The global Cytology and HPV Testing market garnered revenue around USD 7.43 Billion in 2019 and projected to reach USD 12.55 Billion in 2027, with at a compound annual growth rate (CAGR) 5.9% throughout the estimate period from 2020 to 2027.
Human papillomavirus (HPV) test is usually performed to determine high risk of HPV infection, which might cause formation of cancerous cells on the cervix
Factors such as emergence of highly sensitive and specific assays and advanced analyzing instruments drive the market for HPV testing for cervical cancer screening. Moreover, escalating incidence rate of high-risk types of HPV is likely to boost the HPV testing market in the near future.
However, accuracy of test outcomes and disadvantages of the HPV test including low specificity are some of the factors that are anticipated to restrain growth of the HPV testing segment
Increasing incidence of HPV infections and cervical cancer and weakening immune system of the population drive the global cytology and HPV testing market. This trend is expected to continue during the forecast period.
Additionally, growing awareness and technological advancements in health care are encouraging people to opt for high accuracy diagnostic tests. All the above-mentioned factors are anticipated to boost the growth of the cytology and HPV testing market.
Various collaborations, partnerships, and acquisitions have been carried out by top market players to develop innovative diagnostic tests kits and instruments
This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.
The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Cytology and HPV Testing market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Cytology and HPV Testing market growth.
The global Cytology and HPV Testing market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.
Major manufacturers analysed under this study comprises:
Key players in the global market Becton, Dickinson and Company, Cepheid, Inc., Abbott Laboratories, Inc., F. Hoffmann-La Roche AG, Fujirebio Diagnostics, Inc., Arbor Vita Corporation, Hologic, Inc., QIAGEN N.V., and OncoHealth Corporation
This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:
Global Cytology and HPV Testing Market, by Product & Services
Regional Analysis and Forecast
Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope: