About HIV-AIDS Diagnostics
According to WHO study, HIV-AIDS is the major health concern among the public, with an increased prevalence rate of HIV and subsequent increase of patients suffering from HIV-AIDS has tremendous demand for technologies for HIV-ADIS diagnostics among people. HIV is Human Immunodeficiency Virus that causes an infection that leads to Acquired Immunodeficiency Syndrome (AIDS) and hence leads to a weak immune system and allows life-threatening infections and cancer to thrive in, it often spread through unprotected sex with an infected person or sharing needles with an infected person, and infected blood transfusions. HIV-AIDS diagnostics help in initial detection and enhanced treatment along with effective patient care, which prevents health degradation and helps in retaining one’s quality of life.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that Global Players will contribute the maximum growth to Global HIV-AIDS Diagnostics market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Siemens AG (Germany), Roche Diagnostics (Switzerland), Abbott Laboratories (United States), Danaher Corporation (United States), Thermo-Fisher Scientific Inc. (United States), Merck KGaA (Germany), Becton, Dickinson, and Company (United States), Hologic, Inc. (United States), Alere Inc. (United States) and Bio-Rad Laboratories (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global HIV-AIDS Diagnostics market by Type (Assay, Kit, Reagent, Instrument, Software, Services and Others), Application (Diagnostic Laboratories, Hospitals, Blood Banks, Home Care Settings and Other) and Region.
On the basis of geography, the market of HIV-AIDS Diagnostics has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Test Type, the sub-segment i.e. Antibody Tests (ELISA will boost the HIV-AIDS Diagnostics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Adoption of Use of Home Access Kits and Instruments
Market Growth Drivers:
Growing Worldwide Occurrence of HIV/Aids, Increasing Number of Blood Transfusions and Blood Donations Globally and Increasing Government Initiatives for HIV-ADIS Free Population
Challenges:
Issue Related to Cost and Limited Centralized Testing Facilities and Rapid Molecular Change for HIV Diagnostics
Restraints:
High Cost of Nat (Nucleic Acid Tests) and Lack of Mandates for Nat in Developing Countries
Opportunities:
Growth Opportunities for HIV Diagnosis in Emerging Economies and Rising Research and Development for Early Diagnosis, Treatment, and Prevention Form HIV-AIDS
Market Leaders and their expansionary development strategies
In September 2020, Roche , launched of the Elecsys HIV Duo immunoassay in the U.S., following FDA approved. Through separate measurement of the HIV p24 antigen (the virus) and anti-HIV antibodies (caused by immune reaction), this test can detect an acute HIV infection earlier than current methods. This approval enables a robust, comprehensive infectious diseases menu on the cobas e 801 system and a significant step towards bringing holistic value to the U.S. market within the area of infectious diseases.
In August 2022, Molbio Diagnostics has launched a new test for differential diagnosis of HIV 1 and HIV 2 with viral loads within 60 minutes. The test works on the existing Truelab infrastructure and will require no additional set-ups and equipment, the company claims.
Key Target Audience
Manufacturers of HIV Diagnosis Products, Vendors and Distributors of Powered Surgical Instruments, Hospitals, Research Institutes Related to HIV/AIDS Studies, Venture Capitalists and Investors and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.