Introduction of Effective Drugs to Drive the Anti-HIV Drugs Market

Human Immunodeficiency Virus (HIV) is a chronic and life-threatening infectious disease, which can be transferred from one person to another through blood-to-blood and sexual contact. It is a virus that attacks immune cells known as CD-4 cells, further lowering the immunity. Rising prevalence of HIV is prompting the need for effective anti-HIV drugs. Anti-HIV drugs help in preventing the multiplication of the HIV virus, thereby reducing the risk of transmission. Currently, HIV is treated using drugs belonging to classes such as nucleoside reverse transcriptase inhibitors (NRTIs), non-nucleoside reverse transcriptase inhibitors (NNRTIs), entry and fusion inhibitors, integrase inhibitors, and protease inhibitors (PIs). Some of the prominent drugs available in the market include Truvada, Atripla, Stribild, and Prezista/Prezcobix. The anti-HIV drug market’s most prominent driver is the rising government initiative to awareness regarding the causes, symptoms, and treatments of HIV. Additionally, the introduction of cost-effective generic drugs drives the market growth. Got questions about your regional growth of Anti-HIV Drugs Market? Just drop us a line or call on +1 646 480 7505 Key Highlights The anti-HIV market was valued at USD 26,883.4 million in 2019 and is expected to grow with a CAGR of 6.2%. Increasing number of pipeline products to address the growing prevalence of HIV drive the market growth. The multi-class combination drugs segment held the largest market share in 2018 due to their efficacy in inhibiting multiple aspects of HIV transmission, such as incoming viral load, virus-infected cells, and cells susceptible to HIV infection. The hospital pharmacies segment held the highest market share in 2018 owing to increasing awareness about HIV drugs and improving healthcare infrastructure in both developed and developing countries. Key Players Gilead Sciences IncSciences, Inc. ViiV Healthcare Merck & Co., Inc. AbbVie Hoffmann-La Roche Ltd. Teva Pharmaceutical Industries Ltd. Bristol-Myers Squibb Pfizer Shionogi Cipla Limited Boehringer Ingelheim International GmbH Recent Development In June 2018, Merck received the U.S. FDA approval for DELSTRIGO (doravirine, lamivudine,tenofovir disoproxil fumarate) and PIFELTRO (doravirine) for HIV treatment Anti-HIV Drugs Market Segmentation By Medication Class Multi-class combination drugs Nucleoside reverse transcriptase inhibitors (NRTIs) Non-nucleoside reverse transcriptase inhibitors (NNRTIs) HIV integrase stand transfer inhibitors By Distribution Channel Hospital pharmacies Retail pharmacies E-commerce By Region North America Europe Asia-Pacific South America The Middle East and Africa " Crucial Insights The Report Provides:" * Known and Unknown Adjacencies Influencing the Growth of Market * Explorable Revenue Sources * Customer Behaviour Analysis * Target Partners * Customized Geographical Data Based on Customers as well as Competitors * Analysis of Market Size and CAGR between the Forecast Periods