STD Diagnostics Market Trends, 2024: Hexa Research

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STD Diagnostics Market Share, Size, Analysis, Growth, Trends and
Forecasts to 2024 | Hexa Research
"Global STD diagnostics market is esteemed to grow
over USD 100 billion over the forecast period. "
The global STD (sexually transmitted disease) Diagnostics Market is driven by growing awareness about STDs
among the masses and greater governmental initiatives. Technological developments too play a vital role in
fuelling market growth. Popularity of POC (point of care) testing propels the demand for improved products,
such as diagnostic devices, kits, and reagents. A number of people have multiple sexual partners which in
turn raises the possibility of contracting infections. Hence, there’s the growing need for accurate & precise
diagnostics solutions.
The worldwide STD diagnostics market is segmented as per types of infections, location of tests, devices, and
regions. On the basis of infections, the categories are human papilloma virus (HPV), syphilis, chlamydia,
vaginitis, HIV (human immunodeficiency virus), herpes simplex virus, and gonorrhea. Chlamydia, gonorrhea,
and syphilis are sexually transmitted infections (STIs) caused by bacteria.
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Genital warts, HPV, HIV, and hepatitis genital herpes are examples of STIs caused by viruses. These
microorganisms get transmitted through semen, blood, and vaginal fluids. Chlamydia is by far the most
commonly occurring sexually transmitted disease. In terms of revenues, this segment held the highest share
in the overall industry. It generated revenues surpassing USD 36 billion in 2016. However, rising cases of
syphilis may contribute to more than 20% of total industry revenues over the forecast period (2016 to 2024).
Based on location of tests, the market is bifurcated into laboratory testing and point of care (PoC) testing.
Laboratory tests are carried out either in public health labs or in private/commercial labs. Unlike, PoC testing
solutions, laboratory tests deliver more precise results. PoC tests (such as test kits) are a more convenient
option because these deliver immediate results, but they are not always accurate. The introduction of
bedside & mobile testing is a step towards enhanced healthcare. The industry for bedside & mobile testing
may expand at a CAGR nearly 10% from 2016 to 2024.
According to type of device, the worldwide STD diagnostics market is segmented into thermal cyclers - PCRs,
lateral flow readers, flow cytometers, differential light scattering machines, absorbance microplate reader,
phone chips (microfluidics+ICT), and bench top/portable/rapid diagnostics kits. Portable/rapid diagnostics
and phone chips are PoC testing devices, while the others are laboratory test devices. The thermal cyclers
segment is anticipated to grow rapidly at a CAGR surpassing 8% during the forecast pe riod. The portable PoC
testing devices industry is propelled by continuous technological innovations. It may generate revenues
exceeding USD 46 billion by 2024.
Geographically, the global STD diagnostics market is divided into Asia Pacific, North America, Latin America,
Europe, and the Middle East & Africa. Driven by surging public awareness about STIs and the presence of a
well developed system of health insurance, North America dominates the global industry. Another vital factor
that positively impacts this region is the growing accessibility to FDA-approved highly advanced testing
devices. As per ongoing industry trends, Asia Pacific may register a high CAGR over the forecast period and
thus prove to be a lucrative market in the long run. Prominent companies operating in the worldwide STD
diagnostics market are Danaher Corporation, Abbott Laboratories, BioMerieux, Roche Holdings AG, and
Becton Dickinson & Company.
Recently, QuantuMDx, a U.K. based company dealing in life sciences diagnostics & tools, dev eloped the QPoc. This is a highly affordable diagnostic DNA analyzer which is commonly known as the “handheld lab”. It is
capable of diagnosing certain types of cancers and a number of infectious diseases (including the sexually
transmitted ones). Equipped with a solar battery, the Q-Poc can analyze biological samples, for example,
swabs are used to detect sexually transmitted diseases/infections.
