HIV Rapid Testing Market (2023 - 2030)_Sample Extract.pdf (1)

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Topics Slide No Chapter 01: HIV Rapid Testing Market Overview Chapter 01: HIV Rapid Testing Market Overview Chapter 02: HIV Rapid Testing Market Executive Summary Chapter 03: HIV Rapid Testing Market Comparative Analysis Chapter 04: HIV Rapid Testing Market Forces Chapter 05: HIV Rapid Testing Market Strategic Analysis Chapter 06: HIV Rapid Testing Market - By HIV Type Chapter 07: HIV Rapid Testing Market - By Sample Type Chapter 08: HIV Rapid Testing Market - By Test Type Chapter 09: HIV Rapid Testing Market - By Technology Chapter 10: HIV Rapid Testing Market - By Demographics Chapter 11: HIV Rapid Testing Market - By Test Generation - 004 Chapter 02: HIV Rapid Testing Market Executive Summary - 006 Chapter 03: HIV Rapid Testing Market Comparative Analysis - 009 Chapter 04: HIV Rapid Testing Market Forces - 018 Chapter 05: HIV Rapid Testing Market Strategic Analysis - 027 - 031 Chapter 07: HIV Rapid Testing Market - By Sample Type - 035 - 042 - 047 - 054 - 064 Chapter 12: HIV Rapid Testing Market - By Application Chapter 12: HIV Rapid Testing Market - By Application Chapter 13: HIV Rapid Testing Market - By End User Chapter 14: HIV Rapid Testing Market - By Distribution Channel Chapter 15: HIV Rapid Testing Market - By Geography Chapter 16: HIV Rapid Testing Market Entropy - 069 - 074 Chapter 13: HIV Rapid Testing Market - By End User - 082 Copyright ©2024 IndustryARC Chapter 15: HIV Rapid Testing Market - By Geography - 087 - 123 - 125 Chapter 17: HIV Rapid Testing Market company Profiles Chapter 17: HIV Rapid Testing Market company Profiles Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

HIV Rapid Testing Market Revenue, 2022-2030 ($M) HIV Rapid Testing Market: ❖ The development of innovative products is one of the key trends in the market for Market Definition ❖ HIV Human Immunodeficiency Virus (HIV) diagnostic rapid testing is a 1,600.00 HIV fast testing. The lateral flow method test that provides results fast, generally 1,400.00 that has historically been used in rapid within minutes. Rapid HIV tests identify the 1,200.00 presence of HIV antibodies or antigens in HIV testing is rapidly being replaced by 1,000.00 Revenue ($M) the body using a tiny sample of blood or more sophisticated technologies like 800.00 oral fluid. The rising incidence of HIV infections ELISA and PCR. These more recent tests ❖ 600.00 are more accessible to both people and worldwide is a significant factor driving the 400.00 healthcare professionals since they have growth of the HIV Rapid Testing market. Governments all across the globe are 200.00 higher sensitivity and specificity and are ❖ investing in HIV prevention, testing, and - simpler to use. Growing demand for at-home HIV treatment programmes, fueling demand for HIV rapid testing. ❖ testing kits is another industry trend. Source: IndustryARC Analysis, Expert Insights People are looking for more practical ❖ and accessible solutions as they become Scope ❖The current scope covers the market for HIV Rapid Testing Market is driven by the more aware of the significance of HIV below-mentioned factors: ❖ Increasing prevalence of HIV Ease of use and fast results testing. Without going an appointment HIV Rapid Testing. ❖ ❖ The market is segment By HIV Type, By Copyright ©2024 IndustryARC ❖ Government initiatives with a healthcare practitioner, home- Sample By Type, By Test Types, ❖ based testing kits offer a quick and Technology, By Demographics, By Test Development of innovative HIV discrete option for people to test Generation, By Application, By Distribution rapid testing technologies themselves for HIV. Channel and by geography. Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

