PPT-HIV Diagnostics Market: Global Market Insights, Inc.

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HIV Diagnostics Market 2016 2023
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Global Market Scenario of HIV Diagnostics

• HIV Diagnostics Market size was USD 2.4 billion
  in 2015, and is forecast to grow at 9.5 CAGR up
  to 2023.
• Growing HIV/AIDS prevalence, and rapid clinical
  developments in terms of point of care
  diagnostics will drive global HIV diagnostics
  market size throughout the forecast period.
• HIV is found to be a common disease, especially
  in resource limited areas owing to low health
  awareness among the population, and successful
  implementation of antiretroviral treatment ART
  program, which allows people with HIV to live
  significantly longer, thus increasing percentage
  of HIV-infected people in their surroundings.
• The proportion of HIV infected population in
  South Africa has increased from 10.6 in 2008 to
  12.2 from 2012 as per the estimates by Human
  Sciences Research Council's (HSRC) National HIV
  Prevalence, Incidence and Behavior Survey.
• https//www.gminsights.com/industry-analysis/hiv-d
  iagnostics-market

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• Rising prevalence of HIV has led to growing
  concern among the government driving them to
  incessantly invest in activities aimed at curbing
  disease burden costs of HIV/AIDS.
• Several such activities include encouraging
  population to take up regular early diagnosis
  tests. Multinational health care establishments
  such as UNITAID promote awareness and aid in
  finding novel techniques for diagnosis and
  eradication of HIV infection
• Federal initiative by the government of Canada
  for treatment of HIV/AIDS at different levels of
  progression of this disease is expected to drive
  usage of HIV diagnostic tests.
• Moreover, the need for more accuracy and
  cost-effective diagnostic tests has led to the
  introduction of novel technologies for diagnosis
  of HIV infection. Such novel technologies that
  are expected to be more accurate and feasible
  include CD4, drug resistance, viral load testing,
  and early infant diagnosis.
• Get more detail _at_ https//www.gminsights.com/indu
  stry-analysis/hiv-diagnostics-market

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U.S. HIV Diagnostics Market Size, by Product,
2012 - 2023 (USD Million)

https//www.gminsights.com/industry-analysis/hiv-d
iagnostics-market
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360 Analysis

• Application Analysis
• Antibody tests segment grabbed the largest
  overall HIV diagnostics market share, exceeding
  USD 1.5 billion by 2023. Widespread usage and,
  introduction of advanced PoC technologies
  designed to overcome the potential cell
  distinguishing drawbacks and provide quick and
  accurate results will drive segment growth. 
• Regional Analysis
• North America held a predominant chunk in the
  overall HIV diagnostics industry, valued at USD
  946 million in 2015, rapid adoption of
  technologically advanced diagnostic solution
  service providers, and increasing demand for
  portable and point of care tests drives regional
  growth.
• Asia Pacific should grow at 10.7 CAGR from 2016
  to 2023, owing to improvement in access to
  healthcare facilities, along with increase in
  awareness levels amongst population in this
  region. 
• Competitive Market Share
• Global HIV diagnostics market share is
  competitive, garnered by the presence of number
  of large firms, and various small players. Market
  players are undergoing collaborations, and
  mutually beneficial agreements with smaller
  market entities to enter untapped markets. Roche
  Diagnostics, Siemens Healthcare, Abbott
  Healthcare, and Alere, Inc are major players in
  the market.

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