Fact.MR - A Market Research And Competitive Intelligence Provider, the Americas hospital acquired infection testing market was valued at US$ 595 Million in 2020, and is expected to exhibit a CAGR of around 15% over the forecast period.
“Surge in surgical procedures and government initiatives to control & create awareness regarding hospital acquired infections are anticipated to drive market growth over the coming years,” says a Fact.MR analyst.
Americas Hospital Acquired Infection Testing Market Analysis By Test (MSRA, Clostridium difficile Testing Kits), By Modality (Immunoassay Testing, Point-of-care Testing), By Sample (Blood, Nasal Swabs, Urine, Stool), By End User, By Region - Global Insights 2021-2031
Fact.MR - A Market Research And Competitive Intelligence Provider, the Americas hospital acquired infection testing market was valued at US$ 595 Million in 2020, and is expected to exhibit a CAGR of around 15% over the forecast period (2021-2031).
Rise in surgical procedures are elevating the risk of contracting surgical site infections. Surgical site infections (SSIs) are the most commonly reported healthcare-acquired infections and surgical complication in both, developed and developing countries.
Infants, elderly people, and people with weak immunity systems are at a greater risk of developing hospital acquired infections (HAIs). Many common antibiotics are resistant to various organisms present in hospitals. Widespread use of antibiotics in hospitals promotes the development of resistant bacteria. Urinary tract infection (UTI), surgical site infections, pneumonia, lung infections, and bacterial infections are commonly acquired hospital infections.
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As per the Centers of Disease Control and Prevention (CDC) estimates, in hospitals across the Americas alone, 1.7 million patients suffer from HAIs and 99,000 deaths occur every. This high mortality rate associated economic burden has compelled healthcare providers to device an effective strategy to lower infection rates.
There are various barriers that service providers have to face while introducing new tests or kits in the market. One amongst these is stringent government regulations. Diagnostic kits that are developed by independent medical device manufacturers and sold to medical laboratories are subjected to strict regulatory guidelines and a lengthy FDA approval process.
Key Takeaways from Market Study
- By test, helicobacter pylori testing kits hold around 26.4% value share of the total Americas market.
- Based on modality, point-of-care testing is leading with 69% market share.
- By end user, diagnostic laboratories dominate the HAI testing market with a value share of 35%, while on the other hand, home care settings are expected to increase at a higher CAGR of 23%.
- By country, the U.S. dominates the Americas hospital acquired infection testing market with a value share of 58%.
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Competitive Landscape -
The Americas market is set to expand due to rise in incidence of hospital acquired infections. Leading industry players are set to focus on research & development as well as strategic & geographic expansion in order to strengthen their presence in the region.
Some of the leading players in the market include, but not limited to, Altona Diagnostics, bioMérieux SA, Abbott, ThermoFisher Scientific, Danaher Corporation, ELI Tech Group, Becton Dickinson, Hoffmann-La Roche Ltd, Qiagen, Pro-lab diagnostics, Liofilchem, savyonDiagnostics, and CTK Biotech.
Impact of COVID-19 on Hospital Acquired Infection Testing in the Americas –
The current COVID-19 pandemic crisis is expected to have a moderately positive impact on market growth. This can be attributed to growing number hospitalizations due to COVID-19 across the Americas. Prolonged hospital stays and frequent use of ventilators increase the chances of patients acquiring infections. Thus, as the number of hospitalizations is high, demand for HAI testing kits is expected to see a rise.
Segments as per Americas Hospital Acquired Infection Testing Industry Research
- By Test
- MSRA Testing Kits
- MRSA Real-Time PCR Detection Kits
- MRSA Rapid Test Kits
- Staphylococcus aureus Detection Kits
- Staphylococcus aureus Latex Test Kits
- Staphylococcus aureus Assay Test Kits
- Clostridium difficile Testing Kits
- Clostridium difficile Detection Panels
- Clostridium difficile Immunoassay Kits
- Helicobacter pylori Testing Kits
- Helicobacter pylori Rapid Antigen Test Kits
- Helicobacter pylori IgG antibodies Test Kits
- Rotavirus/ Adenovirus Real-time PCR Kits
- RSV RT-PCR Test Kit
- RSV Ag Rapid Test Kits
- Strep A Rapid Testing Kits
- Strep B Rapid Testing Kits
- Mononucleosis Testing Kits
- Calprotectin Test Kits
- MSRA Testing Kits
- Modality
- Immunoassay Testing
- Point-of-care Testing
- By Sample
- Blood
- Nasal Swabs
- Urine
- Stool
- By End User
- Hospitals
- Diagnostic Laboratories
- Cancer Research Institutes
- Specialty Clinics
- Home Care Settings
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Fact.MR brings a comprehensive research report on forecasted revenue growth at the Americas, regional, and country levels, and provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2031.
The Americas hospital acquired infection testing market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provides compelling insights on the basis of test, modality, sample, and end user, across three main regions.
Fact.MR’s Domain Knowledge on Healthcare
Our healthcare consulting team guides organizations at each step of their business strategy by helping you understand how the latest influencers account for operational and strategic transformation in the healthcare sector. Our expertise in recognizing the challenges and trends impacting the global healthcare industry provides indispensable insights and support - encasing a strategic perspective that helps you identify critical issues and devise appropriate solutions.
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