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STD Testing Device Trends and Forecast
The future of the global STD testing device market looks promising with opportunities in the hospital and clinic, diagnostics laboratory, and research and academic center markets. The global STD testing device market is expected reach an estimated $120 million by 2030 with a CAGR of 4.5% from 2024 to 2030. The major drivers for this market are government programs for early diagnosis and treatment are growing, an increase in public awareness and patient education, as well as, increasing demand for advanced technologies.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
STD Testing Device by Segment
The study includes a forecast for the global STD Testing Device by type, end use, and region.
STD Testing Device Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Laboratory Devices
• Point Of Care Devices
STD Testing Device Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Hospitals And Clinics
• Diagnostics Laboratories
• Research And Academic Centers
• Others
STD Testing Device Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of STD Testing Device Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies STD Testing Device companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the STD Testing Device companies profiled in this report include-
• Abbott
• Medmira
• Qaigen
• Thermo Fisher Scientific
• Cepheid
• Hoffmann-La Roche
• Diasorin
• Bio-Rad Laboratories
• Biomeriuex
• Becton Dickinson
STD Testing Device Market Insights
Lucintel forecasts that laboratory device will remain the larger segment over the forecast period.
North America will remain the largest region over the forecast period due to increased patient volume, increased STI prevalence, a vast selection of STD testing kits available, and increased public knowledge of sti causes and treatments.
Features of the Global STD Testing Device Market
Market Size Estimates: STD testing devices market size estimation in terms of value ($M).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: STD testing devices market size by type, end use, and region in terms of value ($M).
Regional Analysis: STD testing devices market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, end use, and regions for the STD Testing Device market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the STD Testing Device market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the STD testing device market size?
Answer: The global STD testing device market is expected to reach an estimated $120 million by 2030.
Q2. What is the growth forecast for STD Testing Device market?
Answer: The global STD testing device market is expected to grow with a CAGR of 4.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the STD Testing Device market?
Answer: The major drivers for this market are government programs for early diagnosis and treatment are growing, an increase in public awareness and patient education, as well as, increasing demand for advanced technologies.
Q4. What are the major segments for STD Testing Device market?
Answer: The future of the global STD testing device market looks promising with opportunities in the hospital and clinic, diagnostics laboratory, and research and academic center markets.
Q5. Who are the key STD testing device market companies?
Answer: Some of the key STD Testing Device companies are as follows:
• Abbott
• Medmira
• Qaigen
• Thermo Fisher Scientific
• Cepheid
• Hoffmann-La Roche
• Diasorin
• Bio-Rad Laboratories
• Biomeriuex
• Becton Dickinson
Q6. Which STD testing device market segment will be the largest in future?
Answer: Lucintel forecasts that laboratory device will remain the larger segment over the forecast period.
Q7. In STD Testing Device market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to increased patient volume, increased STI prevalence, a vast selection of STD testing kits available, and increased public knowledge of sti causes and treatments.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the STD testing device market by type (laboratory devices and point of care devices), end use (hospitals and clinics, diagnostics laboratories, research and academic centers, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Std Testing Device Market, Std Testing Device Market Size, Std Testing Device Market Growth, Std Testing Device Market Analysis, Std Testing Device Market Report, Std Testing Device Market Share, Std Testing Device Market Trends, Std Testing Device Market Forecast, Std Testing Device Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global STD Testing Device Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global STD Testing Device Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global STD Testing Device Market by Type
3.3.1: Laboratory Devices
3.3.2: Point of Care Devices
3.4: Global STD Testing Device Market by End Use
3.4.1: Hospitals and Clinics
3.4.2: Diagnostics Laboratories
3.4.3: Research and Academic Centers
3.4.4: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global STD Testing Device Market by Region
4.2: North American STD Testing Device Market
4.2.2: North American STD Testing Device Market by End Use: Hospitals and Clinics, Diagnostics Laboratories, Research and Academic Centers, and Others
4.3: European STD Testing Device Market
4.3.1: European STD Testing Device Market by Type: Laboratory Devices and Point of Care Devices
4.3.2: European STD Testing Device Market by End Use: Hospitals and Clinics, Diagnostics Laboratories, Research and Academic Centers, and Others
4.4: APAC STD Testing Device Market
4.4.1: APAC STD Testing Device Market by Type: Laboratory Devices and Point of Care Devices
4.4.2: APAC STD Testing Device Market by End Use: Hospitals and Clinics, Diagnostics Laboratories, Research and Academic Centers, and Others
4.5: ROW STD Testing Device Market
4.5.1: ROW STD Testing Device Market by Type: Laboratory Devices and Point of Care Devices
4.5.2: ROW STD Testing Device Market by End Use: Hospitals and Clinics, Diagnostics Laboratories, Research and Academic Centers, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global STD Testing Device Market by Type
6.1.2: Growth Opportunities for the Global STD Testing Device Market by End Use
6.1.3: Growth Opportunities for the Global STD Testing Device Market by Region
6.2: Emerging Trends in the Global STD Testing Device Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global STD Testing Device Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global STD Testing Device Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Abbott
7.2: MedMira
7.3: Qaigen
7.4: Thermo Fisher Scientific
7.5: Cepheid
7.6: Hoffmann-La Roche
7.7: Diasorin
7.8: Bio-Rad Laboratories
7.9: bioMeriuex
7.10: Becton Dickinson
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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