Industry Background:
Pneumonia is an infectious disease caused by various mediators like bacteria, virus or fungal infections in the lungs. In this disease, there is inflammation of lungs due to the filling of alveoli sacs with fluid (alveoli sacs are the basic and functional unit of lungs). The diagnosis of pneumonia depends on the type of pneumonia occurred and depending on severity. The diagnostic test done mainly by using different technologies. Diagnostic methods are an essential part of the treatment as the direction of treatment is decided by the diagnostic results. Pneumonia is one of the major infectious diseases responsible for significant Deaths and mortality throughout the world.This growth is primarily driven by Increasing No Of Patients Related to Pneumonia
.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Volume Unit | N |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Health Care Facilities sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Abbott Laboratories (United States), Enzo Biochem (United States), Beckman Coulter/Danaher (United States), Becton Dickinson (United States), BioMerieux (France), Bio-Rad (United States), Cepheid (United States), Diamedix (United States), DiaSorin (Italy) and Eiken Chemical (Japan), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In October 2019 Siemens Healthineer AG completed the acquisition 100% of Corindus vascular robotics. Prior to the closing of the acquisition, Corindus held a shareholders’ meeting on October 25, 2019, at which 87.5 percent of their stockholders approved the acquisition. The relevant governmental authorities previously granted the approvals required to complete the acquisition.
In November 2018 BioMerieux announced that food and drug administration clearance BIOFIRE FILMARRAY Pneumonia Panel and the CE mark of the Biofire Filmarray Pnuemonial panel plus. The BIOFIRE FILMARRAY Pneumonia Panels aid in the diagnosis of lower respiratory tract infections.The changing lifestyle, as well as sudden changes in climates, is the reason for spreading infectious diseases which may spread pneumonia. Effective diagnostic kits for such infectious diseases are important for deciding the direction for treatment and speedy recovery. The companies, therefore, are relying more on technological benefits and accurate results in their product. Also they keeping the option of merger and acquisition to earn more profit and to catch the market and lead the market for a long period.
Regulatory Insights:
FDA regulates devices, including in vitro diagnostic devices (IVDs), by classifying devices based on the degree of regulation necessary to provide a reasonable assurance of their safety and effectiveness.
Influencing Trend:
Method of Chest Radiography And High-Resolution Computed Tomography(HRCT) are Highly Recommended
Market Growth Drivers:
Increasing No Of Patients Related to Pneumonia and Growing No Of Cases In Under-Developed Countries
Challenges:
Differentiating Viruses Is Becoming Difficult Due To New Emerging Viruses and Changing in Lifestyle Causing Viral
Restraints:
Low Accuracy Of Tests and Ignored Silent Pneumonia (Walking Pneumonia) During Test
Opportunities:
Different Organisations Taking Initiative To Prevent Pneumonia and WHO Initiated Global Action Plan For The Prevention And Control Of Pneumonia (GAPP)
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Pneumonia Diagnostic Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Pneumonia Diagnostic Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Pneumonia Diagnostic players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Pneumonia Diagnostic Study Sheds Light on
The Pneumonia Diagnostic Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Pneumonia Diagnostic industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Pneumonia Diagnostic industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.