The early diagnosis of the human immunodeficiency virus (HIV) accelerates the process of treatment, preventing the further transmission of the virus in the body. In this context, the global HIV diagnostics market is positioned on a strong growth trajectory. Various other key factors such as the test’s secrecy, and availability of appropriate counselling, are also providing impetus to the market growth. Apart from that, government authorities around the world are running awareness campaigns about HIV diagnostics and testing processes. Witnessing such a business landscape, key market players have increased investments in HIV diagnostic R&D. The improved point-of-care (POC) kits and equipment have already seen remarkable adoption. Therefore, during the study period, the market is expected to witness robust expansion, on the back of increasing diagnostic capabilities.

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Rapid HIV Tests to Gain Prominence in HIV Diagnostics Market

The growing demand for rapid HIV tests is directly coinciding with the expansion of the HIV diagnostics market growth. After a Nucleic Acid Test (NAT) or antigen/antibody lab test, it takes several days for patients to receive their test results. However, with HIV rapid tests, individuals get results in just 20-30 minutes, hence eliminating the anxiety associated with waiting for results. Another benefit of these tests is that individuals can test for HIV antibodies within the privacy of their homes. International health organisations have noted that the convenience of testing from home is expected to increase rates of testing. People who are less likely to visit clinics are, in particular, more inclined towards these tests.

Development of Viral Load Testing to Boost Growth Prospects

The HIV diagnostics market is categorised into antibody testing, viral load testing, and Clusters of differentiation 4 (CD4) testing. The market is witnessing a significant boost from the viral load test. Such tests determine the viral load in a patient's body, enabling healthcare practitioners to monitor HIV infection and understand the efficacy of the treatment. With modern point-of-care molecular testing, these tests can also be carried out outside of laboratories. The robust product line-up in the sector further augments the demand for viral load testing. Consequently, against this backdrop, the market is expected to reach sound maturity in the upcoming years.

North America to Lead Global HIV Diagnostics Market Owing to Advanced Healthcare Infrastructure

The rising prevalence of HIV coupled with an advanced healthcare infrastructure is enabling North America to gain an edge in the global HIV diagnostics industry. The frequent free-of-cost counselling, and sexually transmitted diseases (STDs) testing campaigns run by the local government are playing an eminent role in market expansion. Moreover, the key industry participants in the region are directing considerable resources to product innovation. Over the projected period, all these factors are expected to bode well for the market here.

Prominent Market Players

Some of the major players in the HIV diagnostics industry include Dickinson and Company (US), Abbott Laboratories (US), Hologic, Inc. (US), Merck KGaA (Germany), Roche Diagnostics (Switzerland), Danaher Corporation (US), Siemens AG (Germany), Becton, Alere Inc. (US), Thermo-Fisher Scientific Inc. (US), and Bio-Rad Laboratories.

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