HIV Self-test Kits Market Geographical Analysis: Industry Demands, Top Key Players, Industry Analysis & Forecast by 2027
Strategically Distributed HIV Self-test Kits Bolster HIV Screening Rate
At-home convenience of HIV self-testing is serving as an advantage for companies in the HIV self-test kits market in order to overcome the barriers that individuals face in testing performed at conventional healthcare settings. HIV self-test kits are acquiring popularity, owing to its growing awareness on social media and innovations in technology-based solutions. The introduction of mHealth (Mobile Health) and availability of various distribution modes are creating incremental opportunities for companies in the HIV self-test kits market.
HIV self-test kits are gaining prominence in the U.S. This is justified since North America dominates the market for HIV self-test kits and this market in the region is projected for exponential growth during the forecast period. Thus, healthcare companies are increasing efforts to reach at-risk individuals. A study published in the Journal of the American Medical Association suggested that strategically distributed HIV self-test kits have the potential to bolster HIV screening rates and encourage individuals to seek out treatment.
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Governments and Medical Device Companies Collaborate to Fuel Adoption of HIV Self-test Kits
Oral HIV self-test kits are gaining prominence among young adults. Social initiatives targeted to boost the uptake of oral HIV self-test kits act as a driver contributing to market growth. For instance, the Ministry of Health, Kampala launched a novel device OraQuick® HIV self-test, developed by OraSure Technologies-a Pennsylvania-based medical device company, to support the government’s initiative to reduce HIV/AIDS infections by the end of 2020. As such, oral liquid specimen type segment of the HIV self-test kits market is anticipated for exponential growth. The global HIV self-test kits market is expected to expand at a staggering CAGR of ~17 during the forecast period.
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As far as testing is concerned, companies in the HIV self-test kits market and governments have collaborated to encourage the adoption of HIV self-test kits in empowering citizens, especially men. Moreover, other at-risk individuals such as sex workers are also being targeted to take up HIV testing. Healthcare companies are increasing research to assess the prevalence of HIV among children who are at the risk of contracting the infection.
Companies Introduce New Testing Approaches in Oral and Urine Specimen Types
HIV testing programs are being designed to make people aware of their status who might be at the risk of contracting HIV. These programs are being strategically targeted by companies in the HIV self-test kits market at individuals in under-developed economies, such as Africa and developing countries of Asia Pacific. As such, there has been success in testing pregnant women. Hence, manufacturers are making HIV self-test kits easily available to pregnant women.
New testing technologies in oral fluid and urine specimen types have revolutionized the HIV response in local communities. Innovative testing approaches are anticipated to catalyze growth of the HIV self-test kits market, since individuals refrain from taking tests with traditional health service providers.
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