MAJOR TRENDS/INSIGHTS CAGR By Test Type, 2023-2030, (%) Market Share, By Test Type, 2022(%) ❖ The HIV epidemic continues to pose a serious threat to public health. As HIV incidence rises, there is an increasing Antigen/ Antibody Combination Test Antibody Rapid Test demand for rapid and reliable diagnostic methods such antigen rapid testing. According Programme on Antigen Rapid Test Antigen Rapid Test ❖ to United HIV Nations AIDS and Antigen/ Antibody Combination Test (UNAIDS) report, In 2021, there were Antibody Rapid Test 38.4 million] worldwide million [33.9 million-43.8 individuals HIV-positive and 650000 [510000- 860000] persons passed away from AIDS-related diseases. Increased HIV testing, prevention, and treatment programmes are being implemented by governments all around the world. The demand for 0.0 0% 5.00% 10.00% ❖ The increasing prevalence of HIV/AIDS worldwide and the demand for early identification and treatment have been driving the market for HIV antibody rapid testing. According to ❖ ❖ Centers for Disease Control and Prevention (CDC), Antibody testing are the fastest tests and the only HIV self-test approved by the US Food and Drug Administration (FDA). Copyright ©2024 IndustryARC HIV testing kits, the antigen/antibody combination test, has increased as a result. ❖ HIV antigen/antibody combination test kits are becoming more widely available on the market as a result of the rising demand for HIV self-testing kits. including Source: IndustryARC Analysis, Expert Insights Inquiry Before Buying +1 518 282 4727 Buy Now sales@industryarc.com| | |

Market Share, By Geography, 2022(%) CAGR By Geography, 2023-2030, % MAJOR TRENDS/INSIGHTS ❖ Governments in several nations of APAC region are investing in HIV testing programs to stop the spread of the infection. As a result, more individuals are being tested, which is fueling the demand for HIV Rapid Testing Market For instance, In March 2022, The National AIDS and STD Prevention Programme, a Central Sector Scheme wholly supported by the Government of India, would continue under the Union Cabinet's approval of phase-V of the Program from 1 April 2021 to 31 March 2026, with an expenditure of US$ 1881.64 Million. According to the World Health Organization (WHO), nearly 1,07,000 persons were diagnosed with HIV in the European Region by 2022, with around 17,000 being diagnosed in the EU/EEA. Owing to an increase in HIV prevalence in many regions, there is a rising demand for rapid testing for HIV using rapid testing technologies. According to World Health Organization (WHO), In 2021, 1.5 million [1.1-2.0 million] people North America Middle East & Africa APAC South America ❖ Europe Europe South America APAC North America Middle East & Africa 0.00% 2.00% 4.00% 6.00% 8.00%10.00% ❖ ❖ Governments in North America have been increasing public health efforts to increase HIV testing awareness and promote the use of rapid testing. As a result, the number of testing facilities and clinics offering ❖ rapid testing services has increased. For instance, The National HIV/AIDS ❖ Strategy (the Strategy), the country's third, updates the HIV National Strategic Plan (2021). The Plan has ambitious goals for ending the HIV pandemic in the United States by 2030, including a 75% decrease in new Copyright ©2024 IndustryARC diagnosed HIV, and 8,60,000] people died from HIV-related causes. 6,50,000 [5,10,000- HIV infections by 2025 and a 90% reduction by 2030. Source: IndustryARC Analysis, Expert Insights Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

Medium Growth Impact High Growth Impact High Impact Increasing prevalence of Technological advancement in HIV Rapid Testing Rising HIV prevention and treatment program Projected Impact on HIV Rapid Testing Market HIV Low Growth Copyright ©2024 IndustryARC Impact Low Impact High Low Certainty Inquiry Before Buying +1 518 282 4727 Buy Now sales@industryarc.com | | |

