Human Papilloma Virus Testing and Pap Test Market to Hit USD 18.23 Bn | Market Share, Trends, Analysis and Forecast 2032
Increasing cases of Human Papilloma Virus (HPV) infections resulting in rising prevalence of cervical cancer is one of the major factors
VANCOUVER, B.C., CANADA, July 4, 2023/EINPresswire.com/ -- The global Human Papilloma Virus (HPV) testing and pap test market1 size reached USD 5.20 Billion in 2022 and is expected to register a revenue CAGR of 13.4% during the forecast period, according to latest analysis by Emergen Research.
Increasing cases of Human Papilloma Virus (HPV) infections resulting in rising prevalence of cervical cancer, growing initiatives by governments and organizations for promoting cervical cancer screening programs and awareness in developing countries, and rapid technological advancement in HPV diagnostics and cervical cancer screening techniques are some of the key factor driving revenue growth of the Human Papilloma Virus (HPV) testing and pap test market.
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HPV testing has several advantages, including comparable or greater sensitivity than pap smears, the ability to identify women at high risk for future disease, a lower technician level of competence than cytology, and the option of self-collection as a primary screening approach, which is driving revenue growth of the market. Many commercial HPV tests are available, but only those that have been supported by science should be used in cervical cancer screening programs.
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The 250-page report by Emergen Research contains 194 tables and 189 charts and graphs. Anyone in need of a commercial, in-depth assessment of the global Human Papilloma Virus Testing and Pap Test market and comprehensive market segment analysis can benefit from our new research. With the latest research, you can estimate the entire Human Papilloma Virus Testing and Pap Test regional and global markets. To grow your market share, get financial analysis of the entire market and its various segments. We believe there is great potential for fast-growing energy storage technology in this industry. Find out how to leverage current and potential revenue streams in this area. Research also helps you make better strategic decisions, allowing you to formulate growth strategies, enhance competitive analysis, and improve business productivity.
Competitive Terrain:
The global Human Papilloma Virus Testing and Pap Test industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
Leading Market Players Profiled in the Report:
Abbott., Hoffmann-La Roche Ltd., QIAGEN., Hologic, Inc., Femasys, Inc., Becton, Dickinson and Company, Integra LifeSciences Corporation, Thermo Fisher Scientific, Inc., BioMérieux SA, and OmniPathology.
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Some key highlights in the report:
The cervical cancer screening segment accounted for the largest revenue share in 2022. Cervical cancer can typically be avoided by scheduling routine pap testing and Human Papilloma Virus (HPV) testing to identify and treat precancers. Rising incidences of cervical cancer cases across the globe are driving major global nonprofit organizations and governments to launch initiatives for increasing the reach of cervical cancer screening programs, which is rising the demand for HPV testing and pap tests globally.
The hybrid capture technology segment is expected to grow at a steady revenue CAGR during the forecast period. Hybrid capture technology is based on the development of RNA-DNA hybrids among HPV DNA found in clinical samples and complementary unmarked HPV RNA probes. High sensitivity and positive predictive value against bad outcomes are two benefits. Consequently, the likelihood of a woman having any cervical lesions in the next five years is incredibly low if she has a negative HPV test result.
North America accounted for a significant revenue share in 2022. The Human Papilloma Virus (HPV) testing and pap test market is growing in this region, owing to the presence of key market companies, rising cases of cervical cancer, and growing government initiatives for the promotion of cervical cancer testing and screening, especially in U.S. One of the leading causes of cancer death for American women in the past was cervical cancer.
Emergen Research has segmented the global Human Papilloma Virus (HPV) testing and pap test market on the basis of product type, technology, application, end-use, and region:
Test Type Outlook (Revenue, USD Billion; 2019-2032)
HPV Testing
Pap Smear Test
Technology Type Outlook (Revenue, USD Billion; 2019-2032)
Polymerase Chain Reaction (PCR)
Hybrid Capture Technology
Immunodiagnostics
Others
Application Outlook (Revenue, USD Billion; 2019-2032)
Cervical Cancer Screening
Vaginal Cancer Screening
End-Use Outlook (Revenue, USD Billion; 2019-2032)
Hospitals & Clinics
Diagnostic Laboratories
Others
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Regional Overview:
The global Human Papilloma Virus Testing and Pap Test market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. It evaluates the presence of the global Human Papilloma Virus Testing and Pap Test market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements.
Global Human Papilloma Virus Testing and Pap Test Market Report – Table of Contents:
Chapter 1 includes the global Human Papilloma Virus Testing and Pap Test market introduction, followed by the market scope, product offerings, growth opportunities, market risks, driving forces, and others.
Chapter 2 broadly categorizes the Human Papilloma Virus Testing and Pap Test market on the basis of geography, and determines the sales, revenue, and market shares of each region over the estimated period.
Chapter 3 elaborates on the competitive outlook of the Human Papilloma Virus Testing and Pap Test market, focusing on the major manufacturers and vendor landscape.
Chapter 4 exhaustively studies the key manufacturers of the Human Papilloma Virus Testing and Pap Test industry, along with their anticipated sales and revenue shares.
Chapters 5 includes market segmentation based on product type, application range, and market players.
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