VDRL (Venereal Disease Research Laboratory) Rotators are laboratory equipment used to detect syphilis, a sexually transmitted disease. It measures the reaction of syphilis antibodies in a patient's blood and can be used to monitor the effectiveness of treatment. The test involves rotating a sample of the patient's blood on a slide to observe the reaction and determine if syphilis is present. The rising demand for screening tests like VDRL increases as the rate of sexually transmitted diseases (STDs) continues to rise, growing medical technology and more advanced diagnostic tests contribute to the growth of the VDRL rotators market.
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The VDRL rotators market is expected to grow at a steady rate of around 6% owing to improved diagnostic tests, a growing geriatric population, and increased awareness of the importance of regular health check-ups. Also, the need for early detection and treatment of sexually transmitted diseases is driving demand for VDRL rotators. For instance, according to the WHO, more than 1 million sexually transmitted infections (STIs) are acquired every day worldwide, the majority of which are asymptomatic.
According to UnivDatos Market Insights (UMI)’ research report “Global VDRL Rotators Market”, the market is expected to witness robust growth during the forecast period (2022-2028). This is mainly due to the increasing number of clinical trials, rise in healthcare expenditure, and high R&D investment.
Based on type, the market is segmented into rotator with display and rotator without display. Among them, rotator with display category to witness higher CAGR during the forecast period. These rotators typically feature a built-in display screen that allows users to easily monitor and control the speed and rotation of the samples. The major factors for the growth of this segment are the increasing adoption of automation in medical laboratories, the growing prevalence of infectious diseases, advancements in technology leading to high-precision rotators with displays, and growing demand for these rotators because of its easier to use and more accurate in their results.
Based on the application, the market is categorized into hospital, specialty clinic, research and development laboratory, and clinical laboratory. Among these, the research and development laboratory held a significant share of the market in 202. This is mainly due to these laboratories performing various diagnostic tests, the increasing need for accurate and efficient diagnostic tests, and research experiments in the medical and scientific industries driving the growth of the market.
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APAC to witness extensive growth
For a better understanding of the market adoption of the VDRL rotators industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. APAC is anticipated to grow at a substantial CAGR during the forecast period. This is mainly due to the growing demand for accurate & cost-effective solutions in medical diagnostics, increasing adoption of point-of-care testing in the region. Also, the availability of leading medical technology companies, the region has a strong healthcare infrastructure, and a growing rate of sexually transmitted diseases increasing demand for VDRL tests and other diagnostic tests, as well as the development of new technologies and the focus on public health, are also likely to drive the demand for VDRL rotators in North America. For instance, the Centers for Disease Control and Prevention (CDC) reports that there were nearly 2.4 million cases of chlamydia, gonorrhea, and syphilis reported in the US in 2019, the highest number ever recorded.
According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the VDRL Rotators Market are Polaris Inc., Honda Motor Co. Ltd., Textron Inc., Kawasaki Heavy Industries Ltd., Yamaha Motor Co. Ltd., Suzuki Motor Corporation, Deere & Company, Bombardier Recreational Products Inc., KWANG YANG MOTOR CO. LTD., and Hisun Motors Corp.
“Global VDRL Rotators Market” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitors’ capabilities on different parameters. This will help companies in the formulation of go-to-market strategies and identifying the blue ocean for its offerings.
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Market Segmentation:
1. By Type (Rotator With Display and Rotator Without Display)
2. By Application (Hospital, Specialty Clinic, Research and Development Laboratory, and Clinical Laboratory)
3. By Region (North America, Europe, Asia-Pacific, Rest of the World)
4. By Company (SM Scientific Instruments Pvt. Ltd.; MICROTEKNIK; PRAGATI LABORATORY EQUIPMENT; STANDARD STEEL; Biophlox Global Pvt Ltd; Multilab; P L Tandon & Co; MAC; DOLPHIN INSTRUMENTS; NIKE CHEMICAL INDIA)
Key questions answered in the study:
1. What are the current and future trends of the global VDRL rotators industry?
2. How the industry has been evolving in terms of type and application?
3. How the competition has been shaping across the countries followed by their comparative factorial indexing?
4. What are the key growth drivers and challenges for the global VDRL rotators industry?
What is the customer orientation, purchase behavior, and expectations from the global VDRL rotators