Sexually Transmitted Diseases (STD) Testing Market New Opportunities, Top Trends, Rising Demand, Emerging Growth, Business Development

Sexually transmitted diseases testing market accounted for $91,445.93 Million in 2020, and is expected to reach $1,50,445.01 Million by 2030, registering a CAGR of 5.1% from 2021 to 2030.

List of Key Players
This report provides comprehensive competitive analysis and profiles of prominent market players such as Abbott laboratories, Becton Dickinson Company, BioMérieux, Inc., Bio-Rad Laboratories, Inc., Danaher Corporation, Diasorin Molecular LLC, Hologic, Inc., Orasure Technologies, Inc., Roche Holding AG and Thermo Fisher Scientific Inc.

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At present, STDs are considered as one of the most critical health challenges globally. Chlamydia, gonorrhea, and herpes simplex virus are some of the highly prevalent STDs. The STD testing market has gained prominence in the recent years due to high prevalence of major STDs worldwide and as a result, increase in need for STD diagnosis. However, limited access to STD diagnosis in majority of the population from developing regions is expected to restrain the sexually transmitted diseases (STD) testing market growth.

By disease type, the chlamydia testing segment is the highest revenue contributor and gonorrhea segment is expected to exhibit the fastest growth rate of 7.3%. This is attributed to the increased prevalence of gonorrhea in the last decade.

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Key Findings of the Study

By intubation, the orotracheal intubation segment held the largest sexually transmitted diseases (STD) testing market share in 2020 and is expected to remain dominant during the forecast period.
By application, the anesthesia segment held the largest market share in 2020 and is expected to remain dominant during the forecast period.
By end user, the hospitals segment held the largest sexually transmitted diseases testing market share in 2020 and is expected to remain dominant during the forecast period.

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