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HIV Diagnostics Market 2020 By Regional Trend & Growth Forecast To 2024

Author : Ronak Bora | Published Date : 2020-09-21 

HIV Diagnostics Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.

The world has witnessed an evident increase in the number of HIV cases. As per data furnished by the UNAIDS, in the year 2017, there were over 35 million people affected with HIV globally. Moreover, nearly 1.8 million fresh cases of HIV were reported in the same year.

The high surge in HIV cases has amplified the need for a reliable, precise, and an updated HIV diagnostic solution in the coming times. As per reports, HIV diagnostics market could surpass USD 5 billion in total valuation by the end of 2024.

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In the year 2017, antibody tests were responsible for over 33% of the industry’s total revenue share and are expected to witness considerable gains over the years. The growth is primarily attributed to the surging cases of HIV infections in developing regions. The presence of various antibody tests like home tests for early HIV detection will supplement the industry trends. Growing awareness among people in both developed and developing nations is fueling the need to undergo blood check-ups along with gaining adequate knowledge regarding HIV.

The U.S. HIV diagnostics industry has witnessed notable expansions over the years due to the strong healthcare industry in the region, improved economic conditions among people along with the availability of easy medical financing schemes such as cashless payments and reimbursement options.

Another major factor supporting regional business growth is the growing number of HIV infection cases and awareness among the people regarding HIV treatment and diagnosis. Efforts are also undertaken by the government to extend advanced HIV diagnosis solutions.

Viral load testing segment will register significant gains during the coming years with the increasing need for early detection of the HIV infection along with monitoring the treatment procedures. Constant technological developments like nucleic and sequence-based amplification assay branched DNA and reverse transcription-polymerase chain reaction to examine blood HIV load will complement developments in the segment.

Many private entities are joining hands with public authorities to extend their support towards expanding reliable HIV diagnostic tools. For instance, in the year 2018, the Ministry of Health, Kenya signed a partnership with Swiss pharmaceutical giant Roche to launch a state-of-the-art laboratory to improve the screening of HIV virus by 2030. The HIV diagnostic laboratory named Cobas 8800 was installed at Kenya Medical Research Institute. The aim behind its establishment if to achieve 100% HIV testing in the future.

Certain prominent HIV diagnostic companies include Hologic, Healthineers, ChemBio Diagnostics, Cepheid, and Pointcare Technologies, among numerous others. 

Browse full table of contents (TOC) of this report @ https://www.gminsights.com/toc/detail/hiv-diagnostics-market

Partial Chapter of the Table of Content 

Chapter 3.  HIV Diagnostics Industry Insights

3.1. Industry segmentation

3.2. Industry landscape, 2013 - 2024

3.3. Industry impact forces

3.3.1.  Growth drivers

3.3.1.1.  Favorable regulatory landscape in the U.S.

3.3.1.2.  Point-of-care (POC) HIV diagnostics development

3.3.1.3.  Increasing number of blood transfusions and blood donations

3.3.1.4.  Rising AIDS/HIV prevalence in low and middle-income countries

3.3.1.5.  Increasing government initiatives for HIV awareness

3.3.2.  Industry pitfalls and challenges

3.3.2.1.  Low degree of penetration in underdeveloped market

3.4. Growth potential analysis

3.4.1.  By product

3.5. Regulatory landscape

3.6. Technology landscape

3.6.1.  Point of care tests (rapid tests)

3.6.2.  Over-the-counter tests (OTC)

3.7. Reimbursement scenario

3.8. Pricing analysis

3.9. Porter’s analysis

3.10. Competitive landscape, 2017

3.10.1. Strategy dashboard

3.11.    PESTEL analysis

Chapter 4.  HIV Diagnostics Market, By Product

4.1. Key segment trends

4.2. Antibody tests

4.2.1.  Market size, by region, 2013-2024 (USD Million)

4.2.2.  HIV-1 screening tests

4.2.2.1. Market size, by region, 2013-2024 (USD Million)

4.2.2.2.    ELISA/EIA

4.2.2.2.1. Market size, by region, 2013-2024 (USD Million)

4.2.2.3. Home access dried blood spot

4.2.2.3.1. Market size, by region, 2013-2024 (USD Million)

4.2.2.4. Rapid tests

4.2.2.4.1. Market size, by region, 2013-2024 (USD Million)

4.2.3.  HIV-1 confirmatory tests

4.2.3.1. Market size, by region, 2013-2024 (USD Million)

4.2.3.2.    Western blot test

4.2.3.2.1. Market size, by region, 2013-2024 (USD Million)

4.2.3.3. Indirect immunofluorescent antibody assay (IFA)

4.2.3.3.1. Market size, by region, 2013-2024 (USD Million)

4.2.3.4. Line immunoassay (Cnf)

4.2.3.4.1. Market size, by region, 2013-2024 (USD Million)

4.2.3.5. Radioimmunoprecipitation assay (RIPA)

4.2.3.5.1. Market size, by region, 2013-2024 (USD Million)

4.2.4.  HIV-2 & Group O diagnostic tests

4.2.4.1. Market size, by region, 2013-2024 (USD Million)

4.2.4.2.    Blood antibody test

4.2.4.2.1. Market size, by region, 2013-2024 (USD Million)

4.2.4.3. Dried blood spot (DBS) test

4.2.4.3.1. Market size, by region, 2013-2024 (USD Million)

4.2.4.4. Line immunoassay (HIV-2)

4.2.4.4.1. Market size, by region, 2013-2024 (USD Million)

4.2.4.5. Others

4.2.4.5.1. Market size, by region, 2013-2024 (USD Million)

4.3. Viral identification assays

4.3.1.  Market size, by region, 2013-2024 (USD Million)

4.3.2.  p24 antigen tests

4.3.2.1. Market size, by region, 2013-2024 (USD Million)

4.3.3.  Qualitative PCR tests

4.3.3.1.    Market size, by region, 2013-2024 (USD Million)

4.3.4.  Viral culture

4.3.4.1. Market size, by region, 2013-2024 (USD Million)

4.4. CD4 testing

4.4.1.  Market size, by region, 2013-2024 (USD Million)

4.5. Viral load testing

4.5.1.  Market size, by region, 2013-2024 (USD Million)

4.6. Early infant diagnosis

4.6.1.  Market size, by region, 2013-2024 (USD Million)

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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