Press release
Urine-based HIV Self-testing Kits Market Scrutinized in the New Analysis 2020-2030
The convenience of at-home HIV self-testing is proving to be an advantage for companies operating in the HIV self-test kits market, as these kits help overcome the barriers that individuals face while undertaking tests at conventional healthcare settingsPopularity of HIV self-test kits is increasing, owing to growing awareness about these kits on social media and innovations in technology-based solutions
Research Report: https://www.transparencymarketresearch.com/urinebased-hiv-selftesting-kits-market.html
Introduction of mHealth (Mobile Health) and availability of various distribution modes are offering significant opportunities for companies operating in the HIV self-test kits market
Key Drivers of Global Urine-based HIV Self-testing Kits Market
Increased prevalence of HIV infection, growing awareness among people, rising treatment demand, and availability of new treatments are key drivers boosting the HIV self-testing kits market
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Urine-based HIV self-testing kits are gaining prominence among young adults. Social initiatives targeted to boost the adoption of oral HIV self-test kits boost the market. For instance, the Ministry of Health, Kampala launched a novel device, OraQuick HIV self-test, developed by OraSure
Technologies-a Pennsylvania-based medical device company, to support the government's initiative to reduce HIV/AIDS infections by the end of 2020.
Lateral Flow Immunoassay Segment to Dominate Global Market
In terms of technology, the global Urine-based HIV self-testing kits market can be divided into immunofiltration, lateral flow immunoassay, and fluorescent chromatography
The lateral flow immunoassay segment accounted for a prominent share of the market in 2019 owing to point-of-care (POC) nature of the technology, wide range of applications, and the speed and relatively minimal cost as compared to that of other technologies.
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Hospitals to be Highly Lucrative Segment
Based on end-user, the global urine-based HIV self-testing kits market can be categorized into hospitals, clinics, laboratories, and others
The hospitals segment is likely to account for a major share of the global urine-based HIV self-testing kits market by 2030 due to the significantly high number of tests that are performed in hospitals
Asia Pacific to Offer Significant Opportunities in Urine-based HIV Self-testing Kits Market
In terms of region, the global urine-based HIV self-testing kits market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
High prevalence of HIV in Asia Pacific has fueled the adoption of HIV self-test kits. According to analysts of Transparency Market Research, the urine-based HIV self-test kits market in Asia Pacific is projected to expand considerably during the forecast period.
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New testing technologies in urine specimen types have revolutionized the HIV response in local communities. Innovative testing approaches are anticipated to further propel the HIV self-test kits market in Asia Pacific, since individuals refrain from taking tests with traditional health service providers.
However, existing services are not adequately reaching these populations, which poses as a barrier for healthcare companies. Hence, companies are creating awareness through developmental workshops in Asia Pacific to boost the uptake of urine-based HIV self-test kits.
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