The global sexually transmitted diseases testing market is projected to gain impetus from the increasing awareness programs by government organizations across the world regarding sexually transmitted diseases. Fortune Business Insights, in an upcoming report, titled, “Sexually Transmitted Diseases Testing Market Size, Share and Global Trend By Disease (Chlamydia, Syphilis, Gonorrhea, Herpes Simplex Virus, Human Papillomavirus, Human Immunodeficiency Virus, Chancroid, Others), By Location (Laboratory, Point of Care), By Device (Laboratory Devices, Point of Care (POC) Devices) and Geography Forecast till 2026,”
prominent market players operating in the industry have begun investing huge sums in the research and development of testing devices that would rapidly detect diseases. Moreover, the rising prevalence of microbial infections, namely, vaginitis, chlamydia, herpes simplex virus, trichomonas vaginal, gonorrhea, human papillomavirus (HPV), and syphilis is anticipated to boost the global sexually transmitted diseases testing market growth during the forecast period.
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Top Leaders Overview:
Some of the leading companies in the global Sexually Transmitted Diseases Testing Market are
- Company (BD)
- Quest Diagnostics
- Thermo Fisher Scientific
- bioMérieux SA,
Increasing Government Awareness Programs Regarding Sexually Transmitted Infections (STIs) to Favor Growth in Asia Pacific
The global sexually transmitted diseases testing market is geographically segmented into the Middle East and Africa, Europe, Latin America, Asia Pacific, and North America. Amongst these regions, Europe and North America had acquired a huge portion of sexually transmitted diseases testing market in terms of share in the year 2018.
Both the regions are anticipated to retain their positions throughout the forecast period due to the existence of public healthcare insurance plans. Furthermore, availability of advanced FDA-approved sexually transmitted diseases testing devices are likely to contribute to the sexually transmitted diseases testing market growth in Europe and North America.
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Major Segmental Overview:
- By Disease
- By Location
- By Device
- By Geography
Fortune Business Insights predicts that Asia Pacific will witness a significantly high CAGR during the forecast period. This growth is attributed to the rising disposable income and increasing awareness campaigns regarding sexually transmitted infections (STIs). Due to high disposable income of the populace, the levels of healthcare expenditure is also increasing. Additionally, the ever increasing patient pool and rising initiatives by the government to promote adoption of these devices are expected to fuel the sexually transmitted diseases testing market sales in this region. In the Middle East and Africa, a rise in the incidence of kidney stones will contribute to the market growth in these regions.
Key Market Players Focus on Online Testing Services to Help People in Overcoming the Reluctance of Talk About such Topics
Quest Diagnostics, a clinical laboratory, headquartered in the U.S., announced the launch of its latest test kits to detect sexually transmitted diseases in April 2019. The kits can be ordered and purchased directly from the company’s website by the consumers within the privacy of their residences. These new kits are developed to entitle the individuals to gain access to sexually transmitted diseases testing when they are hesitant to visit or contact the doctors personally.
According to a survey conducted by the company, physicians and patients are often reluctant to talk about sexually transmitted diseases. The survey results further stated that approximately 51% female population between the age group of 18 to 24 years hesitate to bring up the topics of sexually transmitted diseases or sex with their healthcare providers. Quest’s discreet delivery service would eventually aid in overcoming the hesitation.
Earlier, in November 2018, Sexual Health West Sussex announced the launch of its free testing service of sexually transmitted diseases online. According to the company, people have to apply online for a testing kit. It would further allow them to check of sexually transmitted infections, such as, HIV in the privacy of their homes.
Fortune Business Insights has profiled some of the prominent market players operating in the global sexually transmitted diseases testing market. They are Abbott, Hologic Inc., F. Hoffmann-La Roche Ltd., bioMérieux SA, Becton Dickinson and Company, Thermo Fisher Scientific, Danaher, Quest Diagnostics, and other key market players.
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What Factors are estimated to drive and restrain the market growth?
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