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Global HIV drugs market was valued at $32.04 billion in 2020 with a CAGR of 4.1% from 2021 to 2027

08-24-2021 11:42 AM CET | Health & Medicine

Press release from: INFINITY BUSINESS INSIGHTS

Global Hiv Drugs Market Research Historical Analysis 2016-2020 and Forecast 2021-2028

Hiv Drugs Market research report is the new statistical data source added by Infinity Business Insights.

Human immunodeficiency virus (HIV) is a chronic and life-threatening disease, that attacks the body's immune system and can be transferred from one person to another through blood and sexual contact. HIV drugs help to prevent the multiplication of HIV virus and reduce the risk of its transmission.

The rising prevalence and number of HIV cases globally is boosting the market growth. For instance, according to U.S. Department of Health & Human Services and supported, approximately 38 million people around the globe with HIV/AIDS in 2019. Of which, 36.2 million were adults and 1.8 million were children. According to U.S. Department of Health & Human Services and supported, around 1.2 million people in the U.S. are living with HIV in 2020. According to the Pan American Health Organization, around 2.1 million people were living with HIV in South America in 2019. According to the UNAIDS, around 45,000 people are estimated to live with HIV/AIDS in Germany and around 700 people die annually from AIDS. An estimated of 101,600 people living with HIV in the United Kingdom (UK). According to the Chinese Center for Disease Control and Prevention, approximately 1.25 million people living with HIV/AIDS in China in 2019. India has the third largest HIV epidemic in the world, with 2.1 million people living with HIV in 2020. According to the World Health Organization (WHO), around 23.8 million African has HIV in Africa. Approximately 91% of the world's HIV-positive children live in Africa. More than one million adults and children die every year from HIV/AIDS in Africa. Further, rising government initiatives for HIV and raise awareness about diagnosis and management of HIV/AIDS is a key driving factor of the market.

Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.

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Top key players @ Boehringer Ingelheim, Bristol-Myers Squibb Company, F. Hoffmann-La Roche AG, Gilead Sciences, Inc., GlaxoSmithKline plc, Johnson & Johnson, Merck Group, Viatris Inc., Pfizer Inc., Cipla, Teva Pharmaceutical Industries Ltd., and AbbVie.

Multi-Class Combination Products, Nucleoside Reverse Transcriptase Inhibitors, Non-Nucleoside Reverse Transcriptase Inhibitors, Protease Inhibitors, Fusion Inhibitors, Entry Inhibitors - CCR5 Co-Receptor Antagonist, and HIV Integrase Strand Transfer Inhibitorsis the type segment of the market scope. By Application the market is divided into Hospital Pharmacies, Retail Pharmacies, and Others.The report covers valueof the global market by type and application.

Based on type, nucleoside reverse transcriptase inhibitors were dominating the HIV drugs market in 2020, owing to the rising demand for HIV nucleoside reverse transcriptase inhibitors for HIV patients. non-nucleoside reverse transcriptase inhibitors have shown significant growth in 2020 due to the rising awareness on HIV, rising investment for the development of non-nucleoside reverse transcriptase inhibitors, and increasing clinical studies on non-nucleoside reverse transcriptase inhibitors for the treatment of HIV patients.

North America, Europe, AsiaPacific, South America, and Middle East & Africa are taken into consideration at the global HIV drugs value figures. While North America is further categorized into enhancing the United States, Canada, and Mexico, Europe is split into the United Kingdom, Germany, France, Italy, and Rest of Europe. Asia-Pacific covers India, China, Japan, South Korea, and Rest of Asia Pacific in its scope. South America is bifurcated into Brazil, Argentina, and Rest of South America, with Middle East & Africa involvingGCC Countries, Egypt, South Africa, and Rest of Middle East & Africa.

TABLE OF CONTENT:
1 Report Overview
2 Global Growth Trends
3 Market Share by Key Players
4 Breakdown Data by Type and Application
5 United States
6 Europe
7 China
8 Japan
9 Southeast Asia
10 India
11 Central & South America
12 International Players Profiles
13 Market Forecast 2019-2025
14 Analyst’s Viewpoints/Conclusions
15 Appendix

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About Us:
Infinity Business Insights is a market research company that offers market and business research intelligence all around the world. We are specialized in offering the services in various industry verticals to recognize their highest-value chance, address their most analytical challenges, and alter their work.
We attain particular and niche demand of the industry while stabilize the quantum of standard with specified time and trace crucial movement at both the domestic and universal levels. The particular products and services provided by Infinity Business Insights cover vital technological, scientific and economic developments in industrial, pharmaceutical and high technology companies.

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