Future Market Insights has announced the addition of the "Hemotransmissive Infections Testing Market: Global Industry Analysis 2013 - 2017 and Opportunity Assessment; 2018 - 2028 " report to their offering

Valley Cottage, NY -- (SBWire) -- 01/12/2019 --Hemotransmissive Infections are the infections which are transferred through blood when infected person comes in contact. Severe diseases such as hepatitis C, hepatitis B and human immunodeficiency virus (HIV) are most common diseases spread via blood. Timely diagnosis of these diseases becomes important for their cure or management. The hemotransmissive infections testing market is witnessing various regulatory changes from the government of the respective region or country such as in Dec. 2018, the government of U.S. updated law regarding age and consent of diagnosis i.e. minors aged between 15 to 18 years of age can now get tested without the consent of their legal guardian or parents which in turn can increase the possibility of early diagnosis in patients below age 18 years. As per European Center for Disease Prevention and Control and WHO, HIV infections has risen significantly in Eastern Europe with more than 130,000 people infected in 2016 whereas in Western Europe the HIV infection has dropped by almost 20.0%. Similarly, the incidence of hepatitis C and hepatitis B are on the rise and hence hemotransmissive infections testing can play important role in early diagnosis.

Hemotransmissive Infections Testing Market: Drivers and Restraints

Increasing incidence of HIV in the developing world due to low awareness about the preventive majors expected to fuel the growth of hemotransmissive infections testing market. Although the incidence of HIV increasing government initiatives such as free HIV testing further expected to drive the growth of hemotransmissive infections testing market. As per WHO, there are around 71.0 million people suffering from hepatitis C worldwide and 399,000 dies of it each year. Increasing awareness among the general population about the symptoms and diagnostic measures further expected to drive the growth of hemotransmissive infections testing market. Similarly, hepatitis B can be fatal if not diagnosed on time which in turn indicates significant revenue generation capacity of hemotransmissive infections testing market. Various initiatives by government, non-profit organizations and healthcare professionals can further improve the timely diagnosis of these diseases with hemotransmissive infections testing kits driving the growth of hemotransmissive infections testing market. Whereas, the high cost of hemotransmissive infections testing may hamper the potential growth of the hemotransmissive infections testing market.

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Hemotransmissive Infections Testing Market: Segmentation

The global hemotransmissive infections testing market is segmented based on the by test type, indication, end user and region

By test type the hemotransmissive infections testing market is segmented as:

Hepatitis B virus (HBV) DNA test
Hepatitis C virus (HCV) RNA test
Human immunodeficiency virus (HIV) types 1 and 2 RNA test
By indication the hemotransmissive infections testing market is segmented as:

Hepatitis B
Hepatitis C
Human immunodeficiency virus (HIV)
By end user the hemotransmissive infections testing market is segmented as:

Hospitals
Diagnostic Laboratories
Clinics

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Hemotransmissive Infections Testing Market: Overview

The global hemotransmissive infections testing market is expected to experience significant growth due to the increasing incidence of blood transfused diseases. By test type hemotransmissive infections testing market is Human immunodeficiency virus (HIV) types 1 and 2 RNA test due to higher adoption for diagnosis. By indication, hemotransmissive infections testing market is expected to be dominated by the Human immunodeficiency virus (HIV) due to a higher incidence of the disease. By end user diagnostic laboratories expected to dominate the hemotransmissive infections testing market due to higher patient footfall for the diagnosis. The manufacturers in the hemotransmissive infections testing market are focusing on developing a unique kit which can diagnose the majority of hemotransmissive infections.

Hemotransmissive Infections Testing Market: Regional Outlook

The global hemotransmissive infections testing market is expected to be dominated by North America due high end product availability. Europe hemotransmissive infections testing market is expected to be the second most lucrative market due to the increasing incidence of hemotransmissive infections. Asia-Pacific hemotransmissive infections testing market is an emerging market with increasing patient awareness and various government initiatives for early diagnosis of hemotransmissive infections. Latin America hemotransmissive infections testing market is expected to witness steady growth due to steadily increasing adoption of these tests for diagnosis of disease. The Middle East and Africa hemotransmissive infections testing market are expected to be the least revenue generating due to low awareness of symptoms, limited product availability.

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Hemotransmissive Infections Testing Market: Key Players

The key players operating in the global hemotransmissive infections testing market are: AO Vector-Best, Atlas Medical Uk, Launch Diagnostics, Creative Diagnostics, Shanghai Chemtron Biotech, Oscar Medicare, MyBioSource.com, ABON Biopharm (Hangzhou), Bio-Rad Laboratories, Trinity Biotech Manufacturing Ltd and others