Hospital-Acquired Infection Diagnostics Market Share Analysis of The Top Industry Players, Demand, Growth Opportunities and Country Level Segments
The growing geriatric population, development of technologically advanced products, and increasing demand for hospital-acquired infection (HAI) diagnostics in developing economies are driving the hospital-acquired infection (HAI) diagnostics market. It generated a $2,657.6 million revenue in 2016, and is expected to grow at a 7.6% CAGR during the forecast period (2017–2023). HAIs, also known as nosocomial infections, are caught on during hospitalization at nursing homes, hospitals, outpatient clinics, rehabilitation centers, and other clinical settings. The development of technologically advanced products is one of the key driving factors for the HAI diagnostics market. Advancements in technology have resulted in the development of products that offer low turnaround time and reliable results. This has resulted in the development of molecular diagnostics as a separate niche, which is attracting many companies to invest in it. For instance, the cobas Liat PCR system with four...