Pneumococcal outbreak is the main source of mortality amid newborn children aging below 5 years. Alarmed by the situation, the UNICEF and WHO have propelled immunization programs, in addition to awareness campaigns for pneumonia all over continents. Governments are likewise assuming an instrumental job by progressively putting resources into advancement of novel preventive and treatment medications, and enhanced pneumonia diagnostic advances. These trends will measurably influence market  for pneumococcal testing throughout the decade ahead. According to the new FMI research, the worldwide implementation of pneumococcal testing will increase around thrice more than 2020-2030.

Key Takeaways of Market Research

POCT (Point of care testing) stays the favor testing methos, reflecting around two-fifth of overall market revenue. This is projected to increasing requirement to offer outcomes in real time which assists physicians make modified decisions in treatment of ailments. Additionally, POCT is helpful as medical care shifts concentration on anticipation, early detection, and managing chronic and acute conditions.

Download Sample Copy@

Analyzers capture a foremost value share in market and would keep up the trend all through the assessment period.

Hospitals hold more than half of total market value, given accessibility of skilled personnel and pneumococcal testing for better clinical management of several ailments across various medical domains.

ELISA (Enzyme linked immunosorbent assay) holds foremost revenue share, due to its specificity and high sensitivity, and easier to carry out in contrast to other methods utilized for the discovery of body substances.

Europe and North America jointly add more than 70% of market share in the market, with the former anticipated to expand at a 12% CAGR amid the assessment period.

Expanding pneumococcal diseases prevalence, latest progressions in pneumococcal diagnostics and government aid for quality healthcare is fueling the North America market.

Diagnostic tests have the prospects to enhance patient care while the results are accessible to clinicians in a significant time frame. Additionally, they are majorly reliable to authority pathogen-directed treatment decisions, as well as offer imperative epidemiologic information.

POCT – The Next Normal for VAP Diagnosis

Ventilator- associated pneumonia (VAP) analysis is difficult; whereas ordinary culture-specific microbiological strategies are viewed as the regular methodology, they are delayed to allow clinicians to improve visualization with on-time antimicrobial treatment change. POCT (Point-of-care testing) instruments are utilized at or close to the bedside, with delays arraying from a couple of minutes to a couple of hours. Implementation of POCTs for VAP takes into account faster analysis and antimicrobial treatment modifications. In-time analysis leads to successful treatment, which, thus, enhance clinical result essentially, particularly in ICU settings. Moreover, POCT equipments allow lower volumes of blood test to procure comparative results.

Request the coronavirus impact analysis across industries and markets

POCT gives real-time results aiding doctors settle on exact and better choices in disease treatment. As the healthcare sector forcefully advances toward prevention, and early identification, POCT would pick up inclination in overseeing chronic and acute ailements. Progressing R&D endeavors and advancements in corresponding technologies will additionally stay entrance on-ramp to new POC in vitro diagnostic (IVD) assays in the approaching term. Molecular diagnostic testing has moved toward a more extensive syndromic screening approach, inferable from advancements that empower the identification of more than one analyte at the same time. FMI discovers that, both the testing techniques are showing almost indistinguishable development rate every year.

Potential impact of COVID-19 across industries

About Us

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.

Contact Us

Mr. Abhishek Budholiya
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
T (UK): + 44 (0) 20 7692 8790
Press Office:
Blog: Market Research Blog

Leave a comment

Your email address will not be published. Required fields are marked *