Global HIV/AIDS Immunoassay Diagnostics Market Size By Product (Consumables, Instruments), By Test Type (Antibody Tests, Viral Load Tests, CD4 Tests), By End User (Diagnostic Laboratories, Hospitals, Blood Banks), By Geographic Scope And Forecast

Report ID: 39810|No. of Pages: 202

HomePharma & Healthcare ResearchMedical Devices ResearchHIV/AIDS Immunoassay Diagnostics Market
product image

Global HIV/AIDS Immunoassay Diagnostics Market Size By Product (Consumables, Instruments), By Test Type (Antibody Tests, Viral Load Tests, CD4 Tests), By End User (Diagnostic Laboratories, Hospitals, Blood Banks), By Geographic Scope And Forecast

Report ID: 39810|Published Date: Feb 2024|No. of Pages: 202|Base Year for Estimate: 2020|Format:   Report available in PDF formatReport available in Excel Format

HIV/AIDS Immunoassay Diagnostics Market Size And Forecast

HIV/AIDS Immunoassay Diagnostics Market size was valued at USD 2.86 Billion in 2020 and is projected to reach USD 6.33 Billion by 2028, growing at a CAGR of 10.50% from 2021 to 2028.

Due to breakthroughs in research and development, diagnostic technology has advanced at a rapid rate over the last decade. The need for automated clinical laboratories has paved the way for effective and accurate antibodies and antigen detection techniques in the HIV/AIDS immunoassay diagnostics industry. The human immunodeficiency virus (HIV) remains a major public health issue and a medical challenge, despite substantial progress. Antiretroviral therapy (ART) initiation, early diagnosis, and viral load assessment are some of the most successful and important HIV management techniques.

Detection of virus molecules (p24 antigen and HIV RNA) and/or different antibodies to the virus are two options for HIV diagnostic tests. Antibodies and p24 antigens are detected using HIV/AIDS immunoassays in particular. The demand for effective diagnostic techniques has increased significantly worldwide as a result of the need to combat HIV/AIDS and other forms of HIV infections.

The market is expected to rise due to factors such as the rising global prevalence of HIV/AIDS, the number of blood transfusions and blood donations, the benefits provided by point-of-care instruments and kits, and increased government initiatives. The global increase in HIV incidence, HIV infections among the young population, blood donations, HIV diagnosis awareness around the world, and favourable government initiatives for HIV/AIDS diagnosis and prevention are expected to drive the global HIV/AIDS immunoassay diagnostics market during the forecast period.

>>> Get | Download Sample Report @- https://www.verifiedmarketresearch.com/download-sample/?rid=39810

HIV/AIDS Immunoassay Diagnostics Market Size And Forecast

Global HIV/AIDS Immunoassay Diagnostics Market Definition

Laboratory-based techniques for detecting the presence of HIV-1/2 antibodies and/or HIV-1 p24 antigen include enzyme immunoassays (EIA), chemiluminescence immunoassays (CLIA), and electrochemiluminescence immunoassays (ECLIA). As the global rate of HIV infection rises, the HIV/AIDS Immunoassay Diagnostics Market is expected to expand. As the use of blood transfusions and donations has grown, so has the use of testing kits to test donated blood. On the other hand, the lack of research mandates in developing countries and the high cost of Nat is limiting the market growth of HIV immunoassay diagnostics.

Enzyme for HIV The most commonly used screening procedure for HIV diagnosis is an immunoassay. Immunoassays provide accurate results and allow for the testing of a large number of samples regularly. Instrument-based, rapid assays, plates, and immunoblots are all forms of HIV biosensors. In the current scenario, HIV immunoassays are in their fourth generation, with the identification of both HIV antibodies and HIV-1 antigen resulting in a shorter window time and the possibility of HIV detection. Here, generation is a major change to the assay format that allows for effective HIV detection. According to international standards, HIV testing should take place in a quality-controlled environment with adequate funding for laboratory testing management and testing quality.

