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HPV Testing And Pap Test Market Expected to Achieve 12.2% CAGR by 2029: Growth Forecast Insights
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.How Large Will the HPV Testing And Pap Test Market Size By 2025?
In the recent past, there has been a swift expansion in the market size of HPV testing and pap test. The market, which was valued at $4.4 billion in 2024, is projected to surge to $4.87 billion in 2025, representing a compound annual growth rate (CAGR) of 10.6%. The notable growth experienced within the historical period could be ascribed to factors such as heightened awareness campaigns around cervical cancer, the execution of screening programs, government efforts and financial support, advocacy for women's health, the escalating burden of the disease, and established practices in gynecological examination.
How Big Is the HPV Testing And Pap Test Market Size Expected to Grow by 2029?
The market for HPV testing and pap tests is projected to undergo fast-paced expansion in the upcoming years, reaching $7.73 billion by 2029 with a compound annual growth rate (CAGR) of 12.2%. The projected rise in the anticipated timescale is associated with factors such as vaccination strategies, precision medicine methodologies, the incorporation of molecular diagnostics, worldwide health equity programs, shifts in the demographic age structure, and diagnostic assessment reimbursement policies. Noteworthy trends expected during this future period involve an inclination towards HPV testing, co-testing strategies, the embrace of molecular testing, automation of testing routines, and the introduction of home-based testing capabilities.
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Which Key Market Drivers Powering HPV Testing And Pap Test Market Expansion and Growth?
The rise in cervical cancer cases is propelling the growth of the HPV testing and Pap test markets. Cervical cancer is a disease characterized by unregulated growth in the cells of the cervix. Early detection can help curb the escalation of cervical cancer, which can be achieved through HPV testing and Pap tests. For example, the American Cancer Society, a voluntary health organization devoted to fighting cancer in the US, predicted in January 2023 that new cervical cancer cases would reach approximately 13,960 in the US. It is further estimated that around 4,310 deaths would occur due to this disease. Consequently, the augmented incidence of cervical cancer is fueling the advancement of the HPV testing and Pap test market.
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Which Fast-Growing Trends Are Poised to Disrupt the HPV Testing And Pap Test Market?
Product innovation is gaining traction in the HPV testing and Pap test markets. In January 2022, Ghana-based Yemaachi Biotechnology launched the Sheba HPV Test, a home-based PCR test designed to identify individuals at high risk for cervical cancer through convenient self-sampling.
What Are the Emerging Segments in the HPV Testing And Pap Test Market?
The HPV testing and pap test market covered in this report is segmented -
1) By Test Type: HPV Testing, Pap Test
2) By Product: Instruments, Consumables, Services
3) By Technology: Polymerase Chain Reaction (PCR), Immunodiagnostics, Other Technologies
4) By Application: Cervical Cancer Screening, Vaginal Cancer Screening
5) By End User: Hospitals And Clinics, Laboratories, Other End Users
Subsegments:
1) By HPV Testing: High-Risk HPV Testing, Low-Risk HPV Testing, HPV Genotyping
2) By Pap Test: Conventional Pap Test, Liquid-Based Pap Test, Pap Plus HPV Testing
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Who Are the Global Leaders in the HPV Testing And Pap Test Market?
Major companies operating in the HPV testing and pap test market include Abbott Laboratories, Qiagen N.V., Becton Dickinson and Company, Quest Diagnostics Inc., Hologic Inc., F. Hoffmann-La Roche AG, Femasys Inc., Arbor Vita Corporation, Seegene Inc., Thermo Fisher Scientific Inc., BioMérieux SA, Onco Health Corporation, Takara Bio Inc., TruScreen Group Limited, Danaher Corporation, Mylab Discovery Solutions Pvt. Ltd., Fujirebio Diagnostics Inc., Promega Corporation, Myriad Genetics Inc., DiaSorin S.p.A., Genomica S.A.U., Grifols S.A., Illumina Inc., Merck & Co. Inc., Quidel Corporation, Randox Laboratories Ltd., Siemens Healthineers AG, Trovagene Inc., Vela Diagnostics, Zymo Research Corp., CerviCusco
Which are the Top Profitable Regional Markets for the HPV Testing And Pap Test Industry?
North America was the largest region in the HPV testing and Pap test market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global HPV testing and Pap tests market report during the forecast period. The regions covered in the HPV testing and pap test market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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