STD Diagnostics Market Size, Business Revenue Forecast, Leading Competitors

Posted by nileshdbmr on May 14th, 2021

STD diagnostics market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with the CAGR of 12.27% in the forecast period of 2021 to 2028. STD stands for sexually transmitted diseases which is also known as venereal diseases (VD) and are usually spread through the use of unsterilized drug needles, from mother to infant during childbirth or breast-feeding, blood transfusions and sexually. These infections do not show any symptoms and are detected through various tests like blood tests, urine samples or fluid samples.

Key Market Competitors: Global STD Diagnostics Market

Few of the major competitors currently working in the STD diagnostics market are Abbott, aposcience, BD, Biocartis, bioMérieux SA, Bio-Rad Laboratories, Inc, Cepheid, Danaher, DiaSorin, GenMark Diagnostics, Inc., Hologic Inc., OraSure Technologies, Inc., Qualigen Inc, Quidel Corporation, F. Hoffmann-La Roche Ltd and Thermo Fisher Scientific Inc, Hologic Inc, MedMira Inc.

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STD caused by bacteria is usually easy to treat through antibiotics and antiviral drugs. Thermal Cyclers , PCR, Lateral Flow Readers - Immunochromatographic assays, Flow Cytometers, Differential Light Scattering machines, Absorbance Microplate Reader, Phone chips, Rapid Diagnostic Kits are some of the devices which are used to detect these diseases.

Segmentation: Global STD Diagnostics Market

•          By Type (Chlamydia Testing, Syphilis Testing, Gonorrhea Testing, Herpes Simplex Virus Testing, Human Papilloma Virus Testing, Human Immunodeficiency Virus Testing)
•          By Testing (Laboratory Devices, Point of Care Devices)
•          By Testing Devices (Thermal Cyclers , PCR, Lateral Flow Readers - Immunochromatographic assays, Flow Cytometers, Differential Light Scattering machines, Absorbance Microplate Reader, Phone chips, Rapid Diagnostic Kits)
•          By End- User (Hospitals, Others)

Competitive Analysis: Global STD Diagnostics Market

Global STD diagnostics market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of STD diagnostics market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Market Drivers:

•          Implementation of National Screening Programs is driving the market.
•          Increasing incidence of STD is driving the market.

Market Restraint:

•          High cost of the advanced diagnostic devices is restraining the market.

Reasons to Purchase this Report:

•          Current and future of global STD diagnostics market outlook in the developed and emerging markets
•          The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
•          Regions/Countries that are expected to witness the fastest growth rates during the forecast period
•          The latest developments, market shares, and strategies that are employed by the major market players