Press release
Sexually Transmitted Disease Diagnostics Market worth $159.97 billion by 2030, growing at a CAGR of 5.97% - Exclusive Report by 360iResearch
The "Sexually Transmitted Disease Diagnostics Market by Disease Type (Bacterial Vaginosis, Candidal Vaginitis, Chlamydia Trachomatis/ Neisseria Gonorrhoeae), Diagnostic methods (Antigen Detection, Molecular Diagnostics, Serologic Testing), Device Type, End-Users - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.The Global Sexually Transmitted Disease Diagnostics Market to grow from USD 106.53 billion in 2023 to USD 159.97 billion by 2030, at a CAGR of 5.97%.
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Sexually transmitted disease diagnostics refers to the range of medical tests, physical examinations, and procedures used to identify infections transmitted through sexual contact. These diagnostics are crucial for the early detection, treatment, and prevention of sexually transmitted diseases, supporting public health efforts and individual well-being. The methodologies for Sexually transmitted disease (STD) diagnostics vary, including laboratory-based tests such as nucleic acid amplification tests, cultures, enzyme immunoassays (EIAs), and point-of-care tests that offer rapid results. The rising prevalence of STDs worldwide is a major contributor to the growth of diagnostics. This increase is attributed to changing sexual behaviors, lack of education and awareness regarding sexual health, and insufficient screening programs in certain regions. The need for effective diagnostic solutions is thus highlighted, prompting an uptick in demand for STD diagnostics. However, the social stigma associated with STDs remains a significant challenge for STD diagnostic providers. Companies are increasingly focusing on STD prevention and control as part of their public health initiatives. Moreover, the rapid progress in medical diagnostic technologies, including molecular diagnostics, Polymerase Chain Reaction (PCR) testing, and immunoassays, has significantly enhanced the accuracy, efficiency, and speed of STD testing. These technological advancements facilitate the early detection and treatment of STDs, further driving the growth of STD diagnostics.
In the Americas, the growing prevalence of sexually transmitted diseases (STDs), coupled with increased health awareness and healthcare spending, propels demand for diagnostic solutions. Advanced healthcare infrastructure and the high adoption of cutting-edge diagnostic technologies contribute to sophisticated consumer expectations. Recent initiatives include significant investments in public health programs to enhance STD diagnostics among underprivileged populations. At the same time, the EMEA shows a proactive approach towards STD diagnostics, supported by governmental and non-governmental initiatives that facilitate research, development, and distribution of innovative diagnostics solutions. The emphasis is on cost-effectiveness and comprehensive coverage, aiming for urban and rural accessibility. In recent years, the region has witnessed gradual progress with initiatives aimed at education, awareness, and breaking the stigma around STDs, slowly increasing the demand for diagnostic services. Moreover, the Asia-Pacific region is keen on growth in the market for STD diagnostics, driven by increasing awareness, rising prevalence of STDs, and government initiatives aimed at curbing these infections. With a diverse population and varying healthcare infrastructure across countries, including China, India, Japan, and Australia, the market dynamics are characterized by a mix of advanced technological adoption and growing demand for cost-effective diagnostic solutions.
Market Segmentation & Coverage:
This research report categorizes the Sexually Transmitted Disease Diagnostics Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Disease Type, market is studied across Bacterial Vaginosis, Candidal Vaginitis, Chlamydia Trachomatis/ Neisseria Gonorrhoeae, Genital Warts, Hepatitis B, HIV/AIDS, Mycoplasma Genitalium, Syphilis, and Trichomoniasis. The Mycoplasma Genitalium is projected to witness significant market share during forecast period.
Based on Diagnostic methods, market is studied across Antigen Detection, Molecular Diagnostics, and Serologic Testing. The Antigen Detection is projected to witness significant market share during forecast period.
Based on Device Type, market is studied across Laboratory Devices and Point of Care Devices. The Laboratory Devices is further studied across Absorbance Microplate Reader, Differential Light Scattering Machines, Flow Cytometers, Lateral Flow Readers, and Thermal Cyclers - PCR. The Point of Care Devices is further studied across Phone Chips (Microfluidics + ICT) and Rapid Diagnostic Kits. The Point of Care Devices is projected to witness significant market share during forecast period.
Based on End-Users, market is studied across Clinics, Diagnostic Laboratories, Hospitals, Public Health Agencies, and Research Institutions. The Clinics is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 39.15% in 2023, followed by Europe, Middle East & Africa.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Sexually Transmitted Disease Diagnostics Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Sexually Transmitted Disease Diagnostics Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Sexually Transmitted Disease Diagnostics Market, highlighting leading vendors and their innovative profiles. These include Abbott Laboratories, Astra Biotech Gmbh, Becton Dickinson and company, Bio-Rad Laboratories, Inc., bioMérieux SA, Danaher Corporation, Daye Limited, Diasorin S.p.A, F. Hoffmann-La Roche Ltd, Geneproof, Hologic Inc., Jiangsu BioPerfectus Technologies Co., Ltd, Liferiver Bio-Tech Corp., MedMira Inc, Meridian Bioscience Inc., Mylab Discovery Solutions Pvt. Ltd., OraSure Technologies, Inc., Qiagen Inc, Quest Consumer Inc., Sansure Biotech Inc., Seegene Inc., Siemens Healthcare GmbH, and Thermo Fisher Scientific, Inc..
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Sexually Transmitted Disease Diagnostics Market, by Disease Type
7. Sexually Transmitted Disease Diagnostics Market, by Diagnostic methods
8. Sexually Transmitted Disease Diagnostics Market, by Device Type
9. Sexually Transmitted Disease Diagnostics Market, by End-Users
10. Americas Sexually Transmitted Disease Diagnostics Market
11. Asia-Pacific Sexually Transmitted Disease Diagnostics Market
12. Europe, Middle East & Africa Sexually Transmitted Disease Diagnostics Market
13. Competitive Landscape
14. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Sexually Transmitted Disease Diagnostics Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Sexually Transmitted Disease Diagnostics Market?
3. What is the competitive strategic window for opportunities in the Sexually Transmitted Disease Diagnostics Market?
4. What are the technology trends and regulatory frameworks in the Sexually Transmitted Disease Diagnostics Market?
5. What is the market share of the leading vendors in the Sexually Transmitted Disease Diagnostics Market?
6. What modes and strategic moves are considered suitable for entering the Sexually Transmitted Disease Diagnostics Market?
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