The analysts forecast global sexually transmitted diseases testing market to grow at a CAGR of 8.61% during the period 2018-2022. One trend in the market is high demand for POC testing.
The diagnostic sector is undergoing revolutionary changes, with device miniaturization, growth in testing menus, and the introduction of multi-parameter testing devices.
Another significant development in this sector is the emergence of POC testing.
Major key players in the global sexually transmitted diseases testing market: Abbott, bioMerieux, Bio-Rad Laboratories, and F. Hoffmann La Roche.
According to the sexually transmitted diseases testing market report, one driver in the market is rise in STDs. The rise in STDs has become a global public health challenge.
STDs include more than 25-30 infectious diseases that are spread through sexual activity. A person needs to visit a health clinic or hospital for STD testing and treatment if exposed to a sexually transmitted pathogen.
Common STDs include chlamydia, syphilis, gonorrhea, herpes, HPV, and HIV infections.
Further, the sexually transmitted diseases testing market report states that one challenge in the market is lack of trained professionals. STD testing requires extensive optimization before results can be interpreted correctly.
Therefore, clinical laboratories and diagnostic centers require trained specialists. However, there is a global shortage of these specialists in diagnostic centers and hospitals.
For instance, most rural hospitals in the US face issues such as low patient volume and are unable to justify the expenses associated with employing specialists who charge high.
Market driver: Rise in STDs
Market challenge: Lack of trained professionals
Market trend: High demand for POC testing
Key questions answered in sexually transmitted diseases testing market report
What will the market size be in 2022 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
Report at www.reportsnreports.com/.aspx?name=1299346.
Major Points from Table of Contents:
1: Executive Summary
2: Scope of The Report
3: Research Methodology
4: Market Landscape
5: Market Sizing
6: Five Forces Analysis
7: Market Segmentation by Testing Devices
8: Customer Landscape
9: Regional Landscape
10: Decision Framework
11: Drivers and Challenges
12: Market Trends
13: Vendor Landscape
14: Vendor Analysis