Diagnostic Testing of STDs Market is Expected to Register a Considerable Growth by 2026

Diagnostic Testing of STDs Marketby Test Type (Chlamydia, Gonorrhea, Syphilis, HIV, HPV+pap smear, HSV, Chancroid), Diagnostic Test (Culture/Isolation of Organisms, Molecular Test, Immunology Assay, Others), and Region (North America, Europe, Asia-Pacific, and the Rest of the World).

The Diagnostic Testing of Sexually Transmitted Diseases STDs Market is estimated to grow from USD 148.2 billion in 2020 to USD 258.7 billion by 2026 at a healthy CAGR of 9.9% during the forecast period.

Sexually Transmitted Diseases (STDs) are diseases, which spreads typically through person-to-person sexual contact. Early identification or diagnosis of STDs and partner notification which helps to halt further transmission. Bacteria, yeast, parasites, and viruses are the prime causes of STD's. Rapid & early diagnosis of STDs is likely to limit the effects as well as a progression of the disease. If the STDs are left untreated, it can result to more serious & long-term health complications. This leads to demand for diagnostic testing of STDs.

Market Dynamics

The Diagnostic Testing of STDs market is primarily propelled by a surge in patient awareness regarding education campaigns as well as rising government initiatives boost the market growth. Also, the rising population of having multiple casual sex partners further bolsters diagnostic testing. Moreover, an increasing number of technologically developed products in the field of diagnostics, offer more precise testing results, thus augmenting the market growth during the forecast timeline.

The outbreak of COVID-19 moderately affected the diagnostic testing of STDs industry. Screening rates for diseases such as gonorrhea and chlamydia plummeted during the COVID-19 pandemic along with the weekly positivity rates increased. The researchers found out that testing & screening for sexually transmitted infections had plunged by 63% for men and 59% for women during the early months of the COVID-19 pandemic.

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