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. 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.
The global syphilis testing market is expected to garner $3,650.3 million by 2020, registering a CAGR of 1.2% during the period 2014-2020. 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 syphilis testing market in 2014.
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LAMEA and Asia Pacificconstitute 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.
·
Diasorin.
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Key
findings of Syphilis Testing Market:
- 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 the North Americasyphilis
testing market through 2020
- Spainand Germanycollectively accounts for about one fourth of the
Europesyphilis testing market
- ChinaandIndiacollectively accounts for about 89% share in theAsia
Pacificsyphilis testing market
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