Human Immunodeficiency Virus (HIV) Rapid Test Kits Market 2018 Global Briefing

“Global Human Immunodeficiency Virus (HIV) Rapid Test Kits Market 2018-2021” The report covers the present scenario and the growth prospects of the global human immunodeficiency virus (HIV) rapid test kits market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

Our analysts forecast the global Human Immunodeficiency Virus (HIV) Rapid Test Kits market to grow at a CAGR of 7.23% during the period 2017-2021

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. Based on the test, the HIV rapid test kits are of two types, namely, rapid immunoassay test and rapid molecular diagnostic test.

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Competitive landscape and key vendors  

The HIV rapid test kits market is characterized by the presence of established global players. The market is competitive and the vendors are increasingly competing against each other based on factors such as aggressive pricing, product differentiation, capital support for product or technology upgradation, and distribution partnerships, and technological advancements.

Essential points covered in Global Human Immunodeficiency Virus (HIV) Rapid Test Kits Market 2018 Research are:-

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the Global Human Immunodeficiency Virus (HIV) Rapid Test Kits market?
• What are the key market trends impacting the growth of the Global Human Immunodeficiency Virus (HIV) Rapid Test Kits market?
• What are the challenges to market growth?
• Who are the key vendors in the Global Human Immunodeficiency Virus (HIV) Rapid Test Kits market?
• What are the market opportunities and threats faced by the vendors in the Global Human Immunodeficiency Virus (HIV) Rapid Test Kits market?
• What are the key outcomes of the five forces analysis of the Global Human Immunodeficiency Virus (HIV) Rapid Test Kits market?

This independent 75 pages report guarantees you will remain better informed than your competition. With over 150 tables and figures examining the Human Immunodeficiency Virus (HIV) Rapid Test Kits market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2021.

Furthermore, the report provides a detailed analysis of the Global Human Immunodeficiency Virus (HIV) Rapid Test Kits market with analysis of market size by value and volume. Along with this, an analysis of penetration rate and the average revenue generated per user (ARPU) in the market has also been done.

The market is divided into the following segments based on geography: APAC, Europe, North America, ROW

Companies Mentioned are: F. Hoffmann-La Roche, and Alere. 

Other prominent vendors: Abbott, AccuBioTech, Access Bio, Ameritek, ALL.DIAG, Atomo Diagnostics, Autobio Diagnostics, Beckman Coulter, BD Biosciences, Bionor, Bio Focus, Bio-Rad Laboratories, bioMérieux, Bundi International Diagnostics, Calypte Biomedical, CS Innovation, Cortez Diagnostics, EY Laboratories, Hangzhou Biotest Biotech, Hema Diagnostics System, Hologic, JAL Innovation, LifeSign , Maccura Biotechnology, MedMira, Medinostics, MPI Diagnostics

Segmentation by end User and analysis of the Human Immunodeficiency Virus (HIV) Rapid Test Kits market- Hospitals and clinics, Diagnostic centers

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IndustryDataAnalytics Announces the Publication of its Research Report: Global Human Immunodeficiency Virus (HIV) Rapid Test Kits Market 2018-2021

Commenting on the report, an analyst from IndustryDataAnalytics team said: One trend in the market is growing preference for self-testing. HIV self-testing in home setting only marks the presence of HIV-1/2 antibodies or the HIV-1 p24 antigen, it does not provide diagnosis. The self-testing kit has an inbuilt control line, which makes the performance of the test accurate and reliable. The increasing preference for the self-testing procedure will drive the adoption of the HIV rapid test kits among people.

Market challenge

High accuracy of ELISA over HIV rapid test kits
For a full, detailed list, view our report       

Market trend

Growing preference for self-testing
For a full, detailed list, view our report         

According to the report, one driver in the market is some favorable reimbursements in developed countries. The favorable reimbursement scenario is an important contributor to the market growth. The US, Australia, and some countries in the EU are offering limited reimbursement coverage for laboratory testing. For instance, in the US, the Florida Individual Health Insurance Plans Preventive Services Coverage for HIV Testing is offered by both public and private payors, namely Aetna, AvMed, CIGNA, UnitedHealthcare, Humana, and Medicaid, for its citizens. Reimbursements offered by insurance companies to the end-users help in increasing the market adoption and expanding business geographically.

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The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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