Australia Std Diagnostics Market Size & Outlook, 2023-2030
Australia std diagnostics market, 2017-2030 (US$M)
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Australia std diagnostics market highlights
- The Australia std diagnostics market generated a revenue of USD 224.8 million in 2023 and is expected to reach USD 397.3 million by 2030.
- The Australia market is expected to grow at a CAGR of 8.5% from 2024 to 2030.
- In terms of segment, consumables (reagents and kits) was the largest revenue generating product in 2023.
- Consumables (Reagents and kits) is the most lucrative product segment registering the fastest growth during the forecast period.
Std diagnostics market data book summary
| Market revenue in 2023 | USD 224.8 million |
| Market revenue in 2030 | USD 397.3 million |
| Growth rate | 8.5% (CAGR from 2023 to 2030) |
| Largest segment | Consumables (reagents and kits) |
| Fastest growing segment | Consumables (Reagents and kits) |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Instruments & Services, Consumables (Reagents and kits), Softwares |
| Key market players worldwide | BD, Roche, Hologic Inc, Abbott Laboratories, Danaher Corp, Qiagen NV, OraSure Technologies Inc, Bio-Rad Laboratories Inc, BioMerieux SA, Thermo Fisher Scientific Inc, Seegene, Diasorin SpA |
Other key industry trends
- In terms of revenue, Australia accounted for 2.3% of the global std diagnostics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China std diagnostics market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 812.1 million by 2030.
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STD Diagnostics Market Scope
STD Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Australia std diagnostics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to std diagnostics market will help companies and investors design strategic landscapes.
Consumables (reagents and kits) was the largest segment with a revenue share of 69.8% in 2023. Horizon Databook has segmented the Australia std diagnostics market based on instruments & services, consumables (reagents and kits), softwares covering the revenue growth of each sub-segment from 2017 to 2030.
Increasing prevalence of STIs and diseases caused by blood-borne viruses is one of the major factors driving market growth in Australia. Rapid diagnostic tests are essential for early diagnosis of such diseases and selecting appropriate treatment options.
The Queensland University of Technology in collaboration with Translational Research Institute was engaged in development of prognostic biomarker for detection of high-risk human papillomavirus responsible for oropharyngeal cancer, as of September 2021.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia std diagnostics market , including forecasts for subscribers. This country databook contains high-level insights into Australia std diagnostics market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Australia std diagnostics market size, by product, 2017-2030 (US$M)
Australia STD Diagnostics Market Outlook Share, 2023 & 2030 (US$M)
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