Sexually Transmitted Infections (STIs) Market is Probable to Influence the Value of USD 122.93 Billion by 2023
In a recent market intelligence study conducted by Data Bridge Market Research, the Sexually Transmitted Infections (STIs) Market was thoroughly examined. The newly released report showcases a captivating layout, presenting crucial data through visually engaging tables, graphs, charts, and figures. By integrating these well-designed visual elements, the report aims to bolster the accuracy and precision of the information presented, allowing readers to gain a comprehensive understanding of the subject matter.
The Sexually Transmitted Infections (STIs) market research report presents a comprehensive analysis of the market, covering various aspects to provide valuable insights. It examines the market status, growth rate, future trends, market drivers, opportunities, challenges, risks, and entry barriers. The report also explores sales channels, distributors, and conducts Porter’s Five Forces Analysis to assess the industry’s competitive landscape. The well-structured report interprets and categorizes market research data, bringing a clear focus on the marketplace. It breaks down global data by manufacturers, regions, types, and applications, offering a detailed analysis of market status, market share, growth rate, and future trends. By analyzing multiple factors, including market dynamics, the report provides a rigorous assessment of the current market scenario.
Data Bridge Market Research analyses that the sexually transmitted infections (STIs) market was valued at USD 49.51 billion in 2021 and is expected to reach USD 122.93 billion by 2029, registering a CAGR of 12.04% during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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The report further categorizes the market data by companies, regions, types, and end-use industries. Additionally, it includes a competitive analysis that sheds light on the strategies employed by major players in the market. These strategies encompass new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and more, all contributing to their market presence and growth. Each of these parameters is deeply researched to offer enhanced and actionable market insights.
The Sexually Transmitted Infections (STIs) market research report is dedicated to providing superior, transparent, and all-inclusive information to its clients, enabling them to make informed decisions and expand their reach towards success. By combining in-depth analysis and comprehensive data, the report serves as a valuable resource for businesses seeking to understand the market landscape and formulate effective strategies to thrive in the industry.
Drivers:
- High prevalence rate of sexually transmitted infections (STIs)
The rise in prevalence rate of sexually transmitted infections (STIs) across the globe will act as a major driver that will result in the expansion of the growth rate of the market. As per the World Health Organization (WHO) estimation approximately 374 million new infections with one of four sexually transmitted infections (STIs) will occur in 2020: gonorrhoea (82 million), chlamydia (129 million), syphilis (7.1 million), and trichomoniasis (156 million). Vaginal discharge, genital ulcers, urethral discharge or burning in males and abdominal pain are all common STI symptoms.
- Increasing investment for healthcare infrastructure
Another significant factor influencing the growth rate of sexually transmitted infections (STIs) market is the rising healthcare expenditure which helps in improving its infrastructure. Also, various government organizations aims to improve the healthcare infrastructure by increasing funding and this will further influence the market dynamics.
The report outlines the involvement of key players, including:
- Pfizer Inc. (U.S.)
- GlaxoSmithKline plc (U.K.)
- Novartis AG (Switzerland)
- Mylan N.V. (U.S.)
- Teva Pharmaceutical Industries Ltd. (Israel)
- Sanofi (France)
- AstraZeneca (U.K.)
- Johnson & Johnson Private Limited (U.S.)
- Merck & Co., Inc. (U.S.)
- F. Hoffmann-La Roche Ltd. (Switzerland)
- Bayer AG (Germany)
- Eli Lilly and Company (U.S.)
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Key Market Segmentation
Type (HIV/AIDS, Human Papilloma Virus (HPV), Gonorrhea, Syphilis, Others), Treatment (Antibiotics, Antiviral), Route of Administration (Oral, Parenteral, Others), Location of Testing (Laboratory Testing, Point-of-care (POC) Testing), End-Users (Hospitals, Specialty Clinics, Homecare, Others), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy, Others)
The Sexually Transmitted Infections (STIs) market report includes the following countries in different regions:
The regions mentioned above encompass a comprehensive coverage of key markets, offering a global perspective on the market landscape. Here’s an overview of the regions and the countries they include:
- North America: United States, Canada, and Mexico.
- Europe: Germany, France, United Kingdom, Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, and other European countries.
- Asia-Pacific (APAC): China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and other Asia-Pacific countries.
- Middle East and Africa (MEA): Saudi Arabia, United Arab Emirates (U.A.E), South Africa, Egypt, Israel, and other countries in the Middle East and Africa region.
- South America: Brazil, Argentina, and other countries in South America.
These regions represent significant economic and industrial hubs with diverse consumer markets, and their inclusion in market research provides valuable insights for businesses seeking to expand or understand global trends. By analyzing the market dynamics in these regions, companies can make informed decisions and develop strategies that cater to different regional demands and preferences.
North America dominates the sexually transmitted infections (STIs) market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period. This is due to the growing demand for specific treatment and rising healthcare expenditure will further propel the market’s growth rate in this region. Additionally, presence of major key players and rise in adoption of newer technologies will further propel the market’s growth rate in this region.
Asia-Pacific is expected to be the fastest growing region during the forecast period of 2022-2029 due to growing cases of sexually transmitted infections (STIs) in this region. Also, development of healthcare infrastructure and rising government initiatives will further propel the market’s growth rate in this region.
TABLE OF CONTENTS
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Pipeline Analysis
Part 06: Market Sizing
Part 07: Five Forces Analysis
Part 08: Market Segmentation
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers And Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix
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