What Is Driving Hologic's Strength in the US Diagnostics Market? [Yahoo! Finance]
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Source: Yahoo! Finance
Although the performance of the Diagnostics segment in recent quarters has been impacted by macroeconomic conditions, like reduced USAID funding for HIV testing in Africa and an operating environment in China, the underlying strength has always remained solid. With the U.S. Diagnostics market projected to expand at a CAGR of 9.12% through 2025-2030, Hologic is well-poised to continue capturing market share. In the fourth quarter of fiscal 2025, Diagnostics revenues increased 1.5% in constant currency (CC), driven by higher core U.S. molecular diagnostics sales. Excluding COVID-19 and related revenues, organic diagnostics sales grew 4.4% at CC. The Molecular Diagnostics unit remained the main growth engine, supported by higher sales of the BV, CV/TV and Panther Fusion assays. Approved in 2019, the BV, CV/TV vaginitis assay continues to offer a solid runway for Hologic. More than 20 million U.S. women experience vaginitis each year, with less than 40% being tested, mainly with older m
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