Press release
Syphilis Testing Market Share Will Increase at 5.6%% CAGR by 2030 | Hologic, Inc, Cepheid Inc, DiaSorin
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Leading market players-
Becton Dickinson And Company
Hologic, Inc.
Cepheid Inc.
DiaSorin
Abbott Laboratories
Bio-Rad Laboratories
Beckman Coulter Inc
F. Hoffmann-La Roche
Affymetrix, Inc
Siemens healthcare
Owing to increase in prevalence of individual suffering from sexually transmitted disease, rise in geriatric population, and growth in awareness among the population concerning the benefits of syphilis test globally are the key factors anticipated to drive the growth of market during the forecast period.
COVID-19 scenario-
The outbreak of the Covid-19 pandemic negatively impacted the global syphilis testing market. This is owing to decrease in the number of patient visits to hospitals and clinics for testing, as a result of the suspension of various elective procedures and outpatient visits, which reduced the demand for syphilis tests.
Between March 2019 and May 2020, the Syphilis testing rate fell by 64%.
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The laboratory testing segment held the lion's share in 2020-
Based on location of testing, the laboratory testing segment held the lion's share in 2020, contributing to more than four-fifths of the global syphilis testing market, and is expected to continue its lead during the forecast period. However, thepoint of care (POC) testing segment is expected to witness the highest CAGR of 6.8% by 2030, due to increase in prevalence of syphilis infection, the laboratory test is cost efficient, convenient and confidential for use in hospitals & clinics.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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