Opportunity Analysis and Industry Forecast, Pneumonia Testing Market Global Opportunity Analysis and Industry Forecast,

The pneumonia testing market accounted for $932 million in 2016, and is estimated to reach $1,738 million by 2023, registering a CAGR of 9.2% from 2017 to North America is the highest contributor in the pneumonia testing market in 2016; however, Asia-Pacific is expected to witness the highest growth rate during the forecast period. Pneumonia is a type of lung infection caused by bacteria, such as Streptococcus pneumonia, virus, fungi, and parasites. In pneumonia, the air sacs of lungs called as alveoli are filled with fluid or pus that causes inflammation. Recent advancement in pneumonia testing systems such as the development of enhanced nucleic acid detection tests and advancement in POC tests is the major factor that contributes toward the growth of the pneumonia testing market. Moreover, increase in awareness toward early diagnosis and rise in government expenditures on healthcare fuel the market growth. However, limited detection capability & accuracy of some of the pneumonia testing products and regulatory & economic hurdles hamper the market growth. Conversely, surge in adoption of molecular diagnostic testing and high untapped market potential in the developing economies are anticipated to provide lucrative opportunities for the market. Introduction of Pneumonia Testing Market

Scope ofthe Report Key Benefits Key Audiences Introduction of Pneumonia Testing Market

Key Benefits 1.POC testing is projected to grow at the highest rate during the analysis period. 2.Diagnostic laboratories segment generated the highest revenue, and is expected to continue its dominance in future. 3.North America dominated global pneumonia testing market in 2016, and is projected to continue its dominance in future. 4.China is expected to grow highest in the Asia-Pacific region during the forecast period. 5.ELISA was the largest contributor among the technologies segments. Click to Access Full Summary of Pneumonia Testing MarketPneumonia Testing Market

Table of Content (TOC) Chapter: 1 Introduction Chapter: 2 Executive Summary Chapter: 3 Market Overview Chapter: 4 Pneumonia Testing Market, By Method Chapter: 5 Pneumonia Testing Market, By Technology Chapter: 6 Pneumonia Testing Market, By Type Chapter: 8 Pneumonia Testing Market, By Geography Chapter: 9 Company Profiles

Segments Pneumonia Testing Market

Segments Pneumonia Testing Market

Segments Pneumonia Testing Market

Company Profiles Pneumonia Testing Market 1.Abbott Laboratories 2.Becton, Dickinson And Company 3.Biomerieux S.A. 4.Bio-rad Laboratories, Inc. 5.F. Hoffmann-la Roche Ag 6.Hologic, Inc.

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