The following are the most popular HIV and AIDS tests: ELISA (Enzyme-Linked Immunosorbent Assay The enzyme-linked immunosorbent assay (ELISA) is used to detect HIV infection. When an ELISA test results in a positive result, a Western blot test is used to validate the diagnosis. Antibody tests (also known as immunoassays) look for HIV antibodies. Your health care provider may suggest that you get the test performed in a lab. You may also get it done at a testing center or at home with a kit. Antibodies can be detected in these studies as early as a few weeks after you’ve been infected with the virus.

A laboratory test that can detect both HIV antibodies and p24 antigen is the most accurate and effective routinely used diagnostic HIV test. Since they detect both substances, they are referred to as mixture or combo tests. They’re called “fourth-generation” experiments because they use more sophisticated technologies than previous generations.

>>> Ask For Discount @ – https://www.verifiedmarketresearch.com/ask-for-discount/?rid=39810

Global HIV/AIDS Immunoassay Diagnostics Market Overview

The ability to diagnose HIV with high precision is driving the global HIV/AIDS Immunoassay Diagnostics Market forward. Other significant factors such as the growing adoption rate of home kits for HIV diagnosis and testing, the investments from private and government organizations in developing successful diagnostic techniques for treating HIV patients, and the advent of easy, rapid assays with visual testing and better handling are all contributing to the global HIV/AIDS Immunoassay Diagnostics Market’s rapid development.

According to the WHO, the number of people diagnosed with HIV is in the millions, with a few million people dying each year. AIDS is a type of HIV that has progressed to the point where it affects the immune system. AIDS patients are described as those with a CD4 cell count of fewer than 200 cells per millimetre. This HIV test requires blood, serum, or urine samples, with blood samples providing the most reliable results.

• Growing Worldwide Prevalence of HIV/Aids
• Transfusions and blood donations are becoming more common.
• Benefits Offered by Point-Of-Care Instruments & Kits
• Increasing Government Initiatives

One of the major stumbling blocks to market expansion is the ineffective operation of regulatory bodies with strict regulations. High costs associated with nucleic acid testing (NAT) and advanced HIV diagnostics, as well as a lack of a proper regulatory structure for NAT in developed countries, are expected to slow the global HIV/AIDS Immunoassay Diagnostics Market’s growth rate.

• High Cost of Nat
• In developing countries, there are no Nat mandates.

Increased blood transfusions and donations have resulted from advances in HIV testing of blood products and donated blood to prevent HIV transmission by blood transfusion. Diagnostic tests for testing donated blood and blood products according to set criteria to prevent disease spread have become more common in recent years. Efforts by organizations like the World Health Organization (WHO) and the National Aids Control Organization (NACO) to encourage safer blood donations and transfusions will boost demand for such tests, boosting business growth. Restricted access to HIV diagnostics in low-income or developing countries, on the other hand, could stifle business growth in the long run.

Global HIV/AIDS Immunoassay Diagnostics Market Segmentation Analysis

The Global HIV/AIDS Immunoassay Diagnostics Market is Segmented on the basis of Product, Test Type, End-User, And Geography.

HIV/AIDS Immunoassay Diagnostics Market Segmentation Analysis

HIV/AIDS Immunoassay Diagnostics Market, By Product

• Consumables
o Assays and Kits & Reagents
o Other Consumables
• Instruments

 

Based on Product, The Global HIV/AIDS Immunoassay Diagnostics Market is segmented into Consumables And Instruments.

HIV/AIDS Immunoassay Diagnostics Market, By Test Type

• Antibody Tests
o HIV-1 Screening Tests
? ELISA
? Rapid Tests
? Home Access Dried Blood Spot
o HIV-1 Confirmatory Tests
? Western Blot Tests
? Indirect Immune Fluorescent Antibody Assays (IFA)
? Line Immunoassays (LIA)
? Radio-Immunoprecipitation Assays (RIPA)
o HIV-2 & Group O Diagnostic Tests
• Viral Load Tests
• CD4 Tests
• Tests for Early Infant Diagnosis
• Tests for Viral Identification

Based on Test Type, The Global HIV/AIDS Immunoassay Diagnostics Market is segmented into Antibody Tests, Viral Load Tests, CD4 Tests, Tests for Early Infant Diagnosis, & Tests for Viral Identification.

