About Pneumonia Testing
Pneumonia is an infection that lowers the respiratory which is caused by bacteria, viruses, and fungi. Increasing the occurrence of pneumonia highly effect on children. According to the Centres for Disease Control and Prevention revealed that there are more than one million children and adults are affected by pneumonia in the United States regions every year. And around more than 2.5 million people have died from pneumonia across the globe. Because of this rising occurrence of pneumonia cases across the globe, the healthcare provider is highly focusing on technology advancement. For instance, such as with the help of Amazon Web Services the health care providers are using artificial intelligence in the clinical research study in the detection of pneumonia associated with plain COVID-19. In the current market situation novel coronavirus pneumonia.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | North America |
Unit | Value (USD Million) |
The global Pneumonia Testing market is Strongly competitive. The major players are operating in this market are highly focusing more on R&D activities to develop new testing products for coronavirus pneumonia. Original applications are developed by market players to strengthen their geographical presence. The market major players are exploring the market by adopting various business growth strategies including mergers & acquisitions, expansions, investments, new product launches. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Pneumonia Testing market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Thermo Fisher Scientific (United States), Abbott Laboratories (United States), F-Hoffmann la Roche (Switzerland), Hologic (United States), bioMerieux (France), Becton Dickinson (United States), Bio-Rad Laboratories (United States), Meridian Biosciences (United States), Quest Diagnostics (United States) and Quidel (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are AdvanDx (United States), Beckman Coulter (United States) and Cepheid (United States).
Segmentation Overview
AMA Research has segmented the market of Global Pneumonia Testing market by , Application (Hospitals, Diagnostic Laboratories, Homecare and Others) and Region.
On the basis of geography, the market of Pneumonia Testing has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Asia Pacific region held largest market share in the year 2023. If we see Market by Technology, the sub-segment i.e. Enzyme Linked Immunosorbent Assay will boost the Pneumonia Testing market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channels, the sub-segment i.e. Direct Sales will boost the Pneumonia Testing market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Method, the sub-segment i.e. Immunodiagnostics will boost the Pneumonia Testing market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Testing, the sub-segment i.e. Non-laboratory Tests {Radiography, Computed Tomography, Bronchoscopy, Others} will boost the Pneumonia Testing market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Advancement in Nucleic Acid Detection Tests and Along with the Development in POC Testing Products and Growing Number of Government Funding for Research & Development of Coronavirus Testing Kits
Market Growth Drivers:
Rising Occurrence of Pneumonia Across the Globe, and it is Becoming One of the Major Factors Behind the Death in Children Across the Globe
Challenges:
High Cost Associated with Pneumonia Testing
Restraints:
Lack of Testing Centres and Labs in Under Developing Countries and Huge Gap in Supply Chain in Developing Regions
Opportunities:
The increasing ratio of diagnostic tests in the developing regions including India and Africa. Furthermore, the rise in the adoption of molecular diagnostic testing in the developing economies is anticipated to deliver new revenues from the growth of the pneumonia testing market in the future.
Market Leaders and their expansionary development strategies
In May 2023, the U.S. Food and Drug Administration approved Xacduro (sulbactam for injection; durlobactam for injection), a new treatment for hospital-acquired bacterial pneumonia (HABP) and ventilator-associated bacterial pneumonia (VABP) caused by susceptible strains of bacteria called Acinetobacter baumannii-calcoaceticus complex, for patients 18 years of age and older.
In Mar 2020, Astrotech Corporation revealed that it is developing a screening test known as BreathTest-1000, which is now under development. This test is designed to screen for volatile organic compound metabolites in human’s breath those who have infection known as COVID-19, pneumonia. Through this, the Company aims to combine the detection of COVID-19 along with pneumonia into the BreathTest-1000 instrument to deliver an immediate screening test for symptoms for COVID-19 or pneumonia.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Pneumonia Testing Devices Manufacturers, Suppliers and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.