The Treponema Pallidum Tests Market To Grow In Direct Proportion With Innovation

Posted by Merin John on May 5th, 2021

The growth of the Treponema Pallidum Tests Market can be attributed to increasing prevalence of syphilis across the globe. According to the latest research by the company, the global Treponema Pallidum Tests Market is expected to account for over US$ 225 Mn, in terms of value, by 2026 end.

The Treponema Pallidum Tests market is expected to witness significant growth with its CAGR pegged at 5.7% through 2026. Various screening and confirmatory Treponema Pallidum Tests with different accessibility and affordability are available in the Treponema Pallidum Tests market.

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Some of the additional questions addressed in this report on the treponema pallidum tests market are-

What is the revenue potential of the treponema pallidum tests market across emerging economies?

What are the factors driving the growth of the treponema pallidum tests market across the world?

What are the major challenges influencing the growth of the treponema pallidum tests market?

Diagnosis of syphilis requires the results of two types of serologic treponema pallidum tests: non-treponemal and treponemal. Revenue from the Europe Treponema Pallidum Tests market is expected to expand at a significant CAGR and Europe is estimated to remain a dominant regional market in the Treponema Pallidum Tests market during the forecast period.

This is majorly due to the rising incidences of syphilis in the region and this is expected to positively impact the growth of the Treponema Pallidum Tests market during the forecast period.

Treponema Pallidum Tests Market Analysis & Dynamics

Over the past few years, it has been observed that sexually transmitted infections have been rapidly increasing at an alarming rate. Amongst all, syphilis cases increased by 18% between 2015 and 2016 alone. According to the CDC, the number of syphilis infections in the U.S. has increased almost every year since 2001.

The number increased from 2.1 cases per 100,000 people to 8.7 cases per 100,000 in 2016. As the cases of syphilis have been increasing worldwide, the number of people taking the confirmatory Treponema Pallidum Test for syphilis has also been increasing.

This, in turn, is expected to increase the demand for treponema pallidum testing worldwide and drive the growth of the global Treponema Pallidum Tests market during the forecast period.

Furthermore, the easy availability of various confirmatory Treponema Pallidum Tests is also boosting the growth of the global Treponema Pallidum Tests market. The first line of diagnosis for syphilis includes direct tests, such as dark-field microscopy and PCR based tests.