Human Immunodeficiency Virus (HIV) Rapid Test Kits Market 2020 Analysis by Global Manufacturers - F. Hoffmann-La Roche, Alere, Abbott, AccuBioTech, Ameritek, Atomo Diagnostics

The Human Immunodeficiency Virus (HIV) Rapid Test Kits Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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.

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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Human Immunodeficiency Virus (HIV) Rapid Test Kits Market: F. Hoffmann-La Roche, Alere, Abbott, AccuBioTech, Ameritek, Atomo Diagnostics, Autobio Diagnostics, Beckman Coulter and others.

Industry News:

Basel, 17 April 2020 - Roche (SIX: RO, ROG; OTCQX: RHHBY) today announced the development and upcoming launch of its Elecsys® Anti-SARS-CoV-2 serology test to detect antibodies in people who have been exposed to the Severe Acute Respiratory Syndrome Coronavirus 2 (SARS-CoV-2) that causes the COVID-19 disease.

Antibody testing is central to help identify people who have been infected by the virus, especially those who may have been infected but did not display symptoms.³ Additionally, the test can support priority screening of high risk groups, such as healthcare workers, food supply workers who might already have developed a certain level of immunity and can continue serving and/or return to work. Once we understand more about the immunity of COVID-19, it could also help society return faster to normality.

HERTFORDSHIRE, England, PITTSBURGH and SYDNEY, July 8, 2019 - Global pharmaceutical company Mylan N.V.(NASDAQ: MYL) and medical device manufacturer Atomo Diagnostics today announced that the Mylan HIV Self Test, a handheld in vitro HIV rapid diagnostic test for self-testing, has received Prequalification approval by the World Health Organization (WHO PQ).

The WHO PQ process includes a rigorous evaluation of the test's technical performance and manufacturing sites. Prequalification signifies that the product meets global standards of quality, safety and performance and is a signal to global funders and Ministries of Health that the product can be procured. The Mylan HIV Self Test detects the presence or absence of HIV antibodies through a fingerstick. It uses one-fifth the volume of blood necessary for other tests and provides a result in just 15 minutes.

HERTFORDSHIRE, England, PITTSBURGH and SYDNEY, September 24, 2018 - Global pharmaceutical company Mylan N.V.(NASDAQ: MYL) and medical device company Atomo Diagnostics today announced a strategic partnership to commercialize CE-Marked in vitro HIV rapid diagnostic tests for self-testing in low- and middle-income countries. The tests will allow individuals to confidently screen themselves in the privacy of their own homes with a device engineered for simplicity and accuracy. The tests are designed to detect the presence or absence of HIV antibodies in a single drop of blood obtained from a fingertip. Results are delivered in just 15 minutes, which is essential for access to early treatment and care.
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.

Global Human Immunodeficiency Virus (HIV) Rapid Test Kits Market Split by Product Type and Applications:

This report segments the market on the basis of Types are:

Rapid Immunoassay Test
Rapid Molecular Diagnostic Test

On the basis of Application, the market is segmented into:

Hospitals
Clinics
Diagnostic Centers

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Regional Analysis For Human Immunodeficiency Virus (HIV) Rapid Test Kits Market:

For comprehensive understanding of market dynamics, the global Human Immunodeficiency Virus (HIV) Rapid Test Kits market is analyzed across key geographies namely:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.

Human Immunodeficiency Virus (HIV) Rapid Test Kits Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger and acquisitions along with trending innovation and business policies are reviewed in the report. The report contains basic, secondary and advanced information pertaining to the Market global status and trend, market size, share, growth, trends analysis, segment and forecasts from 2020-2026.

Following are major Table of Content of Human Immunodeficiency Virus (HIV) Rapid Test Kits Market:

- Global Market Overview, Drivers, Restraints and Opportunities, Segmentation overview
- Global Market competition by top Players
- Analysis by Regions
- Consumption by Regions
- Consumption, By Types, Revenue and Market share by Types
- Consumption, By Applications, Market share (%) and Growth Rate by Applications
- Complete profiling and analysis of Players
- Industrial Chain, Sourcing Strategy and Downstream Buyers
- Marketing Strategy Analysis, Distributors/Traders
- Global Market Effect Factors Analysis
- Global Market Forecast
- Global Market Research Findings and Conclusion, Appendix, methodology and data source

Finally, all aspects of the Global Market are quantitatively as well qualitatively assessed to study the Global as well as regional market comparatively. This market study presents critical information and factual data about the market providing an overall statistical study of this market on the basis of market drivers, limitations and its future prospects. The report supplies the international economic competition with the assistance of Porter's Five Forces Analysis and SWOT Analysis.

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How we have factored the effect of Covid-19 in our report:

All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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