The Std Self Diagnostics Market report by Persistence Market Research goes by the changing trend of consumerism all across the healthcare vertical. “Going cashless” is amongst the “new” normals. Inorganic growth has also picked up. Key participants of the healthcare value chain – both – private and public – have joined hands for competing in the ever-demanding landscape.
Besides this both developed and developing countries elevated their healthcare expenditure and spent in new technologies and Research and Development to increase heath quality of population. According to WHO, US$ 8.3 trillion was spent on healthcare in 2020 globally. Therefore, all these factors can help in growth of STD self-diagnostics during the forecast period from 2021 to 2031.
STD self-diagnostics become a saviour because it does not require any medical professional, anyone can do self-testing in without any medical assistance within few minutes. It is rapid, easily available, and affordable. Therefore, all these factors drive the STD self-diagnostics sales during the forecast period.
Also, the presence of key players, advancement and adoption of new technologies played a vital role in increasing growth for the STD self-diagnostics in the region.
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For Instances, in march 2021, European Centre for Disease Prevention and Control initiated novel strategies and approaches (using existing and/or novel testing technologies) on access testing on key populations at-risk for sexually transmitted infections.
- Danaher Corporation
- Affymetrix
- BioMerieux
- Cepheid Inc.
- Bio-Rad Laboratories
- Alere Inc.
- DiaSorin
- Orasure
- F. Hoffmann-La Roche
- Abbott Laboratories
- Becton Dickinson and Company
- Hologic Inc.
They follow certain strategies to be in the market like expansion, investment in R&D, patent gaining, new product launch, merger and acquisition.
For instance, in May 2020, F. Hoffmann-La Roche Ltd has acquired Stratos Genomics. This enhances the diagnosis segment of the company.
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Key Segments
By Product Type
- Testing Kit
- Testing Device
- Testing Strip/chip
By Testing Type
- Chlamydia Testing
- Gonorrhoea Testing
- Hepatitis C Testing
- HIV Testing
- Syphilis Testing
- Trichomonas’s Testing
By Usability
- Reusable
- Disposable
By End Users
- Hospitals
- Homecare
- Diagnostic Centres
- Others
By Region
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- The Middle East and Africa
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