04-15-2019 08:47 AM CET - Business, Economy, Finances, Banking & Insurance

Hiv Rapid Diagnostics Market– Test Proved to be Important for Obtaining The Early Results By Leading Companies: Abbott Healthcare, BD Biosciences, Roche Diagnostics, Zyomyx Incorporation, Merck & Company Incorporation

Press release from: Coherent Market Insights
Hiv Rapid Diagnostics
Hiv Rapid Diagnostics
HIV testing services can be accessed when a country adopt the strategic combination of service delivery models based on the nature of epidemic, context, cost-effectiveness and available resources. The combination should facilitate the diagnosis of HIV as early as possible to cure the disease on time and provide access to antiretroviral therapy (ART). Also, the use of HIV rapid diagnostics tests has proven to be important strategy to expand access, immediate linkage and follow-up and to enable in the increase in the return of same day results. The infants and children should be diagnosed for HIV as mortality in the first year of life is very high for HIV treated infants which are untreated. Early HIV testing, prompt return of results and rapid initiation of treatments are some of the essential factors. The technology such as Virological testing using nucleic acid testing (NAT) technology can give the better results in HIV diagnosis among this Category of Patients.

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With the increasing prevalence of HIV/AIDS globally and various governmental initiatives by countries to generate the awareness of HIV in people has driven the growth of the HIV Diagnostic Market. The region with lower literacy rate where the people are not aware of the transmission mode, changing lifestyle, and unsafe sex are the reasons leading to increased number of HIV cases. To lower the disease incidence and increase the life expectancy, government of various countries along with NGOs are focusing on improving HIV diagnostics and making them easily accessible to the general population.
According to WHO report, 2015, there is 0.8% prevalence of HIV globally and Sab-Saharan Africa remains most severely affected area with 70% of people for global population. For instance, the unmet requirements in Asia and Africa region for HIV diagnosis, and the government initiatives taken in the region may drive the market for HIV diagnostics.

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The global HIV diagnostics market by region comprises of North America, Asia Pacific, South Africa, Europe and rest of the world. North America dominates the HIV diagnostics market due to supportive government initiatives and funding in order to increase HIV diagnosis procedures and create awareness among the population and increase in demand of HIV diagnosis products in North America. For the North-America region, US government is allocating significant budget for research and development in the area of HIV/AIDS diagnosis and favorable reimbursements policies in the region by the government is encouraging the people to take the HIV diagnostics test which is a driving the HIV diagnostics market in this region.

Asia Pacific is an emerging market for HIV diagnostics, due to increasing patient population suffering from HIV/AIDS and to generate the awareness among the population is pulling the HIV diagnostics market for this region.

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The key players operating the HIV Diagnostics Market globally are Abbott Healthcare, BD Biosciences, Roche Diagnostics, Zyomyx Incorporation, Merck & Company Incorporation, Bristol –Myres Squibb, Janssen Therapeutic, Hologic Incorporation, Chembio Diagnostic Systems, Alere Incorporation, Sysmex Incorporation Gilead Sciences, Qiagen, VIIV healthcare, Beckman Coulter And many others. To increase the accessibility and portability major market players are involved in the clinical research of CD4, antibody test and viral load testing in the HIV diagnostic market.

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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