HIV Diagnostics Market share to be dominated by antibody tests segment whose industry share to exceed $1.5bn by 2023 - PowerPoint PPT Presentation

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HIV Diagnostics Market share to be dominated by antibody tests segment whose industry share to exceed $1.5bn by 2023

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Title: HIV Diagnostics Market share to be dominated by antibody tests segment whose industry share to exceed $1.5bn by 2023


1
HIV Diagnostics Market Analysis, Industry Trends
by 2023 Fractovia.org
Fuel Cell Market size worth 25.5bn by 2024
2
Key Insights of HIV Diagnostics Market
  • Global HIV diagnostics market size was 2400
    million for 2015 and is predicted to register
    CAGR of 9.5 during the forecast period. Due to
    technological innovations in disease diagnostic
    tests and rapid development of CD4, EID and P24
    tests, the global industry is predicted to record
    an enhanced growth during forecast period.
  • Simple amplification based assay - a blood
    diagnostic kit created by Cambridge university
    scientists received the Popular Prize at
    European Inventor award ceremony held on June 9,
    2016 by European patent office. This kit can
    identify ailments like hepatitis B and HIV within
    less than 90 minutes by taking blood sample of
    the patient.
  • The test cost only 17 and is same as pregnancy
    test where one stripe is positive and second is
    negative. This kit was used to test 40,000
    persons for HIV in rural Africa. According to
    Helen Lee, who headed the team of Cambridge
    university researchers to develop the device,
    said that just a single drop of blood sample
    helps in detecting and treating the ailments in
    rural areas.

3
Continued
  • Thailand has become the first Asian nation to
    eradicate mother to child HIV transmission as per
    WHO reports achieving a greater milestone in its
    fight against the dreaded disease. Describing the
    eradication as an outstanding achievement, WHO
    said that Thailand was the first nation with
    large HIV endemic to assure an AIDS free
    population.
  • This pronouncement is a boost for Thai health
    workers who have changed the country from one of
    the Asias most HIV ravaged communities to pin up
    the problem of efficiently handling the disease.
  • According to WHO, routine screening tests
    conducted for HIV infected pregnant women along
    with free medication facilities in the country
    played a key role in preventing transmission of
    HIV virus from mother to child. The global HIV
    diagnostics market is segmented into key
    geographical regions including North America,
    Asia Pacific, Latin America, Europe and MEA.
  • North America accounted for biggest revenue share
    of global HIV diagnostics market for 2015
    contributing about 946 million to the total
    revenue.

4
U.S. HIV Diagnostics Market Size, by Product,
2012 - 2023 (USD Million)

5

Browse Full Market Research Report HIV
Diagnostics Market _at_ http//bit.ly/2j6Bm2e
Request for a Sample of this Research report
_at_ https//www.fractovia.org/request-sample/127
6
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