Europe HIV Diagnostics Market

Europe HIV Diagnostics Market is projected to be valued at USD 770 Million by 2023.
Overview:
In the year 2018, Europe HIV Diagnostics Market was valued at USD 500 Million. By the year
2023, it is expected to reach USD 770 Million at pace of 9.20% CAGR.
Acquired Immuno deficiency Syndrome (AIDS) is caused by Human Immuno deficiency Virus
(HIV). These HIV diagnostic tests are performed to detect the presence of the virus. The
diagnosis of HIV is based on several methods, such as salivary test, blood test, viral load test,
Western Bloat method and Enzyme Linked Immunosorbent Assay (ELISA) test. The Western blot
technique is used to detect anti-HIV antibodies in the human serum sample and the ELISA assay
uses the antibodies to identify the substance.
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Underlying Causes
The growth for HIV Diagnostics Market is driven due to factors like increasing prevalence of
prevalence infections, rising governmental initiatives to promote awareness about HIV among
people, growing demand for HIV/AIDS diagnostics, and rising healthcare expenditure. In
addition, increasing investments for R&D activities, advancement of technologies, and
introduction of novel techniques for diagnosis and eradication of HIV infection is expected to
drive the market growth. However, lack of skilled professionals, and failure of treatment in
some cases is expected to hinder the growth rate for Europe HIV Diagnostics Market during the
forecast period.
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Geographic Segmentation:
Based on geography the Europe HIV Diagnostics Market has been primarily divided into United
Kingdom, France, Spain, Italy and Germany. Europe holds the third position in HIV Diagnostics
Market, which is expected to have a steady growth rate during the forecast period.

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Key Players:
Leading companies for Europe HIV Diagnostics Market are Abbott Healthcare, Brsitol-Myers
Squibb, Alere Inc., Abbvie Inc., Janssen Therapeutics, Gilead Sciences, Merck & Co. Inc, BD
Biosciences, Beckman Coulter, Partec, Sysmex, VIIV Healthcare, Apogee Flow Systems, Mylan
inc., PointCare Technologies Inc., Zyomyx Inc., Roche Diagnostics, Qiagen, Siemens Healthcare,
and bioMerieux.
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