Syphilis Testing Industry: 2018-2022 Global Market Forecasts and Analysis
MarketResearchNest.com adds “Global Syphilis Testing Market 2018-2022”new report to its research database. The report spread across 112 pages with table and figures in it.
About Syphilis Testing:- Syphilis is a sexually transmitted disease or infection (STD or STI) caused by the bacteria Treponema pallidum.
Research analysts forecast the global syphilis testing market to grow at a CAGR of 2.12% during the period 2018-2022.
Covered in this report:- The report covers the present scenario and the growth prospects of the global syphilis testing market for 2018-2022. To calculate the market size, the report considers the revenue generated from the retail sales ofkits, reagents, and instruments used in syphilis testing.
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The market is divided into the following segments based on geography:
Technavio’s report, Global Syphilis Testing Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Technavio recognizes the following companies as the key players in the global syphilis testing market: Abbott, Beckman Coulter, Bio-Rad Laboratories, F. Hoffmann-La Roche, and Siemens Healthcare
Commenting on the report, an analyst from Research team said: “The latest trend gaining momentum in the market is increase in premarital screening. Premarital screening is a health assessment test for soon-to-be married couples who are tested for infectious diseases, possibility of genetic diseases, and transmissible diseases.”
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According to the report, one of the major drivers for this market is Increase in prevalence of syphilis. STDs refer to a group of illnesses that can be transmitted from one person to another through the sharing of body fluids, blood, and vaginal fluids. STDs include more than 25-30 infectious diseases that are spread through sexual activity and syphilis is one of them. Syphilis is a genital ulcerative disease caused by the bacterium T. pallidum. Syphilis has mild initial symptoms like a painless sore or no symptoms at all. As the disease progresses, severe rashes appear, and the disease eventually causes blindness or damage to internal organs and death.
Further, the report states that one of the major factors hindering the growth of this market is Lack of trained professionals. Clinical laboratories and diagnostic centers require trained specialists in medical diagnostics. However, there is a global shortage of these specialists in diagnostic centers and hospitals. Generally, most rural hospitals in the US face issues such as limited patient volume to justify hiring specialists who charge high. Most times, the expenses associated with bringing specialists in-house is cost prohibitive, especially for smaller medical facilities. Limited public spending, decline in funding, and controlled allocation of funds to laboratories for quality assurance are some of the reasons for lack of specialists in countries such as India.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key questions answered in this report: – What will the market size be in 2022 and what will the growth rate be?; What are the key market trends?; What are the challenges to market growth?; Who are the key vendors in this market space?;
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