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Hospital Acquired Infections Testing Kits Market: Accelerating Growth and New Trends Forecast with Key Players Detailed Overview
Riding on an impressive CAGR, the Hospital Acquired Infections Testing Kits market is poised for strategic growth shifts and advancements.What Is The Projected Market Size Of The Hospital Acquired Infections Testing Kits Market And Its Growth Rate?
• From $4.54 billion in 2024, it will grow to $4.83 billion in 2025 at a CAGR of 6.4%.
• The market is projected to continue growing strongly in the future, with estimations of it reaching $6.78 billion in 2029 at a CAGR of 8.8%.
• Growth in both the historic and forecast periods is attributed to increased hospital-acquired infections, aging population, and increased numbers of surgeries.
What Is Driving The Growth in the Hospital Acquired Infections Testing Kits Market?
The rise in hospital-acquired infections plays a crucial role in the Hospital Acquired Infections Testing Kits Market growth. These are diseases acquired in hospitals and medical clinics affecting inpatients and outpatients alike. A report by the Center for Disease Control and Prevention highlights that around 1.7 million people in the USA acquire these infections while being admitted for other health issues, contributing to the deaths of over 98,000 people. The increasing incidents of such infections enhance the demand in this market.
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Who Are the Key Players Driving Hospital Acquired Infections Testing Kits Market Growth?
• Becton, Dickinson and Company
• Abbott Laboratories
• Cepheid
• F. Hoffmann-La Roche Ltd
• Hologic, Inc
• STERIS plc
• QIAGEN
• Meridian Bioscience Inc.
• BioMérieux SA
• Metall Zug (Belimed Group)
What Are The Key Trends in the Hospital Acquired Infections Testing Kits Market?
• Collaborations with artificial intelligence companies
• Leveraging aid from government
• Incorporating big data into market analysis
• Partnering with other players in the market
What Are The Segments Of The Global Hospital Acquired Infections Testing Kits Market?
• Product: Consumables And Reagents, Instruments
• Test Type: Pneumonia Infection, Urinary Track Infection, Blood Stream Associated Infection, Surgical Site Infection, MRSA infection, Others
• Pathogen Type: Viral, Bacterial, Fungal
• Application: Drug Resistance Testing, Disease Testing
Which Region Leads The Hospital Acquired Infections Testing Kits Market?
In 2024, North America held the largest market share in the Hospital-Acquired Infections Testing Kits market. In the second place was Western Europe. The markets covered in this report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Hospital Acquired Infections Testing Kits Market Global Market Report?
- Market Size Analysis: Analyze the Hospital Acquired Infections Testing Kits Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Hospital Acquired Infections Testing Kits Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Hospital Acquired Infections Testing Kits Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Hospital Acquired Infections Testing Kits Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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