Italy Std Diagnostics Market Size & Outlook, 2023-2030
Italy std diagnostics market, 2017-2030 (US$M)
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Italy std diagnostics market highlights
- The Italy std diagnostics market generated a revenue of USD 272.7 million in 2023 and is expected to reach USD 444.6 million by 2030.
- The Italy market is expected to grow at a CAGR of 7.2% 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 272.7 million |
| Market revenue in 2030 | USD 444.6 million |
| Growth rate | 7.2% (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, Italy accounted for 2.8% 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 Europe, Germany std diagnostics market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 532.3 million by 2030.
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STD Diagnostics Market Scope
STD Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy 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 70% in 2023. Horizon Databook has segmented the Italy std diagnostics market based on instruments & services, consumables (reagents and kits), softwares covering the revenue growth of each sub-segment from 2017 to 2030.
Increase in the demand for rapid diagnostic procedures and rise in the incidence of STDs, such as syphilis, HBV, & HCV, in Italy are some of the key drivers of STD diagnostics market in the country. Large number of manufacturers and distributors offer essential instruments, kits, and reagents for molecular diagnostics, which is expected to boost market growth.
Siemens Healthcare GmbH, Roche Diagnostics, and DiaSorin are some of the key companies operating in Italy. The demand for automated infectious diseases molecular diagnostics is growing in the country, which can be attributed to difficulty in hiring staff for diagnostic laboratories.
This creates lucrative growth opportunities for companies selling automated molecular diagnostics to increase their market shares and revenue-generation capacity. In October 2021, ELITechGroup introduced ELITe BeGenius, a fully automated single instrument, for processing various RT-PCR samples in Italy.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy std diagnostics market , including forecasts for subscribers. This country databook contains high-level insights into Italy std diagnostics market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Italy std diagnostics market size, by product, 2017-2030 (US$M)
Italy STD Diagnostics Market Outlook Share, 2023 & 2030 (US$M)
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