World News

Sexually Transmitted Diseases (STDs) Drug Market is Projected to be Worth US$ 83,041.3 Mn by 2025

Press Release

The demand within the global sexually transmitted disease drugs market has been rising on account of rising incidence of STDs across the world. Several surveys have been conducted to analyse the growing impact of unprotected sex on the health of humans. The past decades have witnessed the highest incidence of sexually transmitted diseases, and this factor has given a thrust to the growth of the global market. It is expected that the quest of the medical fraternity to increase awareness about sexually transmitted diseases would play an underhanded role in the growth of the global market. Moreover, the rural areas are more prone to the ills of unprotected sexual activities, and this factor has played a vital role in market growth.

Growing Research and Development on STDs

The cumulative revenues within the global sexually transmitted disease drugs market are expected to increase in the forthcoming years. Moreover, increasing research and development in the domain of HIV-AIDS and other similar diseases has also given a pish to market growth. Governments across multiple regions have directed funds towards the development of sexually transmitted disease drugs. This factor is projected to bring in voluminous revenues into the global sexually transmitted disease drugs market. Youngsters are more prone to the incidence of sexually transmitted disease as against older people. Hence, the growing population of people aged between 20 to 30 years has also given a thrust to market growth.

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Asia Pacific Market to Grow at a Stellar Pace

On the basis of geography, the global sexually transmitted disease drugs market has been segmented into Asia Pacific, the Middle East and Africa, North America, Latin America, and Europe. The sexually transmitted disease drugs market in Asia Pacific (APAC) has been rising due to low levels of awareness about sexually transmitted diseases across India and China.

This post was originally published on Industry Updates Daily