Infection Surveillance Solutions Market Current Trends and Future Demand by 2025
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.
The global infection surveillance solutions market accounted to US$ 294.1 Mn in 2017 and is expected to grow at a CAGR of 13.0% during the forecast period 2018 - 2025, to account to US$ 763.7 Mn by 2025.
According to a new market research study titled 'Infection surveillance solutions market to 2025 - Global Analysis and Forecasts by Type and End User. The global infection surveillance solutions market is expected to reach US$ 763.7 Mn in 2025 from US$ 294.1 Mn in 2017. The market is estimated to grow with a CAGR of 13.0% from 2018-2025. The report highlights the trends prevalent in the global infection surveillance solutions market and the factors driving the market along with those that act as deterrents to its growth.
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The market for infection surveillance solutions is expected to grow due to increasing number of hospital associated infections, development of government policies and initiatives to promote use of these software in public and private healthcare infrastructures and increasing adoption of information technology into healthcare. In addition, growth of the market in emerging nations is likely to have a positive impact on the growth of the market in the coming years.
Recent Market Developments-
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.
Product launch and collaboration were observed as the most adopted strategy in global infection surveillance solutions industry. Few of the recent product launch and collaboration are listed below:
2016: In September 2016, BD introduced the latest software release of Pyxis ES System that delivers patient safety workflow benefits from health’s medication management.
2015: In March 2015, Wolters Kluwer, a leading global provider of information for healthcare professionals and students, announced the launch of Clinical OneSource, a customer portal designed to provide the clinical community as well as Sentri7 and Simplifi 797 customers with clinical guidance for achieving optimal patient outcomes.
2018: In May 2018, Merck and Premier collaborated to develop and test the combination of a software-based platform and a coordinator to provide surveillance, consultation, support and education to patients with C. diff at participating Premier member health systems.
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