HIV/AIDS Immunoassay Diagnostics Market, By End User

• Diagnostic Laboratories
• Hospitals
• Blood Banks
• Home Care Settings
• Other End Users

Based on End User, The Global HIV/AIDS Immunoassay Diagnostics Market is segmented into Diagnostic Laboratories, Hospitals, Blood Banks, Home Care Settings & Other End Users.

HIV/AIDS Immunoassay Diagnostics Market, By Geography

• North America
• Europe
• Asia Pacific
• Rest of the world

 

HIV/AIDS Immunoassay Diagnostics Market By Geography

On the basis of Geography, the Global HIV/AIDS Immunoassay Diagnostics Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. North America dominated the global HIV diagnostics industry, accounting for more than 38% of the total market share. The Asia Pacific came in second, led by North America. Because of the high unmet demand in India and China, the Asia Pacific region developed rapidly in the coming years. With the largest market share, North America will dominate the HIV/AIDS Immunoassay Diagnostics Market. The rising incidences of various health diseases, as well as the increasing demand for the production of novel drugs, are driving the market’s application in this area.

The rise in the North American area is also due to increased public awareness, government measures to prevent HIV, expanded testing, and the expansion of health facilities. Following North America, Europe and Asia-Pacific are expected to have the highest share during the time. Increased disposable income and newly designed healthcare equipment are driving industry demand. India and China, for example, are major contributors to the market’s largest share.

Key Players

The “Global HIV/AIDS Immunoassay Diagnostics Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Siemens AG (Germany), Roche Diagnostics (Switzerland), Abbott Laboratories (US), Merck KGaA (Germany), Becton, Dickinson and Company (US), Alere Inc. (US), and Bio-Rad Laboratories (US), Danaher Corporation (US), Thermo-Fisher Scientific Inc. (US), Hologic, Inc.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Key Developments

HIV AIDS Immunoassay Diagnostics Market Key Developments And Mergers

Mergers and Acquisitions

• In August 2020, DIAsource ImmunoAssays® SA, the Belgian-based company specializing in development, sales and distribution of clinical diagnostics products, acquired Viro-Immun Diagnostics GmbH, the German company specializing in the development and manufacture of laboratory diagnostics for medical diagnosis of infectious (viral, bacterial, parasitic and candidiasis) and autoimmune diseases.

Product Launches and Product Expansions

• In November 2020, Hologic’s Aptima HIV-1 Quant Dx Assay Received Additional FDA Approval for Use as an Aid in the Diagnosis of HIV Infection.

• In September 2020, Roche received FDA approval for first HIV-1/HIV-2 Qualitative Test on the cobas 6800/8800 Systems in the fight against HIV/AIDS.

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2017-2028

BASE YEAR

2020

FORECAST PERIOD

2021-2028

HISTORICAL PERIOD

2017-2019

UNIT

Value (USD Billion)

KEY COMPANIES PROFILED

Siemens AG (Germany), Roche Diagnostics (Switzerland), Abbott Laboratories (US), Merck KGaA (Germany), Becton, Dickinson and Company (US), Alere Inc.

SEGMENTS COVERED

By Product, By Test Type, By End-User, And By Geography

CUSTOMIZATION SCOPE

Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope

Top Trending Reports

Global Clinical Chemistry Analyzers Market Size And Forecast

Global Endodontic Consumables Market Size And Forecast

Research Methodology of Verified Market Research

Research Methodology VMR

To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our Sales Team at Verified Market Research.

Reasons to Purchase this Report:

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support

Customization of the Report

• In case of any Queries or Customization Requirements please connect with our sales team, who will ensure that your requirements are met.

Frequently Asked Questions

HIV/AIDS Immunoassay Diagnostics Market was valued at USD 2.86 Billion in 2020 and is projected to reach USD 6.33 Billion by 2028, growing at a CAGR of 10.50% from 2021 to 2028.

