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Growth of Human Immunodeficiency Virus (HIV) Rapid Test Kits Market to be Impacted by the Availability of a Wide Range of HIV Rapid Test Kits by Vendors | Technavio

Technavio has announced its latest market research report titled global human immunodeficiency virus rapid test kits market 2019-2023. (Graphic: Business Wire)

LONDON--(BUSINESS WIRE)--

The market will accelerate at a CAGR of over 7% between 2019 and 2023

The report, global HIV rapid test kits market, has been added to Technavio’s catalog. It provides a comprehensive analysis of the market, including its global and regional market share, as well as market segmentation based on end-users, technology, and geography for the forecast period 2019-2023.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191017005757/en/

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This report on the HIV rapid test kits market includes:

HIV Rapid Test Kits Market Analysis and Forecast 2019-2023: Features

  • Competitive landscape
  • Market segmentation
    • End-users
    • Type
    • Geography
  • Market drivers
  • Market trends
  • Market challenges
  • Five forces analysis
  • Market landscape
  • Market sizing & forecast

HIV Rapid Test Kits Market 2019-2023: Competitive Landscape

  • Vendors covered
  • Vendor classification
    • Abbott Laboratories
    • Bio-Rad Laboratories Inc.
    • Danaher Corp.
    • F. Hoffmann-La Roche Ltd.
    • QIAGEN Group

HIV Rapid Test Kits Market 2019-2023: Geographic Landscape

  • North America - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • Asia - Market size and forecast 2018-2023
  • ROW - Market size and forecast 2018-2023
  • Key leading countries

HIV Rapid Test Kits Market 2019-2023: End-Users Landscape

  • Diagnostic centers - Market size and forecast 2018-2023
  • Hospitals and clinics - Market size and forecast 2018-2023

HIV Rapid Test Kits Market 2019-2023: Type Landscape

  • HIV rapid immunoassay test- Market size and forecast 2018-2023
  • HIV rapid molecular diagnostic test- Market size and forecast 2018-2023

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Growing demand for point of care (POC) testing for HIV will drive the human immunodeficiency virus rapid test kits market

The growing prevalence of HIV indication has increased the need for efficient and sensitive assays to prevent HIV transmission in healthcare settings. POC technologies are emerging as an affordable and convenient way of performing an early diagnosis of the indication. Moreover, POC testing products are easy to carry and require less maintenance.

Furthermore, it can be operated by a low-skilled laboratory professional. These factors have influenced the demand for POC testing products for HIV indications. Their growing popularity is prompting several players in the market to introduce a wide range of POC testing products for HIV.

Availability of a broad range of HIV rapid test kits by vendors – An emerging trend in the HIV rapid test kits market

The growing competition in the market is compelling vendors to increase their R&D efforts to introduce test kits that are efficient, reliable, and affordable. The rising prevalence of HIV, especially in the Sub-Saharan African regions, and the growing awareness about the indication are encouraging existing and new players in the market to launch many innovative products. Such consistent efforts by vendors have led to the availability of a broad range of HIV rapid test kits in the market. These factors are expected to increase the adoption of HIV test kits among end-users over the forecast period.

Other Key Topics Covered in the Report are:

MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

     

MARKET SIZING

  • Market definition
  • Market sizing 2019
  • Market size and forecast 2019-2023

     

Get Full Report: https://www.technavio.com/report/global-human-immunodeficiency-virus-hiv-rapid-test-kits-market-industry-analysis

CUSTOMER LANDSCAPE

DECISION FRAMEWORK

DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

MARKET TRENDS

  • Efforts to increase pre-marital screenings for HIV
  • Increasing clinical studies by researchers and promotional activities by manufacturers
  • Availability of a broad range of HIV rapid test kits by vendors

Technavio also offers Custom Research services providing focused, comprehensive, and tailored research.

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With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com: https://www.businesswire.com/news/home/20191017005757/en/