The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

North America held the largest HIV drugs market share, and Middle East was the fastest-growing region in 2022.

The global HIV drugs market is expected to grow from $33.39 billion in 2022 to $35 billion in 2023 at a compound annual growth rate (CAGR) of 4.8%. The HIV drugs market is expected to grow from $42.65 billion in 2027 at a CAGR of 5.1%.

Major Driver In The HIV Drugs Market ­– Increase In Awareness Among People Regarding The Diagnosis And Treatment Of HIV Disease Acts
According to the World Health Organisation, 26 million individuals will be diagnosed with HIV/AIDS in 2020, and 32.7 million will die from AIDS-related illnesses by the end of 2019. Many efforts and education campaigns for community awareness have been launched by federal government agencies and other groups around the world to address HIV prevention, treatment, and care.

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Key HIV Drugs Market Segments
1) By Type: Nucleoside Reverse Transcriptase Inhibitors (NRT’s), Non- Nucleoside Reverse Transcriptase Inhibitors (NNRT’s), Protease Inhibitors, Integrate Inhibitors, Fusion Inhibitors, Chemokine Receptor Inhibitors, Other Types
2) By Application: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies, Other Applications
3) By Administration: Oral, Parenteral

Recent HIV Drugs Market Trend – Implementing Multi-Class Combination Products
The antiretroviral medicine industry is progressively using multi-class combination products for antiretroviral therapy treatment. Combination pharmaceuticals mix several medications into a single pill. Doravirine, lamivudine, and tenofovir disoproxil fumarate (Delstrigo) are examples of multiclass combination medicines or single-tablet regimens (STRs). Integrase Inhibitors, Protease Inhibitors, Multi-class Combination Products, Nucleoside Reverse Transcriptase Inhibitors (NRTIs), Non-Nucleoside Reverse Transcriptase Inhibitors (NNRTIs), and Others are the medication classes. The increased HIV burden and new medicine approval are driving the development of multi-class combination products. According to WHO, 1.5 million [1.1-2.0 million] individuals will have contracted HIV by 2021, with 650 000 [510 000-860 000] people dying from HIV-related causes. To maintain their competitive advantage and enter new regional markets, many companies are working on creating breakthrough treatments for antiretroviral medication treatment.

HIV Drugs Market Prominent Players
Major players in the HIV drugs market are ViiV Healthcare, Gilead Sciences, Merck & Co., Inc., Bristol-Myers Squibb Company, Janssen (Johnson&Johnson), F. HOFFMANN-LA ROCHE Ltd., Boehringer Ingelheim (C.H. Boehringer Sohn AG & Ko. KG), AbbVie, Inc., GlaxoSmithKline PLC., Mylan Pharmaceuticals, Pfizer, TEVA PHARMACEUTICAL INDUSTRIES Ltd., Hetero Drugs, Daiichi Sankyo, Emcure, AstraZeneca, CIPLA, Alexion Pharmaceuticals, Shionogi, Theratechnologies, and Abbott Laboratories Inc.

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The HIV Drugs Global Market Report 2023  provides a comprehensive overview on the HIV drugs market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the HIV drugs market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

An HIV medicine is an antiretroviral medication that is commonly used to treat HIV. HIV drugs work to keep the human immunodeficiency virus (HIV) or other retroviruses from spreading in the body. If HIV is not treated, it can lead to AIDS (acquired immunodeficiency syndrome). There is currently no effective treatment.

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