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The pneumonia testing market size is forecast to increase by USD 807.5 million at a CAGR of 5.69% between 2023 and 2028. The market is driven by the increasing prevalence of pneumonia and the importance of early detection to improve patient outcomes. According to the American Thoracic Society (ATS) and Infectious Diseases Society of America (IDSA), Streptococcus pneumoniae is a leading cause of community-acquired pneumonia. CAP guidelines recommend rapid diagnostic testing for this bacterium to enable the timely initiation of appropriate antibiotic therapy. Companies like Curetis and GE Healthcare are focusing on developing advanced technologies, such as the Unyvero A50 and Thoracic Care Suite, respectively, to address the market need for accurate and rapid pneumonia diagnostics. The growing importance of promotional activities and concerns regarding pneumonia mortality are also fueling market growth.
However, poor healthcare infrastructure in developing economies poses a significant challenge to market expansion. To stay competitive, market players must focus on collaborations, partnerships, and product innovations to cater to the evolving needs of healthcare providers and patients.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product Type
7 Market Segmentation by Method
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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