Pneumococcal Testing Market is predicted to value over USD xx billion by 2027 end with a CAGR of over xx% during the forecast period 2020 to 2027.

There has been a substantial rise in the number of pneumococcal testing across the world with the current COVID-19 pandemic. Rising emphasis on molecular diagnostics for detecting respiratory pathogens has resulted in the pneumococcal testing market growth to a substantial level. Furthermore, this testing has gained clinical importance with respect to the ability of demonstrating high analytical specificity and sensitivity along with the capability of processing multiple respiratory specimens. The point of care testing is generally preferred as the conventional testing technique. This can be credited to the increased necessity to offer real-time results that aid the physicians to make correct decisions in the disease treatment. Furthermore, these tests are used for medical care has shifted focus on early detection, prevention and managing chronic conditions. 

Pneumococcal Testing Market

Market Segmentation:

By Method 
•    Immunodiagnostics
•    Molecular Diagnostics 
•    Point of Care Testing
By Technology
•    Enzyme Linked Immunosorbent Assay   
•    Immunofluorescence
•    Western Blot
•    Polymerase Chain Reaction 
•    Immunohistochemistry
•    Others
By End User
•    Hospitals 
•    Homecare
•    Diagnostic Laboratories
•    Others
By Region 
•    North America
•    Europe
•    Asia-Pacific
•    Latin America
•    Middle East and Africa

The market is categorised into method, technology, end user and region. The method segment is fragmented into immunodiagnostics, molecular diagnostics and point of care diagnostics. The point of care testing market held the largest pneumococcal testing market share during the forecast period as this method can test multiple samples at once which provides efficient workflow for healthcare organizations. The technology segment is bifurcated into enzyme linked immunohistochemistry, immunofluorescence, polymerase chain reaction, western block and others. The end user segment is classified into hospital, diagnostic laboratories, homecare and others. The hospital segment is anticipated to lead the market owing to a rise in the number of patients diagnosed with pneumococcal symptoms with the ongoing COVID-19 pandemic.

Regional Analysis:

The North America region is predicted to dominate the market during the forecast period owing to a strong presence of key market players in the region, growing investments for research and development in pneumococcal testing methodologies. The Asia Pacific region, on the other hand, is expected to lead the market owing to increased demand for these tests with the rising geriatric population in countries like Japan, China.

Competitive Landscape:                            

Some of the prominent players of the market are Thermo Fisher Scientific Inc., Abbott Laboratories, F-Hoffmann la Roche Ltd., Hologic Inc., bioMerieux, Becton Dickenson and Company, Bio-Rad Laboratories Inc., Meridian Biosciences, Quest Diagnostics, Quidel.

FutureWise Key Takeaways:

•    Growth prospects
•    SWOT analysis 
•    Key market trends 
•    Key data-points affecting market growth

Objectives of the Study:

•    To provide with an exhaustive analysis on the global pneumococcal testing market by method, by technology, by end user and by region
•    To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
•    To evaluate and forecast micro-markets and the overall market 
•    To predict the market size, in key regions (along with countries)— North America, Europe, Asia Pacific, Latin America and Middle East and Africa
•    To record, evaluate and analyze competitive landscape mapping- product launches, technological advancements, mergers and expansions

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•    We have a flexible delivery model and you can suggest changes in the scope/table of content as per your requirement
•    The customization Mobility Care offered are free of charge with purchase of any license of the report
•    You can directly share your requirements/changes to the current table of content to: sales@futurewiseresearch.com


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What's included

  • Consumer Perception and Procurement

  • Competitive Analysis

  • What’s Next

  • Market Data Forecast

  • Risks and Opportunity Assessment

  • Market Trends and Dynamics