Increasing prevalence of HIV is projected to fuel market growth: ❖ Increasing prevalence of HIV/AIDS is driving the growth of the HIV Rapid Testing market. The factors that increases th cases of HIV cases are lack of awareness and education, stigma & discrimination, poverty as well as limited access t healthcare. According to World Health Organization, HIV/AIDS continues to be a major public health issue worldwide ❖ with an estimated 38 million people living with HIV/AIDS globally in 2021. Of the people living with HIV in 2021, 36. million were adults and 1.7 million were children under age 15. In 2021, 650 000 people approximately died from HIV related causes and 1.5 million people acquired HIV. As a result, there is a growing demand for HIV rapid testing, whic allows for quick and easy diagnosis of the disease. Also, According to Kaiser Family Foundation, Global prevalence of HI among adults (the percent of people ages 15-49 who are infected) has leveled since 2001 and was0.7%in 2021. Sub ❖ Saharan Africa region is home to two-thirds of all people living with HIV globally, is the hardest hit region in the world followed by Asia and the Pacific. Also, Latin America as well as Eastern Europe and Central Asia are also heavily affecte with HIV. In India, according to NACO ( National AIDS Control Organization), the northeast region states have the highes adult HIV prevalence (2.70% in Mizoram, 1.36% in Nagaland and 1.05% in Manipur), followed by southern States (0.67% i ❖ Andhra Pradesh, 0.47% in Telangana and 0.46% in Karnataka). The number of People Living with HIV (PLHIV) are estimated at around 24 lakhs and the Southern States have the largest nCuompybreigr hot f© P2L0H2IV4 Ivnizd. MstrayhAaRraCs htra, Andhra Pradesh and Karnataka being the top three. Such rising cases of HIV globally accelerates the demand for HIV Rapid Testing. ❖ Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

HIV Rapid Testing Market Value Chain Analysis Sales & Marketing Distributors End Users Raw Material Suppliers (40-45%) Manufacturers (15-20%) (20-30%) (10-15%) (10-15%) Technology Push Market Pull Source: Industry Publications, IndustryARC Analysis ❖ The various stakeholders that have a significant share in the value chain of the Antiscalent Market are raw material suppliers manufacturers, distributors and End Users. The raw material suppliers holds the major share in the value chain of the HIV Rap ❖ Testing Market as they are responsible to provide the inputs needed to manufacture HIV rapid testing kits which include supplie of raw materials, equipment, and technology. The next step in the value chain is the manufacturers of HIV Rapid Testing Kit. The are responsible for process of converting inputs into finished HIV rapid testing kits. This may involve various stages such a ❖ assembly, testing, and packaging. Sales and Marketing are involved with activities involved in promoting and selling HIV rap testing kits. This may include advertising, promotions, and public relations. The distributors of the HIP Rapid Testing Marke ❖ connect the end user and the Copyright ©2024 IndustryARC company in a cost effective sales channel partnership. The last step in the value chain is End users. They are responsible for using HIV rapid testing kits for diagnostic purposes. ❖ Thus, value chain of the HIV Rapid Testing market can help identify areas of potential improvement, cost savings, and value creation. By identifying such areas, companies can improve their competitiveness and profitability in the market. Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

HIV Rapid Testing Market Life Cycle Analysis Estimated to reach the sales of $1507. 12 mn Estimated to surpass a market value of $924.94 mn by the end of 2023 by 2030 In 2022, the market was valued at $860.25 mn Source: IndustryARC Analysis and Expert Insights ❖ The HIV Rapid Testing market was valued at $860.25 million in 2022 and is estimated to generate $924.94 million i revenue by the end of 2023 and $1507.12 million by 2030. The market is estimated to grow at a CAGR of 7.22% from 2023 to 2030. The Increasing prevalence of HIV/AIDS, development of new and improved rapid testing technologie ❖ along with the increasing HIV prevention and treatment program are driving the growth of the market. The growin demand of Multiplex HIV Rapid Testing is anticipated to create opportunities for the growth of the HIV ❖ Copyright ©2024 IndustryARC Rapid Testing market during the forecast period. ❖ The market is forecasted to be highly competitive since it is fragmented with presence of several established players. and the major development strategies are product launches, M&A and partnership among others. Inquiry Before Buying +1 518 282 4727 Buy Now sales@industryarc.com| | |

