According to IMARC Group’s latest research report, titled “Syphilis Testing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights on the syphilis testing market. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global syphilis testing market size reached US$ 1.15 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 1.63 Billion by 2028, exhibiting a growth rate (CAGR) of 5.8% during 2023-2028.
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Syphilis Testing Market Outlook:
Syphilis represents a sexually transmitted infection (STI) that is generally caused by sexual contact and is spread amongst individuals through the skin or mucous membrane touch. It starts as a painless sore on the genitals and rectum of the mouth. If left untreated, STI might trigger complications of tertiary syphilis. Rapid plasma reagin (RPR) and venereal diseases research laboratory (VDRL) are standard testing practices that practitioners are using. These approaches provide early detection for better treatment and mitigate the spread and development of sexually transmitted diseases (STDs). Consequently, STI testing is frequently used in laboratories and point-of-care (PoC) centers.
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Syphilis Testing Market Trends:
The increasing awareness regarding STD treatment is among the key factors stimulating the syphilis testing market. Moreover, government bodies of numerous countries and different non-governmental organizations (NGOs) are actively undertaking campaigns to sensitize the common mass regarding the prevention of sexually transmitted diseases, such as syphilis, and the available treatment options, which is also propelling the market growth. Besides this, the widespread adoption of syphilis testing kits, such as syphilis rapid test strips, as they offer at-home testing with effective diagnostic results and thus timely decision-making, is positively influencing the global market. Furthermore, continuous improvements in the healthcare sector and the recent research and development (R&D) activities to launch effective treatment alternatives are further fueling the market growth. Apart from this, the increasing incidences of unprotected sexual intercourse, the launch of effective screening programs, and the growing focus on the early diagnosis of the disease are anticipated to fuel the syphilis testing market over the forecasted period.
Key Market Segmentation:
Competitive Landscape with Key Players:
Abbott Laboratories
Becton Dickinson and Company
Bio-Rad Laboratories Inc.
Danaher Corporation
DRG International Inc. (BioCheck Inc.)
F. Hoffmann-La Roche AG
Siemens Healthineers AG (Siemens AG)
Thermo Fisher Scientific Inc.
Type Insights:
Primary and Secondary Syphilis
Latent and Tertiary Syphilis
Location of Testing Insights:
Laboratory Testing
Point-of-Care (POC) Testing
Breakup by Region:
North America (United States, Canada)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
Market Performance
Market Outlook
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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Discovered on: 2023-06-13 08:42:08
Source: Syphilis Testing Market Analysis, Trend, Growth Rate, and Forecast 2023-202…
