What is behind the Rise of the Human Immunodeficiency Virus (HIV) Treatment Market?

With incidence rate of HIV/AIDS steadily climbing, the global human immunodeficiency virus treatment market is set to witness an exceptional growth period. In 2018, UNAIDS estimated that 37.9 million people are living with HIV globally, while 1.7 million people have been newly infected by the disease. More importantly, AIDS-related deaths around the world have been accounted at 770,000 in 2018.

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As the disease becomes more widespread, especially in low and middle income countries where healthcare infrastructure is not well-developed, the demand for HIV treatment will spike. For example, the WHO states that African countries are the most severely affected by HIV, with the disease infecting 1 out of every 25 adults. These figures indicate that there is likely to be a rapid expansion of the global human immunodeficiency virus treatment market size in the stipulated period.

Leading Players operating in the Human Immunodeficiency Virus (HIV) Treatment Market are:

Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:

o GlaxoSmithKline plc.
o Abbott
o ViiV Healthcare
o Pfizer Inc.
o Sanofi
o Gilead Sciences, Inc.
o Novartis AG
o Bristol-Myers Squibb Company

Large Patient Pool to Drive the Market in Africa and the Middle East

The Middle East and Africa are anticipated to register a reasonably CAGR in the global human immunodeficiency virus treatment market. The main reason for this being a high percentage of the population living with HIV in these regions where the demand for ART is expected to grow. In North America, government authorities, such as the Centres for Disease Control and Prevention, are actively spreading awareness about HIV. As a result, the region will dominate the global human immunodeficiency virus treatment market share in the forecast period.

Human Immunodeficiency Virus (HIV) Treatment Market Segmentation:

By Drug Class
o Non-nucleoside reverse transcriptase inhibitors (NNRTIs)
o Nucleoside and nucleotide reverse transcriptase inhibitors (NRTIs)
o Protease Inhibitors (PIs)
o Integrase Inhibitor
o Others
By Distribution Channel
o Hospital Pharmacies
o Retail Pharmacies
o Others
By Geography
o North America (USA and Canada)
o Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
o Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
o Latin America (Brazil, Mexico and Rest of Latin America)
o Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)
Reasons to Purchase this Report:

o Comprehensive analysis of the Human Immunodeficiency Virus (HIV) Treatment Market growth drivers, obstacles, opportunities, and other related challenges.
o Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
o Identifies market restraints and boosters.
o Identifies all the possible segments present in the market to aid organizations in strategic business planning.

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