❖ Blood samples include greater amounts of HIV antibodies, these HIV rapid testing kits uses a drop of blood from the fingertip to detec antibodies in the blood. Blood sample-based HIV rapid test kits are widely recommended by medical practitioners owing to its high concentration of HIV antibodies. HIV rapid tests using a blood sample are available at many healthcare facilities, including clinics and hospitals. These tests often provide results in 20-30 minutes, making them a fast and convenient choice for HIV screening and diagnosis. A a result, demand for HIV rapid test through blood sample i increasing. The development of new technologies and products tha allow both faster and more accurate HIV detection has also been a major driving force in the HIV rapid test market by blood sample type For instance, in November 2022, Abbott has announced the PanbioTM HIV Self Test, a new HIV home test. The PanbioTM HIV Sel Test is a new rapid fingerstick blood test for the detection of HIV-1 and HIV-2 antibodies, the two forms of HIV virus that can Blood: HIV Rapid Testing Market Revenue, 2022-2030 ($M) 1000.00 900.00 800.00 ❖ 700.00 Revenue ($M) 600.00 500.00 400.00 300.00 200.00 ❖ 100.00 0.00 2022 2023 2024 2025 2026 2027 2028 2029 2030 ❖ Copyright ©2024 IndustryARC cause AIDS. Blood segment of HIV Rapid Testing Market generated a revenue of $508.1m in 2022 and is projected to reach a revenue of $903.6m by ❖ Source: IndustryARC Analysis, Expert Insights 2030 growing at a CAGR of 7.41% during 2022-2030. Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

❖ Serum: HIV Rapid Testing Market Revenue, 2022-2030 ($M) An HIV rapid test utilizing a serum sample is a diagnostic process fo identifying the presence of human immunodeficiency virus (HIV antibodies in a person's bloodstream. The serum includes proteins and other compounds, such as antibodies produced by the body in response to HIV infection. Serum samples can be collected easily and simply, making them an ideal choice for rapid testing. These can be obtained by a variety of methods, such as blood draws, fingerstick samples, and saliva samples. Early identification and treatment of HIV infection can improve health outcomes and lower the risk o transmission. HIV rapid testing using serum samples enable early detection and treatment, resulting in growing demand for such tests For Exmple ,Accu-Tell® HIV 1/2 Rapid Test Cassette (Whole Blood/Serum/Plasma) is a rapid chromatographic immunoassay fo the qualitative detection of Human Immunodeficiency Virus (HIV type 1 and type 2 antibodies in serum or plasma to help in the diagnosis of HIV infection in 10 minutes. Serum segment of HIV RapCido pTyersigtihntg © M2a0r2k4e tI ngdeunsetryaAteRdC a revenue of $22.2m in 2022 and is projected to reach a revenue of $40.4m by 2030 growing at a CAGR of 7.70% during 2022-2030. 45.00 40.00 35.00 30.00 ❖ Revenue ($M) 25.00 20.00 15.00 ❖ 10.00 5.00 0.00 2022 2023 2024 2025 2026 2027 2028 2029 2030 ❖ ❖ Source: IndustryARC Analysis, Expert Insights Inquiry Before Buying +1 518 282 4727 Buy Now sales@industryarc.com | | |

❖ Urine: HIV Rapid Testing Market Revenue, 2022-2030 ($M) Urine HIV rapid test is a diagnostic test that identifies HIV antibodies in urine samples. It is a non-invasive and easy way of HIV testing that 90.00 does not require blood samples or needles. The test works by 80.00 identifying antibodies that the body's immune system produces in 70.00 response to HIV infection. The HIV rapid test using urine is gaining ❖ 60.00 Revenue ($M) popularity since it is non- invasive and can be performed without the 50.00 assistance of a healthcare practitioner. This sort of test is very 40.00 effective in resource-constrained environments and for people who 30.00 are afraid to get a blood test. According to the World Health 20.00 ❖ 10.00 Organization (WHO), there are 38.4 million individuals living with HIV 0.00 by the end of 2021. Due to the high incidence of HIV, there is a strong 2022 2023 2024 2025 2026 2027 2028 2029 2030 demand for effective and easily available diagnostic instruments, such as HIV rapid urine tests. In general, urine-based HIV fast tests are less ❖ costly than blood-based tests, making them more accessible to low- income people or resource-limited situations. Urine segment of HIV RapCido pTyersigtihntg © M2a0r2k4e tI ❖ ngdeunsetrraytAeRdC a revenue of $46.2m in 2022 and is projected to reach a revenue of $83.3m by 2030 growing at a CAGR of 7.58% during 2022-2030. Source: IndustryARC Analysis, Expert Insights Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

