Pneumonia Testing Market SWOT Analysis by 2031
Pneumonia is an infection that affects either one or both lungs. Bacteria, fungi, or viruses cause this medical condition. The alveoli sac is filled with fluids or pus, which makes it difficult to breathe. It may be mild or severe as life-threatening, it causes chest pain, lower body temperature than normal are some symptoms and signs of pneumonia.
MARKET SCOPE
The "Global Pneumonia Testing Market Analysis to 2031" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the pneumonia testing market with detailed market segmentation by method, technology, type, end user, and geography. The report provides key statistics on the market status of the leading pneumonia testing market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- On the basis of method, the market is segmented into immunodiagnostics, molecular diagnostics, and point of care (POC) testing.
- Based on technology, the market is bifurcated into Enzyme-linked Immunosorbent Assay (ELISA), Immunofluorescence, Western Blot, Polymerase Chain Reaction (PCR), Immunohistochemistry (IHC), and Others.
- Based on type, the market is bifurcated into analyzers and consumables.
- Based on end user, the market is bifurcated into hospitals, diagnostic laboratories, homecare, and others.
MARKET DYNAMICS
Drivers:
- Advancements in Pneumonia Diagnostics.
- Rising Prevalence of Pneumonia.
- Growing Aging Population.
Restraints:
- Limited Capability and Accuracy of Detection.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The pneumonia testing market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the pneumonia testing market in these regions.
IMPACT OF COVID-19 ON PNEUMONIA TESTING MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities. Pneumonia testing market is moderately impacted due to covid-19.
Have a question?
Mrinal
Mrinal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The pneumonia testing market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the pneumonia testing market in these regions.
IMPACT OF COVID-19 ON PNEUMONIA TESTING MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities. Pneumonia testing market is moderately impacted due to covid-19.
MARKET PLAYERS
The report covers key developments in the pneumonia testing market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from pneumonia testing market are anticipated to lucrative growth opportunities in the future with the rising demand for pneumonia testing in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the pneumonia testing market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Thermo Fisher Scientific Inc.
- Abbott.
- F-Hoffmann la Roche Ltd.
- Hologic Inc.
- bioMerieux SA
- BD
- Bio-Rad Laboratories Inc.
- OpGen.
- Quest Diagnostics Incorporated
- Quidel
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Pneumonia Testing Market - By Method
1.3.2 Pneumonia Testing Market - By Technology
1.3.3 Pneumonia Testing Market - By Type
1.3.4 Pneumonia Testing Market - By End User
1.3.5 Pneumonia Testing Market - By Region
1.3.5.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. PNEUMONIA TESTING MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. PNEUMONIA TESTING MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. PNEUMONIA TESTING MARKET - GLOBAL MARKET ANALYSIS
6.1. PNEUMONIA TESTING - GLOBAL MARKET OVERVIEW
