Based on a recent report by Transparency Market Research, titled, “Sexually Transmitted Disease Testing Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024,” this market has been prophesized to showcase a dramatic rise as a result of rising number of diseases spread by sexual contact. These diseases need to be tested before they can be subjected to treatment.
Not many people are aware about the spread of sexually transmitted diseases (STDs), which has proven to be a fundamental fuelling factor for the associated market. Due to such negligence, people might realize that they have contracted a sexually transmitted disease, which pushes the need to get themselves tested. This is a prominent driver for the global sexually transmitted disease testing market, all over the globe. Many people take part in unprotected sex, which might cause them to contract STDs, especially in case of untrustworthy partner from the perspective of harboring such diseases and overall hygiene. Getting infected by diseases through unprotected sex is a crucial factor that has led towards increased number of testing activities, thus propelling the market.
Region-wise, the global sexually transmitted disease testing market has been segregated into four main segments: Europe, North America, Asia Pacific, and Rest of the World. With surging number of disease occurrences being recorded in North America, this region has taken up a leading spot. Recent outbreaks of Zika virus through sexual transmission in Africa and South America have also brought these regions under the radar of keen players.
Regarding the vendor landscape, most market players focus on obtaining efficiency through their testing equipment, which has been a key pointer for maintaining a tough competition. Bayer AG, Abbott Laboratories, Merck and Company Inc., and Home Access Health Inc., are some of the key players present in the global sexually transmitted diseases market.
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