According to FutureWise analysis the market for sexually transmitted infections (STIs) in 2023 is US$ 62.79 billion, and is expected to reach US$ 162.5 billion by 2031 at a CAGR of 12.60%.
Infections transmitted through sexual contact are known as sexually transmitted infections (STIs). Bacteria, viruses, and parasites that cause sexually transmitted diseases can be communicated from one person to another by blood, sperm, vaginal, and other bodily fluids. These infections can be transmitted nonsexually, for example, from mothers to their infants during pregnancy or childbirth, or through blood transfusions or sharing needles. Single-dose antibiotic regimens can treat three bacterial STIs (chlamydia, gonorrhoea, and syphilis) and one parasitic STI (trichomoniasis). The most prevalent mechanism for sexually transmitted infections (STIs) to spread is through unprotected sexual contact. Infected blood or blood products can potentially spread STIs during pregnancy, childbirth, and lactation. Sexually transmitted infections (STIs) have a substantial impact on one's health. If left untreated, they can result in neurological and cardiovascular problems, infertility, ectopic pregnancy, stillbirths, and a higher risk of catching the Human Immunodeficiency Virus (HIV). They've also been related to societal stigma, domestic violence, and a poor standard of living. Aptima is the first and only FDA-approved test for STDs, and it's gaining popularity (STI). Furthermore, the market's expansion is supported by investments in advanced technology development. Furthermore, a lack of public knowledge and consequences associated with the disease, such as pregnancy issues, infertility, pelvic pain, ocular inflammation, arthritis, and others, would act as a restraint and slow down the market's growth rate.
FutureWise Market Research has instantiated a report that provides an intricate analysis of Sexually Transmitted Infections (STIs) Market trends that shall affect the overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share and regional proliferation of this business. Moreover, the report offers insights on the current stature of prominent market players in the competitive landscape analysis of this market.
According to the research study conducted by FutureWise research analysts, the Sexually Transmitted Infections (STIs) Market is anticipated to attain substantial growth by the end of the forecast period. The report explains that this business is predicted to register a noteworthy growth rate over the forecast period. This report provides crucial information pertaining to the total valuation that is presently held by this industry and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.