Infection Surveillance Services Market Expected to Reach $1.724 Billion by 2030

According to a new report published by Allied Market Research, titled, “Infection Surveillance Services Market by Offering, Infection Type, and End User: Global Opportunity Analysis and Industry Forecast, 2021–2030," The global infection surveillance services market size was valued at $0.407 billion in 2020, and is estimated to reach $1.724 billion by 2030, growing at a CAGR of 14.5% from 2021 to 2030.

Infection surveillance service is defined as the monitoring and reporting of the data due to healthcare-associated infection. This service allows hospitals and clinics to record incidents of surgical site infection, tract the result of patients after treatment, and review or change practice to prevent further infection. The software, tools, and services are available in hospitals, which aims to collect & analyze the data on surgical site infection by using a minimal set of data required and ensure the highest standard of data quality.

The factors that drive the growth of the infection surveillance services market include a rise in prevalence of healthcare-associated infection such as surgical site infection, pneumonia, and urinary tract infection; increase in the number of surgeries; and rise in adoption of infection surveillance software among healthcare workers. For instance, according to the Centers for Disease Control and Prevention (CDC), around 1 in 31 hospital patients are diagnosed with at least one healthcare-associated infection. in addition, rise in number of surgeries leads to increased stay in hospitals. Thus, the number of patients suffering from healthcare-associated infection such as surgical site infection is likely to increase at an alarming rate. As per the data published in Patient Safety Network, in 2019, it was reported that surgical site infection (SSI) is diagnosed in 2–4% of all patients undergoing inpatient surgical procedure. Thus, SSI is one of the major causes of mortality and morbidity after a surgical procedure. Market players are focusing on the development of novel approaches for infection surveillance services technology. The development in information technology (IT) systems to conduct analytical processing and advanced infection surveillance solution for application in healthcare sector boost the market growth. The advanced infection surveillance solution includes specialized data mining software, usage of algorithms with electronic medical records, and fully automated healthcare-associated infection surveillance, which help to identify the clinical terms.

Increase in trend of self-medication, rise in demand for software in the healthcare sector, and surge in antibiotic resistance by bacteria are anticipated to drive the growth of the infection surveillance services market. In addition, improvement in healthcare infrastructure has led to the development of innovative technologies in the healthcare sector, thereby propelling the growth of the market.

Moreover, initiatives taken by governments for development of the information technology sector and prevention of healthcare-associated infection are the key factors that augment the growth of the market.

Furthermore, increase in the infection caused due to lack of sanitization of hospitals and medical devices and surge in funding for various prevention and control programs propel the growth of the market. In addition, rise in demand for advanced software in the healthcare sector to enhance efficiency for detection of infectious diseases and increase in need for cloud computing in electronic medical record fuel the infection surveillance services market growth.

The infection surveillance services market is segmented into offering, infection type, end user, and region. On the basis of offering, the market is divided into software and services. The software segment dominated the market in 2020, and is expected to continue this trend during the forecast period, due to increase in prevalence of healthcare-associated infections and surge in demand for infection surveillance software by the healthcare sector.

Depending on infection type, the market is classified into hospital-acquired pneumonia, bloodstream infections, surgical site infections, gastrointestinal infections, urinary tract infections (UTI), and others. The surgical site infections segment led the market in 2020, and is expected to retain its dominance during the forecast period, owing to factors such as surge in the number of surgical procedures performed across the globe which in turn lead to rise in risk of surgical site infections. By end user, the market is fragmented into hospitals & clinics, ambulatory surgical centers & academic institutes, and long-term care facilities.

The hospital & clinics segment exhibited the highest growth in 2020, and is expected to continue this trend during the forecast period, owing to increase in prevalence of healthcare-associated infection, surge in demand for an electronic medical record, and use of innovative technologies in the healthcare sector.

The COVID-19 outbreak is anticipated to have a positive impact on the growth of the global infection surveillance services market. The COVID-19 pandemic has stressed the healthcare systems in the world and increased the risk of developing healthcare-associated infection  among COVID-19 patients. According to the Antimicrobial Resistance & Infection Control, in 2021, it was reported that a retrospective cohort study was conducted to identify the impact of COVID-19 on healthcare-associated infection. It was reported that around 59 patients were diagnosed with healthcare-associated infection in one hospital and approximately them 32 patients develop healthcare-associated infection due to COVID-19. The rapid transmission of SARS-CoV-2 results in increased hospitalization and long stay in hospital, which lead to healthcare-associated infections. Subsequently, this leads to increase in demand for infection surveillance services, thereby augmenting the market growth.

Key Findings Of The Study

• By offering, the software segment was the highest contributor to the infection surveillance services market in 2020.
• On the basis of infection type, the surgical site infections segment dominated the market in 2020.
• Depending on end user, the hospital & clinic segment exhibited the highest growth in 2020, and is expected to continue this trend during the forecast period.
• Region wise, North America garnered the largest revenue share in 2020, whereas Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period.

North America accounted for a majority of the global infection surveillance services market share in 2020, and is anticipated to remain dominant during the forecast period. This is attributed to rise in prevalence of healthcare-associated infections, presence of key players, increase in healthcare expenditure, advancements in analytical & infectious surveillance solution, and rise in government policies to prevent healthcare-associated infection in the region. However, Asia-Pacific is anticipated to witness notable growth, owing to increase in prevalence of hospital-acquired infections, rise in geriatric population, and increase in trend of self-medication in the region.