❖HIV Testing services can be either conventional facility-based or community based. The facility based testing includes all tests Facility Administered Kit: HIV Rapid Testing Market Revenue, 2022-2030 ($M) 1200 performed at health facilities either requested by the clients or healthcare provider-initiated testing and counseling. Tools and interventions that increase demand for HTS are needed to reach people who are unaware of HTS options or unwilling to 1000 ❖ Revenue $M 800 seek HIV testing service. Some of the following programs which 600 are listed below are Evidence-based platforms for delivering demand creation such as peer-led interventions and digital 400 platforms, such as short pre-recorded videos, Approaches that 200 show evidence of increased demand such as advertisements of specific HIV testing attributes and motivational messages could 0 2022 2023 2024 2025 2026 2027 2028 2029 2030 increase the HIV testing percentage among people where HIV rapid test kits are used for detection of HIV which leads to growth of HIV rapid testing market. According to WHO facts sheet which was published on Jul,2022, ❖ There were 38.4 million people living with HIV at the end of 2021 Copyright ©2024 IndustryARC with 1.5 million people becoming newly infected where the necessity of HIV rapid testing is huge to avoid spreading where the Source: IndustryARC Analysis, Expert Insights demand for HIV rapid testing is expected to grow. Inquiry Before Buying +1 518 282 4727 Buy Now sales@industryarc.com | | |

❖ As the HIV testing by the facility based, is performed by the diagnostic experts, the results are more trustworthy and can be performed in community or at the office, where the facility administered kits are used for detecting HIV which helps to avoid spreading and consult proper medication to the victim. Due to all these factors the HIV rapid testing market is expected to have huge demand. Facility Administered Kit segment of HIV Rapid Testing Market generated a ❖ revenue of $644.77 M in 2022 and is projected to reach a revenue of $1081.40 M by 2030 growing at a CAGR of 6.64% during 2022-2030. Copyright ©2024 IndustryARC Source: IndustryARC Analysis, Expert Insights Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

Diagnostics Laboratories: HIV Rapid Testing Market Revenue, 2022-2030, ($M) 13.3.1. Diagnostic Laboratories ❖The Factors such as the increasing prevalence of HIV along with growing demand for point-of-care testing for HIV are the primary reasons for the demand of HIV Rapid Testing in Diagnostic Laboratories. There has been a growing need of HIV rapid test among pregnant women as they can avoid the transfer of the HIV virus to their fetus. The main advantage of this test is that with early detection, the treatments can begin early and the individual can take preventive measures sooner. According to the UNAIDS report 2020, globally, approximately 37.7 million people are living with HIV, of which about 2.3 million infections were recorded in India. Thus, Such factors are positively impacting the growth of market. ❖Furthermore, the new research developments, technological innovations, and the launch of technologically advanced products by key players are expected to boost the growth of the market. The development of IoT-enabled, Real- Time PCR platform is augmenting the market. In August 2022, Molbio Diagnostics announced that it has launched Truenat RT- PCR Test for HIV, a new test for differential diagnosis of HIV 1 and HIV 2 with virCaol lpoyardigsh wt i©th2in0 6204 m Inindu point-of-care portable, battery-operated, IoT-enabled, Real- Time PCR platform with a sample-to-result time of less than 1 hour. 700.00 600.00 500.00 Market Revenue in $M 400.00 300.00 200.00 100.00 0.00 and 2022 2023 2024 2025 2026 2027 2028 2029 2030 Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