6.2. PNEUMONIA TESTING - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. PNEUMONIA TESTING MARKET - REVENUE AND FORECASTS TO 2028 - METHOD
7.1. OVERVIEW
7.2. METHOD MARKET FORECASTS AND ANALYSIS
7.3. IMMUNODIAGNOSTICS
7.3.1. Overview
7.3.2. Immunodiagnostics Market Forecast and Analysis
7.4. MOLECULAR DIAGNOSTICS
7.4.1. Overview
7.4.2. Molecular Diagnostics Market Forecast and Analysis
7.5. POINT OF CARE (POC) TESTING
7.5.1. Overview
7.5.2. Point of Care (POC) Testing Market Forecast and Analysis
8. PNEUMONIA TESTING MARKET - REVENUE AND FORECASTS TO 2028 - TECHNOLOGY
8.1. OVERVIEW
8.2. TECHNOLOGY MARKET FORECASTS AND ANALYSIS
8.3. ENZYME-LINKED IMMUNOSORBENT ASSAY (ELISA)
8.3.1. Overview
8.3.2. Enzyme-linked Immunosorbent Assay (ELISA) Market Forecast and Analysis
8.4. IMMUNOFLUORESCENCE
8.4.1. Overview
8.4.2. Immunofluorescence Market Forecast and Analysis
8.5. WESTERN BLOT
8.5.1. Overview
8.5.2. Western Blot Market Forecast and Analysis
8.6. POLYMERASE CHAIN REACTION (PCR)
8.6.1. Overview
8.6.2. Polymerase Chain Reaction (PCR) Market Forecast and Analysis
8.7. IMMUNOHISTOCHEMISTRY (IHC)
8.7.1. Overview
8.7.2. Immunohistochemistry (IHC) Market Forecast and Analysis
8.8. OTHERS
8.8.1. Overview
8.8.2. Others Market Forecast and Analysis
9. PNEUMONIA TESTING MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
9.1. OVERVIEW
9.2. TYPE MARKET FORECASTS AND ANALYSIS
9.3. ANALYZERS
9.3.1. Overview
9.3.2. Analyzers Market Forecast and Analysis
9.4. CONSUMABLES
9.4.1. Overview
9.4.2. Consumables Market Forecast and Analysis
10. PNEUMONIA TESTING MARKET - REVENUE AND FORECASTS TO 2028 - END USER
10.1. OVERVIEW
10.2. END USER MARKET FORECASTS AND ANALYSIS
10.3. HOSPITALS
10.3.1. Overview
10.3.2. Hospitals Market Forecast and Analysis
10.4. DIAGNOSTIC LABORATORIES
10.4.1. Overview
10.4.2. Diagnostic Laboratories Market Forecast and Analysis
10.5. HOMECARE
10.5.1. Overview
10.5.2. Homecare Market Forecast and Analysis
10.6. OTHERS
10.6.1. Overview
10.6.2. Others Market Forecast and Analysis
11. PNEUMONIA TESTING MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America Pneumonia Testing Market Overview
11.1.2 North America Pneumonia Testing Market Forecasts and Analysis
11.1.3 North America Pneumonia Testing Market Forecasts and Analysis - By Method
11.1.4 North America Pneumonia Testing Market Forecasts and Analysis - By Technology
11.1.5 North America Pneumonia Testing Market Forecasts and Analysis - By Type
11.1.6 North America Pneumonia Testing Market Forecasts and Analysis - By End User
11.1.7 North America Pneumonia Testing Market Forecasts and Analysis - By Countries
11.1.7.1 United States Pneumonia Testing Market
11.1.7.1.1 United States Pneumonia Testing Market by Method
11.1.7.1.2 United States Pneumonia Testing Market by Technology
11.1.7.1.3 United States Pneumonia Testing Market by Type
11.1.7.1.4 United States Pneumonia Testing Market by End User
11.1.7.2 Canada Pneumonia Testing Market
11.1.7.2.1 Canada Pneumonia Testing Market by Method
11.1.7.2.2 Canada Pneumonia Testing Market by Technology
11.1.7.2.3 Canada Pneumonia Testing Market by Type
11.1.7.2.4 Canada Pneumonia Testing Market by End User
11.1.7.3 Mexico Pneumonia Testing Market
11.1.7.3.1 Mexico Pneumonia Testing Market by Method
11.1.7.3.2 Mexico Pneumonia Testing Market by Technology
11.1.7.3.3 Mexico Pneumonia Testing Market by Type
11.1.7.3.4 Mexico Pneumonia Testing Market by End User
11.2. EUROPE
