The hospital-acquired infection diagnostics market is expanding, according to Markets Insider.
Here are five insights:
1. A growing awareness on HAIs among healthcare employees is spurring growth.
2. Government officials have launched various initiatives about HAI awareness, thereby boosting market growth. Additionally, developing economies with sparse cleanliness and hygiene guidelines fuel the demand for HAI diagnostics.
3. HAIs are deceasing in the U.S., U.K. and Germany, hindering market expansion.
4. In 2016, the market had a $2.57 billion value.
5. Between 2017 and 2023, the market is slated to increase at a 7.5 percent compound annual growth rate, hitting $4.31 billion.
