Infection Surveillance Solutions Market Estimated to Grow at a CAGR of 13.7% During the Forecast Period 2021-2026

Infection Surveillance Solutions Market | IndustryARC
The Raised Capacity of It Systems to Carry Out Analytic Processing in Conjunction With Technological Progress in It Systems Is Set to Propel the Growth of the Infection Surveillance Solutions Market.

Infection Surveillance Solutions Market size is estimated to reach $1.2 billion by 2026, growing at a CAGR of 13.7% during the forecast period 2021-2026. An infection Surveillance System is a system of surveillance planned to recognize probable communicable ailments prior to their spread to additional individuals in the facility. As per the Centers For Disease Control And Prevention (CDC), Infection Surveillance is “to create, implement, support, and sustain evidence-based interventions to prevent healthcare-associated infections and organism transmissions”. An infection control practitioner (ICP) examines diseases that are existing inpatients and staff in hospitals. An infection control practitioner can be a registered nurse or microbiologist/technologist as approved by the American Society for Clinical Pathology (ASCP). An infection control practitioner may be involved in Infection Surveillance. Pneumonia is an infection of the air sacs in one or two of the lungs and may require infection surveillance. Electronic medical records (EMRs) are the lawful patient records that are developed in digital format in hospitals and ambulatory environments. Electronic medical records may be utilized as instruments for infection surveillance.

The dearth of sanitation, disobedience of recommended medication, and boost in the trend of self-medication has led to antibiotic resistance by bacteria resulting in a compelling need for a surveillance system to control the propagation of hospital-acquired infection and fatality connected with alarming ailments like pneumonia which is driving the growth of the Infection Surveillance Systems Market. The raised capacity of IT systems to carry out analytic processing in conjunction with technological progress in IT systems is set to propel the growth of the Infection Surveillance Solutions Market during the forecast period 2021-2026. This represents the Infection Surveillance Solutions Industry Outlook.

Infection Surveillance Solutions Market Segment Analysis – By Infection Type:

The Infection Surveillance Solutions Market based on Infection Type can be further segmented into Surgical Site Infections (SSI), Bloodstream Infections (BSI), urinary tract Infections (UIT), and Others. The Surgical Site Infections (SSI) Segment held the largest market share in 2020. This growth is owing to the increased vital complexities of surgery leading to great costs in both financial and human terms. The National Audit Commission (2000) has identified the conclusions of Hospital Acquired Infections (HAIs) on fatality and morbidity and the connected costs. The commission approximated that HAIs cost the National Health Service (NHS) over £1bn per year. Haley (1985) indicated that it is feasible to decrease infection rates by up to 38% by performing surveillance programs and feeding back outcomes to those included in inpatient care who may have electronic medical records. These determinants are fuelling the growth of the Surgical Site Infections (SSI) segment.

Furthermore, the urinary tract Infections (UIT) segment is estimated to grow with the fastest CAGR of 14.7% during the forecast period 2021-2026 owing to the increased cases of hospital-acquired urinary tract infections (HAUTI) with most cases connected to catheters (CAUTI) which may have associated electronic medical records.

Infection Surveillance Solutions Market Segment Analysis – By Offering:

The Infection Surveillance Solutions Market based on Offering can be further segmented into Software and Service. The Software segment held the largest market share in 2020. This growth is owing to the progressive technology as it provides effective management of patient data, investigation, and understanding. Elation Health is a cloud-based clinically aimed electronic health record solution for physicians seeking an ONC-ATCB approved EMR along with patient appointments, a patient portal, e-prescribing, and e-faxing. The increasing adoption of the Cloud sub-segment of the Software segment along with electronic medical records is fuelling the growth of this segment owing to the advantages offered by Cloud-like lesser maintenance cost, enhanced collaboration, good back-up and restore data features, and superior convenience.

Furthermore, the Service segment is estimated to grow with the fastest CAGR of 15.5% during the forecast period 2021-2026 owing to the greater acceptance of services in healthcare facilities equipped with the feature of electronic medical records.

Request for Sample Report @ https://www.industryarc.com/pdfdownload.php?id=16766

Report Price: $ 4500 (Single User License)

Infection Surveillance Solutions Market Segment Analysis – By Geography:

The Infection Surveillance Solutions Market based on geography can be further segmented into North America, Europe, Asia-Pacific, South America, and the Rest of the World. North America (Infection Surveillance Solutions Market) held the largest share with 40% of the overall market in 2020. The growth of this region is owing to the increasing count of innovative product launches and the soaring concentration of key players like VigiLANZ Corporation in the region. The superior healthcare amenities like electronic medical records, the greater awareness of patients about more excellent healthcare services, and the trustworthy structure of reimbursement policies are estimated to propel the growth of the Infection Surveillance Solutions Market in the North American region.

Furthermore, the Asia-Pacific region is estimated to be the region with the fastest CAGR rate over the forecast period 2021-2026. This growth is owing to factors like expanding endeavors to prevent hospital-acquired infections and to enhance complete healthcare with the utilization of electronic medical records. The rise of medical tourism is fuelling the progress of the Infection Surveillance Solutions Market in the Asia-Pacific region.

