North American STD diagnostics market is growing at a CAGR of around 8.2% during the forecast period. North America is considered to be the dominating country due to various factors such as R&D, high healthcare expenditure, rising number of STD patients. North America has one of the strongest economies globally, as it comprises more than 27.8% of the world’s economy as per World Economic Forum. North American STD diagnostics market comprises two countries including the US and Canada. North America spends almost 17.20% of GDP on healthcare expenditure, whereas Canada spends 10.60% of GDP on healthcare. Accordingly, the expenditure rate of the US is more than Canada, as the country invests more on R&D and there are ample of opportunities. The major factors that are driving the North American STD diagnostics market include rising healthcare spending, R&D investments, high quality of healthcare infrastructure, demand for treatment and care and other factors.
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Further, the presence of the key players such as Abbott Laboratories, Inc., Becton, Dickinson and Co., Danaher Corp., Eli Lilly and Co., F. Hoffmann-La Roche Ltd., Merck KGaA, Thermo Fisher Scientific, Inc. among others are also affecting the North American STD diagnostics market. The STD diagnostics key players are adopting various strategies such as new product launches and approvals, merger and acquisition, partnerships and collaborations, and many others in order to thrive in a competitive environment.
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- Market Coverage
- Market number available for – 2019-2025
- Base year- 2019
- Forecast period- 2020-2025
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
North American STD Diagnostics Market by Disease Type
- Chlamydia
- Syphilis
- Gonorrhea
- Herpes Simplex Virus (HSV)
- Human Papilloma Virus (HPV)
- Human Immunodeficiency Virus (HIV)
- Others
North American STD Diagnostics Market by Product
- Laboratory Testing Devices
- Point-of-Care (POC) Testing Devices
North American STD Diagnostics Market by End-user
- Hospitals and Clinics
- Diagnostic Centers
- Homecare
Regional Analysis
- United States
- Canada
Company Profiles
- Abbott Laboratories, Inc.
- AbbVie Inc.
- Becton, Dickinson and Co.
- Biocartis NV
- Bio-Rad Laboratories, Inc.
- Danaher Corp.
- Eli Lilly and Co.
- Hoffmann-La Roche Ltd.
- Merck KGaA
- Thermo Fisher Scientific, Inc.
The Report Covers
- Comprehensive research methodology of the North American STD Diagnostics market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the North American STD Diagnostics market.
- Insights about market determinants which are stimulating the North American STD Diagnostics market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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