The HIV Drugs
Market is expected to reach a value of USD 23,370 million in 2023 and
increase at a compound annual growth rate (CAGR) of 3.90% to reach USD 32,140
million by 2033.
Viral human immunodeficiency Drugs and HIV treatment are
connected. The virus known as the Human Immunodeficiency Virus (HIV) causes the
illness known as acquired immunodeficiency syndrome (AIDS). The virus known as
the human immunodeficiency virus (HIV) targets the immune system, which aids in
the body's defense against diseases. CD4 cells, also known as T cells, are
important in the immune system's ability to combat infections.
Medication designed to inhibit the human immunodeficiency
virus helps prevent more consequences by halting the virus's growth. The
expansion of the HIV drug market is ascribed to a few factors, including an
increase in HIV cases, especially in young people, unprotected sexual
relations, the use of contaminated or nonsterile needles by healthy
individuals, and a lack of knowledge about the risk factors.
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Key Takeaways
1.
It resulted in an increase in demand for highly
potent HIV drugs for the management and treatment of the illness.
2.
Throughout the projection period, the market's
expansion was driven by a rise in demand for HIV/AIDS drugs.
3.
HIV medications for the treatment of HIV
infection would boost market expansion even more.
Market Dynamics
The market for HIV drugs is driven by the rising number of
HIV patients; factors contributing to this rise in prevalence include rising
treatment and diagnosis rates, as well as a lack of knowledge about the virus's
mechanism of transmission. Additionally, there is a significant increase in
government attempts to raise awareness of HIV causes, treatment options, and
illness signs.
The market is expected to grow, thus government funding and
R&D efforts in the field of HIV drug research are becoming increasingly
important. Furthermore, advances in technology improve the way HIV medications
are delivered and their long-term effects.
Market Competitive Outlook
Boehringer Ingelheim International GmbH, Cipla Inc., Merck & Co.,
Inc., AbbVie Inc., Bristol-Myers Squibb Company, Teva Pharmaceutical Industries
Ltd, Gilead Sciences, Inc., Hoffmann-La Roche Ltd, Pfizer Inc., Aurobindo
Pharma, Celltrion Healthcare Co.,Ltd, ViiV Healthcare.
Market Segmental Analysis
By Drug Type
1.
Protease Inhibitors
2.
Fusion Inhibitors
3.
CCR5 Antagonist
4.
Nucleosidz
5.
Integrase Inhibitors
6.
Non-Nucleoside Reverse Transcriptase
Inhibitors
By End-User
1.
Hospitals & Clinics
2.
Specialty Centers
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Country Scope
U.S.; Canada; U.K.; Germany; France; Italy; Spain; Benelux;
Nordic Countries; Russia; China; India; Japan; South Korea; Australia;
Indonesia; Thailand; Mexico; Brazil; Argentina; Saudi Arabia; UAE; Egypt; South
Africa; Nigeria
Frequently Asked Questions
1.
What is the market size of HIV Drugs Market in
2022?
2.
Which are the top companies operating within
the market?
3.
Which region dominates the HIV Drugs Market?
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