HIV Drugs Market Share, Key Players, Industry Overview, Insights, Opportunity and Forecast to 2027

The HIV Drugs Market is expected to reach US$ 38.9 Billion by 2027, exhibiting a CAGR of 3.7% during 2022-2027.

ST. BROOKLYN, NY, USA, February 12, 2023 /EINPresswire.com/ -- According to IMARC Group’s latest report, titled “𝗛𝗜𝗩 𝗗𝗿𝘂𝗴𝘀 𝗠𝗮𝗿𝗸𝗲𝘁: 𝗚𝗹𝗼𝗯𝗮𝗹 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗧𝗿𝗲𝗻𝗱𝘀, 𝗦𝗵𝗮𝗿𝗲, 𝗦𝗶𝘇𝗲, 𝗚𝗿𝗼𝘄𝘁𝗵, 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝘆 𝗮𝗻𝗱 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁 𝟮𝟬𝟮𝟮-𝟮𝟬𝟮𝟳”, the global HIV drugs market size reached US$ 29.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 38.9 Billion by 2027, exhibiting a CAGR of 3.7% during 2022-2027.

HIV or human immunodeficiency virus is a type of virus that attacks the immune system of the body. It can turn into a more serious and life-threatening diseases, acquired immunodeficiency syndrome (AIDS), if not treated timely. Such a virus is spread by contact with certain bodily fluids of a person with HIV, most commonly during unprotected sexual contact or through sharing the same syringe. HIV is treated with antiretroviral medicines that work by stopping the virus from replicating in the body, which allows the immune system to fix itself and prevent further damage.

𝗚𝗲𝘁 𝗮 𝗙𝗿𝗲𝗲 𝗦𝗮𝗺𝗽𝗹𝗲 𝗖𝗼𝗽𝘆 𝗼𝗳 𝘁𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁: https://www.imarcgroup.com/hiv-drug-market/requestsample

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HIV Drugs Market Trends:

The increasing prevalence of HIV represents one of the key factors driving the market growth. Moreover, the rising awareness about HIV infection among people is facilitating the demand for HIV drugs. Apart from this, the significant expansion in the healthcare industry, along with the rising patient population and the continual launch of novel drugs are expected to fuel the growth of the market. The increasing number of awareness programs organized by both the government and non-government organizations (NGOs) is acting another major growth-inducing factor. Other factors, such as the rising demand for antiretroviral therapies (ARTs), along with the presence of several multinational pharmaceutical companies and generic drug manufacturers, are creating a positive outlook for the market further across the globe.

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Competitive Landscape With Key Players:

The competitive landscape of the HIV drugs market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

• Boehringer Ingelheim International GmbH,
• Merck & Co., Inc.,
• ViiV Healthcare,
• AbbVie, F. Hoffmann-La Roche Ltd.,
• Teva Pharmaceutical Industries Ltd.,
• Bristol-Myers Squibb Gilead Sciences, Inc.,
• Johnson & Johnson,
• Cipla Limited,
• Daiichi Sankyo,
• Emcure,
• Hetero Drugs,
• Mylan.

Key Market Segmentation:

The report has segmented the global HIV drugs market on the basis of breakup by drug class, distribution channel and region.

Breakup by Drug Class:

• Nucleoside Reverse Transcriptase Inhibitors
• Multi-Class Combination Products
• Protease Inhibitors
• HIV Integrase Strand Transfer Inhibitors
• Non-Nucleoside Reverse Transcriptase Inhibitors
• Entry Inhibitors — CCR5 Co-Receptor Antagonist
• Fusion Inhibitors and Others

Breakup by Distribution Channel:

• Hospital Pharmacies
• Retail Pharmacies
• Online Pharmacies
• Others

Breakup by Region:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Turkey, South Africa, Others)

𝗔𝘀𝗸 𝗔𝗻𝗮𝗹𝘆𝘀𝘁 𝗳𝗼𝗿 𝟭𝟬% 𝗳𝗿𝗲𝗲 𝗰𝘂𝘀𝘁𝗼𝗺𝗶𝘇𝗲𝗱 𝗿𝗲𝗽𝗼𝗿𝘁: https://www.imarcgroup.com/request?type=report&id=953&flag=C

This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.

Key Highlights of the Report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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