With the presence of a large pool of participants, the global cervical cancer diagnostic test market is displaying a highly competitive business landscape, finds a new research report by Zion Market Research (ZMR). QIAGEN N.V., Hologic Inc., Roche Diagnostic, Becton, Dickinson and Company, Quest Diagnostic, Inc., and Abbott Laboratories are some of the key vendors of cervical cancer diagnostic test across the world. These players across global cervical cancer diagnostic test market are focusing aggressively on innovation, as well as on including advanced technologies in their existing products. Over the coming years, they are also expected to take up partnerships and mergers and acquisitions as their key strategy for business development, states the market study.
Citing an instance, in August 2018, QIAGEN declared that WHO has added its care HPVTM test, the only molecular diagnostic screening test that can be carried out for high risk HPV in females in low-resource settings, to the list of prequalified in vitro diagnostic. Analysts are of the view that the strategic move will intensify the development of cervical cancer diagnostic test market over the forthcoming years.
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Changing Lifestyles And Weak Immunity In Females To Boost Market Growth
“Weakened immune system along with cancer history of the female patients related to cervical cancer type will enhance the popularity of cervical cancer diagnostic tests across the globe,” says the author of this study. Apart from this, lifestyle-associated aspects such as smoking, unsafe sexual relationships with HPV- positive persons, and many sex partners will further amplify the cervical cancer diagnostic test market demand in the near future.
Lack of education pertaining to occurrence of cervical cancer and the disinclination of the female population to go for diagnosis of cervical cancer, however, is predicted to adversely impact the growth of cervical cancer diagnostic test market over the years to come. Furthermore, prevention of HPV through vaccination can also restrict the cervical cancer diagnostic test market growth.
Advanced Screening Tests Availability to Help North American Dominance
Geographically, North America has been leading the worldwide cervical cancer diagnostic test market and is anticipated to continue on the dominant position in the years to come, states the market study. Easy access to technologically advanced computer-aided cancer screening tests is anticipated to steer the expansion of cervical cancer diagnostic test market in the years ahead. Furthermore, the presence of a well-established medical and healthcare infrastructure along with availability of skilled healthcare service providers is yet another factor behind the dominance of the North America cervical cancer diagnostic test market. The high number of market players being headquartered in North America will further magnify the progress of this cervical cancer diagnostic test market.
The global cervical cancer diagnostic test market is segmented as follows:
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