Allied Market Research announces an upcoming report, titled, “HIV Diagnosis Market by Technology (Antibody Tests, Viral Load Tests, CD4 Tests, and Early Infant Diagnosis Tests) and Application (Diagnostic Laboratories, Home Care Settings, Hospitals, and Blood Banks) – Global Opportunity Analysis and Industry Forecast, 2018-2025”. The report states that the global HIV diagnosis market is expected to register a significant CAGR during the forecast period, 2018-2025.
The growth of the global HIV diagnosis market is driven by the rise in number of HIV/AIDS cases worldwide, the surge in prevalence of blood transfusions & blood donations that cause infections followed by HIV, benefits offered by point-of-care instruments & kits, technological advancements, and increasing government initiatives. Additionally, recent advancements of simple rapid assays with visual testing and easy handling home sample collection techniques designed to be used by health care workers and consumers at home would provide lucrative opportunities for emerging market players in the near future. However, high costs of Nucleic Acid Testing (NAT) and lack of mandates for NAT in emerging economies hamper market growth.
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The HIV Diagnosis Market report segments the global sterilization technologies market by technology, application, and geography. Based on technology, the report fragments the market into antibody tests, viral load tests, CD4 tests, early infant diagnosis tests, and tests for viral identification. Based on application, the market is further divided into Diagnostic Laboratories, Hospitals, Blood Banks, Home Care Settings, and others. Regionally, the report analyses the market in North America, Europe, Asia-Pacific, and LAMEA.
The HIV Diagnosis Market report also profiles key players involved in the global sterilization technologies market, such as Siemens-AG, Roche Diagnostics AG, Abbott Laboratories, Danaher Corporation, Thermo-Fisher Scientific Inc., Merck & Co., Becton-Dickinson and Company, Hologic, Inc., Alere Inc., and Bio-Rad Laboratories. They have adopted various strategies such as mergers & acquisitions, collaborations, partnerships, and others to gain a strong position in the industry.
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