Press release
HIV Injection Market Updates : Predicted to Attain USD 5.5 Billion by 2033 ; North America Dominated the Market
Allied Market Research published a report, titled, "HIV Injection Market by Distribution Channel (Hospital Pharmacy, Drug Stores and Retail Pharmacies, and Others): Global Opportunity Analysis and Industry Forecast, 2024-2033". According to the report, the global HIV injection industry generated $1.0 billion in 2023, and is anticipated to generate $5.5 billion by 2033, witnessing a CAGR of 17.9% from 2024 to 2033.๐ท๐๐๐๐ ๐ซ๐๐๐๐๐๐๐๐๐๐๐ ๐๐ ๐ฎ๐๐๐๐๐
The global HIV injection market is being propelled by an increase in individuals undergoing HIV therapy, heightened awareness, and government initiatives towards HIV. However, market growth may be hampered by rigorous regulatory procedures for approving HIV injection therapies. Nonetheless, emerging markets show promising growth potential, alongside a surge in product approvals and a growing pipeline, presenting new avenues for market expansion in the foreseeable future.
๐น๐๐๐๐๐๐ ๐บ๐๐๐๐๐ ๐๐ ๐๐๐ ๐น๐๐๐๐๐ ๐๐ ๐ฏ๐ฐ๐ฝ ๐ฐ๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ญ๐๐๐๐๐๐๐ 2033
https://www.alliedmarketresearch.com/request-sample/A312373
๐๐๐๐๐ฌ๐ฌ๐ข๐จ๐ง ๐๐ฆ๐ฉ๐๐๐ญ
Amidst an economic downturn, both individuals and governments may tighten their financial belts, resulting in decreased healthcare expenditure. This could impede patients' access to and affordability of HIV injections, potentially reducing demand for such treatments.
Nevertheless, the increasing prevalence of HIV infections ensures a sustained demand for therapeutic drugs, even during recessions. Consequently, there may be a heightened need for HIV injections, which could experience a moderately favorable impact amidst the global economic downturn.
๐ป๐๐ ๐๐๐๐๐๐ ๐๐๐๐๐๐๐ ๐๐ ๐๐๐๐๐๐๐๐ ๐๐๐ ๐๐๐๐ ๐๐๐๐๐๐๐๐ ๐ ๐๐๐๐๐ ๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐๐๐๐๐
In 2023, the "others" distribution channel segment dominated the global HIV injection market, accounting for approximately three-fourths of the total revenue. This segment is anticipated to retain its leading position throughout the forecast period. Moreover, it is projected to exhibit the highest compound annual growth rate (CAGR) of 18.0% during this period.
This significant growth is attributed to various factors, including the accessibility of HIV injections through specialty pharmacies and online providers within the "others" segment. Additionally, this channel offers advantages such as convenience, technological integration, cost-effectiveness, and adaptability to evolving healthcare dynamics.
๐ต๐๐๐๐ ๐จ๐๐๐๐๐๐ ๐๐ ๐๐๐๐๐๐๐๐ ๐๐๐ ๐ ๐๐๐๐๐๐๐๐ ๐๐ 2033
In 2023, North America emerged as the leading revenue contributor to the global HIV injection market, capturing over four-fifths of the market share. It is anticipated to maintain its dominance throughout the forecast period. This is primarily attributed to the region's well-established healthcare infrastructure, coupled with the easy availability of HIV injections. Additionally, governmental initiatives and regulatory support for HIV have further fueled the demand for these injections in North America.
On the other hand, the Asia-Pacific region is poised to experience the fastest compound annual growth rate (CAGR) of 21.6% from 2024 to 2033. This growth can be attributed to increasing awareness of HIV, a surge in HIV incidences, and a rise in healthcare expenditures across the region.
๐ญ๐๐ ๐ท๐๐๐๐๐๐๐๐๐๐ ๐ฐ๐๐๐๐๐๐๐๐๐๐ -
https://www.alliedmarketresearch.com/purchase-enquiry/A312373
๐ณ๐๐๐ ๐๐๐ ๐ด๐๐๐๐๐ ๐ท๐๐๐๐๐๐
GlaxoSmithKline plc
Johnson and Johnson
Gilead Sciences, Inc.
ImmunityBio, Inc.
F. Hoffmann-La Roche Ltd.
Theratechnologies Inc.
Viriom, Inc.
AbbVie Inc.
Brii Biosciences
Shionogi and Co., Ltd.
The report offers an in-depth analysis of prominent players in the global HIV injection market. These companies have implemented various strategies including agreements, clinical trials, partnerships, and product approvals to expand their market share and uphold dominant positions across diverse regions. Providing valuable insights into business performance, operational segments, product portfolios, and strategic initiatives of these market players, the report effectively illustrates the competitive landscape.
๐ฒ๐๐๐ ๐ด๐๐๐- https://www.alliedmarketresearch.com/hiv-injection-market-A312373
๐ถ๐๐๐๐ ๐ป๐๐๐๐ ๐๐๐ ๐น๐๐๐๐๐๐ ๐๐ ๐ณ๐๐๐ ๐บ๐๐๐๐๐๐ ๐ซ๐๐๐๐๐
๐ฝ๐๐๐๐๐๐ ๐จ๐๐๐๐๐๐๐๐๐ ๐๐ ๐ฏ๐๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ https://www.alliedmarketresearch.com/virtual-assistance-in-healthcare-market-A17090
๐ฏ๐๐๐๐๐๐๐๐ ๐๐๐ ๐ช๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ https://www.alliedmarketresearch.com/histology-and-cytology-market-A15397
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
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