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Vaginosis Rapid Testing Market Explores New Growth Opportunities By 2017 - 2025
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Vaginosis testing in the early stages helps to prevent further complications in women. The increasing health awareness and increasing research and development activities to develop innovative rapid testing kits and devices for vaginosis is the lucrative opportunity for the growth of the global vaginosis rapid testing market over forecast period.
The increasing prevalence of most common vaginal and sexually transmitted infection worldwide is expected to propel the demand of vaginosis testing and drive the growth of the global vaginosis testing market over forecast period. The rinsing awareness about the woman’s health and the supportive government campaigns, and programs regarding awareness also anticipated to drive the growth of the global vaginosis rapid testing market. The ease in regulatory approvals for the testing devices and developing medical infrastructure in developing regions also expected to drive the growth of the global vaginosis rapid testing market. The increasing demand of point of care testing (POCT) in growing area of diagnostics due to increased focus on cost efficiency through rapid and appropriate treatment is also anticipated to boost the growth of the global vaginosis rapid testing market.
However, the less awareness among women about the symptoms and conditions of the vaginosis and poorly developed medical infrastructure and diagnosis facilities in developing countries, may hamper the demand of diagnostics kits and restrain the growth of the global vaginosis rapid test market.
On the basis of regional presence, the global vaginosis rapid testing market is segmented into five key regions: North America, Latin America, Europe, Asia-Pacific, and Middle East & Africa. The North America is dominating and contributed the leading shares to the vaginosis rapid testing market and anticipated to register a significant growth over a forecast period due to the technological advancement, and easy availability of the testing devices. The Europe is also expected to contribute the moderate revenue and market share and register a healthy growth rate in the global vaginosis rapid testing market followed by North America. The APEJ has become the lucrative market for vaginosis rapid testing and anticipated to register significant opportunities over the forecast period due to the increasing demand for a cheap, rapid alternative to the conventional vaginosis testing in the region. The Latin America and MEA are at a nascent stage to the global vaginosis rapid testing market and expected to show a moderate growth over a forecast period.
Some of the major market players in vaginosis rapid testing market globally include Medtronic plc., BD diagnostics, Quidel Corporation, British diagnostics company, and Mologic Ltd. The vaginosis rapid testing market is currently witnessing a number of strategic collaboration and partnership activities by manufacturers and end users.
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