HIV rapid test kits help in determining the presence of antibodies for HIV in body fluids. The test kits include simple, single-use, disposable devices that can provide results within limited time. These devices are designed for using unprocessed specimens such as saliva and blood to detect antibodies.
The availability of favorable reimbursements in developed countries is expected to be one of the major factors that will have a positive impact on the growth of the market. Limited reimbursement coverage for laboratory testing is offered by the US, Australia, and some countries in the EU. Both public and private players such as Aetna, AvMed, CIGNA, UnitedHealthcare, Humana, and Medicaid are offering Florida Individual Health Insurance Plans Preventive Services Coverage for HIV Testing in the US. Similarly, BioSURE sells its HIV rapid HIV/AIDS testing kit through the National Health Services (NHS) and nongovernmental organizations (NGOs) in the UK and can be reimbursed by the government. The availability of such reimbursements will increase the demand for HIV test kits, fueling market growth.
The demand for HIV rapid test kits is high in the Americas due to the rising number of campaigns that are established in the region to educate people about HIV. HIV treatment works is an interventional communications campaign, which is offered by Centers for Disease Control and Prevention (CDC). The HIV/AIDS testing market will continue to grow in the region during the forecasted period due to the rising awareness about HIV and AIDS.
The global Human Immunodeficiency Virus (HIV) Rapid Test Kits market is valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Human Immunodeficiency Virus (HIV) Rapid Test Kits market based on company, product type, end user and key regions.
This report studies the global market size of Human Immunodeficiency Virus (HIV) Rapid Test Kits in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Human Immunodeficiency Virus (HIV) Rapid Test Kits in these regions.
This research report categorizes the global Human Immunodeficiency Virus (HIV) Rapid Test Kits market by top players/brands, region, type and end user. This report also studies the global Human Immunodeficiency Virus (HIV) Rapid Test Kits market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
F. Hoffmann-La Roche
Market size by Product
Rapid Immunoassay Test
Rapid Molecular Diagnostic Test
Market size by End User
Market size by Region
Central & South America
Rest of Central & South America
Middle East & Africa
The study objectives of this report are:
To study and analyze the global Human Immunodeficiency Virus (HIV) Rapid Test Kits market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Human Immunodeficiency Virus (HIV) Rapid Test Kits market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Human Immunodeficiency Virus (HIV) Rapid Test Kits companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Human Immunodeficiency Virus (HIV) Rapid Test Kits submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Human Immunodeficiency Virus (HIV) Rapid Test Kits are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Human Immunodeficiency Virus (HIV) Rapid Test Kits market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.