Global Syphilis Immunoassay Diagnostics Market Size Study, by Product Type (Analyzers, Kits and Reagents), by Technology (CLIA, ELISA), by End User (Blood Banks, Diagnostic Labs, Hospitals) and Regional Forecasts 2022-2032
The Global Syphilis Immunoassay Diagnostics Market was valued at approximately USD 337.97 million in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 3.5% over the forecast period from 2024 to 2032. Syphilis, a significant bacterial infection impacting both men and women, requires meticulous clinical suspicion and routine screening, particularly among high-risk patients, making laboratory testing indispensable for diagnosis. Recent advancements in faster, automated treponemal testing have revolutionized syphilis screening strategies, enhancing diagnostic efficiency.
The market growth is driven by various socioeconomic factors, including the rising prevalence of sexually transmitted diseases (STDs) and an increase in sexual activities influenced by substances like heroin, cocaine, methamphetamine, cannabis, benzodiazepines, and alcohol. Additionally, the alarming rise in fatal syphilis infections, increased availability of testing facilities, technological advancements in testing, and the advent of on-the-spot testing significantly contribute to the market expansion. According to the World Health Organization (WHO), in 2020, there were approximately 374 million new infections involving chlamydia, gonorrhea, syphilis, and trichomoniasis, underscoring the critical need for advanced diagnostic solutions. However, market growth is hampered by a lack of awareness in emerging economies. Despite this, the untapped potential in these regions and continuous advancements in the Syphilis Immunoassay Diagnostics industry offer substantial growth opportunities. The comprehensive market evaluation encompasses an analysis of key segments, trends, drivers, restraints, and competitive dynamics that play a pivotal role in the market's trajectory.
In 2023, North America emerged as the dominant region, buoyed by a high prevalence of syphilis, an increase in market players, and a surge in testing facilities. The Asia-Pacific region is anticipated to witness the highest CAGR during the forecast period, driven by the large populations in countries like India and China, which contribute to higher STD prevalence rates and dynamic market strategies adopted by key players.
Major market players included in this report are:BioMerieux SA
Becton Dickinson & Company
Shenzhen New Industries Biomedical Engineering Co. Ltd
Fujirebio
Siemens Healthineers AG
BioRad Laboratories Inc
F. Hoffmann-La Roche AG
Abbott Laboratories
Danaher Corporation
Diasorin S.P.A
The detailed segments and sub-segments of the market are explained below:By Product Type:
• Analyzers
• Kits and Reagents
By Technology:
• CLIA
• ELISA
By End User:
• Blood Banks
• Diagnostic Labs
• Hospitals
By Region:
• North America
U.S.
Canada
• Europe
UK
Germany
France
Spain
Italy
ROE
• Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
• Latin America
Brazil
Mexico
RoLA
• Middle East & Africa
Saudi Arabia
South Africa
RoMEA
Years considered for the study are as follows:• Historical year – 2022
• Base year – 2023
• Forecast period – 2024 to 2032
Key Takeaways:• Market Estimates & Forecast for 10 years from 2022 to 2032.
• Annualized revenues and regional level analysis for each market segment.
• Detailed analysis of geographical landscape with Country level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Analysis of competitive structure of the market.
• Demand side and supply side analysis of the market.
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