Tag: Demand for Hospital Acquired Infection Testing in America

As per Fact.MR – a market research and competitive intelligence provider, the Revenue Share of Americas hospital acquired infection testing was valued at US$ 595 Mn in 2020, and is expected to exhibit a CAGR of around 15% over the forecast period (2021-2031).

Increasing medical tourism is expected to aid the growth of emergency medicine services, including the use of ambulances, ambulatory surgical centers, and hospitals, which, in turn, will create demand for hospital acquired infection testing kits. 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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“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.

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.

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
• 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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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%.

Who is winning?

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.

• Thermo Fisher Scientific
• bioMérieux SA
• Becton Dickinson & Co.
• Abbott
• Danaher
• Quidel Corporation
• BioFire Diagnostics
• Qiagen

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Want more insights?

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.

Key Questions Answered in Report

• Which geographic regions will continue to remain most profitable markets for hospital acquired infection testing?
• Which parameters will bring a change in the demand for hospital acquired infection testing during the forecast period?
• How will changing trends impact the market?
• How will the COVID-19 pandemic impact market growth?
• How can market players capture the low-hanging opportunities in developed regions?
• What are the winning strategies of stakeholders in the hospital acquired infection testing market to upscale their position in this landscape?
• What are the restraints that investors need to be aware of and might tackle while investing in the market?

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Rockville, MD 20852
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Tel: +1 (628) 251-1583

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A latest publication by Fact.MR on the Americas hospital acquired infection testing market evaluates the opportunities and current market landscape, and provides detailed analysis and updates about corresponding sections affecting the market. The study offers detailed insights on key market dynamics, which include the drivers, restraints, trends, and opportunities in the market. The principal aim of the market study is to present exclusive information about how the market will perform during the forecast period of 2021-2031.

The Market survey of Americas Hospital Acquired Infection Testing offers a comprehensive analysis of diverse features, including production capacities analysis of Americas Hospital Acquired Infection Testing, demand, product developments, revenue generation, and Size of Americas Hospital Acquired Infection Testing Market across the globe.

The Demand analysis of Americas Hospital Acquired Infection Testing Market offers a comprehensive analysis of diverse features, demand, product developments, revenue generation, and sales of Americas Hospital Acquired Infection Testing Market across the globe.

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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

• 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

A comprehensive estimate of the Americas Hospital Acquired Infection Testing market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the Sales of Americas Hospital Acquired Infection Testing during the forecast period. Price point comparison by region with the global average price is also considered in the study.

Key stakeholders in Market including industry players, policymakers, and investors in various countries have been continuously realigning their strategies and approaches to implement them in order to tap into new opportunities.

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Some Notable Offerings by Fact.MR Report on Americas Hospital Acquired Infection Testing market:

• We will provide you an analysis of the extent to which this Americas Hospital Acquired Infection Testing market research report acquires commercial characteristics along with examples or instances of information that helps you to understand it better.
• We will also help to identify customary/ standard terms and conditions, as offers, worthiness, warranty, and others.
• Also, this report will help you to identify any trends to forecast growth rates.
• The analyzed report will forecast the general tendency for supply and demand.

Some of the Americas Hospital Acquired Infection Testing Market insights and estimations that make this study unique in approach and effective in guiding stakeholders in understanding the growth dynamics. The study provides:

• Details regarding latest innovations and development in Americas Hospital Acquired Infection Testing and how it is gaining customer traction during the forecast period.
• Analysis about the customer demand of the products and how it is likely to evolve in coming years.
• Latest regulations enforced by government bodies and local agencies and their impact on Demand of Americas Hospital Acquired Infection Testing Market .
• Insights about adoption of new technologies and its influence on the Americas Hospital Acquired Infection Testing market Size.
• Overview of the impact of COVID-19 on Americas Hospital Acquired Infection Testing Market and economic disruptions caused by the pandemic.
• Evaluates post-pandemic impact on the Sales of Americas Hospital Acquired Infection Testing Market during the forecast period.

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After reading the Market insights of Americas Hospital Acquired Infection Testing Report, readers can:

• Understand the drivers, restraints, opportunities and trends affecting the Sales of market.
• Analyze key regions holding significant share of total Americas Hospital Acquired Infection Testing market revenue.
• Study the growth outlook of Americas Hospital Acquired Infection Testing market scenario, including production, consumption, history and forecast.
• Learn consumption pattern and impact of each end use & supply side analysis of Americas Hospital Acquired Infection Testing market.
• Investigate the recent R&D projects performed by each market player & competitive analysis of Americas Hospital Acquired Infection Testing Market Players.

What are the Key Opportunities for Hospital Acquired Infection Testing Kit Manufacturers?