11.2.1 Europe Pneumonia Testing Market Overview
11.2.2 Europe Pneumonia Testing Market Forecasts and Analysis
11.2.3 Europe Pneumonia Testing Market Forecasts and Analysis - By Method
11.2.4 Europe Pneumonia Testing Market Forecasts and Analysis - By Technology
11.2.5 Europe Pneumonia Testing Market Forecasts and Analysis - By Type
11.2.6 Europe Pneumonia Testing Market Forecasts and Analysis - By End User
11.2.7 Europe Pneumonia Testing Market Forecasts and Analysis - By Countries
11.2.7.1 Germany Pneumonia Testing Market
11.2.7.1.1 Germany Pneumonia Testing Market by Method
11.2.7.1.2 Germany Pneumonia Testing Market by Technology
11.2.7.1.3 Germany Pneumonia Testing Market by Type
11.2.7.1.4 Germany Pneumonia Testing Market by End User
11.2.7.2 France Pneumonia Testing Market
11.2.7.2.1 France Pneumonia Testing Market by Method
11.2.7.2.2 France Pneumonia Testing Market by Technology
11.2.7.2.3 France Pneumonia Testing Market by Type
11.2.7.2.4 France Pneumonia Testing Market by End User
11.2.7.3 Italy Pneumonia Testing Market
11.2.7.3.1 Italy Pneumonia Testing Market by Method
11.2.7.3.2 Italy Pneumonia Testing Market by Technology
11.2.7.3.3 Italy Pneumonia Testing Market by Type
11.2.7.3.4 Italy Pneumonia Testing Market by End User
11.2.7.4 Spain Pneumonia Testing Market
11.2.7.4.1 Spain Pneumonia Testing Market by Method
11.2.7.4.2 Spain Pneumonia Testing Market by Technology
11.2.7.4.3 Spain Pneumonia Testing Market by Type
11.2.7.4.4 Spain Pneumonia Testing Market by End User
11.2.7.5 United Kingdom Pneumonia Testing Market
11.2.7.5.1 United Kingdom Pneumonia Testing Market by Method
11.2.7.5.2 United Kingdom Pneumonia Testing Market by Technology
11.2.7.5.3 United Kingdom Pneumonia Testing Market by Type
11.2.7.5.4 United Kingdom Pneumonia Testing Market by End User
11.2.7.6 Rest of Europe Pneumonia Testing Market
11.2.7.6.1 Rest of Europe Pneumonia Testing Market by Method
11.2.7.6.2 Rest of Europe Pneumonia Testing Market by Technology
11.2.7.6.3 Rest of Europe Pneumonia Testing Market by Type
11.2.7.6.4 Rest of Europe Pneumonia Testing Market by End User
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific Pneumonia Testing Market Overview
11.3.2 Asia-Pacific Pneumonia Testing Market Forecasts and Analysis
11.3.3 Asia-Pacific Pneumonia Testing Market Forecasts and Analysis - By Method
11.3.4 Asia-Pacific Pneumonia Testing Market Forecasts and Analysis - By Technology
11.3.5 Asia-Pacific Pneumonia Testing Market Forecasts and Analysis - By Type
11.3.6 Asia-Pacific Pneumonia Testing Market Forecasts and Analysis - By End User
11.3.7 Asia-Pacific Pneumonia Testing Market Forecasts and Analysis - By Countries
11.3.7.1 Australia Pneumonia Testing Market
11.3.7.1.1 Australia Pneumonia Testing Market by Method
11.3.7.1.2 Australia Pneumonia Testing Market by Technology
11.3.7.1.3 Australia Pneumonia Testing Market by Type
11.3.7.1.4 Australia Pneumonia Testing Market by End User
11.3.7.2 China Pneumonia Testing Market
11.3.7.2.1 China Pneumonia Testing Market by Method
11.3.7.2.2 China Pneumonia Testing Market by Technology
11.3.7.2.3 China Pneumonia Testing Market by Type
11.3.7.2.4 China Pneumonia Testing Market by End User
11.3.7.3 India Pneumonia Testing Market
11.3.7.3.1 India Pneumonia Testing Market by Method
11.3.7.3.2 India Pneumonia Testing Market by Technology
11.3.7.3.3 India Pneumonia Testing Market by Type
