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(MoneyNewsWire.Net, May 04, 2018 ) The North America HIV diagnostics Market was worth USD 652.14 million in 2016 and estimated to be growing at a CAGR of 9.0%, to reach 1003.4 million by 2021. The human immunodeficiency virus (HIV) refers to a kind of retrovirus that causes (AIDS). HIV affects some immune cells and it weakens immune system bringing about loss of capacity to fight against the organisms that causes diseases.
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HIV spreads through exchange of fluids with some infected individual, for example, blood exchange or imparting needles to somebody who is HIV infected. Additionally, HIV can spread from infected mother to child during pregnancy. Here are some of the symptoms of HIV disease are weakness, slight fever, swollen glands, cerebral pains and muscle hurts. The present situation is like various POC/rapid tests are under clinical advancement and examination in the item pipelines of significant market members and are relied upon to acquire regulatory approval in various local segments of the market. This normal increment in the quantity of item offerings to the worldwide market space is required to fuel the development of the HIV diagnostics industry over the forecast period.
Major factors driving the market are, the technological advancement of disease diagnostic tests, and the foreseen improvement and commercialization of novel, regulatory authorities approved POC and rapid CD4, p24 antigen and EID tests; it is expected that all the major regional market segments will witness an expansion in market demand over the forecast period. There is a need to increase in introducing easily accessible, efficient robust diagnostics tests. Because of the financial resource constrained settings in a huge share of the disease affected regions it is as yet not feasible to perform the current, complex screening, staging and monitoring tests. This is either because of the absence of adequate testing labs or an absence of prepared clinical technicians capable of performing the tests. These limitations of laboratory based testing are a catalyst to the improvement of convenient and simple to execute point of care, rapid tests.
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The North America HIV Diagnostics Market is categorized on the basis of Product, End-User, Type, and geography. Based on product, market is divided into Instruments, Consumables (Assays and Kits & Reagents, Other consumables), Software & Services. Based on Type, market is segmented into HIV-2 & Group O Diagnostic Tests, Antibody Tests, Viral Identification Tests, Viral load testing, CD4 Testing, Early Infant Diagnostics. Further, on the basis of Antibody tests, the market is segmented into (HIV-1 Screening tests- Elisa/EIA, Home Access Dried blood spots. Rapid Tests), (HIV-1 Antibody Confirmatory Tests- Western Blot Test, Line immunoassays(Cnf), Indirect immunofluorescence Assays(IFA), Radio immunoprecipitation Assays(RIPA)). Based on HIV-2 & Group O Diagnostic Tests, the market is further categorized into Blood Antibody Tests, Line Immuno Assay (HIV-2), DBS Tests, and based on Viral Identification Tests, market is divided into Qualitative PCR Tests, p24 Antigen Test, Viral Culture. On the basis of geography, the North America market is analyzed under various regions namely U.S and Canada. HIV Diagnostics Market was dominated by North America, with the overall market share of over 38% globally. North America was followed by Asia pacific.
Some of the major companies leading the market, by their products as well as services include Abbott Healthcare, Alere Inc., Abbvie Inc., Brsitol-Myers Squibb, Gilead Sciences, Merck & Co. Inc, Janssen Therapeutics, BD Biosciences, VIIV Healthcare, Partec, Sysmex, Beckman Coulter, Apogee Flow Systems, Mylan inc., PointCare Technologies Inc., Zyomyx Inc., Roche Diagnostics, Siemens Healthcare, Qiagen, and bioMerieux
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