Title: Pneumococcal Vaccines Market
1Pneumococcal Vaccines Market
Report Id REP-GB-7078 Published On
2018-07-19 Category Healthcare,
Pharmaceuticals Medical Devices
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4Pneumococcal Vaccines Market Analysis
- Enhanced focus on accuracy and reliability of
pneumococcal testing continues to shape the
market. As reliability of diagnostic tests remain
the backbone of pathogen-directed treatment,
increased emphasis on enhanced patient care is
driving the growth of pneumococcal testing
market. Proliferation of diagnostic tests in both
developing and developed economies is the growth
engine of pneumococcal testing market, according
to a new study of Future Market Insights (FMI).
The study finds that global pneumococcal testing
market surpassed a billion-dollar revenues in
2019. Prolific demand for analyzers is
stimulating market growth, with consumables
closing in. Moreover, immunofluorescence is
gaining paramount importance in pneumococcal
testing market. - "Notable players must divert substantial
pecuniary resources towards their key forte i.e.
research and development along with strategic
acquisitions for robust competitive position in
pneumococcal testing market," concludes the FMI
report. - Request report sample with 200 pages to gain
in-depth market insights at https//www.futuremark
etinsights.com/reports/sample/rep-gb-11289 - Pneumococcal Testing Market - Key Takeaways
- Owing to real-time diagnostic features, Point of
Care (POC) testing is gaining popularity in
recent years. - Greater availability of skilled personnel and
pneumococcal testing kits is driving the adoption
in hospitals and clinics, the prominent end-use
area. - High specificity and sensitivity of Enzyme Linked
Immunosorbent Assay (ELISA) is fuelling its usage
among consumers across the globe. - Majority of gains in pneumococcal testing market
will be concentrated in Europe and North America,
collectively accounting for 50 revenue share.
5Pneumococcal Vaccines Market Analysis
- Pneumococcal Testing Market - Key Driving Factors
- Greater prevelance of diseases such as
meningitis, bacteremia, and pneumonia is
augmenting the demand for pneumococcal testing. - Higher case-fatality rate in geriatric population
is supporting the growth of pneumococcal testing
market. - Technological advancements in Nucleic Acid
Detection Tests (NATs) for timely detection of
pathogens has augured well for market. - Introduction of molecular diagnostic testing in
developing countries is complementing regional
market growth. - Pneumococcal Testing Market - Key Restraints
- Global pneumococcal testing market is
consolidated by top three players, making it
difficult for emerging players to expand their
market share. - Diversion of leading players towards developing
and testing COVID-19 test kits are limiting the
market growth. - Impact of COVID-19 on Pneumococcal Testing Market
- The global pneumococcal testing market is
projected to expand on the back of ongoing
COVID-19 pandemic. Being one of the leading
causes of mortality among children, pneumococcal
testing is necessary for identifying the
vulnerable groups during the widespread outbreak.
Moreover, immunization programs, led by WHO and
UNICEF are propelling the demand for pneumococcal
testing. However, the market may witness a brief
slowdown as leading pharmaceutical companies,
vaccine developers, and research institutes are
currently focused on creating a vaccine for
COVID-19. The market will regain its pace once
the pandemic begins to recede.
6Pneumococcal Vaccines Market Analysis
Competition Analysis Some of the prominent
companies in global pneumococcal testing market
that are profiled in this FMI report include, but
are not limited to, Abbott Laboratories,
F-Hoffman la Roche Ltd, and Thermo Fisher
Scientific Inc. Established players continue to
do extensive research and development to offer
more accurate testing. Prevention and timely
detection will be the new fundamentals of future
healthcare systems. Hence, all major strategies
of industry leaders will be aligned towards that
principle. Moreover, key companies will channel
substantial resources towards syndromic screening
approach, and point of care infection control.
Strategic acquisition remains key collaborative
approach of market leaders as well. For instance,
Thermo Fisher Scientific Inc. acquired QIAGEN
N.V. in March 2020 which strengthened RD
expertise and industry-leading capabilities of
both companies. Explore the global pneumococcal
testing market report with 218 illustrative
figures, 52 data tables and the table of
contents. Request ToC of the report
at https//www.futuremarketinsights.com/askus/rep-
gb-11289 More About the Report The FMI's market
research report of 287 pages offers comprehensive
insights on pneumococcal testing market. The
market is analyzed on the basis of method
(immunodiagnostics, molecular diagnostic, and
point of care testing), technology
(immunofluorescence, enzyme linked immunosorbent
assay, western blot test, nucleic acid sequence
based amplification, immunohistochemistry, and
polymerase chain reaction), product type
(consumables, analyzers), and end users
(hospitals, ambulatory surgical centers, and
clinics) across seven regions (North America,
Latin America, Europe, South Asia, East Asia,
Oceania, Middle East Africa).
7Pneumococcal Vaccines Market Analysis
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8Pneumococcal Vaccines Market Analysis
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Market,you can request a report sample with full
TOC
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