11.3.7.3.4 India Pneumonia Testing Market by End User
11.3.7.4 Japan Pneumonia Testing Market
11.3.7.4.1 Japan Pneumonia Testing Market by Method
11.3.7.4.2 Japan Pneumonia Testing Market by Technology
11.3.7.4.3 Japan Pneumonia Testing Market by Type
11.3.7.4.4 Japan Pneumonia Testing Market by End User
11.3.7.5 South Korea Pneumonia Testing Market
11.3.7.5.1 South Korea Pneumonia Testing Market by Method
11.3.7.5.2 South Korea Pneumonia Testing Market by Technology
11.3.7.5.3 South Korea Pneumonia Testing Market by Type
11.3.7.5.4 South Korea Pneumonia Testing Market by End User
11.3.7.6 Rest of Asia-Pacific Pneumonia Testing Market
11.3.7.6.1 Rest of Asia-Pacific Pneumonia Testing Market by Method
11.3.7.6.2 Rest of Asia-Pacific Pneumonia Testing Market by Technology
11.3.7.6.3 Rest of Asia-Pacific Pneumonia Testing Market by Type
11.3.7.6.4 Rest of Asia-Pacific Pneumonia Testing Market by End User
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa Pneumonia Testing Market Overview
11.4.2 Middle East and Africa Pneumonia Testing Market Forecasts and Analysis
11.4.3 Middle East and Africa Pneumonia Testing Market Forecasts and Analysis - By Method
11.4.4 Middle East and Africa Pneumonia Testing Market Forecasts and Analysis - By Technology
11.4.5 Middle East and Africa Pneumonia Testing Market Forecasts and Analysis - By Type
11.4.6 Middle East and Africa Pneumonia Testing Market Forecasts and Analysis - By End User
11.4.7 Middle East and Africa Pneumonia Testing Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa Pneumonia Testing Market
11.4.7.1.1 South Africa Pneumonia Testing Market by Method
11.4.7.1.2 South Africa Pneumonia Testing Market by Technology
11.4.7.1.3 South Africa Pneumonia Testing Market by Type
11.4.7.1.4 South Africa Pneumonia Testing Market by End User
11.4.7.2 Saudi Arabia Pneumonia Testing Market
11.4.7.2.1 Saudi Arabia Pneumonia Testing Market by Method
11.4.7.2.2 Saudi Arabia Pneumonia Testing Market by Technology
11.4.7.2.3 Saudi Arabia Pneumonia Testing Market by Type
11.4.7.2.4 Saudi Arabia Pneumonia Testing Market by End User
11.4.7.3 U.A.E Pneumonia Testing Market
11.4.7.3.1 U.A.E Pneumonia Testing Market by Method
11.4.7.3.2 U.A.E Pneumonia Testing Market by Technology
11.4.7.3.3 U.A.E Pneumonia Testing Market by Type
11.4.7.3.4 U.A.E Pneumonia Testing Market by End User
11.4.7.4 Rest of Middle East and Africa Pneumonia Testing Market
11.4.7.4.1 Rest of Middle East and Africa Pneumonia Testing Market by Method
11.4.7.4.2 Rest of Middle East and Africa Pneumonia Testing Market by Technology
11.4.7.4.3 Rest of Middle East and Africa Pneumonia Testing Market by Type
11.4.7.4.4 Rest of Middle East and Africa Pneumonia Testing Market by End User
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America Pneumonia Testing Market Overview
11.5.2 South and Central America Pneumonia Testing Market Forecasts and Analysis
11.5.3 South and Central America Pneumonia Testing Market Forecasts and Analysis - By Method
11.5.4 South and Central America Pneumonia Testing Market Forecasts and Analysis - By Technology
11.5.5 South and Central America Pneumonia Testing Market Forecasts and Analysis - By Type
11.5.6 South and Central America Pneumonia Testing Market Forecasts and Analysis - By End User
11.5.7 South and Central America Pneumonia Testing Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil Pneumonia Testing Market
