Pneumonia is an infection that affects either one or both lungs. Bacteria, fungi, or viruses cause this medical condition. The alveoli sac is filled with fluids or pus, which makes it difficult to breathe. It may be mild or severe as life-threatening, it causes chest pain, lower body temperature than normal are some symptoms and signs of pneumonia.
MARKET SCOPE
The "Global Pneumonia Testing Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the pneumonia testing market with detailed market segmentation by method, technology, type, end user, and geography. The report provides key statistics on the market status of the leading pneumonia testing market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- On the basis of method, the market is segmented into immunodiagnostics, molecular diagnostics, and point of care (POC) testing.
- Based on technology, the market is bifurcated into Enzyme-linked Immunosorbent Assay (ELISA), Immunofluorescence, Western Blot, Polymerase Chain Reaction (PCR), Immunohistochemistry (IHC), and Others.
- Based on type, the market is bifurcated into analyzers and consumables.
- Based on end user, the market is bifurcated into hospitals, diagnostic laboratories, homecare, and others.
MARKET DYNAMICS
Drivers:
- Advancements in Pneumonia Diagnostics.
- Rising Prevalence of Pneumonia.
- Growing Aging Population.
Restraints:
- Limited Capability and Accuracy of Detection.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The pneumonia testing market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the pneumonia testing market in these regions.
IMPACT OF COVID-19 ON PNEUMONIA TESTING MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities. Pneumonia testing market is moderately impacted due to covid-19.
MARKET PLAYERS
The report covers key developments in the pneumonia testing market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from pneumonia testing market are anticipated to lucrative growth opportunities in the future with the rising demand for pneumonia testing in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the pneumonia testing market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Thermo Fisher Scientific Inc.
- Abbott.
- F-Hoffmann la Roche Ltd.
- Hologic Inc.
- bioMerieux SA
- BD
- Bio-Rad Laboratories Inc.
- OpGen.
- Quest Diagnostics Incorporated
- Quidel