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Impact of COVID-19 on Syphilis Testing Market Share to Grow at a CAGR of 1.2% value by 2026

January 29th, 2019 Allied Market Research Releases

UPDATE AVAILABLE ON-DEMAND

“Rising Syphilis cases remain a vital public health issue and is a significant concern across the globe, especially in developing economies. Rising burden of syphilis incidences and implementation of national screening programs are major factors fuelling the growth of Syphilis testing worldwide.”

The global syphilis testing market to reach $3.6 billion by 2020. The secondary syphilis testing would continue to be the largest market segment through 2020. Latin America, Middle East & Africa (LAMEA) market accounted for about 43% revenue share of the global syphilis testing market in 2014.

Rising burden of syphilis incidences and implementation of national screening programs are major factors fuelling the growth of Syphilis testing worldwide. Rising Syphilis cases remain a vital public health issue and is a significant concern across the globe, especially in developing economies. Furthermore, the growing adoption of novel technologies such as Enzyme Immunoassay (EIA) tests, Darkfield microscopy and Microhemagglutination (MHA-TP) assay enables faster and improved screening results – thus provides additional boost to the market growth. However, social stigma associated with patients visiting to STD clinics and large patient pool in remote areas would limit the market growth to a certain extent.

Click Here To Access Free Sample Report @ https://www.alliedmarketresearch.com/request-sample/675

Global Syphilis Testing Market Report provides an overview of the market based on key parameters such as market size, sales, sales analysis and key drivers. The market size of the market is expected to grow on a large scale during the forecast period (2019-2026). This report covers the impact of the latest COVID-19 on the market. The coronavirus epidemic (COVID-19) has affected all aspects of life around the world. This has changed some of the market situation. The main purpose of the research report is to provide users with a broad view of the market. Initial and future assessments of rapidly changing market scenarios and their impact are covered in the report.

LAMEA and Asia Pacific constitute the two largest regions for syphilis testing market and collectively accounted for about 4/5th of the global revenue in 2014. Higher adoption rates for technologically advanced screening tests methods, active measures from governments and private associations along with the growing awareness of syphilis infections, largely contributes to the growth of the market in these regions. Also, rising incidences of syphilis due to men having sex with men (MSM) and implementation of mandatory screening tests for all pregnant women would further foster the growth of syphilis testing market in these regions.

The Major Key Players Are:

Roche Diagnostics, Hologic, Inc., Becton Dickinson & Company, Abbott Laboratories, BioMerieux, Alere Inc., Cepheid Inc., Affymetrix, Inc. and Diasorin.

Key findings of the study:

  • LAMEA will continue to lead the global market, closely followed by Asia Pacific, all through the analysis period
  • United states remains a major market in North America syphilis testing market through 2020
  • Spain and Germany collectively accounts for about one fourth of the Europe syphilis testing market
  • China and India collectively accounts for about 89% share in the Asia Pacific syphilis testing market

For Purchase Enquiry @ https://www.alliedmarketresearch.com/purchase-enquiry/675

Scope of the Report:

Report Attribute Details
Market size available for years 2015-2020
Base year considered 2015
Forecast period 2014-2020
Forecast units Value (USD)
Segments covered Types
Geographies covered North America, Europe, Asia-Pacific, LAMEA

Related Reports:

Biomarker Technologies Market by Product (Consumables, and Instruments), Technology (Polymerase Chain Reaction (PCR), Next Generation Sequencing (NGS), Immunoassay, and Others), and Application (Drug Discovery, Diagnostics, and Personalized Medicine), and Indication (Cancer, Infectious Diseases, Autoimmune Disorders, Cardiovascular Disorders, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2026

Cardiac Biomarkers Testing Market by Type (Myocardial Muscle Creatine Kinase, Troponins, Myoglobin, Brain Natriuretic Peptide, Ischemia-modified Albumin, and Others), Application (Myocardial Infarction, Congestive Heart Failure, Acute Coronary Syndrome, Atherosclerosis, and Others) and Location of Testing (Point of care Testing and Laboratory Testing): Global Opportunity Analysis and Industry Forecast, 2019–2026

Contact:

David Correa
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