Market revenue in 2023 | USD 438.8 million |
Market revenue in 2030 | USD 652.2 million |
Growth rate | 5.8% (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 |
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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 70.01% in 2023. Horizon Databook has segmented the Germany std diagnostics market based on instruments & services, consumables (reagents and kits), softwares covering the revenue growth of each sub-segment from 2017 to 2030.
High standard of living & awareness about early diagnosis and presence of well-established healthcare system act as key drivers for market growth. Rapid diagnostic techniques, such as point-of-care diagnostics, are useful for the population subset vulnerable to STI diseases.
Key manufacturers, such as QIAGEN, F. Hoffmann-La Roche Ltd., and Bio-Rad Laboratories, Inc., are strengthening their operations in Germany, which is expected to boost STI diagnostics market. Medical & academic institutions help raise awareness about infectious diseases & organize eradication camps every year.
Increase in disease burden may lead to rise in the demand over the forecast period. According to UNAID report, around 86,000 people are suffering from HIV in Germany. To overcome HIV epidemic in the country, the government has planned to provide funding.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany std diagnostics market , including forecasts for subscribers. This country databook contains high-level insights into Germany std diagnostics market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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