Specialty Clinics: HIV Rapid Testing Market Revenue, 2022-2030, ($M) 13.3.5 Specialty Clinics ❖ Specialty clinics are healthcare facilities that specialize in providing medical care for a specific area of health or disease. 120.00 100.00 These clinics offer specialized services, equipment, and staff who have extensive training and expertise in the particular field of 80.00 Market Revenue in $M healthcare they specialize in. Specialty clinics use HIV rapid testing as part of their diagnostic ❖ 60.00 and screening services. In fact, some HIV specialty clinics may rely on rapid HIV testing as a routine part of their patient care. Moreover, the most commonly used rapid HIV tests in specialty 40.00 clinics are the point-of-care tests, which can provide results in as 20.00 ❖ little as 20 minutes. In 2017, FDA approved Fourth Generation Determine HIV-1/2 0.00 2022 2023 2024 2025 2026 2027 2028 2029 2030 ❖ Ag/Ab Combo Test: This test is a rapid lateral flow chromatographic immunoassay that detects HIV-1 p24 antigen and antibodies to HIV-1 and HIV-2 in whole blood, serum, or plasma. It Copyright ©2024 IndustryARC provides results in about 20 minutes. This test is highly accurate and can be used to screen for HIV infection in a variety of clinical settings, including specialty clinics. Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

❖ The China HIV Rapid Testing market is largely influenced by factors such as increasing HIV prevalence, government initiatives to control the spread of HIV/AIDS, growing awareness and increasing healthcare expenditure. The increasing prevalence of HIV in China is driving the demand for HIV rapid testing. According to the Chinese Center for Disease Control and Prevention (CDC), the number of people living with HIV in China reached 1.25 million in 2019, and the number is still increasing. Also, According to national estimates,an estimated 1.25 million people are livingwith HIV in China, with almost 400 000 unaware of their status in 2021 The increasing number of HIV cases is driving the demand for HIV rapid testing, which is fast, easy, and accurate. Moreover, the Chinese government has launched several initiatives to control the spread of HIV/AIDS. In 2016, the Chinese government launched the "13th Five-Year Plan for HIV/AIDS Prevention and Control", which aimed to reduce the number of new HIV infections and AIDS-related deaths, which in turn has led to an increase in HIV rapid testing Furthermore, The awareness of HIV/AIDS has increased significantly in China over the past few years. This has been driven by public health campaigns, media coverage, anCdo peydruigchatt i©on2a0l 2p4 oIngdraumstsr.y ARs Ca result, more people are getting tested for HIV, which is driving the demand for HIV rapid testing. China: HIV Rapid Testing Market Revenue, 2022 - 2030 ($M) 120.00 ❖ 100.00 80.00 60.00 Revenue in $M 40.00 ❖ 20.00 0.00 ❖ Source: IndustryARC Analysis, Expert Insights Inquiry Before Buying +1 518 282 4727 Buy Now sales@industryarc.com | | |

Biosynex Group: Product Portfolio Description Product Name A rapid, visually read, in vitro immunoassay for the qualitative detection of antibodies to HIV- 1 and HIV-2 in oral fluid specimens. Biosynex Exacto Test HIV Business Overview Biosynex Group Description 2005 Established Year Biosynex Group : Developments Alsace, France Headquarters Description Date Approach <200 Employees Biosynex and Chembio diagnostics has announced for definitive Acquisition Agreement. $403.5 Million Revenue (2021- 2022) Mar, 15, 2023 Acquisition Theradiag, a company specializing in vitro Website www.biosynex.com diagnostics and Theranostics has announced that Biosynex has filed a voluntary takeover bid for its shares. Sep, 23, 2022 Expansion Biosynex has announced that it has acquired Apr, 20, 2022 Expansion PARAKITO which is operated by Hong Kong based EVERGREEN LAND LTD. Copyright ©2024 IndustryARC NOTE : Financials: Biosynex Group is a private company. Hence, financials are not disclosed. Source: Company News and Press Releases Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

HIV Rapid Testing Market (2023 - 2030)_Sample Extract.pdf (1)

HIV Rapid Testing Market (2023 - 2030)_Sample Extract.pdf (1)

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