The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

According to The Business Research Company’s Sexually Transmitted Infections (STIs) Global Market Report 2023, the sexually transmitted infections (STIs) market is expected to show promising growth in the forecast period.

The sexually transmitted infections (STIs) market has witnessed remarkable growth in recent years, escalating from $56.17 billion in 2023 to an anticipated $63.69 billion in 2024. This surge reflects an impressive compound annual growth rate (CAGR) of 13.4%. The growth in the historic period can be attributed to behavioral factors, education and awareness initiatives, improved healthcare access, and the development of antibiotics.

A Prognosis for the Future
The STIs market is poised for continuous expansion, with an expected market size of $100.66 billion in 2028, boasting a robust CAGR of 12.1%. This growth is fueled by emerging STI strains, vaccination initiatives, the integration of telemedicine and at-home testing, and the pursuit of sexual health equity. Major trends in the forecast period encompass the rise of antimicrobial resistance, pre-exposure prophylaxis (PrEP), STI self-management, and enhanced sexual education.

Rising Prevalence of Unprotected Sex

A Cultural Shift: Unprotected Sex on the Rise
The growing culture of unprotected sex is anticipated to be a significant driver of STI market growth. Unprotected sexual activities, where individuals engage without using protection such as condoms, contribute to the spread of sexually transmitted infections. Alarming statistics from the Centers for Disease Control and Prevention (CDC) reveal that in 2021, 30% of U.S. high school students had engaged in sexual intercourse, with 48% forgoing condom use during their last sexual encounter. Additionally, only 5% had undergone testing for sexually transmitted diseases in the past year.

Market Players Taking Center Stage
Major players in the STIs market, including Pfizer Inc., Johnson & Johnson, and Gilead Sciences Inc., play a crucial role in shaping the industry landscape. These industry leaders are actively contributing to the development of innovative solutions to address the rising incidence of STIs and associated health challenges.

View More On The Sexually Transmitted Infections (STIs) Market Report 2023 – https://www.thebusinessresearchcompany.com/report/sexually-transmitted-infections-stis-global-market-report

Innovations Transforming Diagnosis

Fluorescent PCR Technology: A Game-Changer
Leading companies in the STIs market are leveraging innovative products with fluorescent PCR technology to gain a competitive edge. Fluorescent Polymerase Chain Reaction (PCR) technology is a molecular biology technique that detects and quantifies specific DNA sequences in biological samples. For instance, Jiangsu Bioperfectus Technologies Co. Ltd. introduced two new PCR kits, Mycoplasma Hominis Real-Time PCR Kit and Treponema Pallidum Real-Time PCR Kit, in March 2023. These kits, utilizing fluorescent PCR technology, provide early diagnosis of sexually transmitted illnesses.

Addressing Rising STI Rates Among Gen Z

Collaborative Solutions for Gen Z
In February 2023, Caraway Health and Ash Wellness Inc. joined forces to tackle the surge in STI rates among Generation Z in universities. Caraway Health, a digital healthcare provider for Gen Z, partnered with Ash Wellness Inc., a provider of remote diagnostic solutions, including home HIV and STI testing. This collaboration empowers Generation Z with tools to prioritize sexual well-being on personal terms.

Market Segmentation for Precision
The STIs market is comprehensively segmented to address diverse needs:

1. By Type: Human Immunodeficiency Virus (HIV), Human Papilloma Virus (HPV), Gonorrhea, Syphilis, Other Types
2. By Treatment: Antibiotics, Antiviral
3. By Location Of Testing: Laboratory Testing, Point-Of-Care (POC) Testing
4. By Route Of Administration: Oral, Parenteral, Other Route Of Administration
5. By End-Users: Hospitals, Specialty Clinics, Homecare, Other End-Users

Regional Dynamics
In 2023, North America emerged as the largest region in the STIs market, while Asia-Pacific is expected to be the fastest-growing region in the forecast period, presenting a promising landscape for market expansion.

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The Sexually Transmitted Infections (STIs) Global Market Report 2023  offers a comprehensive overview on the sexually transmitted infections (STIs) market size, growth rate, trends and drivers, opportunities, strategies, and competitor landscape. The countries covered in the sexually transmitted infections (STIs) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

The Table Of Content For The Sexually Transmitted Infections (STIs) Market Include:
1. Sexually Transmitted Infections (STIs) Market Executive Summary
2. Sexually Transmitted Infections (STIs) Market Segments
3. Sexually Transmitted Infections (STIs) Market Size And Sexually Transmitted Infections (STIs) Market Growth Rate
4. Key Sexually Transmitted Infections (STIs) Market Trends
5. Major Sexually Transmitted Infections (STIs) Market Drivers
……
25. Key Mergers And Acquisitions In The Sexually Transmitted Infections (STIs) Market
26. Top Sexually Transmitted Infections (STIs) Companies
27. Sexually Transmitted Infections (STIs) Market Opportunities And Strategies
28. Sexually Transmitted Infections (STIs) Market, Conclusions And Recommendations
29. Appendix

View More Related Reports –
STD Diagnostics Global Market Report 2023
Infertility Treatment Global Market Report 2023
Fertility Services Global Market Report 2023

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