11.5.7.1.1 Brazil Pneumonia Testing Market by Method
11.5.7.1.2 Brazil Pneumonia Testing Market by Technology
11.5.7.1.3 Brazil Pneumonia Testing Market by Type
11.5.7.1.4 Brazil Pneumonia Testing Market by End User
11.5.7.2 Argentina Pneumonia Testing Market
11.5.7.2.1 Argentina Pneumonia Testing Market by Method
11.5.7.2.2 Argentina Pneumonia Testing Market by Technology
11.5.7.2.3 Argentina Pneumonia Testing Market by Type
11.5.7.2.4 Argentina Pneumonia Testing Market by End User
11.5.7.3 Rest of South and Central America Pneumonia Testing Market
11.5.7.3.1 Rest of South and Central America Pneumonia Testing Market by Method
11.5.7.3.2 Rest of South and Central America Pneumonia Testing Market by Technology
11.5.7.3.3 Rest of South and Central America Pneumonia Testing Market by Type
11.5.7.3.4 Rest of South and Central America Pneumonia Testing Market by End User
12. IMPACT OF COVID-19 PANDEMIC ON GLOBAL PNEUMONIA TESTING MARKET
12.1 North America
12.2 Europe
12.3 Asia-Pacific
12.4 Middle East and Africa
12.5 South and Central America
13. INDUSTRY LANDSCAPE
13.1. MERGERS AND ACQUISITIONS
13.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
13.3. NEW PRODUCT LAUNCHES
13.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
14. PNEUMONIA TESTING MARKET, KEY COMPANY PROFILES
14.1. THERMO FISHER SCIENTIFIC INC.
14.1.1. Key Facts
14.1.2. Business Description
14.1.3. Products and Services
14.1.4. Financial Overview
14.1.5. SWOT Analysis
14.1.6. Key Developments
14.2. ABBOTT.
14.2.1. Key Facts
14.2.2. Business Description
14.2.3. Products and Services
14.2.4. Financial Overview
14.2.5. SWOT Analysis
14.2.6. Key Developments
14.3. F-HOFFMANN LA ROCHE LTD.
14.3.1. Key Facts
14.3.2. Business Description
14.3.3. Products and Services
14.3.4. Financial Overview
14.3.5. SWOT Analysis
14.3.6. Key Developments
14.4. HOLOGIC INC.
14.4.1. Key Facts
14.4.2. Business Description
14.4.3. Products and Services
14.4.4. Financial Overview
14.4.5. SWOT Analysis
14.4.6. Key Developments
14.5. BIOM
14.5.1. Key Facts
14.5.2. Business Description
14.5.3. Products and Services
14.5.4. Financial Overview
14.5.5. SWOT Analysis
14.5.6. Key Developments
14.6. BD
14.6.1. Key Facts
14.6.2. Business Description
14.6.3. Products and Services
14.6.4. Financial Overview
14.6.5. SWOT Analysis
14.6.6. Key Developments
14.7. BIO-RAD LABORATORIES INC.
14.7.1. Key Facts
14.7.2. Business Description
14.7.3. Products and Services
14.7.4. Financial Overview
14.7.5. SWOT Analysis
14.7.6. Key Developments
14.8. OPGEN.
14.8.1. Key Facts
14.8.2. Business Description
14.8.3. Products and Services
14.8.4. Financial Overview
14.8.5. SWOT Analysis
14.8.6. Key Developments
14.9. QUEST DIAGNOSTICS INCORPORATED
14.9.1. Key Facts
14.9.2. Business Description
14.9.3. Products and Services
14.9.4. Financial Overview
14.9.5. SWOT Analysis
14.9.6. Key Developments
14.10. QUIDEL.
14.10.1. Key Facts
14.10.2. Business Description
14.10.3. Products and Services
14.10.4. Financial Overview
14.10.5. SWOT Analysis
14.10.6. Key Developments
15. APPENDIX
15.1. ABOUT THE INSIGHT PARTNERS
15.2. GLOSSARY OF TERMS
1. Thermo Fisher Scientific Inc.
2. Abbott.
3. F-Hoffmann la Roche Ltd.
4. Hologic Inc.
5. bioMerieux SA
6. BD
7. Bio-Rad Laboratories Inc.
8. OpGen.
9. Quest Diagnostics Incorporated
10. Quidel.
11. Meridian Biosciences
12. Quest Diagnostics
13. AdvanDx
14. Beckman Coulter
15. Cepheid
16. Concile
17. Diamedix
18. DiaSorin
19. Fast-track Diagnostics
20. SeraCare
21. Trinity Biotech
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Get Free Sample For