The Asia-Pacific hospital-acquired infection diagnostics market accounted for $418.937 million in 2019, and is expected to reach $780.882 million by 2027, registering a CAGR of 7.5% from 2020 to 2027.The majority of HAI are caused by bacteria already present in the patient’s body prior to the infection, and may lead to cross-transmission between patients or between patients and healthcare professionals. The environment in a healthcare facility can also be a source of infection, with microorganism spread through air, water or surfaces.
Patients in health facilities are more vulnerable than the general population due to underlying illness, greater fragility (such as for premature babies, the elderly, and immunocompromised patients), and exposure to invasive medical procedures. However, the increase in healthcare cost and prevalence of antibiotic resistant infections impedes the market growth. Hospital-acquired infections (HAIs) are the infections caused by bacterial, viral, and fungal pathogens.
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These infections can be acquired in clinical settings, such as nursing home, rehabilitation facility, outpatient clinic, or other clinical settings. They can either be acquired from an infected patient, outside environment, or from the staff of that facility. The market is primarily driven by the increase in incidences of infections caused in clinical settings, especially in developing economies owing to their poor hygiene facilities. Other factors contributing to infectious disease in hospitals include patients with contagious illnesses and patient exposure to infectious bodily fluids and other medical waste. Furthermore, routine medical procedures, such as surgery, intubation and catheter placement, can allow infectious agents to enter the body. Hence, boost the Asia-Pacific hospital-acquired infection diagnostics market growth.
Country wise, the market is analyzed across India, Nepal, Bhutan, Bangladesh, Maldives, Sri Lanka, Myanmar, and Rest of Asia-Pacific. India accounted for the largest market share in 2019, and is expected to retain its dominance throughout the forecast period. This is attributed to the factors such as increase in prevalence of nosocomial infections, such as surgical site infections and blood stream infections. According to Indian Journal of Basic and Applied Medical Research, India reported an overall growth rate for hospital acquired infections of 4.4% after conducting a research on 10,835 patients in various clinical settings. Furthermore, Sri Lanka and Myanmar is anticipated to expand at a significant CAGR of 8.3% during the forecast period, owing to expeditiously improving healthcare systems and rise in healthcare expenditure and awareness regarding hospital-acquired infections.
The market is segmented on the basis of product, test type, infection type, end user, and country. By product, the market is bifurcated into instrument and reagents & consumables. By test type, the market is classified into molecular diagnostics, urinalysis, and immunoassay. By infection type, it is classified into hospital acquired pneumonia, bloodstream infections, surgical site infections, gastrointestinal Infections, urinary tract infections (UTI), and others.
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KEY BENEFITS FOR STAKEHOLDERS
– The study provides an in-depth analysis of the market along with the current trends and future estimations to elucidate the imminent investment pockets.
– It offers a quantitative analysis from 2019 to 2027, which is expected to enable stakeholders to capitalize on prevailing market opportunities.
– The key market players and their strategies have been analyzed to understand the competitive outlook of the market.
LIST OF KEY PLAYERS PROFILED IN THE REPORT
– Abbott Laboratories
– AstraZeneca
– BECTON, DICKINSON AND COMPANY
– BIOMERIEUX SA
– Cepheid
– Daiichi Sankyo Co., Ltd.
– F. Hoffmann-LA Roche Ltd.
– Hologic, Inc.
– NG Biotech
– Siemens
KEY MARKET SEGMENTS
By Product type
– Instrument
– Consumables & Reagents
By Test Type
– Molecular Diagnostics
– Urinalysis
– Immunoassay
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By Infection Type
– Hospital Acquired Pneumonia
– Bloodstream Infections
o Carbapenem Resistant Enterobacteriaceae
o Others
– Surgical Site Infections
o Methicillin Resistant Staphylococcus
o Others
– Gastrointestinal Infections
o Clostridium Difficile
o Others
– Urinary Tract Infections (UTI)
– Others
By End User
– Hospitals
– Clinics
– Others
By Country
– India
– Nepal
– Bhutan
– Bangladesh
– Maldives
– Sri Lanka
– Myanmar
– Rest of Asia Pacific
Table of Contents:
- Introduction and Scope
- Definition and Forecast Parameters
- Methodology and Forecast Parameters
- Information Sources
- Latest Trends Summary
- Regional Trends
- Product Trends
- End-Use Trends
- Business Trends
- Industry Insights
- Industry Fragmentation
- Industry Landscape
- Vendor Matrix
- Technological and Innovative Landscape
- Market by Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
- Company Profiles
- Company Overview
- Financial Elements
- Product Landscape
- SWOT Analysis
- Systematic Outlook
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