The global HIV Self-test Kits market garnered revenue around USD 60.6 Million in 2019 and projected to reach USD 470.2 Million in 2027, with at a compound annual growth rate (CAGR) 17.1% throughout the estimate period from 2020 to 2027. HIV self-testing is a screening test, which detects the presence of HIV-1/2 antibodies. HIV self-testing is a test in which a person collects his/her own specimen and performs an HIV test in a private setting. HIV self-test kits are a modified version of HIV rapid diagnostic test (RDT) with comparable sensitivity and specificity. Growing uptake of HIV self-testing policies and implementation is driving HIV self-test kits market globally. Increase in prevalence of HIV infection and strong HIV self-testing product pipeline are major factors anticipated to drive the global HIV self-test kits market during the forecast period.
North America held major share of the global HIV self-test kits market in 2018, owing to the presence of large population suffering from HIV infection, scale-up of new HIV self-testing distribution channels such as workplace programs, and medical insurance schemes in the U.S. The HIV self-test kits market in Asia Pacific is expected to expand at a high CAGR of 17.1% from 2019 to 2027, due to increased donor investment and price reductions in the public sector in low and middle income countries. This, in turn, is likely to drive the demand for HIV self-test kits in emerging markets such as India and China.
the global HIV self-test kits market include OraSure Technologies, Inc., Chembio Diagnostic Systems, Atomo Diagnostics, BioSure UK, Biosynex Group, bioLytical Laboratories Inc., Orange Life, Bedfordbiotech, and Sedia Biosciences Corporation.
This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.
The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the HIV Self-test Kits market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the HIV Self-test Kits market growth.
The global HIV Self-test Kits market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.
Major manufacturers analysed under this study comprises:
the global HIV self-test kits market include OraSure Technologies, Inc., Chembio Diagnostic Systems, Atomo Diagnostics, BioSure UK, Biosynex Group, bioLytical Laboratories Inc., Orange Life, Bedfordbiotech, and Sedia Biosciences Corporation.
This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:
Global HIV Self-test Kits Market: Segmentation
HIV Self-test Kits Market, by Technology
HIV Self-test Kits Market, by Specimen Type
HIV Self-test Kits Market, by Test Generation
Regional Analysis and Forecast
Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope: