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Chlamydia Infection Diagnostics And Therapeutics Global Market Report Competitive And Growth Analysis 2033
Chlamydia Infection Diagnostics And Therapeutics Global Market Report 2024
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According to The Business Research Company's, The chlamydia infection diagnostics and therapeutics market size has grown strongly in recent years. It will grow from $1.35 billion in 2023 to $1.43 billion in 2024 at a compound annual growth rate (CAGR) of 5.6%. The growth in the historic period can be attributed to an increase in sexual activity, improving healthcare infrastructure, government initiatives, and funding, growing awareness and screening programs, and an increasing prevalence of chlamydia infections.
The chlamydia infection diagnostics and therapeutics market size is expected to see strong growth in the next few years. It will grow to $1.79 billion in 2028 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to awareness campaigns, high healthcare expenditure, rising incidence in young adults, regulatory approvals, expanding healthcare infrastructure, and a rising incidence of antibiotic resistance. Major trends in the forecast period include advancements in diagnostic technologies, the development of point-of-care tests, collaborations and partnerships, the development of effective treatment options, and technological advancement.
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Market Drivers and Trends:
The rising incidence of sexually transmitted infections is expected to propel the growth of the chlamydia infection diagnostics and therapeutics market going forward. Sexually transmitted infections refer to infections typically transmitted through sexual contact, including vaginal, anal. The increase in sexually transmitted infections (STIs) is due to inconsistent or improper use of barrier methods, a lack of awareness and education about safe sex practices, increased travel and migration patterns, and potentially decreasing public health funding for prevention programs. Chlamydia infection diagnostics and therapeutics are essential in managing sexually transmitted infections, ensuring early detection and effective treatment to prevent complications and transmission. For instance, in May 2024, according to the World Health Organization, a Switzerland-based United Nations agency responsible for international public health, more than 1 million curable sexually transmitted infections (STIs) are acquired every day worldwide in people aged 15-49 years with the majority of these infections being asymptomatic. Therefore, the rising incidence of sexually transmitted infections globally is driving the growth of the Chlamydia infection diagnostics and therapeutics market.
Major companies operating in the chlamydia infection treatment market focus on developing advanced diagnostic technologies, such as fully automated, high-throughput infectious disease molecular diagnostic platforms, to enhance diagnostic accuracy and streamline laboratory workflows. A fully automated, high-throughput infectious disease molecular diagnostic platform is a cutting-edge system designed to streamline and improve the detection of infectious diseases. For instance, in May 2022, Becton, Dickinson, and Company (BD), a US-based medical company, launched the new BD CORTM MX instrument, a fully automated, high-throughput infectious disease molecular diagnostic platform. This advanced medical device is designed to enhance diagnostic capabilities in clinical laboratories, offering automated molecular testing solutions. The BD CORTM MX/PX System fully automates the entire molecular laboratory workflow, handling everything from sample processing to delivering diagnostic test results. It is designed for high-throughput laboratories. This detects the three most prevalent non-viral sexually transmitted infections (STIs), Chlamydia trachomatis (CT), Neisseria gonorrhoeae (GC), and Trichomonas vaginalis (TV) in a single test.
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Major Key Players of the Market:
F. Hoffman La-Roche Ltd, Merck & Co. Inc., AbbVie Inc, Sanofi S.A., Bristol-Myers Squibb, AstraZeneca, Abbott Laboratory, Novartis AG, GlaxoSmithKline plc, Takeda Pharmaceutical, Danaher Corporation, Gilead Sciences, Siemens Healthineers, Becton Dickinson and Company, Accelerate Diagnostics, Hologic Inc., Biomerieux, QuidelOrtho Corporation, Bio-Rad Laboratories Inc., DiaSorin SpA, Luminex Corporation, Meridian Bioscience, Trinity Biotech Plc, Copan Diagnostics, Hain Lifescience GmbH
Chlamydia Infection Diagnostics And Therapeutics Market 2024 Key Insights:
• The chlamydia infection diagnostics and therapeutics market size is expected to see strong growth in the next few years. It will grow to $1.79 billion in 2028 at a compound annual growth rate (CAGR) of 5.9%.
• Impact Of Rising Sexually Transmitted Diseases Incidence On Chlamydia Infection Diagnostics And Therapeutics Market
• Innovative Analytic Instruments In Chlamydia Infection Diagnostics
• North America was the largest region in the chlamydia infection diagnostics and therapeutics market in 2023
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