Chlamydia Trachomatis (CT) And Neisseria Gonorrhoeae (NG) Testing Global Market Rising Trends, Industry Size, Share Report, Growing Demand and Business Opportunities And Forecast 2024-2033

"The Business Research Company recently released a comprehensive report on the Global Chlamydia Trachomatis (CT) And Neisseria Gonorrhoeae (NG) Testing Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.

According to The Business Research Company's, The chlamydia trachomatis (CT) and neisseria gonorrhoeae (NG) testing market size has grown rapidly in recent years. It will grow from $1.79 billion in 2023 to $1.98 billion in 2024 at a compound annual growth rate (CAGR) of 10.7%. The growth in the historic period can be attributed to emergence of antibiotic resistance, awareness campaigns and education, policy changes.

The chlamydia trachomatis (CT) and neisseria gonorrhoeae (NG) testing market size is expected to see rapid growth in the next few years. It will grow to $3.00 billion in 2028 at a compound annual growth rate (CAGR) of 11.0%. The growth in the forecast period can be attributed to telemedicine and telehealth, personalized medicine approaches, point-of-care testing expansion, population health management strategies. Major trends in the forecast period include expansion of rapid point-of-care testing, personalized testing approaches, multi-disease testing platforms, community-based testing and outreach programs.

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Market Drivers and Trends:

The increasing number of sexually transmitted infections (STIs) is expected to propel the growth of the chlamydia trachomatis (CT) and neisseria gonorrhoeae (NG) testing market going forward. Sexually transmitted infections (STIs) refer to diseases caused by infection with bacteria, viruses, or parasites that can be transmitted through sexual contact. STI rates are rising due to a lack of comprehensive sex education, increased sexual activity, stigma, and barriers. chlamydia trachomatis (CT) and neisseria gonorrhoeae (NG) testing is used for detecting and managing sexually transmitted infections (STIs) by enabling early diagnosis, treatment, and prevention of transmission. For instance, in July 2023, according to reports published by the World Health Organization, Switzerland, an intergovernmental organization, every day, more than 1 million sexually transmitted infections (STIs) are acquired worldwide, and every year, an estimated 374 million new infections occur with 1 of 4 treatable STIs. Therefore, there is an increasing number of sexually transmitted infections, which is driving the growth of the CTNG testing market.

Major companies operating in the chlamydia trachomatis (CT) and neisseria gonorrhoeae (NG) testing market are focusing on the development of innovative testing solutions, such as BD COR MX/PX System, a high-throughput infectious disease molecular diagnostic platform, to address the need for accurate, efficient, and scalable testing methods to combat the increasing burden of sexually transmitted infections. BD COR MX/PX System is a sophisticated laboratory instrument or system designed to rapidly and efficiently analyze large numbers of samples for the presence of infectious agents. For instance, in May 2022, Becton Dickinson and Company, a US-based medical device company, launched its new, fully automated, high-throughput infectious disease molecular diagnostics platform called the BD COR MX/PX System, which is designed to streamline the workflow in large labs that process many infectious disease tests and such infections, including chlamydia trachomatis (CT) and neisseria gonorrhoeae (NG) testing. It automates the entire process using robotics and software algorithms, from receiving samples to delivering results. This can significantly improve efficiency and potentially reduce wait times for test results. Additionally, it features automation, high-throughput capability, dual DNA targets, and a modular and scalable design.

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Major Key Players of the Market:

F. Hoffmann-La Roche AG, Thermo Fisher Scientific, Abbott Laboratories, Danaher Corporation, Merck KGaA, Siemens Healthineers, Becton Dickinson and Company, Grifols SA, Hologic Inc, PerkinElmer, bioMérieux, Sysmex Corporation, Bio-Rad Laboratories, QIAGEN, Quidel Corporation, DiaSorin, Cepheid, Seegene Inc, Meridian Bioscience Inc, Sekisui Diagnostics, J. Mitra & Co. Pvt. Ltd, Atlas Medical, Hardy Diagnostics, Molbio Diagnostics Pvt. Ltd, NG Biotech

Chlamydia Trachomatis (CT) And Neisseria Gonorrhoeae (NG) Testing Market 2024 Key Insights:

• The chlamydia trachomatis (CT) and neisseria gonorrhoeae (NG) testing market size is expected to see rapid growth in the next few years. It will grow to $3.00 billion in 2028 at a compound annual growth rate (CAGR) of 11.0%.
• Rising Incidence Of STIs Propels The Growth Of The CTNG Testing Market.
• Innovative Solutions In The CT And NG Testing Market
• North America was the largest region in the chlamydia trachomatis (CT) and neisseria gonorrhoeae (NG) testing market in 2023

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