Hospital Acquired Infections (HAI) Diagnostics Market Top Companies, Trends, Growth Factors and Forecast to 2027

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Hospital Acquired Infections (HAI) Diagnostics Market Size – USD 3.20 Billion in 2019, Market Growth - CAGR of 7.4%, Market Trends – Increase in HAIs during COVID-19.

The global Hospital Acquired Infections (HAI) Diagnostics market is forecast to reach USD 5.68 Billion by 2027, according to a new report by Reports and Data. The market is growing due to the rise in the number of HAIs or hospital-acquired infections, and growth in the incidence of contagious virus-related diseases. The technological advancement and increasing awareness among the public have led to an increase in the number of surgical operations, which in turn is augmenting the demand for the industry.

Immediate diagnosis of infectious disease is the present need of the time due to evolving pathogens and increasing the occurrence rate of hospital-acquired infections. The government of various nations has been emphasizing on rapid diagnosis of infectious disease as a strategic priority like in the U.S. The global COVID-19 pandemic is another mentionable crucial factor that is boosting the demand for laboratory-based molecular testing capacity and reagents.

However, one of the mentionable challenges for the growth of the market players amidst this epidemic is supply chain management. As an instance, in China, when the pandemic reached the zenith, the transportation was to a halt that resulted in breaking the supply chain. The main reason for such disruption is not because companies are not manufacturing, but it was because the mobility of comments from one part of the nation to another was becoming a challenge. Thus, such disruption in the supply chain may hinder the growth of the market.

The Covid-19 Impact

One of the major impacts of COVID-19 on the market has been elevated demand for point-of-care immunodiagnostic tests. The development of these easy-to-use and rapid devices to support testing outside of laboratory settings has been a response of diagnostic test manufacturers to shortages of laboratory-based molecular testing capacity. These test kits are developed by manufacturers based either on detection, in serum or blood of antibodies caused due to the infection or identification of proteins from the coronavirus in respiratory samples. WHO supports the use of these point-of-care immunodiagnostic tests in research settings.

In-depth Study of the Competitive Landscape:

The global Hospital Acquired Infections (HAI) Diagnostics market consists of various market players, which make this business sphere highly competitive. In this section of the report, the authors have provided authentic information on product portfolios, new product innovations, technological capabilities, and product pricing strategies of each of these players. Moreover, it discusses the key strategies implemented by these players, such as mergers acquisitions, joint ventures, collaborations, partnerships and agreements, to build on their market presence.

Top companies profiled in the report include:

Abbott Laboratories, Roche AG, bioMérieux, Alere, Inc., Becton Dickenson, Siemens Healthcare, Thermo Fisher Scientific, Cepheid Inc., Qiagen, and Seegene, Inc., among others.

Key Market Regions Covered in the Report:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • The Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Product Outlook (Revenue, USD Billion; 2017-2027)

  • Consumables
  • Instruments and Reagents

Test Type Outlook (Revenue, USD Billion; 2017-2027)

  • Urinalysis
  • Molecular Diagnostic
  • Immunoassay

Application Outlook (Revenue, USD Billion; 2017-2027)

  • Drug Resistance Testing
  • Disease Testing

Infection Type Outlook (Revenue, USD Billion; 2017-2027)

  • Bloodstream Infections
  • Gastrointestinal Infections
  • Hospital-Acquired Pneumonia
  • Surgical Site Infections
  • Urinary Tract Infections (UTI)
  • Others

End Users Outlook (Revenue, USD Billion; 2017-2027)

  • Clinics
  • Hospitals
  • Ambulatory Surgery Centers (ASC)
  • Others

Frequently asked questions addressed in the report:

  • What is the revenue growth rate of the global Hospital Acquired Infections (HAI) Diagnostics market over the forecast period?
  • What are the major factors driving the growth of the Global Hospital Acquired Infections (HAI) Diagnostics Market?
  • What are the key challenges impacting the global Hospital Acquired Infections (HAI) Diagnostics market growth?
  • What are the outcomes of the SWOT Analysis and Porter’s Five Forces Analysis conducted in the report?

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