Global sexually transmitted diseases (STD) treatment market is expected to reach USD 84.81 million by 2026, at a CAGR of 11.54% from 2019 to 2026. The key contributing factors for the market growth are increasing occurrence of sexually transmitted diseases, implementation of national screening programs, and supporting reimbursement for sexually transmitted diseases (STD) testing.
The sexually transmitted diseases (STDs) denotes to a varied clinical syndromes and infections initiated by pathogens that can be developed and spread through sexual activity. The STDs are detected through various tests such as physical examination or assays, rapid plasma reagin test, or antibody-absorption blood test. The STDs occurrences are increasingly globally as well as increasing governmental initiatives for STD screening programs has increased the growth rate of the market. For instance, in 2016, Centers for Disease Control and Prevention (CDC) stated that U.S. reported 1,598,354 cases of Chlamydia trachomatis infection and 468,514 gonorrhea cases. This increasing occurrence of STDs is due to the insecure sexual practices that has in turn driven the STDs treatment demand.
Global Sexually Transmitted Diseases (STD) Treatment Market Key Findings:
All the segments have been analysed on global, regional and country basis. The study includes the analysis of more than 30 countries for each segment.
The sexually transmitted diseases (STD) treatment market is segmented on the basis of disease type, therapy type, testing devices, route of administration, and distribution channels.
Regional Segmentation Analysis:
The market is analysed on the basis of five regions namely North America, Europe, Asia Pacific, South America, and Middle East and Africa. North America region dominated the global sexually transmitted diseases (STD) treatment market with USD 13.47 billion in 2018 where as the Asia Pacific region held the second dominant position in the market.
Global Sexually Transmitted Diseases (STD) Treatment Market Competitive Analysis:
Key players in the sexually transmitted diseases (STD) treatment market are Merck & Co. Inc., Pfizer Inc, GlaxoSmithKline Plc, F. Hoffmann-La Roche AG, Gilead Sciences Inc., AbbVie Inc., Johnson & Johnson, Bristol-Myers Squibb, Eli Lilly and Company, Abbott Laboratories, Hologic, Inc., Cepheid Inc., DiaSorin Inc., Becton Dickinson And Company, and others. The Merck & Co. Inc., Pfizer Inc, GlaxoSmithKline Plc, F. Hoffmann-La Roche AG, and Gilead Sciences Inc. are the top leading players of the market. For instance, in 2018, Inovio Pharmaceuticals, Inc. signed an agreement with ApolloBio Corp. for the exclusive rights for development, manufacturing, and commercialization of VGX – 3100, Inovio’s DNA immunotherapy product. This product is used for pre-cancer indication.
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This study forecasts revenue and volume growth at global, regional, and country levels from 2016 to 2026. Fior Markets has segmented the global sexually transmitted diseases (STD) treatment market on the basis of below mentioned segments:
Global Sexually Transmitted Diseases (STD) Treatment Market, By Disease Type:
Global Sexually Transmitted Diseases (STD) Treatment Market, By Therapy Type:
Global Sexually Transmitted Diseases (STD) Treatment Market, By Testing Devices:
Global Sexually Transmitted Diseases (STD) Treatment Market, By Route of Administration:
Global Sexually Transmitted Diseases (STD) Treatment Market, By Distribution Channels:
Global Sexually Transmitted Diseases (STD) Treatment Market, By Regions:
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