The STD Diagnostics Market size was valued at USD 91442.1 million in 2022 and is expected to grow to USD 142477.44 million by 2030 and grow at a CAGR of 5.7 % over the forecast period of 2023-2030.
The STD diagnostics market is a rapidly growing sector within the healthcare industry. With the increasing prevalence of sexually transmitted diseases worldwide, there is a rising demand for accurate and efficient diagnostic tools and tests.
One of the key factors driving the growth of this market is the growing awareness about sexually transmitted infections (STIs) and their potential health risks. Governments, healthcare organizations, and non-profit entities are actively promoting education and awareness campaigns to encourage individuals to get tested regularly. This has led to an increased number of people seeking diagnostic services, thereby fueling market growth.
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Advancements in technology have also played a significant role in shaping the STD diagnostics market. Traditional methods of testing, such as culture-based techniques, are being replaced by more sensitive and specific molecular diagnostic tests like polymerase chain reaction (PCR) and nucleic acid amplification tests (NAATs). These newer methods offer faster results with higher accuracy, enabling early detection and timely treatment.
Key Market Segmentation:
- Chlamydia testing
- Syphilis testing
- Gonorrhea testing
- Herpes Simplex Virus testing
- Human Papilloma Virus testing
- Human Immunodeficiency Virus testing
- Chancroid testing
By Location of Testing
- Laboratory Testing
- Commercial/Private labs
- Public Health Labs
- Point of Care (PoC) testing
By Testing Device
- Thermal Cyclers – PCR
- Absorbance microplate reader – Enzyme-Linked Immunosorbent Assay (ELISA)
- Differential Light Scattering machines
- Flow Cytometers
- Lateral Flow Readers – Immunochromatographic assays
Point of Care (PoC) Devices
- Phone chips (microfluidics + ICT)
- Portable/benchtop/rapid diagnostic kits
The major Key players are Abbott Laboratories (US),F. Hoffmann-La Roche Ltd. (Switzerland), bioMérieux SA (France), Thermo Fisher Scientific Inc. (US), Danaher Corporation (US), Quide! Corporation(US), Hologic, Inc. (US), Bio-Rad Laboratories, Inc. (US), QIAGEN (Netherlands), DiaSorin S.p.A (Italy), Grifols S.A. (Spain) and other players listed in the final report.
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