Canada Sexually Transmitted Disease Testing Market Size worth USD 310.5 Million in 2028
The Canada sexually transmitted disease testing market size was valued at USD 205.9 million in 2021 and is expected to reach the valuation of USD 233.6 million in 2022. The market is expected to reach USD 310.5 million by 2029 with a CAGR of 4.1% during the forecast period. Rising cases of sexually transmitted diseases in Canada is expected to drive market growth. Increasing government initiatives to raise awareness regarding sexual health is anticipated to support market growth. Fortune Business Insights™ shares this information in its report titled “Canada Sexually Transmitted Disease Testing Market, 2022-2029.”
Get Sample PDF Brochure:
https://www.fortunebusinessinsights.com/enquiry/sample/canada-sexually-transmitted-disease-testing-market-106798
COVID-19 Impact:
Decline in Demand for Sexually Transmitted Disease Testing Kits Affected Market Growth Negatively
Outbreak of COVID-19 pandemic led to decrease in the cases of STDs. The market experienced a decline by -12.5% in 2020 due to decline in STDs cases. The market is expected to have a recovery due to rise in the untreated patient population of STDs.
Click here to get the short-term and long-term impact of COVID-19 on this market.
Please visit: https://www.fortunebusinessinsights.com/canada-sexually-transmitted-disease-testing-market-106798
Laboratories to Gain Traction Owing to Rise of Patients in Clinical Laboratories
Based on setting, the market is segmented into laboratory testing and Point-of-Care (POC). Laboratory testing to have a maximum Canada sexually transmitted disease testing market share due to rise in patient footfall in clinical laboratories. Point-of-care is anticipated to have fastest CAGR due to the benefits offered by point-of-care.
About Us:
Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.
Contact Us:
Fortune Business Insights™ Pvt. Ltd.
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
Email: [email protected]
Add Comment