HPV Testing and Pap Test Market is expected to reach a valuation of US$ 15 Billion by 2032 | FMI
The Global HPV testing and Pap Test Market was valued at US$ 2.2 Billion in 2021 and is expected to reach US$ 15 Billion by 2032, finds Future Market Insights (FMI) in a recent market survey. As per the findings of the report, Pap Testing will remain pivotal for the market as the bulk of revenue will be generated through this category, with a forecasted CAGR of 17.5%.
Official strategies and policies,
such as the WHO global strategy for cervical cancer elimination, are expected
to boost demand for testing. New technologies, government programs, and
awareness drives will help boost demand in even low-resource areas.
For more information @ https://www.futuremarketinsights.com/reports/hpv-testing-and-pap-test-market
Cervical Cancer Screening to
Continue being the key application for HPV and Pap Test Revenue
Vaginal Cancer cannot be detected
with a Pap or HPV tests on their own. They can, however detect cervical cancer
and HPV, and pre-cancerous conditions. This is useful since the presence of
these can be precursors to cervical cancer.
The US to Command the Larger
Proportion of HPV testing and Pap test consumption in the Analysis Period
The US contributed the most to the
demand for HPV and Pap Tests. The ACS recommends screening women over 25 at
recommended intervals of time. There are also programs that provide free or
cheaper testing to women such as the NBCCEDP by the CDC.
HPV testing and Pap Test Market:
Competition Insights
HPV Testing and Pap Test providers
are focused on increasing the efficiency, accuracy and affordability of their
tests and harnessing new technology. The key companies operating include Abbott
Laboratories, Qiagen N.V., Becton, Dickinson and Company, Quest Diagnostics,
Inc., Hologic, Inc., F. Hoffmann-La Roche, Femasys, Inc., Arbor Vita
Corporation, NURX, Inc., Seegene, Inc., Thermo Fisher Scientific. Inc.,
bioMérieux SA
Some of the recent developments in
HPV Testing and Pap Test are as follows:
- In June 2022,
Hoffmann-La Roche AG, a Switzerland-based healthcare pharmaceutical and
diagnostics company announced the launch of a self-sampling solution, via
which patients can collect samples privately at a healthcare facility
under instructions and have them analyzed. The aim of enabling
self-collection was to provide an alternative to the usual invasive
clinician-based collection process.
- In May 2022, Alercell,
Inc, a molecular diagnostics company and provider of diagnostics announced
it’s HPV DNA based test kit: "Meltpro HPV genotype test". It is
based on DNA sequencing analysis. The use of a PCR machine eliminates the
risk of human interpretation and provides faster results, taking under
three hours.
- In June 2022, Operating
in the oncology healthcare sector, Karkinos Healthcare developed
CerviRaksha, a clinically validated HPV test, pre-qualified and approved
by the World Health Organization (WHO) and the United States Food and Drug
Administration (FDA). It was also granted the CE mark and bears the CE
mark. Samples are collected at home and results are provided by email. The
HPV-16 and HPV-18 genotypes are distinguished individually, and false
positives are filtered.
- In May 2022, The
London School of Hygiene and Tropical Medicine and the University of
Manchester, and the University of Hull will collaborate to test for
cervical cancer in women of the 65-and-older age group, who are often
overlooked despite accounting for over 50% of cervical cancer incidents in
the UK. This test will also only require a urine sample, which might
encourage women who were opting out of the test to take part.
Full Information Source @ https://www.futuremarketinsights.com/reports/hpv-testing-and-pap-test-market
Key Segments Covered in HPV Testing
and Pap Test Survey
HPV Testing and Pap Test Market by
Type:
- HPV Testing
- Pap Test
HPV Testing and Pap Test Market by
Application:
- Vaginal Cancer Screening
- Cervical Cancer Screening
HPV Testing and Pap Test Market by
Product Type:
- Instruments
- Consumables
- Services
HPV Testing and Pap Test Market by
Technology:
- PCR
- Immunodiagnostics
- Other Technologies
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