The market is expected to rise due to factors such as the rising global prevalence of HIV/AIDS, the number of blood transfusions and blood donations, the benefits provided by point-of-care instruments and kits, and increased government initiatives.

The major players Are Siemens AG (Germany), Roche Diagnostics (Switzerland), Abbott Laboratories (US), Merck KGaA (Germany), Becton, Dickinson and Company (US), Alere Inc. (US).

The Global HIV/AIDS Immunoassay Diagnostics Market is Segmented on the basis of Product, Test Type, End-User, And Geography.

The sample report for the HIV/AIDS Immunoassay Diagnostics Market can be obtained on demand from the website. Also, 24*7 chat support & direct call services are provided to procure the sample report.
1 INTRODUCTION OF GLOBAL HIV/AIDS IMMUNOASSAY DIAGNOSTICS MARKET 1.1 Overview of the Market 1.2 Scope of Report 1.3 Assumptions 2 EXECUTIVE SUMMARY 3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH 3.1 Data Mining 3.2 Validation 3.3 Primary Interviews 3.4 List of Data Sources 4 GLOBAL HIV/AIDS IMMUNOASSAY DIAGNOSTICS MARKET OUTLOOK 4.1 Overview 4.2 Market Dynamics 4.2.1 Drivers 4.2.2 Restraints 4.2.3 Opportunities 4.3 Porters Five Force Model 4.4 Value Chain Analysis 5 GLOBAL HIV/AIDS IMMUNOASSAY DIAGNOSTICS MARKET, BY PRODUCT 5.1 Overview 5.2 Consumables 5.2.1 Assays and Kits & Reagents 5.2.2 Other Consumables 5.3 Instruments 6 GLOBAL HIV/AIDS IMMUNOASSAY DIAGNOSTICS MARKET, BY TEST TYPE 6.1 Overview 6.2 Antibody Tests 6.2.1 HIV-1 Screening Tests 6.2.1.1 ELISA 6.2.1.2 Rapid Tests 6.2.1.3 Home Access Dried Blood Spot 6.2.2 HIV-1 Confirmatory Tests 6.2.2.1 Western Blot Tests 6.2.2.2 Indirect Immune Fluorescent Antibody Assays (IFA) 6.2.2.3 Line Immunoassays (LIA) 6.2.2.4 Radio-Immunoprecipitation Assays (RIPA) 6.2.3 HIV-2 & Group O Diagnostic Tests 6.3 Viral Load Tests 6.4 CD4 Tests 6.5 Tests for Early Infant Diagnosis 6.6 Tests for Viral Identification 7 GLOBAL HIV/AIDS IMMUNOASSAY DIAGNOSTICS MARKET, BY END-USER 7.1 Overview 7.2 Diagnostic Laboratories 7.3 Hospitals 7.4 Blood Banks 7.5 Home Care Settings 7.6 Other End Users 8 GLOBAL HIV/AIDS IMMUNOASSAY DIAGNOSTICS MARKET, BY GEOGRAPHY 8.1 Overview 8.2 North America 8.2.1 U.S. 8.2.2 Canada 8.2.3 Mexico 8.3 Europe 8.3.1 Germany 8.3.2 U.K. 8.3.3 France 8.3.4 Rest of Europe 8.4 Asia Pacific 8.4.1 China 8.4.2 Japan 8.4.3 India 8.4.4 Rest of Asia Pacific 8.5 Rest of the World 8.5.1 Latin America 8.5.2 Middle East and Africa 9 GLOBAL HIV/AIDS IMMUNOASSAY DIAGNOSTICS MARKET COMPETITIVE LANDSCAPE 9.1 Overview 9.2 Company Market Ranking 9.3 Key Development Strategies 10 COMPANY PROFILES 10.1 Siemens AG 10.1.1 Overview 10.1.2 Financial Performance 10.1.3 Product Outlook 10.1.4 Key Developments 10.2 Roche Diagnostics 10.2.1 Overview 10.2.2 Financial Performance 10.2.3 Product Outlook 10.2.4 Key Developments 10.3 Abbott Laboratories 10.3.1 Overview 10.3.2 Financial Performance 10.3.3 Product Outlook 10.3.4 Key Developments 10.4 Danaher Corporation 10.4.1 Overview 10.4.2 Financial Performance 10.4.3 Product Outlook 10.4.4 Key Developments 10.5 Thermo-Fisher Scientific Inc. 10.5.1 Overview 10.5.2 Financial Performance 10.5.3 Product Outlook 10.5.4 Key Developments 10.6 Merck KGaA 10.6.1 Overview 10.6.2 Financial Performance 10.6.3 Product Outlook 10.6.4 Key Development 10.7 Becton, Dickinson and Company 10.7.1 Overview 10.7.2 Financial Performance 10.7.3 Product Outlook 10.7.4 Key Developments 10.8 Alere Inc. (US) 10.8.1 Overview 10.8.2 Financial Performance 10.8.3 Product Outlook 10.8.4 Key Developments 10.9 Hologic, Inc. 10.9.1 Overview 10.9.2 Financial Performance 10.9.3 Product Outlook 10.9.4 Key Development 10.10 Bio-Rad Laboratories 10.10.1 Overview 10.10.2 Financial Performance 10.10.3 Product Outlook 10.10.4 Key Development 11 Appendix 11.1 Related Research

