HIV Self-Test Kits Market Report Expects the Market Value of USD 224.58 MN By 2026
Posted On August 07, 2020
The Global HIV Self-Test Kits Market is anticipated to grow at a compound annual growth rate (CAGR ) of 18% during 2020-2026 while it was close to USD 70.5 MN in 2019. The market will outgrow to USD 224.58 MN by 2026 as per the research conducted by Value Market Research. The primary factors driving the global HIV self-test kits market include increasing HIV prevalence across the globe, growing awareness about HIV diagnosis, and rising preference for self-test kits. Furthermore, ease of performance, quick results, and low cost are the few factors that are contributing to the global HIV self- test kit market. During the COVID-19 pandemic, the global HIV self- test market is expected to drive slowly as the entire healthcare focus is to combat COVID-19.
HIV self- test kits are rapid, easy to perform kits that provide quicker results. The test detects HIV antibodies, antigen, or both. The samples used to perform the test include oral fluids or dried blood spots. HIV self- test kits are of two types, namely rapid self- test kit and Mail-In self- test kit.A rapid self- test kit allows a test at home and gives results within 20 minutes. A mail-in self- test kit consists of a sample collection kit. The collected blood sample from a finger stick at home can be sent to a lab for testing. Both kits are available at online shopping portals. These kits are highly specific and cost-effective.
"Global HIV Self-Test Kits Market Report By Technology (Immunofiltration, Lateral Flow Immunoassay, Fluorescent Chromatography), By Specimen Type (Blood, Oral Fluid And Urine), By Test Generation (Second Generation And Third Generation) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast,2019-2026" report begins with the market introduction, market snapshot followed by in-depth regional revenue/volume for the next six years. The geo-economic factors and historic HIV self- test kits industry trends are analysed to foresee and predict the forecasts for next six years.
On the basis of Technology the market is segmented into Immunofiltration, Lateral Flow Immunoassay, Fluorescent Chromatography. By Specimen Type the HIV self- test kits market is categorised as Blood, Oral Fluid, Urine.By Test Generation the HIV self- test kits market is categorised as Second Generation, Third Generation. The geographical segmentation of the report highlights the share of the revenue/volume spread globally as per region and country. The study in segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions.
The Report Segments Global HIV Self-Test Kits Market -
- Lateral Flow Immunoassay
- Fluorescent Chromatography
By Specimen Type
By Test Generation
- Second Generation
- Third Generation
- North America
- Latin America
- Middle East & Africa
Players Profiled In the Report:
OraSure Technologies, Inc., Chembio Diagnostic Systems, Atomo Diagnostics, BioSure UK, Biosynex Group, bioLytical Laboratories Inc., Orange Life, Bedfordbiotech and Sedia Biosciences Corporation.
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