North America Std Diagnostics Market Size & Outlook
North America std diagnostics market, 2017-2030 (US$M)
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North America std diagnostics market highlights
- The North America std diagnostics market generated a revenue of USD 3,680.7 million in 2023.
- The market is expected to grow at a CAGR of 6.8% 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.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 3,680.7 million |
| Market revenue in 2030 | USD 5,831.8 million |
| Growth rate | 6.8% (CAGR from 2023 to 2030) |
| Largest segment | Consumables (reagents and kits) |
| Fastest growing segment | Consumables (Reagents and kits) |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, North America region accounted for 37.2% of the global std diagnostics market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,825.9 million by 2030.
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STD Diagnostics Market Scope
STD Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
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North America 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 69.9% in 2023. Horizon Databook has segmented the North America std diagnostics market based on instruments & services, consumables (reagents and kits), softwares covering the revenue growth of each sub-segment from 2017 to 2030.
North America held the largest share of 37.51% of STD diagnostics market in 2020. This can be attributed to increase in the prevalence of infectious diseases, technological advancements, presence of several key manufacturers in the region, and rise in consumer awareness.
Increasing launch of multiplex PCR tests for diagnosis of Sexually Transmitted Diseases (STDs), such as chlamydia, syphilis, gonorrhea, and HPV, is expected to further drive market growth. In July 2020, BD received an approval from the U.S. FDA for On clarity HPV Assay.
The assay was approved for its extended genotyping capabilities that allow identification of 56/59/66, 35/39/68, 52, 33/58, 51, and 31 genotypes. Favorable government initiatives & reimbursement policies are likely to drive market growth.
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Our clientele includes a mix of std diagnostics market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America std diagnostics market , including forecasts for subscribers. This continent databook contains high-level insights into North America std diagnostics market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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North America std diagnostics market size, by country, 2017-2030 (US$M)
North America STD Diagnostics Market Outlook Share, 2023 & 2030 (US$M)
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