Gonorrhea Diagnostics Market: Development of Novel Diagnostic Techniques to Bode Well for Growth
Changing lifestyles of people around the world and the widening base of the sexually active population are among the primary factors behind the increasing prevalence of gonorrhea, which in turn forms the foundation for the development of the global gonorrhea diagnostics market. A research report by Transparency Market Research (TMR), titled “Gonorrhea Diagnostics Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015–2023,” serves as a highly dependable business tool extensively covering all the important aspects of the market.
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Rapid advancements in diagnostic techniques coupled with the development of novel techniques are stoking the growth of the market. In recent times, several instances of antibiotic resistant strains in patients have been reported. Such instances are escalating the demand for early diagnostic kits or tests worldwide, thereby positively impacting the growth of the market. However, the lack of appropriate infrastructure and trained laboratory personnel, especially in developing countries, is inhibiting the growth of the market. Nevertheless, the increasing awareness among people is likely to augur well for the growth of the market.
On the basis of tests, the global gonorrhea diagnostics market can be divided into flow cytometry, diagnostic imaging, chromatography, gel microdroplets, liposomes, artificial intelligence, molecular diagnostics, differential light scattering (DLS), and monoclonal antibodies test. Among these, the preference for molecular diagnostics is high, owing to its high sensitivity and efficiency.
From a geographical standpoint, the report segments the global anti-thrombin market into North America, Europe, Latin America, Asia Pacific, and the Middle East and Africa. The global market is primarily driven by developed regions such as Europe and North America. The presence of a large number of point of care diagnostic test centers, rising prevalence of gonorrhea, and high awareness among the populace regarding various sexually transmitted diseases are rendering these regions highly lucrative. Governments are also playing a vital part by encouraging people to take the pelvic examination on an annual basis.
Asia Pacific is expected to post a significant CAGR during the forecast period. The rising disposable income and changing lifestyles of the populace are contributing to the growth of the region. Moreover, a number of new and special cases of gonorrhea have shown up over the last decade, which has stirred up concerns among government agencies and researchers. This is translating into the increased number of clinical trials in Asia Pacific, which is working in favor of the growth of the region. However, the lack of infrastructure and skilled personnel is hampering the growth prospects of the region.
Mergers and acquisitions are the primary strategies adopted by key players in the global gonorrhea diagnostics market to stay ahead in this highly competitive arena. Some of the prominent participants in the market are Tosoh Corporation, Siemens AG, Abbott Laboratories, PerkinElmer Inc., Ortho Clinical Diagnostics, Beckman Coulter Inc., bioMérieux, and F. Hoffmann-La Roche AG.
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