Press release
HIV-Associated Lipodystrophy Treatment Market Key Players Analysis - Fawn Incorporation, Abbott Healthcare Solutions, Lupin Pharmaceuticals, Inc., Pfizer Inc., Bayer Inc.
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global HIV-Associated Lipodystrophy Treatment Market - (by Lipodystrophy Type (Lipoatrophy and Lipoaccumulation), by Therapeutic class (Anabolism Modulators, Insulin Resistance Modulators, Mitochondrial Antioxidants (l-carnitine), and Other), by Distribution Channels (Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies)), Trends, Industry Competition Analysis, Revenue and Forecast To 2031."According to the latest research by InsightAce Analytic, the Global HIV-Associated Lipodystrophy Treatment Market is valued at USD 176.82 Mn in 2023, and it is expected to reach USD 239.62 Mn by the year 2031, with a CAGR of 4.05% during the forecast period of 2024-2031.
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HIV-associated lipodystrophy, also known as lipodystrophy, is a condition commonly observed in individuals living with HIV. It is characterized by a reduction in subcutaneous fat in areas such as the face, buttocks, arms, and legs. Some studies suggest a potential correlation between the use of antiretroviral drugs and the development of HIV-associated lipodystrophy, although findings remain inconclusive. This syndrome is defined by altered body composition resulting from antiretroviral therapy, with two distinct clinical manifestations potentially occurring simultaneously. These manifestations include the abnormal accumulation of fat in the central abdomen (central adiposity) or the loss of fat beneath the skin's surface (lipoatrophy), both of which can significantly impact an individual's self-esteem and body image. The morbidity associated with this condition can be alleviated through various treatments that have been identified. This activity explores the diagnosis, treatment options, and the importance of a multidisciplinary approach to patient care for managing HIV-associated lipodystrophy. While the precise cause remains unclear, it is known that newer HIV medications tend to be safer and are less likely to induce lipodystrophy compared to older HIV treatments.
List of Prominent Players in the HIV-associated lipodystrophy treatment market:
• Theratechnologies Inc.
• GlaxoSmithKline plc
• Novelion Therapeutics Inc.
• AstraZeneca plc
• AbbVie Inc.
• Bristol-Myers Squibb
• Amryt Pharmaceuticals, Inc.,
• Fawn Incorporation,
• Abbott Healthcare Solutions,
• Lupin Pharmaceuticals, Inc.,
• Pfizer Inc.,
• Bayer Inc.,
• Novartis Pharmaceuticals Corporation,
• Galderma Laboratories, L.P.
• Others
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Market Dynamics:
Drivers:
The growth of the HIV-associated lipodystrophy treatment market is primarily driven by the potential protective effects of the condition on various metabolic parameters, including a reduced risk of atherosclerosis and type 2 diabetes. Antiretroviral therapy (ART) has demonstrated significant improvements in the health and well-being of individuals living with HIV, with the added benefit of suppressing HIV replication. This not only aids in enhancing the quality of life for those infected but also plays a crucial role in preventing the transmission of the virus to others.
Challenges:
Key challenges in the market include limited awareness, a shortage of qualified healthcare professionals, and the lack of established standards and protocols, particularly in emerging markets, which could hinder the growth of the HIV-associated lipodystrophy treatment sector. Additional barriers include limited availability of medications, low patient adherence to treatment regimens, the presence of co-morbidities and opportunistic infections, and the absence of a solid framework for control programs. Furthermore, the psychological impact of the condition, such as depression, low self-esteem, and social isolation, significantly contributes to emotional distress among patients. Metabolic issues such as insulin resistance, hyperlipidemia, and hyperglycemia further elevate the risk of cardiovascular diseases. Despite these challenges, there is no contraindication for the COVID-19 vaccine in HIV patients, and the vaccine is compatible with HIV prevention and treatment medications.
Regional Trends:
The North American market for HIV-associated lipodystrophy treatment is expected to capture a significant revenue share, with strong growth projections driven by favorable policy protections. In regions like Massachusetts, HIV medication side effects, including lipodystrophy, are now covered under insurance, which is expected to further stimulate market growth if this policy is widely adopted. In Europe, a notable market share can be attributed to the high HIV infection rates, coupled with an increased demand for effective treatments. Globally, the HIV-associated lipodystrophy treatment market is poised for steady expansion, fueled by rising demand, heightened environmental awareness, and ongoing advancements in treatment technologies.
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Segmentation of HIV-Associated Lipodystrophy Treatment Market-
By lipodystrophy type,
• Lipoatrophy
• Lipoaccumulation
By therapeutic class,
• Anabolism modulators
• Growth hormones
• Anabolic steroids
• Insulin resistance modulators
• Metformins
• Thiazolidinediones
• Mitochondrial antioxidants (l-carnitine)
• Other miscellaneous metabolic agents
By distribution channel,
• Hospital pharmacies
• Retail pharmacies
• Online pharmacies
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• Southeast Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of the Middle East and Africa
Read Overview Report- https://www.insightaceanalytic.com/report/hiv-associated-lipodystrophy-treatment-market/2250
About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
Contact us:
InsightAce Analytic Pvt. Ltd.
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info@insightaceanalytic.com
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