HPV Testing and Pap test Market

Report Description
Table of Contents

Report Description

The global HPV testing and Pap test market size is estimated to be USD xx billion in 2021 and is expected to witness a CAGR of xx% during the forecast period. Advanced technological innovations and industrial consolidation is a key driver for the growth of the global HPV testing and Pap test market. Additionally, increase in government initiatives and growing cases of cervical cancer and growing aged population in the HPV testing and Pap test market are some of the other drivers propelling the market growth. Nevertheless, changes in regulatory methods for cervical cancer screening and HPV vaccination is restraining the market are expected to restrain the global market growth.

Global HPV Testing and Pap test Market Size (USD Billion), 2021-2029

Source: Erevna Healthcare

By Test

Based on test, the market is segmented into Pap test and HPV testing. In 2021, the HPV testing segment accounted for the substantial revenue share with lucrative CAGR during the forecast period. This is attributed to wide-ranging application in cervical cancer screening and increase in consciousness of this screening procedure worldwide. Pap test segment projected to grow at a profitable CAGR during the forecast period. This is attributed to the increasing cases of cervical cancer and high consistency and effectiveness of the test.

By Application

Based on application, the market is categorized into cervical cancer screening and vaginal cancer screening. In 2021, the cervical cancer screening segment accounted for the substantial revenue share with lucrative CAGR during the forecast period. This is due to the rising cases of cervical cancer worldwide. The vaginal cancer screening segment is anticipated to grow at a profitable CAGR during the forecast period, due the launch of new products and technologies the key factors driving the market worldwide.

By End User

Based on end user, the market is categorized into hospitals, laboratories, and physicians’ offices and clinics. In 2021, the laboratories segment accounted for the substantial revenue share with lucrative CAGR during the forecast period. This is due to the benefits of merging the HPV and Pap tests for the initial diagnosis of reproductive tract cancer in women worldwide. The hospitals segment is anticipated to grow at a profitable CAGR during the forecast period, due the technical advancements and the increase in healthcare infrastructure globally.

Regional Insights

In 2021, North America accounted for the highest revenue share in the global market and is expected to maintain its dominance during the forecast period. This is attributed to the increasing cases of cervical cancer and the rise in awareness amid women due to the government initiatives and research studies in the region. Asia Pacific market is projected to exhibit the fastest CAGR over the forecast period owing to the awareness programs by government that help in promoting the benefits of early cancer screening, growing government and corporate investment in healthcare sector, and availability of skilled labour forces at economic costs, are the major factors in this region.

Competitor Insights

Some of the key players in the HPV testing and pap test market are Abbott Laboratories (U.S.); Qiagen N.V. (Germany); F. Hoffmann-La Roche AG (Switzerland); Hologic, Inc. (U.S.); Becton, Dickinson and Company (U.S.); Quest Diagnostics (U.S.); Onco Health Corporation (U.S.); Seegene, Inc. (South Korea); Femasys Inc. (U.S.); and Arbor Vita Corporation (U.S.). The leading players operating in the HPV testing and Pap test industry are adopting various strategies including R&D investments, adaption of advanced techniques, new technology launches, mergers & acquisitions, and regional expansions to capture a maximum revenue share.

This exhaustive research report focuses on market size and forecast at global, segmental, regional and country level along with key market trends and dynamics from 2021 to 2029. The HPV testing and Pap test market report is categorized into the following segments and subsegments: