IMARC Group, a leading market research company, has recently releases report titled “Pneumonia Testing Market Report by Type (Analyzers, Consumables), Method (Immunodiagnostics, Molecular Diagnostics, Point of Care Testing), Technology (Enzyme-linked Immunosorbent Assay, Immunofluorescence, Western Blot, Polymerase Chain Reaction, Immunohistochemistry, and Others), End User (Hospitals, Diagnostic Laboratories, Homecare, and Others), and Region 2024-2032”, Offers a comprehensive analysis of the industry, which comprises insights on the global pneumonia testing market share.
How Big is the Pneumonia Testing Market?
The global pneumonia testing market size reached US$ 1.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 2.8 Billion by 2032, exhibiting a growth rate (CAGR) of 5.1% during 2024-2032.
Industry Overview of Pneumonia Testing
Pneumonia is a respiratory infection caused by bacteria, viruses, or fungi, typically affecting the lower respiratory tract. It spreads through the inhalation of airborne droplets that are released when an infected person sneezes or coughs. It causes inflammation of the air sacs in the lungs, leading to shortness of breath, reduced appetite, and mild fever. Other symptoms of pneumonia include dry cough, headaches, fatigue, chills, and chest pain. At present, pneumonia can be diagnosed by pneumonia testing, including physical examination, medical history review, chest X-ray, blood culture, pulse oximetry, sputum culture, bronchoscopy, and fluid sample analysis across the globe.
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What are the growth prospects and trends in the pneumonia testing industry?
The global pneumonia testing market is primarily driven by the rising use of point of care (POC) testing to detect pneumonia on account of its higher efficiency and rapid and accurate test results. Moreover, the development of immunochromatographic, pneumococcal urinary antigen (UAT), and advanced nucleic acid detection tests is positively influencing the market growth.
Additionally, the rising number of pneumonia tests due to increasing awareness among individuals regarding the benefits of early diagnosis is propelling market growth. Furthermore, the surging adoption of the enzyme-linked immunosorbent assay (ELISA) to detect pneumonia, as it is highly sensitive and easier to conduct, is contributing to market growth.
Other factors, including expanding geriatric population, the rising focus of key players on launching new products, and rapid expansion in the healthcare industry, are also anticipated to drive the market further.
Leading Companies Operating in the Global Pneumonia Testing Industry:
- Abbott Laboratories
- Becton
- Dickinson and Company
- bioMérieux SA
- Bio-Rad Laboratories Inc
- Curetis GmbH (OpGen)
- DiaSorin S.p.A.
- Hologic Inc
- Meridian Bioscience Inc
- Quest Diagnostics Incorporated
- Quidel Corporation
- Roche Holding AG
- Thermo Fisher Scientific Inc.
Pneumonia Testing Market Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Type:
- Analyzers
- Consumables
Breakup by Method:
- Immunodiagnostics
- Molecular Diagnostics
- Point of Care Testing
Breakup by Technology:
- Enzyme-linked Immunosorbent Assay
- Immunofluorescence
- Western Blot
- Polymerase Chain Reaction
- Immunohistochemistry
- Others
Breakup by End User:
- Hospitals
- Diagnostic Laboratories
- Homecare
- Others
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
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