Growing Acceptance of Oral Fluid and Urine Sample-based Testing Methods to Help HIV Self-test Kits Market Expand at CAGR of 16.8% During Forecast Period, Observes TMR Study
- HIV self-testing (HIVST) and pre-exposure prophylaxis (PrEP) are approaches that are influencing the global HIV self-test kits market significantly
- Charitable trusts and governments in the North America region are funding and encouraging HIV self-testing, prevention, and treatment
ALBANY, N.Y., Dec. 13, 2021 /PRNewswire/ -- The global HIV self test kits market is being driven by the increasing adoption of HIV self-testing policies and its implementation. Increase in the incidences of HIV infection and robust HIV self-testing product pipeline are expected to benefit the global market during the forecast period, from 2019 to 2027.
Several blood-based HIV self-testing solutions are in the process of being developed, featuring integrated buffer delivery systems, simplified sampling systems, and painless or integrated lancets. Additionally, these products are predicted to have reduced minimum and maximum reading times, which are likely to propel the blood segment in the market during the forecast period. The growth of the urine and oral fluid segments can be linked to the ease with which samples are collected as opposed to extracting blood.
Request Brochure of HIV Self-test Kits Market Research Report - https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=75743
Workshops that provide understanding regarding best practices and advancements in HIV self-testing (HIVST) and pre-exposure prophylaxis (PrEP) are likely to drive the global HIV self-test kits market. For instance, the Workshop on Building Capacity for Roll-out of PrEP and HIV Testing Innovations program was co-sponsored by the United Nations and funded by Population Services International (PSI) in Thailand.
The global HIV self-test kits market was valued at US$ 60.3 Mn in 2018 and it is anticipated to rise at a CAGR of 16.8% during the forecast period.
Request for Analysis of COVID-19 Impact on HIV Self-test Kits Market – https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=75743
Key Findings of Market Report
- New Testing Approaches and Strategically Placed HIV Self-test Kits to Boost Demand
The HIV/AIDS response in local communities has been changed by new testing technologies in oral fluid and urine specimen types. Since many refuse to undergo tests from traditional healthcare practitioners, innovative testing methods are expected to drive the usage of HIV self-test kits among them and encourage expansion of the global market. The growth of the urine and oral fluid segments is driven by the ease with which samples can be collected as opposed to blood extraction.
HIV testing programs are being developed to educate people about the burden of the disease, particularly the ones who are at the risk of contracting HIV. With these initiatives, companies in the global HIV self-test kits market are strategically targeting people in underdeveloped as well as developing countries, such as Middle East &Africa and Asia Pacific. As a result, more expectant mothers have been successfully tested. Hence, HIV self-test kits for pregnant women are becoming more widely available and gaining popularity as well.
TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough, Request for Custom Research - https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=75743
· Medical Device Manufacturers and Governments Collaborate to Boost Usage of HIV Self-test Kits
Oral HIV self-test kits are becoming increasingly popular among teenagers and young adults. Market expansion is supported by social activities aimed at increasing the usage of oral HIV self-test kits. For instance, to assist the government's objective to lower HIV/AIDS infections by 2020, the Ministry of Health, Uganda, introduced the OraQuick HIV self-test, created by OraSure Technologies. In the upcoming years, such initiatives are expected to drive the oral liquid specimen type segment in the HIV self-test kits market. In order to encourage such testing methods, governments and HIV self-test kits makers have partnered to promote the use of these self-test kits and assist people, particularly men. Other at-risk persons, such as sex workers, are also being encouraged to be tested for HIV.
HIV Self-test Kits Market: Growth Drivers
- Patient pool undertaking HIV self-testing has grown as the incidence and burden of HIV has increased, which is expected to drive the global market in the upcoming years
- In order to raise HIV screening rates and motivate people to seek treatment, strategically positioned HIV self-test kits play an important role according to a research published in the Journal of the American Medical Association
Buy HIV Self-test Kits Market Report – https://www.transparencymarketresearch.com/checkout.php?rep_id=75743<ype=S
HIV Self-test Kits Market: Key Players
Some of the key market players are
- Sedia Biosciences Corporation
- bioLytical Laboratories Inc
- OraSure Technologies, Inc.
- Biosynex Group
- Chembio Diagnostics, Inc.
- Atomo Diagnostics Limited
HIV Self-test Kits Market: Segmentation
Technology
- Immunofiltration
- Lateral Flow Immunoassay
- Fluorescent Chromatography
Specimen Type
- Blood
- Oral Fluid
- Urine
Test Generation
- Second Generation
- Third Generation
Modernization of healthcare in terms of both infrastructure and services have pushed the healthcare industry to new heights, Stay Updated with Latest Healthcare Industry Research Reports by Transparency Market Research:
Prefilled Syringes Drug Molecules Market: The global prefilled syringes drug molecules market is likely to witness significant growth owing to its increasing prevalence of self-administrated method to cure patients through self-administrative method of treatment where they don't rely on the doctors for the daily and regular dose for the medicine.
Neonatal Thermoregulation Market: The global neonatal thermoregulation market is estimated to gain momentum due to the noteworthy advances in development of monitoring systems in terms of neonates. Major players are focusing on developing products and upgrading the older ones.
Amino Acid Metabolism Disorders Treatment Market: The report provides the key parameters affecting the market growth of the global amino acid metabolism disorders treatment market. It includes driver, restraints, trends, and opportunities. It also covers the regional growth prospects for this market. Segmentation and vendors landscape is also provided in the report.
About Us
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
For More Research Insights on Leading Industries, Visit Our YouTube Channel and hit subscribe for Future Update - https://www.youtube.com/channel/UC8e-z-g23-TdDMuODiL8BKQ
Contact
Mr. Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY – 12207
United States
USA - Canada Toll Free: 866-552-3453
Email: [email protected]
Follow Us: Twitter | LinkedIn
Blog: https://tmrblog.com
Browse PR - https://www.transparencymarketresearch.com/pressrelease/hiv-self-test-kits-market.htm
SOURCE Transparency Market Research
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article