Global HIV/AIDS Immunoassay Diagnostics Market Size By Product (Consumables, Instruments), By Test Type (Antibody Tests, Viral Load Tests, CD4 Tests), By End User (Diagnostic Laboratories, Hospitals, Blood Banks), By Geographic Scope And Forecast
Published on: 2024-08-07 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global HIV/AIDS Immunoassay Diagnostics Market Size By Product (Consumables, Instruments), By Test Type (Antibody Tests, Viral Load Tests, CD4 Tests), By End User (Diagnostic Laboratories, Hospitals, Blood Banks), By Geographic Scope And Forecast
HIV/AIDS Immunoassay Diagnostics Market Size And Forecast
HIV/AIDS Immunoassay Diagnostics Market size was valued at USD 2.86 Billion in 2020 and is projected to reach USD 6.33 Billion by 2028, growing at a CAGR of 10.50% from 2021 to 2028.
Due to breakthroughs in research and development, diagnostic technology has advanced at a rapid rate over the last decade. The need for automated clinical laboratories has paved the way for effective and accurate antibodies and antigen detection techniques in the HIV/AIDS immunoassay diagnostics industry. The human immunodeficiency virus (HIV) remains a major public health issue and a medical challenge, despite substantial progress. Antiretroviral therapy (ART) initiation, early diagnosis, and viral load assessment are some of the most successful and important HIV management techniques.
Detection of virus molecules (p24 antigen and HIV RNA) and/or different antibodies to the virus are two options for HIV diagnostic tests. Antibodies and p24 antigens are detected using HIV/AIDS immunoassays in particular. The demand for effective diagnostic techniques has increased significantly worldwide as a result of the need to combat HIV/AIDS and other forms of HIV infections.
The market is expected to rise due to factors such as the rising global prevalence of HIV/AIDS, the number of blood transfusions and blood donations, the benefits provided by point-of-care instruments and kits, and increased government initiatives. The global increase in HIV incidence, HIV infections among the young population, blood donations, HIV diagnosis awareness around the world, and favourable government initiatives for HIV/AIDS diagnosis and prevention are expected to drive the global HIV/AIDS immunoassay diagnostics market during the forecast period.
Global HIV/AIDS Immunoassay Diagnostics Market Definition
Laboratory-based techniques for detecting the presence of HIV-1/2 antibodies and/or HIV-1 p24 antigen include enzyme immunoassays (EIA), chemiluminescence immunoassays (CLIA), and electrochemiluminescence immunoassays (ECLIA). As the global rate of HIV infection rises, the HIV/AIDS Immunoassay Diagnostics Market is expected to expand. As the use of blood transfusions and donations has grown, so has the use of testing kits to test donated blood. On the other hand, the lack of research mandates in developing countries and the high cost of Nat is limiting the market growth of HIV immunoassay diagnostics.
Enzyme for HIV The most commonly used screening procedure for HIV diagnosis is an immunoassay. Immunoassays provide accurate results and allow for the testing of a large number of samples regularly. Instrument-based, rapid assays, plates, and immunoblots are all forms of HIV biosensors. In the current scenario, HIV immunoassays are in their fourth generation, with the identification of both HIV antibodies and HIV-1 antigen resulting in a shorter window time and the possibility of HIV detection. Here, generation is a major change to the assay format that allows for effective HIV detection. According to international standards, HIV testing should take place in a quality-controlled environment with adequate funding for laboratory testing management and testing quality.
The following are the most popular HIV and AIDS testsELISA (Enzyme-Linked Immunosorbent Assay The enzyme-linked immunosorbent assay (ELISA) is used to detect HIV infection. When an ELISA test results in a positive result, a Western blot test is used to validate the diagnosis. Antibody tests (also known as immunoassays) look for HIV antibodies. Your health care provider may suggest that you get the test performed in a lab. You may also get it done at a testing center or at home with a kit. Antibodies can be detected in these studies as early as a few weeks after you’ve been infected with the virus.
A laboratory test that can detect both HIV antibodies and p24 antigen is the most accurate and effective routinely used diagnostic HIV test. Since they detect both substances, they are referred to as mixture or combo tests. They’re called “fourth-generation” experiments because they use more sophisticated technologies than previous generations.
Global HIV/AIDS Immunoassay Diagnostics Market Overview
The ability to diagnose HIV with high precision is driving the global HIV/AIDS Immunoassay Diagnostics Market forward. Other significant factors such as the growing adoption rate of home kits for HIV diagnosis and testing, the investments from private and government organizations in developing successful diagnostic techniques for treating HIV patients, and the advent of easy, rapid assays with visual testing and better handling are all contributing to the global HIV/AIDS Immunoassay Diagnostics Market’s rapid development.
According to the WHO, the number of people diagnosed with HIV is in the millions, with a few million people dying each year. AIDS is a type of HIV that has progressed to the point where it affects the immune system. AIDS patients are described as those with a CD4 cell count of fewer than 200 cells per millimetre. This HIV test requires blood, serum, or urine samples, with blood samples providing the most reliable results.