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Table of Content of STD Diagnostics Market
Table of Content
Chapter 1. Methodology and Scope
1.1. Research methodology
1.2. Research scope & assumption
1.3. List of data sources
Chapter 2. Executive Summary
2.1. STD diagnostics market - Industry Summary and Key Buying Criteria, 2012 - 2022
Chapter 3. STD Diagnostics Industry Outlook
3.1. STD diagnostics market segmentation
3.2. STD diagnostics market size and growth prospects, 2012-2022
3.3. STD diagnostics market dynamics
3.3.1. Market driver analysis
3.3.2. Market restraint analysis
3.4. Key opportunities prioritized
3.5. Industry analysis - Porter's
3.6. STD diagnostics: Company market share, 2014
3.7. STD diagnostics market PESTEL analysis, 2014
Chapter 4. STD Diagnostics Types Outlook
4.1. STD diagnostics market share by type, 2014 & 2022
4.2. Chlamydia testing market estimates and forecasts, 2012 - 2022 (USD Billion)
4.3. Syphilis testing market estimates and forecasts, 2012 - 2022 (USD Billion)
4.4. Gonorrhea testing market estimates and forecasts, 2012 - 2022 (USD Billion)
4.5. Herpes Simplex Virus testing estimates and forecasts, 2012 - 2022 (USD Billion)
4.6. Human Papilloma Virus testing market estimates and forecasts, 2012 - 2022 (USD Billion)
4.7. Human Immunodeficiency Virus testing market estimates and forecasts, 2012 - 2022 (USD Billion)
4.8. Chancroid testing market estimates and forecasts, 2012 - 2022 (USD Billion)
4.9. Other devices market estimates and forecasts, 2012 - 2022 (USD Billion)
Chapter 5. STD Diagnostics Location of Testing Outlook
5.1. STD diagnostics market share by location of testing, 2014 & 2022
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5.2. Laboratory testing market estimates and forecasts, 2012 - 2022 (USD Billion)
5.2.1. Commercial/Private labs testing market estimates and forecasts, 2012 - 2022 (USD Billion)
5.2.2. Public Health Labs testing market estimates and forecasts, 2012 - 2022 (USD Billion)
5.3. Point of Care (PoC) testing market estimates and forecasts, 2012 - 2022 (USD Billion)
Chapter 6. STD Diagnostics Testing Devices Outlook
6.1. STD diagnostics market share by testing device, 2014 & 2022
6.2. Laboratory devices market estimates and forecasts, 2012 - 2022 (USD Billion)
6.2.1. Thermal Cyclers - PCR market estimates and forecasts, 2012 - 2022 (USD Billion)
6.2.2. Lateral Flow Readers market estimates and forecasts, 2012 - 2022 (USD Billion)
6.2.3. Flow Cytometers market estimates and forecasts, 2012 - 2022 (USD Billion)
6.2.4. Differential Light Scattering machines market estimates and forecasts, 2012 - 2022 (USD Billion)
6.2.5. Absorbance microplate reader - Enzyme Linked Immunosorbent Assay (ELISA) market estimates and
forecasts, 2012 - 2022 (USD Billion)
6.2.6. Others market estimates and forecasts, 2012 - 2022 (USD Billion)
6.3. Point of Care (PoC) testing market estimates and forecasts, 2012 - 2022 (USD Billion)
6.3.1. Phone chips (microfluidics + ICT) market estimates and forecasts , 2012 - 2022 (USD Billion)
6.3.2. Portable/bench top/rapid diagnostic kits market estimates and forecasts, 2012 - 2022 (USD Billion)
Chapter 7. STD Diagnostics Regional Outlook
7.1. North America
7.1.1. North America market, by type, revenue (USD Billion)
7.1.1.1. U.S. market estimates and forecasts
7.1.1.2. Canada market estimates and forecasts
7.1.2. North America market, by location of testing, revenue (USD Billion)
7.1.2.1. U.S. market estimates and forecasts
7.1.2.2. Canada market estimates and forecasts
7.1.3. North America market, by testing device, revenue (USD Billion)
7.1.3.1. U.S. market estimates and forecasts
7.1.3.2. Canada market estimates and forecasts
