Published on : Nov 09, 2018
Albany, New York, November 09, 2018: Widespread prevalence of HIV across regions demonstrating varying economic status has significantly encouraged reasonable advancements in novel drug formulation. Denoted as an incurable syndrome, significant research and development to obtain apt preventive measures occupies center stage, thus leveraging reasonable advancement in the growth of HIV diagnostics and therapeutics development market. Additionally, extensive government sensitization programs on HIV is also accounted as a potential growth enabler in HIV diagnostics and therapeutics development market.
To evaluate ongoing advancements in therapeutics development and their reciprocal implications on holistic growth of HIV diagnostics and therapeutics development market, Market Research Hub (MRH) has included a new research report titled, ‘Diagnostics and Therapeutics for HIV: Global Markets’ to its online data repository.
Abbott’s New HIV Test Kit Diminishes Turnaround Time for HIV Diagnosis in Unserved Areas
Although absolute cure for HIV disease is presently unavailable, governments across the globe are targeting preventive measures and apt diagnostics platforms to arrest transmission. Early diagnosis with the aid of sophisticated technologies such as rapid antiretroviral therapy and viral load monitoring remain tangible factors for accelerating growth in HIV diagnostics and therapeutics development market. Leading pharmaceutical companies and life science institutions are driving investments for novel drug development to cure instances of HIV amongst infants. Improved technologies to aid superlative test mechanism and minimum turnaround time promise significant advancements in HIV diagnostics and therapeutics development market.
In a significant development, Abbott has lately launched its flagship viral monitoring test at point of care units in unserved, remote locales, most susceptible to HIV triggered deaths. With this development in place, HIV diagnostics and therapeutics development market is envisioned to strike new growth spots, besides securing a lucrative position for Abbott amidst stiff competitive landscape.
This research report on HIV diagnostics and therapeutics development market is a meticulous collection of several factors and segments that influence growth in global HIV diagnostics and therapeutics development market. The report offers a detailed overview of the market spectrum at both global and regional levels. Drug class and diagnostic tests comprise potent market segments in HIV diagnostics and therapeutics development market. Drug class segment includes NRTIs, PIs, STR FDC, INSTIs, and NNRTIs. Based on antibody based tests, the market is classified into antigen- and antibody-based tests, CD4 tests and viral load tests. Further, this section of the report also includes substantial insights into current market trends, drivers, restraints, and opportunities that drive growth in HIV diagnostics and therapeutics development market.
Further, the report also included insightful details on the geographical expanse of HIV diagnostics and therapeutics development market, based on which the market is classified into Europe, North America, Asia-Pacific, and rest of the world.
Competition Dashboard: HIV Diagnostics and Therapeutics Development Market
Elaborate research postulates articulated in this section of the report enable readers to infer core deductions on current market developments, based on which readers can delve deep in evaluating the effectiveness of marketing tactics and tools in fostering growth in HIV diagnostics and therapeutics development market, besides enticing favorable end-user response in terms of their buying preferences and eventual buying discretion. Some of the leading market players identified in HIV diagnostics and therapeutics development market comprise, Abbott Laboratories, Bio-Rad Laboratories, Cipla Inc., GlaxoSmithKline, Merck & Co., Siemens Healthineers and Thermo Fisher Scientific.
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