Overview:
The human immunodeficiency virus (HIV) causes acquired immunodeficiency syndrome (AIDS). The presence of HIV is detected by the HIV diagnosis tests, which can be performed by saliva test, blood test, viral load test. However, Enzyme Linked Immunosorbent Assay (ELISA) test and Western Bloat Method provides the most efficient test initially. The ELISA test involves use of antibodies for identifying the substance, and the western blot technique involves detecting of HIV antibodies in the human serum sample.
Global HIV Diagnostics Market, was valued at US$ 3,050.8 million in 2021, and is expected to exhibit a CAGR of 9.2% over the forecast period (2022-2028)
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Drivers:
Growing prevalence of HIV increasing the demand for HIV diagnostics is expected to boost growth of the global HIV diagnostics market during the forecast period. For instance, as per the Avert.org, during 2016 and 2017, the number of HIV cases increased to nearly 36.9 million in 2017 from 36.7 million in 2016, across the globe. Furthermore, in 2019, the UNAIDS reported that HIV affected nearly 37.9 million people worldwide in 2018.
Moreover, market players are focusing strategic collaborations and acquisitions, which in turn is expected to propel growth of the global HIV diagnostics market during the forecast period. For instance, in 2018, Owen Mumford Ltd, announced the launch of Simplitude Pro HIV rapid diagnostic test in Europe developed to diagnose HIV.
Furthermore, factors such as increasing government initiatives by nations to spread awareness regarding HIV among people and rising cases of HIV/AIDS across the globe are also expected augment growth of the global HIV diagnostics market during the forecast period. The increase in the cases of HIV is due to lower rate of literacy, and awareness regarding transmission mode of HIV, unsafe sex, and change in lifestyle.
Increasing prevalence of HIV/AIDS globally and various government initiatives by countries to spread awareness about HIV in people are expected to drive growth of the HIV diagnostic market. Regions with lower literacy rate, where people are not aware about transmission mode of HIV, changing lifestyle, and unsafe sex are the factors that leads to increasing number of HIV cases.
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Regional Insights:
Among regions, North America is expected to witness a strong growth in the HIV diagnostics market during the forecast period, this is attributed to increasing prevalence of HIV in the region. For instance, as per the UNAIDS 2019 report, in 2018, nearly 2.2 million people were living with HIV in the North America, and Central and Western Europe.
Moreover, Europe is also expected to witness robust growth in the HIV diagnostics market during the forecast period due to frequent product launches by regional players in the market to strengthen their presence in the market. For instance, in June 2019, the European authority granted CE (Conformité Européenne) Mark to Avioq, Inc., and the company announced the launch of VioOne HIV Profile Supplemental Assay developed to confirm and differentiate antibody directed to different gene products of HIV-1 and HIV-2 in plasma or human serum.
Major players:
Major players active in the global HIV diagnostics market are Bio-Rad Laboratories, Inc., Siemens Healthineers, Beckman Coulter Inc., Becton, Dickinson and Company, Chembio Diagnostic Systems, Inc., Bristol –Myres Squibb, QIAGEN N.V., Abbott Laboratories, Hologic, Inc., Roche AG, OraSure Technologies, Inc., Merck KGaA, Zyomyx Incorporation, Janssen Therapeutic, and ViiV Healthcare Ltd.
Detailed Segmentation:
Global HIV Diagnostics Market, By Product Type:
-
- Instruments
- Reagents & Kits
Global HIV Diagnostics Market, By Test Type:
-
- Screening
- Third Generation (Antibody Test)
- Laboratory-based
- Point-of-Care
- Fourth Generation (Antibody-Antigen (Ab/Ag) Test)
- Laboratory-based
- Point-of-Care
- Others
- Third Generation (Antibody Test)
- Differentiation & Confirmation Test
- Monitoring Test
- CD4 Tests
- Viral Load Tests
- Screening
Global HIV Diagnostics Market, By End User:
-
- Hospitals and Clinics
- Diagnostic Laboratories
- Home Care Settings
- Others
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➡Leading company profiles reveal details of key HIV Diagnostics market players emerging five operations and financial performance
➡Add weight to presentations and pitches by understanding the future growth prospects of the emerging HIV Diagnostics market with five year historical forecasts
➡Compares data from North America, South America, Asia Pacific Europe and Middle East Africa, alongside individual chapters on each region .
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Table of Content
Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 HIV Diagnostics Market Size Analysis from 2021 to 2028
11.6 COVID-19 Outbreak: HIV Diagnostics Industry Impact
Chapter 2 Global HIV Diagnostics Competition by Types, Applications, and Top Regions and Countries
2.1 Global HIV Diagnostics (Volume and Value) by Type
2.3 Global HIV Diagnostics (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global HIV Diagnostics Sales, Consumption, Export, Import by Regions
Chapter 5 North America HIV Diagnostics Market Analysis
Chapter 6 East Asia HIV Diagnostics Market Analysis
Chapter 7 Europe HIV Diagnostics Market Analysis
Chapter 8 South Asia HIV Diagnostics Market Analysis
Chapter 9 Southeast Asia HIV Diagnostics Market Analysis
Chapter 10 Middle East HIV Diagnostics Market Analysis
Chapter 11 Africa HIV Diagnostics Market Analysis
Chapter 12 Oceania HIV Diagnostics Market Analysis
Chapter 13 South America HIV Diagnostics Market Analysis
Chapter 14 Company Profiles and Key Figures in HIV Diagnostics Business
Chapter 15 Global HIV Diagnostics Market Forecast (2021-2028)
Chapter 16 Conclusions
Research Methodology….
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