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Research and Markets: The Global HIV/AIDS Testing Market to Grow at a CAGR of 5.2 Percent Over the Period 2010-2014

February 1, 2012
Business Wire - February 01, 2012

DUBLIN - Research and Markets (http://www.researchandmarkets.com/research/2ffadf/global_hivaids_te) has announced the addition of the "Global HIV/AIDS Testing Market 2010-2014" report to their offering.

One of the key factors contributing to this market growth is the steady rise in the number of people prone to HIV/AIDS. The Global HIV/AIDS Testing market has also been witnessing the trend of adoption of AIDS/HIV workplace policies by companies. However, lack of awareness about personal HIV status could pose a challenge to the growth of this market.

This report covers the Americas, the EMEA and APAC regions; it also covers the current Global HIV/AIDS Testing Market and also analyzes the growth potential of the market till 2014. The report also includes a discussion of the vendors operating in this market.

Key vendors dominating this market space include Roche Diagnostics Inc., Abbott Laboratories Inc., Ortho-Clinical Diagnostics Inc. and, Gen-Probe Inc.

TechNavio's report highlights that there has been a striking increase in the number of people suffering from AIDS over time. For instance, Ukraine has one of the fastest growing HIV-infected populations in the world. In 2010, about 1.3 percent of the adult population of Ukraine was infected by HIV. This figure was the highest in the whole of Europe.

Commenting on the report, an analyst from TechNavio's Healthcare team said, Several large companies have adopted workplace policies to mitigate the impact of the AIDS epidemic on their business. Some of them have been at the forefront in providing AIDS prevention, care and treatment services. They have recognized the magnitude and severity of the impact of the AIDS epidemic worldwide and are educating their employees to sensitize them towards the disease.

Key findings from the report: Increasing number of Government-aided HIV/AIDS Awareness Campaigns Availability of Unapproved HIV/AIDS Testing Kits in the Market Multiple Modalities Being Used for HIV/AIDS Testing For more information visit http://www.researchandmarkets.com/research/2ffadf/global_hivaids_te Contacts Research and Markets Laura Wood, Senior Manager press@researchandmarkets.com U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716

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