What's driving the Surgical Site Infection Market Growth? | Key Players are Stryker, Medtronic, Prescient Surgical, Covalon Technologies Ltd., Surgical Site Infection Prevention LLC, HARTMANN GROUP

Global surgical site infection market is forecasted to reach $5.9 billion by 2023. The market growth can be attributed to the development of technologically advanced products and growing geriatric population. Furthermore, increasing number of surgical procedures and rising incidence of SSIs are boosting the market growth.

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Antibiotic prophylaxis products generated the largest revenue in the surgical site infection market in 2017. In most cases, patients’ sensitivity to certain drugs creates the need for specific antibiotics, which, in turn, adds to the treatment cost. Owing to this factor, antibiotic prophylaxis products continue to be in high demand in the market. However, the fastest growth in the market during the forecast period is expected from the antiseptic and disinfectant product category, with a CAGR of 7.4%.

Hospitals have been contributing the largest revenue to the surgical site infection market, owing to increase in the number of surgeries and a significant increase in the number of hospitals on a global level, which is further leading to the increased use of products that help prevent surgical site infections.

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In order to increase their market share, key players of the surgical site infection industry are entering into partnerships. For instance, in January 2018, Mölnlycke Health Care AB entered into a partnership with Tissue Analytics, a developer of digital wound-imaging platforms. With this partnership, both the companies intend to jointly develop and commercialize innovative digital solutions (such as comprehensive clinical decision support tools) for wound care professionals.

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Some of the other key players operating in the surgical site infection market:
1- Stryker
2- Prescient Surgical
3- Covalon Technologies Ltd.
4- Surgical Site Infection Prevention LLC
5- HARTMANN GROUP
6- 3M Company
7- Medtronic
8- STERIS plc

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This release was published on openPR.