HPV Testing and PAP Test Market Archives

Growing number of HPV cases has led to an increase in the number of cervical cancers worldwide, and rising awareness among people for cervical cancer prevention are some of the key factors driving the global HPV Testing and PAP Test market. Cervical cancer is a malignant tumor that begins in the cells of the cervix, the lowermost part of the uterus. Cervical cancer begins when the cells on its surface transform into precancerous cells. If not destroyed or removed, these abnormal cells may turn into cancer cells and spread in the cervix and surrounding areas. Cervical cancer screening encompasses HPV and PAP tests, which can identify early-stage HPV infection or pre-cancerous abnormalities. By offering timely treatment, the onset of cancer can bHPV Testing and PAP Test Markete prevented. Covid-19 has slowed the growth of the The Covid-19 pandemic has impacted the healthcare sector in several aspects. During the pandemic owing to social-distancing norms in hospitals and clinics, there was a delay in various diagnostic examinations and procedures. The delay in cancer screening services because of a shortage of staff and disruption in the supply chain of testing kits across the globe has led to an adverse impact on the HPV Testing and PAP Test market during the outbreak. However, in April 2020 amidst the pandemic when all non-emergence procedures halted, in Sweden HPV sampling kits were distributed among the eligible group of Females across the country. “When everything stopped, we had to think of something completely different. The expectation is that many women will be prevented from developing cervical cancer and that we will progress faster on the path to reaching the WHO target of elimination of cervical cancer with the help of these kits.” - Cancer Specialist, Research-Led Medical University, Sweden Technological Advancements in HPV Testing and PAP Tests Drive the Market Demand The Increasing demand for the development of technologically advanced screening tests for the early detection of cervical and vaginal cancers is poised to drive the HPV testing and PAP test market. The global market for HPV testing and PAP tests is also being driven by the increase in the number of screening campaigns organized by both government and non-governmental organizations. For instance, In Feb 2023, BD (Becton, Dickinson and Company) announced that U.S. Food and Drug Administration (FDA) approved BD Onclarity™ HPV Assay to be used with the ThinPrep® Pap Test. BD Onclarity™ HPV Assay can individually detect and identify 14 high-risk HPV genotypes in a single analysis Rising Cases of Cervical Cancer Boosts HPV Testing and PAP Test Market The Rising prevalence of the number of cervical cancers, the growing aging population and the development of advanced technological screening tests are the key factors driving the market. Public awareness campaigns initiated by the government and other organizations, improving health insurance coverage, and favorable reimbursement policies are some of the other crucial factors driving the demand for the HPV Testing and PAP Test market globally. For instance, In August 2022, Sansure Biotech got approval from NMPA (National Medical Products Administration China), for marketing Human Papillomavirus DNA (23 genotypes) Diagnostic Kit (PCR-Fluorescence Probing) developed using fast nucleic acid release technology and can screen 18 high-risk types and 5 low-risk types genotypes for cervical cancer Key Constraints : HPV Testing and PAP Test Market The adoption of revised regulatory guidelines for cervical cancer screening, the availability of HPV vaccination world over, and the high cost of screening tests in developing nations may hamper the growth of the HPV Testing and PAP Test market in the coming years. North America Accounts for the Largest Share of the Global HPV Testing and PAP Test Market North America is projected to dominate the HPV Testing and PAP Test market. This can be primarily attributed to the rising number of cervical cancers and awareness programs, favourable reimbursement policies, the presence of key players, and the developed healthcare system in the region. However, the Asia-Pacific region is anticipated to grow with the highest CAGR in the forecast period. Factors such as technological advancements, free screening programs, and strategic initiatives taken by public and private organizations are some of the key factors Fuelling the Asia-Pacific market. Competitive Landscape of the HPV Testing and PAP Test Market The key players operating in the market include Abbott Laboratories, F. Hoffmann-La Roche AG, Becton, Dickinson and Company, Quest Diagnostics, Hologic Inc., Femasys Inc., Arbor Vita Corporation, Seegene Inc. and Thermo Fischer Scientific Inc., among others. Organic and Inorganic Growth Strategies Adopted by Players to Establish Their Foothold in the Fast Growing HPV Testing and PAP Test Market Compnaies operating in this market are Implementing organic and inorganic growth strategies such as collaborations, acquisitions, and new product launches to garner market share. For instance, In May 2022, the London School of Hygiene & Tropical Medicine (LSHTM) in partnership with the University of Manchester and University of Hull, initiated the ‘Catch-up Screen’ project which will offer an HPV test to women of aged 65 and above by working with local GP practices. It is expected that approximately 10,000 women will be invited to participate in this project, which will help in evaluating if at-home tests are an effective way to reduce cancer among this older age group. The Yorkshire Cancer Research charity has provided £1.5 million in funding for this project, which is scheduled to commence in April 2023. The HPV Testing and PAP test market is a growing market that is poised to gain further momentum in the years to come due to a surge in awareness for early diagnosis of cervical cancer, investment in R&D to introduce several advanced screening tests, and aggressive organic and inorganic growth strategies adopted by the players. Get Detailed Insights on the HPV Testing and PAP Test Market@ https://meditechinsights.com/hpv-testing-and-pap-test-market/

Tag: HPV Testing and PAP Test Market

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