Infection Surveillance Solutions Market Drivers

Surveillance Of Infectious Ailments Like Pneumonia Is Projected To Drive The Growth Of Infection Surveillance Solutions Market:

As per World Health Organization (WHO), Pneumonia is responsible for 15% of all deaths of children under 5 years old, taking the lives of 808 694 children in 2017. Furthermore, WHO figures indicate that Pneumonia brought about by bacteria may be treated with antibiotics, but only one-third of children with pneumonia acquire the antibiotics they require. The increasing predominance of pneumonia among children is resulting in greater hospital admissions which are fuelling the demand for Infection Surveillance in the Infection Surveillance Solutions Market. In 2015, the Centers For Disease Control And Prevention (CDC) organized a point-prevalence survey in a sample of acute care hospitals in the U.S. and established that of the 427 healthcare-associated infections recognized, pneumonia was the most typical infection with 32% of those being ventilator connected. Patients accepting intrusive mechanical ventilation are at hazard for abundant complexities, inclusive of pneumonia. The high incidence of pneumonia is impelling the growth of the Infection Surveillance Solutions Market during the forecast period 2021-2026.

Technological Innovations Are Expected To Boost The Demand Of Infection Surveillance:

In addition to electronic medical records (EMRs), technological innovations are driving the growth of the Infection Surveillance Solutions market. Chromatic Health has developed the HAI Tracker software platform planned to boost effectiveness and streamline the surveillance procedure. The reciprocal and flexible interface leads users at all experience levels by way of nationally-identified criteria and it offers real-time feedback to permit healthcare personnel to confidently collect infection data. Users can act in accordance with the guided forms without memorizing infection criteria, guaranteeing constant reporting with a lesser staff workload. These kinds of technological innovations are driving the growth of the Infection Surveillance Solutions Market during the forecast period 2021-2026.

Direct Purchase link @ https://www.industryarc.com/purchasereport.php?id=16766

Infection Surveillance Solutions Market Challenges

Infection Surveillance Ineffectiveness Is Hampering The Growth Of Infection Surveillance Solutions Market:

A large count of hospitals still utilizes manual infection surveillance techniques where the Infection Preventionists (IPs) can invest hours analyzing through paper culture reports instead of electronic medical records to recognize possible Healthcare Acquired Infections (HAIs) or patient isolation interventions. The reports are frequently slowed, restricting opportunities for efficient HAI mediation. Abundant hospitals are turning to apply automated infection surveillance technology that can expedite patient data accumulation and investigation in real-time to boost surveillance effectiveness. The lack of automation in a considerable number of hospitals for infection surveillance is hampering the growth of the Infection Surveillance Solutions Market.

Infection Surveillance Solutions Marke Landscape:

Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Infection Surveillance Solutions Market. The key companies of this market include:

RL Solutions
GOJO Industries Inc.
VigiLANZ Corporation
Cerner Corporation
IBM Corporation
Atlas Medical Software
Becton, Dickinson, and Company
Premier Inc.
Wolters Kluwer N.V
Sunquest

Acquisitions/Product Launches:

In June 2021, VigiLanz, a clinical surveillance firm, declared the kick-off of a novel audit solution constructed on VigiLanz’s award-winning enterprise software platform. The novel solution, VigiLanz Audit, integrates VigiLanz’s existing security, quality, and risk products by ordering, automatizing, and making perfect audit processes.

In April 2021, VigiLanz, a clinical surveillance firm, declared the introduction of three novel event reporting solutions constructed on VigiLanz’s award-winning enterprise software platform. The novel solutions, VigiLanz Risk and Claims, VigiLanz Compliance, and VigiLanz Patient Relations, integrate VigiLanz’s current Dynamic Safety Surveillance product to augment the platform’s advantages and enhance hospitals’ bottom line by authorizing them to rapidly capture, monitor, and act on information, improving patient security and decreasing organizational hazard.

Key Takeaways

Geographically, North America Infection Surveillance Solutions Market accounted for the highest revenue share in 2020 and it is poised to dominate the market over the period 2021-2026 owing to the boost in R&D activities in medical sciences, specifically in the U.S., where the United States Department Of Health And Human Services, which is a cabinet-level executive branch department of the U.S. federal government developed to safeguard the health of all Americans who may have electronic medical records and offering vital human services is generous in financing and keeping up the technological research in medical sciences in the North American region.

Infection Surveillance Solutions Market growth is being driven by the increase in hospital-associated infections in clinical settings like surgical site infections and the boost in acceptance of infection surveillance systems for ailments like pneumonia and to recognize probable healthcare-associated infections during a patient stay in hospitals. However, the soaring cost of software and the lack of suitable knowledge are some of the major factors hampering the growth of the Infection Surveillance Solutions Market.

Infection Surveillance Solutions Market Detailed Analysis on the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the Infection Surveillance Solutions Market report.

Related Report:

Infection prevention & Control Market

https://www.industryarc.com/Report/1309/Infection-Prevention-and-Control-Market-analysis-report.html

For more Lifesciences and Healthcare related reports, please click here

About IndustryARC: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services.

Media Contact
Company Name: IndustryARC
Contact Person: Mr. Venkat Reddy
Email: Send Email
Phone: (+1) 970-236-3677
Address:Madhapur
City: Hyderabad
Country: India
Website: https://www.industryarc.com/