STD Reimbursement Scenario Market Analysis Insights by Latest Trends, Future Growth, Revenue and Demand
STD Testing Market by Disease Type and Testing Location: Global Opportunity Analysis and Industry Forecast, 2021-2030.
PORTLAND, OREGON, USA, Jan. 18, 2022 /EINPresswire.com/ — STD market growth is being strongly driven by high incidence rates and rising prevalence rates of STDs such as chlamydia, syphilis and gonorrhea. Additionally, the implementation of national screening programs to improve and increase the diagnosis of STDs in many key geographies such as the US, UK and Canada, and support for reimbursement of screening tests of STDs are further supporting the growth of the sexually transmitted disease (STD) testing market.
However, there is a social stigma associated with patients visiting STD clinics that prevent patients from diagnosing STDs. Additionally, a large proportion of patients infected with STDs are based in geographically inaccessible areas, which greatly limits the diagnosis of STDs. These factors are expected to restrain the growth of the STD testing market.
𝐋𝐢𝐬𝐭 𝐨𝐟 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:
This report provides comprehensive competitive analysis and profiles of leading players in the market such as Abbott Laboratories, Becton Dickinson Company, BioMérieux, Inc., Bio-Rad Laboratories, Inc., Danaher Corporation, Diasorin Molecular LLC, Hologic , Inc., Orasure Technologies, Inc., Roche Holding AG and Thermo Fisher Scientific Inc.
Currently, STDs are considered one of the most critical health problems globally. Chlamydia, gonorrhea, and herpes simplex virus are some of the most common STDs. The STD testing market has grown in prominence in recent years due to the high prevalence of major STDs in the world and hence the increased need for STD diagnosis. However, the limited access to STD diagnosis among the majority of the population in developing regions is expected to restrain the growth of the sexually transmitted disease (STD) testing market.
By disease type, the chlamydia testing segment is the largest revenue contributor and the gonorrhea segment is expected to show the fastest growth rate of 7.3%. This is attributed to the increased prevalence of gonorrhea over the past decade.
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