Health & Safety Industry Today
APAC HIV Test Kit Market Projected to Hit $487.70 Billion by 2028 - Blood Sample Segment to Capture the Major Share - Exclusive Research Report by Arizton
According to Arizton’s research report, the APAC HIV rapid test kits market is growing at a CAGR of 2.57% during the forecast period.
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The APAC market is witnessing significant growth due to the increasing prevalence of HIV infection and the increase in government support and funding for HIV management. The APAC HIV rapid test kits market growth can be attributed to the rise in the target patient population, high acceptance of HIV rapid test kits among people, high awareness of HIV infection, and increase in government support and funds.
Key Highlights
- The offline segment dominates the distribution channels and accounts for 68.77% of the APAC HIV rapid test kits market share. Easy access and availability with the convenience of buyers are the major factors that drive significant sales through offline channels.
- The rise of 4th-generation and 5th-generation rapid test kits in the market has become more popular in the coming years. One of the leading market players OraSure Technologies, got approval for a home test kit known as the OraQuick In-Home HIV Test (4th generation), which gives results in 20 to 40 minutes.
- Abott, OraSure Technologies, Bio-Rad Laboratories, ChemBio Diagnostics, and Biomerieux are the leading players in the APAC HIV rapid test kits market. The market offers tremendous growth opportunities for existing and future/emerging players because of the high prevalence of HIV and awareness about the HIV status of the population.
- Based on sample type, the blood sample type segment accounted for a major market share in the APAC HIV rapid test kits market and dominated the other segments. These test kits work based on the principle that antibodies produced by an HIV-infected person will react in an Ag-Ab reaction when they accidentally meet the antigen from the virus. Blood sample-based HIV quick test kits are highly recommended by medical professionals due to their potential to carry HIV antibodies in high proportion.
Why this Report?
This report offers market size & forecast data for the HIV rapid test kits market in the APAC region. The revenue generated from the sale of HIV rapid test kits, which are a type of self-test kit, and HIV rapid test kits purchased by individuals who can perform HIV rapid tests at home alone, are included in the report. Mail-in HIV self-test kits and Laboratory-based antigen/antibody HIV tests are excluded from the report's scope. This report provides a comprehensive and current market scenario of the APAC HIV rapid test kits, including the APAC HIV rapid test kits market size, anticipated market forecast, relevant market segmentations, and industry trends.
How Will the APAC HIV Rapid Test Kits Market Insights Help Business Growth?
- Development and designing of in-licensing and out-licensing strategies to identify companies with the most robust services.
- Analysis of several micro-market indicators considering growth factors, market prospects, and contribution to the market strategically.
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The Following Market Segment Analysis is Included in this Report
- Technology type
- Lateral Flow Immunoassay
- Immuo-filtration
- Sample type
- Blood
- Oral Fluid
- Others
- Distribution Channel type
- Offline
- Online
- Key Vendors
- Abbott Laboratory
- Bio-Rad Laboratory
- BioMerieux
- ChemBio Diagnostics
- OraSure Technologies
- Other Prominent Vendors
- bioLytical Laboratories
- Biosynex
- DIALAB
- AccuBioTech
- Cupid Limited
- Nanjing Synthgene Medical Technology
- HUMAN Diagnostics World
- INTEC
- J. Mitra & Co.
- Meril Life Sciences
- MP Biomedicals
- Medsource Ozone Biomedicals
- Premier Medical
- SD Biosensor
- Türklab A.S.
- Trinity Biotech
- Atomo Diagnostics
- KHB (SHANGHAI KEHUA BIO-ENGINEERING)
- Wantai BioPharma
- Wondfo
Key Questions Answered in the Report:
What was the size of the APAC HIV rapid test kits market in 2022?
Which country holds the highest market share in HIV rapid test kit in APAC?
Which is the growth rate of HIV rapid test kit market in APAC?
Table of Contents
CHAPTER - 1: HIV Rapid Test Kits Market Overview
- Executive Summary
- Introduction
- Key Findings
CHAPTER - 2: HIV Rapid Test Kits Market
- APAC: Projected Revenue of HIV Rapid Test Kits Market (2022-2028; $Millions)
CHAPTER - 3: HIV Rapid Test Kits Market Segmentation Data
- APAC: Projected Revenue by Technology type (2022-2028; $Million)
- Technology type Snapshot
- Lateral Flow Immunoassay type
- Immuno-filtration type
- Market Share by Technology Type Snapshot
- APAC: Projected Revenue by Sample type (2022-2028; $Millions)
- Sample type Snapshot
- Blood
- Oral Fluid
- Urine
- Market Share by Sample Type Snapshot
- APAC: Projected Revenue of HIV Rapid Test Kits by Distribution channel type (2022-2028; $Millions)
- Distribution Channel type Snapshot
- Offline
- Online
- Market Share by Distribution Channel Type Snapshot
- China: Projected Revenue of HIV Rapid Test Kits Market (2022-2028; $Millions)
- India: Projected Revenue of HIV Rapid Test Kits Market (2022-2028; $Millions)
- Indonesia: Projected Revenue of HIV Rapid Test Kits Market (2022-2028; $Millions)
- Thailand: Projected Revenue of HIV Rapid Test Kits Market (2022-2028; $Millions)
- Vietnam: Projected Revenue of HIV Rapid Test Kits Market (2022-2028; $Millions)
CHAPTER - 4: HIV Rapid Test Kits Prospects & Opportunities
- HIV Rapid Test Kits Market Drivers
- HIV Rapid Test Kits Market Trends
- HIV Rapid Test Kits Market Constraints
CHAPTER - 5: HIV Rapid Test Kits Industry Overview
- HIV Rapid Test Kits - Competitive Landscape
- HIV Rapid Test Kits - Key Players
- HIV Rapid Test Kits - Key Company Profiles
- HIV Rapid Test Kits - Key Strategic Recommendations
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