7.2. Europe
7.2.1. Europe market, by type, revenue (USD Billion)
7.2.1.1. Sweden market estimates and forecasts
7.2.1.2. Germany market estimates and forecasts
7.2.2. Europe market, by location of testing, revenue (USD Billion)
7.2.2.1. Sweden market estimates and forecasts
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7.2.2.2. Germany market estimates and forecasts
7.2.3. Europe market, by testing device, revenue (USD Billion)
7.2.3.1. Sweden market estimates and forecasts
7.2.3.2. Germany market estimates and forecasts
7.3. Asia Pacific
7.3.1. Asia Pacific market, by type, revenue (USD Billion)
7.3.1.1. China market estimates and forecasts
7.3.1.2. India market estimates and forecasts
7.3.2. Asia Pacific market, by location of testing, revenue (USD Billion)
7.3.2.1. China market estimates and forecasts
7.3.2.2. India market estimates and forecasts
7.3.3. Asia Pacific market, by testing device, revenue (USD Billion)
7.3.3.1. China market estimates and forecasts
7.3.3.2. India market estimates and forecasts
7.4. Latin America
7.4.1. Latin America market, by type, revenue (USD Billion)
7.4.1.1. Brazil market estimates and forecasts
7.4.1.2. Mexico market estimates and forecasts
7.4.2. Latin America market, by location of testing, revenue (USD Billion)
7.4.2.1. Brazil market estimates and forecasts
7.4.2.2. Mexico market estimates and forecasts
7.4.3. Latin America market, by testing device, revenue (USD Billion)
7.4.3.1. Brazil market estimates and forecasts
7.4.3.2. Mexico market estimates and forecasts
7.5. MEA
7.5.1. MEA market, by type, revenue (USD Billion)
7.5.1.1. South Africa market estimates and forecasts
7.5.2. MEA market, by location of testing, revenue (USD Billion)
7.5.2.1. South Africa market estimates and forecasts
7.5.3. MEA market, by testing device, revenue (USD Billion)
7.5.3.1. South Africa market estimates and forecasts
Chapter 8. Competitive Landscape
8.1. Becton Dickinson and company
8.1.1. Company Overview
8.1.2. Financial Performance
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8.1.3. Product Benchmarking
8.1.4. Strategic Initiatives
8.2. Roche Holdings AG
8.2.1. Company Overview
8.2.2. Financial Performance
8.2.3. Product Benchmarking
8.2.4. Strategic Initiatives
8.3. Hologic Inc.
8.3.1. Company Overview
8.3.2. Financial Performance
8.3.3. Product Benchmarking
8.3.4. Strategic Initiatives
8.4. BioMerieux
8.4.1. Company Overview
8.4.2. Financial Performance
8.4.3. Product Benchmarking
8.4.4. Strategic Initiatives
8.5. Alere Inc.
8.5.1. Company Overview
8.5.2. Financial Performance
8.5.3. Product Benchmarking
8.5.4. Strategic Initiatives
8.6. Danaher Corporation
8.6.1. Company Overview
8.6.2. Financial Performance
8.6.3. Product Benchmarking
8.6.4. Strategic Initiatives
8.7. Abbott Laboratories
8.7.1. Company Overview
8.7.2. Financial Performance
8.7.3. Product Benchmarking
8.7.4. Strategic Initiatives
8.8. Affymetrix
8.8.1. Company Overview
8.8.2. Financial Performance
8.8.3. Product Benchmarking
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8.8.4. Strategic Initiatives
8.9. DiaSorin
8.9.1. Company Overview
8.9.2. Financial Performance
8.9.3. Product Benchmarking
8.9.4. Strategic Initiatives
8.10. Cepheid Inc.
8.10.1. Company Overview
8.10.2. Financial Performance
8.10.3. Product Benchmarking
8.10.4. Strategic Initiatives
8.11. Orasure
8.11.1. Company Overview
8.11.2. Financial Performance
8.11.3. Product Benchmarking
8.11.4. Strategic Initiatives
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Increasing awareness towards sexually transmitted diseases (STDs) along with rising government initiatives is expected to drive the STD diagnostics market growth in this segment.