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(MoneyNewsWire.Net, October 16, 2017 ) The Europe HIV Diagnostics Market was worth USD 413.02 million in 2016 and estimated to be growing at a CAGR of 9.20%, to reach 641.34 million by 2021. The human immunodeficiency virus (HIV) refers to a kind of retrovirus that causes (AIDS).
HIV affects some immune cells and it weakens immune system bringing about loss of capacity to fight against the organisms that causes diseases. HIV spreads through exchange of fluids with some infected individual, for example, blood exchange or imparting needles to somebody who is HIV infected. The present situation is like various POC/rapid tests are under clinical advancement and examination in the item pipelines of significant market members and are relied upon to acquire regulatory approval in various local segments of the market. This normal increment in the quantity of item offerings to the worldwide market space is required to fuel the development of the HIV diagnostics industry over the forecast period.
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Major factors driving the market are, the technological advancement of disease diagnostic tests, and the foreseen improvement and commercialization of novel, regulatory authorities approved POC and rapid CD4, p24 antigen and EID tests; it is expected that all the major regional market segments will witness an expansion in market demand over the forecast period. There is a need to increase in introducing easily accessible, efficient robust diagnostics tests. Because of the financial resource constrained settings in a huge share of the disease affected regions it is as yet not feasible to perform the current, complex screening, staging and monitoring tests. This is either because of the absence of adequate testing labs or an absence of prepared clinical technicians capable of performing the tests. These limitations of laboratory based testing are a catalyst to the improvement of convenient and simple to execute point of care, rapid tests.
The Europe HIV Diagnostics Market is segmented on the basis of Product, End-User, Type and geography. Based on product, market is divided into Instruments, Consumables (Assays and Kits & Reagents, Other consumables), Software & Services. Based on Type, market is fragmented into Antibody Tests, Viral Identification Tests, HIV-2 & Group O Diagnostic Tests, CD4 Testing, Early Infant Diagnostics, Viral load testing. Further on the basis of Antibody tests market is categorized into (HIV-1 Screening tests- Elisa/EIA, Home Access Dried blood spots, Rapid Tests), (HIV-1 Antibody Confirmatory Tests- Indirect Immunofluorescence Assays(IFA), Western Blot Test, Line immunoassays(Cnf), Radio immunoprecipitation Assays(RIPA)). Based on HIV-2 & Group O Diagnostic Tests market is further segmented into Blood Antibody Tests, Line Immuno Assay (HIV-2), DBS Tests, and based on Viral Identification Tests, market is divided into p24 Antigen Test, Viral Culture, Qualitative PCR Tests. On the basis of geography, the Europe market is analyzed under various regions namely U.K, Italy, France, Germany, Spain.
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Some of the major companies dominating the market, by their products and services include Abbott Healthcare, Brsitol-Myers Squibb, Alere Inc., Abbvie Inc., Janssen Therapeutics, Gilead Sciences, Merck & Co. Inc, BD Biosciences, Beckman Coulter, Partec, Sysmex, VIIV Healthcare, Apogee Flow Systems, Mylan inc., PointCare Technologies Inc., Zyomyx Inc., Roche Diagnostics, Qiagen, Siemens Healthcare, and bioMerieux.
Market Segmentation
1) Product
Introduction
Consumables
Assays and Kits &Reagents
Other Consumables
Instruments
Software & Services
Y-o-Y Growth Analysis, By Product
Market Attractiveness Analysis, By Product
Market Share Analysis, By Product
2) Type
Introduction
Antibody Tests
HIV Screening Tests
Elisa
Rapid Tests
Home Access Dried Blood Spots
HIV-1 Antibody Confirmatory Tests
Western Blot Tests
Indirect Immunofluorescence Assays (IFA)
Line Immunoassays
Radio-Immunoprecipitation Assays
HIV-2 & Group O Diagnostic Tests
Blood Antibody Tests
DBS Tests
Line ImmunoAssay (HIV2)
Viral Identification Tests
P24 Antigen Test
Qualitative PCR Tests
Viral Culture
CD4 Testing
Viral Load testing
Early Infant Diagnostics
Y-o-Y Growth Analysis, By Type
Market Attractiveness Analysis, By Type
Market Share Analysis, By Type
3) End User
Introduction
Diagnostic Laboratories
Hospitals
Blood Banks
Home Care Settings
Other End Users
Y-o-Y Growth Analysis, By End User
Market Attractiveness Analysis, By End User
Market Share Analysis, By End User
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Reasons to buy Europe HIV Diagnostics Market Research Report:
Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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