Infection Surveillance Solutions Market

Becton, Dickinson and Company (US), Premier International, Inc. (US) and Wolters Kluwer N.V. (Netherlands) are Leading Players in the Infection Surveillance Solutions Market

Becton, Dickinson and Company (US), Cerner Corporation (US), Wolters Kluwer N.V. (Netherlands), Premier International Inc. (US), Baxter Corporation (US) are the leading players in the infection surveillance solutions market

The infection surveillance solutions market is projected to reach USD 1,033 million by 2026 from USD 508 million in 2021, at a CAGR of 15.2%. The growth of this market is influenced primarily due to the increasing incidence of hospital-acquired infections (HAIs) and new Medicare policies, including non-payment for hospital-acquired conditions. The rising healthcare expenditure, an increasing number of surgeries, the growing geriatric population, and the increasing incidence of chronic diseases are the other factors driving the growth of this market. Currently, with the surge in COVID-19 cases, there is an increased focus on personal hygiene, coupled with the need to track and monitor the spread of COVID-19 infection. This is further expected to drive the market growth during the forecast period.

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On the other hand, the high cost of health IT solutions deployment in small healthcare organizations in developing countries and the reluctance among medical professionals to adopt advanced healthcare IT solutions are expected to hamper the growth of this market during the forecast period

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 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. Due to the intense competition in the market, major market players are increasingly focusing on expanding their geographic presence into high-growth emerging markets and strengthening their competitiveness in the market by acquiring smaller players with desired technological capabilities or geographic presence.

Becton, Dickinson and Company is a leading company in the infection surveillance solutions market and is a leading provider of infection surveillance products and services. The company offers a broad range of infection surveillance solutions and has facilities in the U.S., Brazil, Canada, China, France, Germany, Hungary, India, Ireland, Japan, Mexico, the Netherlands, Pakistan, Singapore, Spain, and the U.K. The company operates in three business segments worldwide—BD Medical, BD Life Sciences and BD Interventional. The company offers infection surveillance solutions under the BD Medical segment. MedMined Surveillance Advisor, BD Protect Infection Prevention, and BD AICE are the major infection surveillance software developed and marketed by the company. The company significantly invests in R&D activities to add technologically innovative solutions to its portfolio, which helps it to further strengthen its presence in the infection surveillance solutions market.

Premier Inc. is a well-established global brand in the medical device connectivity market, with operations across the globe. The company provides infection surveillance software & services, integrated data and analytics solutions, supply chain solutions, and advisory and other services, to transform healthcare and enable better care and outcomes at a lower cost. The company operates only in the U.S. and has no significant foreign operations. The company operates through two business segments, namely, Supply Chain Services and Performance Services. The company offers infection prevention surveillance solutions under the Performance Services business segment, which includes Infection Control Assistant and SafetyAdvisor infection surveillance software. In order to increase its share in the infection surveillance solutions market, the company pursues the strategies of agreements, collaborations and acquisition. In February 2020, Premier Inc.(US) acquired Acurity Inc and Nexera, Inc.(US). With these acquisitions, Premier Inc. has build upon the significant revenue and added significant value by providing Premier’s technology and services to their member hospitals.

Wolters Kluwer N.V  is a leading global company providing information services and solutions for professionals in the health, tax & accounting, risk & compliance, finance, and legal sectors. The company operates through four business divisions, namely, health, tax & accounting, governance, risk & compliance, and legal & regulatory. The company provides infection surveillance software and services under the health business division. Sentri7 is the infection surveillance software developed by the company. In order to compete in the global infection surveillance solutions market, the company adopts the strategies of regular product enhancements of existing products. In August 2020, Sentri7 clinical surveillance solution was enhanced with artificial intelligence (AI) to identify patients at risk for Clostridioides difficile (C. diff) infection. Similarly in July 2018, a new version for Sentri 7 software was launched with POC advisor to monitor and analyze a broad cross-section of EHR data, including clinical notes, and identifies patients at risk more than 6 hours earlier than EHR sepsis alerts.

Related Reports:

Infection Surveillance Solutions Market by Software (Cloud-based), Service (Product Support, Maintenance, Implementation), End User (Hospitals (Large, Medium-Sized, Small Hospitals) Long-Term Care Facilities), COVID-19 Impact - Global Forecast to 2026

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Report Code
HIT 4380
RI Published ON
9/7/2021
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