Report Research Methodology

Research methodology

Verified Market Research uses the latest researching tools to offer accurate data insights. Our experts deliver the best research reports that have revenue generating recommendations. Analysts carry out extensive research using both top-down and bottom up methods. This helps in exploring the market from different dimensions.

This additionally supports the market researchers in segmenting different segments of the market for analysing them individually.

We appoint data triangulation strategies to explore different areas of the market. This way, we ensure that all our clients get reliable insights associated with the market. Different elements of research methodology appointed by our experts include:

Exploratory data mining

Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.

All the previous reports are stored in our large in-house data repository. Also, the experts gather reliable information from the paid databases.

expert data mining

For understanding the entire market landscape, we need to get details about the past and ongoing trends also. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites.

Last piece of the ‘market research’ puzzle is done by going through the data collected from questionnaires, journals and surveys. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. As a result, the final set of collected data is a combination of different forms of raw statistics. All of this data is carved into usable information by putting it through authentication procedures and by using best in-class cross-validation techniques.

Data Collection Matrix

PerspectivePrimary ResearchSecondary Research
Supplier side
  • Fabricators
  • Technology purveyors and wholesalers
  • Competitor company’s business reports and newsletters
  • Government publications and websites
  • Independent investigations
  • Economic and demographic specifics
Demand side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customer

Econometrics and data visualization model

data visualiztion model

Our analysts offer market evaluations and forecasts using the industry-first simulation models. They utilize the BI-enabled dashboard to deliver real-time market statistics. With the help of embedded analytics, the clients can get details associated with brand analysis. They can also use the online reporting software to understand the different key performance indicators.

All the research models are customized to the prerequisites shared by the global clients.

The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.

Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period.

Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.

Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:

  • Market drivers and restraints, along with their current and expected impact
  • Raw material scenario and supply v/s price trends
  • Regulatory scenario and expected developments
  • Current capacity and expected capacity additions up to 2027

We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.

Primary validation

The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.

The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.

primary validation

Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:

  • Established market players
  • Raw data suppliers
  • Network participants such as distributors
  • End consumers

The aims of doing primary research are:

  • Verifying the collected data in terms of accuracy and reliability.
  • To understand the ongoing market trends and to foresee the future market growth patterns.

Industry Analysis Matrix

Qualitative analysisQuantitative analysis
  • Global industry landscape and trends
  • Market momentum and key issues
  • Technology landscape
  • Market’s emerging opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2027
  • Market revenue estimates and forecasts up to 2027, by technology
  • Market revenue estimates and forecasts up to 2027, by application
  • Market revenue estimates and forecasts up to 2027, by type
  • Market revenue estimates and forecasts up to 2027, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

HIV/AIDS Immunoassay Diagnostics Market

report-detail

Download Sample Report

View More Reports