Le Lézard
Classified in: Health, Covid-19 virus
Subject: MRR

Sexually transmitted disease (STD) testing market size to grow by USD 29,988.27 Million: Increasing prevalence of STDs remains key growth driver - Technavio


NEW YORK, Dec. 7, 2022 /PRNewswire/ -- The global sexually transmitted disease (STD) testing market size is set to grow by USD 29,988.27 million from 2022 to 2027, according to Technavio. The growth momentum of the market will accelerate at a CAGR of 5.46% during the forecast period. This report provides analysis and insights to enable effective decision-making. Download A Sample Report

Sexually transmitted disease (STD) testing market - Key Driver and Major Challenge

The increasing prevalence of STDs is driving the sexually transmitted disease (STD) testing market growth. The prevalence of various types of STDs has increased globally. For instance, in 2020, 0.7% of the global population aged 15-49 years was diagnosed with HIV. The prevalence of the condition is high in low and middle-income countries. Sub-Saharan Africa and Asia-Pacific are some of the regions that are majorly affected by the disease. The rising prevalence of many such STDs is increasing the demand for early screening and diagnosis to reduce the chances of mortality. All these factors are driving the growth of the global sexually transmitted disease (STD) testing market.

The limited healthcare service in developing regions is impeding the sexually transmitted disease (STD) testing market growth. A majority of the population in developing countries are either unaware or have less access to proper healthcare facilities. This is due to the lack of financial and human resources in medical care, which limits the reach of proper healthcare services to the public. Some countries such as Kenya, Algeria, Afghanistan, and Bangladesh lack technology, infrastructure, and adequate policies to ensure efficient healthcare service delivery. Moreover, the lack of education and the social stigma associated with STDs avoids people in such countries to undergo screening for sexually transmitted diseases. All these factors are reducing the growth potential in the market.

Technavio has identified key trends, drivers, and challenges, along with competitive analysis to help clients improve their strategies to stay ahead of their competitors. Buy the report to obtain detailed insights about the market.

Major five sexually transmitted disease (STD) testing companies

Other key vendors

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Sexually Transmitted Disease (STD) Testing Market Product Outlook (Revenue, USD mn, 2022-2027)

Sexually Transmitted Disease (STD) Testing Market Disease Type Outlook (Revenue, USD mn, 2022-2027)

Sexually Transmitted Disease (STD) Testing Market Geography Outlook (Revenue, USD mn, 2022-2027)

Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View a PDF Sample Report

What are the key data covered in this sexually transmitted disease (STD) testing market report?

Related Reports

Sexually Transmitted Disease (STD) Testing Market Scope

Report Coverage

Details

Page number

162

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 5.46%

Market growth 2023-2027

USD 29988.27 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

5.05

Regional analysis

North America, Europe, Asia, and Rest of World (ROW)

Performing market contribution

North America at 47%

Key countries

US, Canada, Germany, UK, and China

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

AbbVie Inc., AccuBioTech Co. Ltd., AdvaCare Pharma, BIOGENIX Inc. Pvt. Ltd., CTK Biotech Inc., Everlywell Inc., F. Hoffmann La Roche Ltd., Gilead Sciences Inc., GlaxoSmithKline Plc, Goffin Molecular Technologies, Hangzhou Biotest Biotech Co. Ltd., Hologic Inc., Inovio Pharmaceuticals Inc., Johnson and Johnson, LT Labs, Merck and Co. Inc., OK Biotech Co. Ltd., Priority STD Testing, QIAGEN NV, and RayBiotech Life Inc.

Market dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of contents:

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by Disease Type

7 Market Segmentation by Product

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

11 Vendor Landscape

12 Vendor Analysis

13 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio


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