Medical tourism in Latin American countries provides and array of opportunities for the growth of hospital acquired infection testing industry. Leading destinations industry include Mexico, Costa Rica, Brazil, and the Domination Republic, as these countries offer a range of healthcare services at affordable prices as compared to developed economies.

Increasing medical tourism is expected to aid the growth of emergency medicine services, including the use of ambulances, ambulatory surgical centers, and hospitals, which, in turn, will create demand for hospital acquired infection testing kits.

What is Restraining Demand for Hospital Acquired Infection Testing in the Americas?

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.

Moreover, tightening of regulatory grip of the FDA on certain home-grown diagnostic kits further threatens to put a stranglehold on the development and implementation of innovative diagnostics by clinical laboratories in the U.S.

Thus, stringent regulatory guidelines are expected to restrain the growth of the HAIs testing market over the coming years.

How Fact.MR Assists in Making Strategic Moves For Americas Hospital Acquired Infection Testing Market Manufacturer?

• The data provided in the Americas Hospital Acquired Infection Testing market report offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.
• The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.

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About Fact.MR

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.

Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
Visit Our Website: https://www.factmr.com

As per a new report published by Fact.MR – a market research and competitive intelligence provider, the market for medical laser systems is poised to surge at a CAGR of around 8.5% and top US$ 7.5 Bn valuation by 2031.

Medical laser systems consist of a wide variety of monochromatic lights with a specific wavelength that have strong emissions and are highly concentrated. The characteristics of laser lights are defined by their power, wavelength, and pulsed or continuous wave operation. Laser lights are best known for laser tissue interaction: photothermal reactions, photochemical reactions, and photoablation.

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“With advancements in laser technology, strides taken by photonics in the past decade, growing number of research activities, and collaborations between medical and research institutes have propelled the demand for medical laser systems,” says a Fact.MR analyst.      

Medical lasers are medical devices that use precisely focused light sources to treat or remove tissues, and are used in medical diagnosis and treatments such as photodynamic therapy, laser-assisted procedures, photomedicine, and light therapy. Medical lasers are used in a broad range of applications such as dermatology, ophthalmology, gynaecology, dentistry, and many more.

Medical lasers can be used for very precise surgical procedures due to their specific wavelength, which is focused in a narrow beam and creates a very high-intensity light. Rising demand for advanced laser-based treatments for eye disorders and increasing use of medical laser treatments for chronic diseases are major factors contributing to growth of the global medical laser systems market.

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Key Segments in Medical Laser Systems Industry Research

• Product

  • Diode Medical Laser Systems
  • Dye Medical Laser Systems
  • Gas Medical Laser Systems
  • Solid State Medical Laser Systems

• Application

  • Aesthetic Medical Lasers
  • Ophthalmic Medical Lasers
  • Surgical Medical Lasers
  • Dental Medical Lasers
  • Diagnostic Medical Lasers

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Key Takeaways from Market Study

• Global medical laser systems market to top US$ 7.5 Bn by 2031.
• Aesthetic lasers projected to reach around US$ 3.5 Bn by 2031.
• Ophthalmic lasers projected to record around 5% CAGR over the next 10 years.
• Market in Japan to record 4% CAGR over the forecast period of 2021- 2031.
• China forecast to reach a projected market size above US$ 2 Bn by 2031.
• Market in Canada projected to expand at above 6% CAGR over the next 10 years.

Market Competition

Top companies are adopting several organic and inorganic strategies to strengthen their position in the market. Most are focusing on expanding their production facilities and acquiring other businesses.

A great deal of investments is being made towards R&D projects aiming at developing innovative and advanced medical laser systems. This will further create growth opportunities for market players over the coming years.

• In 2018, Alcon Inc. launched software and hardware enhancements to the WaveLight Refractive Suite. These new software updates enhance the graphical user interface of the Suite’s WaveNet Planning Station, EX500 Excimer Laser, and the FS200 Femtosecond Laser.

Key Companies Profiled

• Biolase Inc.
• Bausch & Lomb Holdings
• Cardiogenesis Corporation, Inc.
• Lumenis Ltd.
• IRIDEX Corp.
• Novadaq Technologies, Inc.
• Photomedex, Inc.
• Spectranetics Corporation
• Syneron-Candela
• Alcon Laboratories, Inc.

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More Insights Available

Fact.MR, in its new offering, presents an unbiased analysis of the medical laser systems market, presenting historical demand data (2016-2020) and forecast statistics for the period of 2021-2031.

The study divulges essential insights on the market on the basis of product (diode laser systems, dye laser systems, gas laser systems, and solid state laser systems) and application (aesthetic lasers, ophthalmic lasers, surgical lasers, dental lasers, and diagnostics lasers), across seven major regions of the world (North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East & Africa).

About Fact.MR

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in the US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have in our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.

Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
E: sales@factmr.com
Website: https://www.factmr.com