HPV Testing and Pap Test Market is expected to reach a startling US$15 Billion, rising at a noteworthy 17.5% CAGR By 2032 | FMI

HPV Testing and Pap Test Market
HPV Testing and Pap Test Market

The fight against cervical cancer is gaining powerful allies: HPV Testing and Pap Test Market. According to a new market survey by Future Market Insights (FMI), the global market for these crucial screening tools is expected to surge from US$2.2 billion in 2021 to a staggering US$15 billion by 2032. That’s a massive increase driven by a renewed focus on early detection and prevention.

While Pap tests are expected to remain the primary revenue generator, growing at a significant 17.5% CAGR, new technologies, and increased awareness are poised to play a vital role.

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Cervical Cancer Screening to Continue being the key application for HPV Testing and Pap Test Market Revenue

Vaginal cancer cannot be detected solely through Pap or HPV tests. However, they can detect cervical cancer, HPV, and pre-cancerous conditions. This is useful because the presence of these can be a risk factor for cervical cancer.

The US to Command the Larger Proportion of HPV testing and Pap test consumption in the Analysis Period

The United States contributed the most to the increase in demand for HPV and Pap tests. The American Cancer Society recommends screening women over the age of 25 at recommended intervals. Some programs offer free or low-cost testing to women, such as the CDC’s NBCCEDP.

HPV Testing and Pap Test Market: Competition Insights

HPV Testing and Pap Test providers are focused on increasing the efficiency, accuracy and affordability of their tests and harnessing new technology. The key companies operating include Abbott Laboratories, Qiagen N.V., Becton, Dickinson and Company, Quest Diagnostics, Inc., Hologic, Inc., F. Hoffmann-La Roche, Femasys, Inc., Arbor Vita Corporation, NURX, Inc., Seegene, Inc., Thermo Fisher Scientific. Inc., bioMérieux SA

Some of the recent developments in HPV Testing and Pap Tests are as follows:

  • in June 2022 Hoffmann-La Roche AG, a Swiss healthcare pharmaceutical and diagnostics company, announced the launch of a self-sampling solution that allows patients to collect samples privately at a healthcare facility and have them analysed. The goal of allowing self-collection was to offer an alternative to the traditional invasive clinician-based collection process.
  • Alercell, Inc, a molecular diagnostics company and diagnostics provider, announced the “Meltpro HPV genotype test” in May 2022. It is based on DNA sequencing research. The use of a PCR machine eliminates the risk of human interpretation and results in less than three hours.
  • In June 2022, Karkinos Healthcare, which operates in the oncology healthcare sector, developed CerviRaksha, a clinically validated HPV test that has been pre-qualified and approved by the World Health Organization (WHO) and the United States Food and Drug Administration (FDA). It has also been granted the CE mark and bears it. The samples are collected at home, and the results are sent via email. Individual HPV-16 and HPV-18 genotypes are distinguished, and false positives are filtered.
  • In May 2022, The London School of Hygiene and Tropical Medicine and the University of Manchester, and the University of Hull will collaborate to test for cervical cancer in women of the 65-and-older age group, who are often overlooked despite accounting for over 50% of cervical cancer incidents in the UK. This test will also only require a urine sample, which may entice women who were previously refusing to participate.

Key Segments Covered in HPV Testing and Pap Test Market Survey

by Type:

  • HPV Testing
  • Pap Test

by Application:

  • Vaginal Cancer Screening
  • Cervical Cancer Screening

by Product Type:

  • Instruments
  • Consumables
  • Services

by Technology:

  • PCR
  • Immunodiagnostics
  • Other Technologies

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More Insights Available

Future Market Insights, in its new offering, presents an unbiased analysis of the HPV Testing and Pap Test Market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.

The study reveals essential insights based on by Test Type (HPV Testing, Pap Test), By Application (Vaginal Cancer Screening, Cervical Cancer Screening), By Product Type (Instruments, Consumables, Services), by Technology (PCR, Immunodiagnostics, Other Technologies), across five regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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