• Growing Worldwide Prevalence of HIV/Aids• Transfusions and blood donations are becoming more common.• Benefits Offered by Point-Of-Care Instruments & Kits• Increasing Government Initiatives
One of the major stumbling blocks to market expansion is the ineffective operation of regulatory bodies with strict regulations. High costs associated with nucleic acid testing (NAT) and advanced HIV diagnostics, as well as a lack of a proper regulatory structure for NAT in developed countries, are expected to slow the global HIV/AIDS Immunoassay Diagnostics Market’s growth rate.
• High Cost of Nat• In developing countries, there are no Nat mandates.
Increased blood transfusions and donations have resulted from advances in HIV testing of blood products and donated blood to prevent HIV transmission by blood transfusion. Diagnostic tests for testing donated blood and blood products according to set criteria to prevent disease spread have become more common in recent years. Efforts by organizations like the World Health Organization (WHO) and the National Aids Control Organization (NACO) to encourage safer blood donations and transfusions will boost demand for such tests, boosting business growth. Restricted access to HIV diagnostics in low-income or developing countries, on the other hand, could stifle business growth in the long run.
Global HIV/AIDS Immunoassay Diagnostics Market Segmentation Analysis
The Global HIV/AIDS Immunoassay Diagnostics Market is Segmented on the basis of Product, Test Type, End-User, And Geography.
HIV/AIDS Immunoassay Diagnostics Market, By Product
• Consumableso Assays and Kits & Reagentso Other Consumables• Instruments
Based on Product, The Global HIV/AIDS Immunoassay Diagnostics Market is segmented into Consumables And Instruments.
HIV/AIDS Immunoassay Diagnostics Market, By Test Type
• Antibody Testso HIV-1 Screening Tests ELISA Rapid Tests Home Access Dried Blood Spoto HIV-1 Confirmatory Tests Western Blot Tests Indirect Immune Fluorescent Antibody Assays (IFA) Line Immunoassays (LIA) Radio-Immunoprecipitation Assays (RIPA)o HIV-2 & Group O Diagnostic Tests• Viral Load Tests• CD4 Tests• Tests for Early Infant Diagnosis• Tests for Viral Identification
Based on Test Type, The Global HIV/AIDS Immunoassay Diagnostics Market is segmented into Antibody Tests, Viral Load Tests, CD4 Tests, Tests for Early Infant Diagnosis, & Tests for Viral Identification.
HIV/AIDS Immunoassay Diagnostics Market, By End User
• Diagnostic Laboratories• Hospitals• Blood Banks• Home Care Settings• Other End Users
Based on End User, The Global HIV/AIDS Immunoassay Diagnostics Market is segmented into Diagnostic Laboratories, Hospitals, Blood Banks, Home Care Settings & Other End Users.
HIV/AIDS Immunoassay Diagnostics Market, By Geography
• North America• Europe• Asia Pacific• Rest of the world
On the basis of Geography, the Global HIV/AIDS Immunoassay Diagnostics Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. North America dominated the global HIV diagnostics industry, accounting for more than 38% of the total market share. The Asia Pacific came in second, led by North America. Because of the high unmet demand in India and China, the Asia Pacific region developed rapidly in the coming years. With the largest market share, North America will dominate the HIV/AIDS Immunoassay Diagnostics Market. The rising incidences of various health diseases, as well as the increasing demand for the production of novel drugs, are driving the market’s application in this area.
The rise in the North American area is also due to increased public awareness, government measures to prevent HIV, expanded testing, and the expansion of health facilities. Following North America, Europe and Asia-Pacific are expected to have the highest share during the time. Increased disposable income and newly designed healthcare equipment are driving industry demand. India and China, for example, are major contributors to the market’s largest share.
Key Players
The “Global HIV/AIDS Immunoassay Diagnostics Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Siemens AG (Germany), Roche Diagnostics (Switzerland), Abbott Laboratories (US), Merck KGaA (Germany), Becton, Dickinson and Company (US), Alere Inc. (US), and Bio-Rad Laboratories (US), Danaher Corporation (US), Thermo-Fisher Scientific Inc. (US), Hologic, Inc.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Key Developments
Mergers and Acquisitions
• In August 2020, DIAsource ImmunoAssays® SA, the Belgian-based company specializing in development, sales and distribution of clinical diagnostics products, acquired Viro-Immun Diagnostics GmbH, the German company specializing in the development and manufacture of laboratory diagnostics for medical diagnosis of infectious (viral, bacterial, parasitic and candidiasis) and autoimmune diseases.
Product Launches and Product Expansions
• In November 2020, Hologic’s Aptima HIV-1 Quant Dx Assay Received Additional FDA Approval for Use as an Aid in the Diagnosis of HIV Infection.
• In September 2020, Roche received FDA approval for first HIV-1/HIV-2 Qualitative Test on the cobas 6800/8800 Systems in the fight against HIV/AIDS.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2017-2028 |
BASE YEAR | 2020 |
FORECAST PERIOD | 2021-2028 |
HISTORICAL PERIOD | 2017-2019 |
UNIT | Value (USD Billion) |
KEY COMPANIES PROFILED | Siemens AG (Germany), Roche Diagnostics (Switzerland), Abbott Laboratories (US), Merck KGaA (Germany), Becton, Dickinson and Company (US), Alere Inc. |
SEGMENTS COVERED | By Product, By Test Type, By End-User, And By Geography |
CUSTOMIZATION SCOPE | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope |
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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
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