific region is expected to offer significant growth opportunities for market players during the forecast period. Growth in this regional segment is majorly attributed to the rising incidences of HAIs, increased awareness and accessibility to advanced healthcare facilities, rising healthcare spending, and rapid improvements in the health insurance sector in this region.
The global infection surveillance solutions market is highly fragmented, with a large number of companies offering infection surveillance solutions. These key players include Becton, Dickinson and Company (U.S.), Premier Inc. (U.S.), Wolters Kluwer N.V. (Netherlands,), Baxter International Inc. (U.S.), GOJO Industries, Inc. (U.S.), Atlas Medical Software (U.S.), Deb Group Ltd (U.K.), Hygreen Inc. (U.S.), RL Solutions (Canada), and TRUVEN Health Analytics (U.S.).