The Europe HIV Diagnostics Market was worth USD 413.02 million in 2016 and estimated to be growing at a CAGR of 9.20%, to reach 641.34 million by 2021.

Hyderabad, India -- (SBWire) -- 03/21/2018 --Blood tests are the most well-known approach to analyse HIV. These tests search for antibodies to the infection that the body makes trying to battle the infection. Individuals presented to the infection ought to get tired quickly, in spite of the fact that it can take the body somewhere in the range of a month and a half to a year to create antibodies to the infection.

Follow-up tests might be required relying upon the underlying time of introduction. On the off chance that you test positive for the infection, you and your specialist will examine and build up treatment arrangements that can help fend HIV and avoid inconveniences.

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The Europe HIV Diagnostics Market was estimated to be at a market value of USD 413.02 Million in 2016 and is projected to rise at a CAGR 9.20% to reach USD 641.34 Million by 2021 owing to the increasing number of HIV victims in the recent years.

Rising prevalence of HIV has led to growing concern among the government driving them to incessantly invest in activities aimed at curbing the prevalence of HIV/AIDS. Several such activities include encouraging the population to take up regular early diagnostic tests.

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Multinational healthcare establishments such as UNITAID promote awareness and aid in finding novel techniques for diagnosis and eradication of HIV infection. The federal initiative by the government for treatment of HIV/AIDS at different levels of progression of this disease is expected to drive usage of HIV diagnostic tests.

Moreover, the need for more accurate and cost-effective diagnostic tests has led to the introduction of novel technologies for diagnosis of HIV infection. Such novel technologies that are expected to be more accurate and feasible include CD4, drug resistance, viral load testing, and early infant diagnosis.
However, the main challenges of the market are lack of proper distribution of the equipment, lack of proper infrastructure for conducting the tests and lack of enough number of skilled manpower to conduct the tests.

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Geographically, the market is categorized into U.K, Italy, France, Germany, and Spain.

Some of the key players of the Patient Monitoring Devices 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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