Market Dynamics
The rising incidence of chronic diseases such as cervical and vaginal cancer are expected to drive growth of HPV testing and Pap test market. According to the National Cervical Cancer Coalition 2017, around 12,000 women are diagnosed with cervical cancer per year in the U.S. Moreover, the American Sexual Health Association (ASHA) suggests that cervical cancer is amongst one of the most preventable types of cancer. These cancers can be prevented through early detection and treatment of abnormal cell changes that occurs in the cervix prior to the development of cervical cancer cells.
Moreover, new product launch in improving the existing accuracy of HPV testing is also expected to drive growth of global HPV testing and Pap test market. For instance, in June 2016, QIAGEN N.V launched the QIAsure Methylation Test, for determining risk of development of cervical cancer.
Technological advancements in field of diagnostics is also anticipated to drive the market for the forecast period. For instance, on January 2019, Nurx, a consumer health and telemedicine company, launched Home HPV Screening test. The new test allows women to conveniently and affordably check their risk for cervical cancer from the comfort of their own home.
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