Market Trends of Global HIV/AIDS Diagnostics Industry
This section covers the major market trends shaping the HIV/AIDS Diagnostics Market according to our research experts:
Antibody Test Segment Accounts for the Large Market Share Over the Forecast Period
The Antibody test detects HIV antibodies in blood or saliva. The immune system makes antibodies when bacteria or viruses enter the body. An HIV antibody test can determine if the person is positive after 3-12 weeks after infection. That's because it can take a few weeks or longer for the immune system to make antibodies to HIV. The patient can do an HIV antibody test in privacy at home with the kits.
The dominance in the market growth can be attributed to the increase in the prevalence of HIV/AIDS globally and the efficacy of antigen testing. As per the statistics updated in August 2022 by HIV.gov, an estimated 1.5 million individuals worldwide acquired HIV in 2021. Moreover, there were approximately 38.4 million people across the globe with HIV in 2020. Of these, 36.7 million were adults and 1.7 million were children (<15 years old). In addition, 54% were women and girls. As per the same source, the vast majority of people with HIV are in low- and middle-income countries. In 2021, there were 20.6 million people with HIV (53%) in eastern and southern Africa, 5 million (13%) in western and central Africa, 6 million (15%) in Asia and the Pacific, and 2.3 million (5%) in Western and Central Europe and North America. The high incidence rate of HIV in the country boosts the demand for its diagnostics, thus driving the studied market.
The report 'HIV testing, new HIV diagnoses, outcomes and quality of care for people accessing HIV services: 2021 report' published by the UK Health Security Agency in December 2021, stated that in 2020, an estimated 97,740 people were living with HIV in England and an estimated 4,660 in 2020 were unaware of their infection indicating that diagnostic services are not provided to the larger extent of the people. Therefore, the market in the country has great potential to grow. Furthermore, the rise in government initiatives and programs is boosting the global market. For instance, in December 2021, the Government launched an HIV action plan, supported by over GBP 23 million of funding, which aims to reduce new HIV infections by 80% by 2025 and end infections and deaths in England by 2030. Such rising investments aligned with strategic programs will increase the diagnostic capabilities in the country, thus propelling the market. Product launches are another factor in the market growth. For instance, in September 2020, Roche launched Elecsys HIV Duo immunoassay in the United States. Through separate measurements of the HIV p24 antigen (the virus) and anti-HIV antibodies (caused by immune reaction), this test can detect an acute HIV infection earlier than current methods. Hence, such innovations coupled with increasing HIV cases and government initiatives the market is likely to grow in the future. In January 2022, Vela Diagnostics's Sentosa SQ HIV-1 genotyping assay for HIV received reimbursement from The Centers for Medicare and Medicaid (CMS). This will allow more laboratories to bridge the gap that may have been deterring them from moving onto a newer technology that gives higher sensitivity and possibly better clinical outcomes to HIV patients. Hence, such initiatives would increase the market growth in the region in the upcoming period.
Hence, the above-mentioned factors are expected to increase the market growth.
North America Dominates the Market and Expected to do Same Over the Forecast Period
North America is expected to dominate the overall market, throughout the forecast period. The market growth is due to factors such as the presence of key players, the high prevalence of HIV/AIDS in the region, and established healthcare infrastructure are some of the key factors accountable for its large share.
According to Statistics published by HIV.gov in June 2021, approximately 1.2 million people in the United States have HIV (Human Immunodeficiency Virus) resulting in a total of 34,800 HIV infections in 2019 with a rate was 12.6 (per 100,000 people). This suggests that HIV incidences are high in the country, therefore increasing the demand for its diagnostics products, which will drive the studied market.
Additionally, in October 2021, an article published by The Borgen Project stated that in 2020, UNAIDS reported 340,000 people living with HIV, a 55% increase from 2018's report of 230,000 in Mexico. The program received Usd26 million in HIV treatment funding to assist '7,500 at-risk people in Mexico, Brazil, and Peru' until 2020. In Mexico, the PrEP program was open to assist up to 3,000 people with free treatments across four Mexican cities including Puerto Vallarta, Mexico City, Merida, and Guadalajara. Additionally, patients received STD testing, counseling, and condoms free of charge. Hence, such initiatives would increase market growth in the region.
Additionally, in December 2021, the Centers for Disease Control and Prevention (CDC) awarded USD 22 million to nearly 30 organizations around the world to combat antimicrobial resistance (AR) and infectious diseases (including HIV), and other healthcare threats through the establishment of two new networks namely the Global Action in Healthcare Network (GAIHN) and the Global AR Laboratory and Response Network (Global AR Lab & Response Network). Thus, increasing investments and the establishment of a global network for supporting diagnostics will drive the market.
