About HIV Protection Kit
The increasing demand for point-of-care tests for HIV, HBV, and HCV is one of the most important development factors for the global market for HIV / HBV / HCV test kits. POC test technologies are now more reliable, readily available, and extremely affordable. Such benefits add to their growing popularity and ultimately help the market reach new heights. Early detection of HIV can be of great benefit to the patient because the doctor can create a more efficient treatment plan. Of course, manufacturers, NGOs, and the government are making the masses aware of the HIV / HBV / HCV test kits. The high prevalence of HIV and viral hepatitis infections, particularly in low and middle-income countries, has primarily contributed to the growth of the HIV / HBV / HCV test kit market. Future developments in the market should go hand in hand with a global commitment to stop new infections and ensure that existing patients have access to advanced treatment.
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 expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to avail of competitive advantage through combined collaborations. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global HIV Protection Kit 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 Protection Kit market by Type (Assay-Based Test Kits and Rapid Test Kits), Application (Hospitals, Clinics and Diagnostic Laboratories) and Region.
On the basis of geography, the market of HIV Protection Kit 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 Distribution Channel, the sub-segment i.e. Pharmacies will boost the HIV Protection Kit market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sample Type, the sub-segment i.e. Blood Sample will boost the HIV Protection Kit market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The Intensive Awareness Programs Undertaken By Several NGOs across the Globe and The Rising Number of Diagnostic Centers Owing To the Rising Demand for Quality Medical Services
Market Growth Drivers:
The Growing Worldwide Prevalence of HIV/AIDS, Increasing Number of Blood Transfusions and Blood Donations, Increasing Government Initiatives and Increase in Use of Home Access Kits and Instruments
Challenges:
The Presence of Several Vendors
Restraints:
High Cost of Nat and Lack of Mandates for Nat in Developing Countries
Opportunities:
Emerging Economies Offer Lucrative Growth Opportunities for HIV Diagnosis and Increasing Investments by the Leading Players to Make These HIV/HBV/HCV Test Kits More Efficient, Reliable, and Affordable
Market Leaders and their expansionary development strategies
In June 2019, QIAGEN announced that the company is partnering with DiaSorin to expand its collaboration with QuantiFERON. The goal of this expansion is to develop a highly sensitive diagnostic test kit for Lyme disease and other immune deficiency diseases in order to meet the increasing global demand.
In July 2019, F. Hoffmann La Roche, a leading name in the global HIV / HBV / HCV test kit market, announced that the company is expanding its global access program, which includes tests for human papillomavirus (HPV), hepatitis B and C ( HBV and HCV) and TB, apart from the existing HIV test.
Key Target Audience
Manufacturers of HIV Protection Kit, Suppliers and Distributors of HIV Protection Kit, Downstream Vendors, Private Research Institutes, Market Research Organizations 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.