Human Immunodeficiency Virus Therapeutics Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025
Global Human Immunodeficiency Virus Therapeutics Market: Snapshot
With the noticeable surge in the incidence rate of human immunodeficiency virus (HIV)-1 infection, the market for HIV therapeutics market is gaining remarkable momentum across the world. The rate of demise from HIV-1 infection, however, is much higher than its occurrence rate. The number of people coming in contact with HIV is increasing at a fast pace, with emerging and under developed economies being severely hit as they lack adequate treatment facilities and prevention measures.
Hitherto, no cure to HIV infections has been discovered. However, with appropriate medical intervention and therapeutics, their severity on infected humans can be controlled, providing new life lease to patients. Entry and fusion inhibitors, NRTIs, Non-NRTIs, integrase inhibitors, coreceptor antagonists, and protease inhibitors are the main drug classes of the therapeutics for HIV. With a large number of anti-retro viral drugs, the NRTIs segment has emerged as the most prominent drug class in human immunodeficiency virus therapeutics.
NRTIs slow down reverse transcriptase activities and eventually apprehend viral replication, which helps in reducing the effects of the infection on the human body. In general, the anti-retroviral regimen, used for the treatment of HIV patients, has a combination of anti-retroviral agents from diverse drug classes. Currently, over twenty FDA-approved drugs for the treatment of HIV are commercially available across the world.
Global Human Immunodeficiency Virus Therapeutics Market: Overview
AIDS is perhaps the greatest threat posed by infectious diseases to human health in history. As this disease remains incurable at the moment, the development of anti- HIV therapies is crucial to slow down the progression of the virus. Therefore, the global market for HIV therapeutics will witness tremendous growth during the forthcoming period.
Almost 36.7 million people were suffering from this deadly disease towards the end of 2015, according to the findings of World Health Organization (WHO). As the incidence of AIDS is not likely to reduce anytime soon, the global HIV therapeutics market is expected to exhibit a positive trajectory in the forthcoming years
The report by TMR Research discusses the trends, catalysts, opportunities, and deterrents of the global human immunodeficiency virus therapeutics market. The major vendors are studies in-depth, wherein their key business strategies, market shares, and product portfolios have been discussed. The market attractiveness, competitive landscape, market projections, supply and demand dynamics, and value chain analysis have also been revealed along with relevant statistical data.
Global Human Immunodeficiency Virus Therapeutics Market: Drivers and Restraints
The increasing prevalence of HIV infections, particularly amongst the youth worldwide owing to unprotected sexual activities, lack of awareness about the risk of transmission, and the usage of contaminated needles and syringes have been the most prominent growth drivers boosting the global HIV therapeutics market. The growing healthcare expenditures of governments and the gradual spread of awareness about the availability of anti-HIV therapies are also contributing towards market growth.
Research conducted in novel scientific arenas such as pharmacogenetics and pharmacogenomics have been backing up the expansion of the market. The most awaited advent of personalized treatments wherein medications are optimized for every single patient considering the individual's genetic makeup has raised the hopes of HIV positive patients. Several community groups, national research groups, regulatory bodies, pharmaceutical companies and patients have joined forces against HIV, working towards the development of effective HIV therapies. All this has triggered the growth of the global HIV therapeutics market. Moreover, as several drugs are constantly being developed and are entering clinical investigation each day, it is likely that they will be easily available in near future, promoting the expansion of the market substantially.
Global Human Immunodeficiency Virus Therapeutics Market: Regional Outlook
On the basis of geography, the global human immunodeficiency virus therapeutics market can be segmented into Latin America, Europe, Asia Pacific, the Middle East and Africa, and North America.
Escalating incidence of this infection has been observed in Russia, Latin America, and several parts of Caribbean. Therefore, these regions are expected to display considerable demand over the coming period. The continents of Asia and Africa are plagued by this viral infection, with countries such as China, India, and Nigeria with high incidence of HIV infections. According to the WHO, 1 out of 25 people are suffering from HIV infection in the Sub-Saharan Africa, making up almost 70% of the entire global HIV population.
Steps taken by governments to improve access to HIV therapies in these emerging economies are likely to boost the demand for HIV therapeutics in these regions. Moreover, numerous national and international initiatives across the globe by institutions such as the HIVNAT (The Netherlands, Australia, and Thailand) Network, Harvard AIDS Institute, and MSF (Médecins Sans Frontières) have also been guiding growth.
Companies Mentioned in the Report
Some of the major companies operating in the global human immunodeficiency virus therapeutics market are ViiV Healthcare, Boehringer Ingelheim GmbH, Merck & Co., Cipla, Inc., Bristol-Myers Squibb Company, and AbbVie, Inc.
The reports at TMR Research provide qualitative solutions that break the barriers of doubt or uncertainties when the stakeholders plan to expand their growth reach. The researchers compile the necessary information that enlightens the CXOs about the current growth opportunities in a specific market and enables them to make the most of the opportunities.
TMR Research is a leader in developing well-researched reports. The expertise of the researchers at TMR Research makes the report stand out from others. TMR Research reports help the stakeholders and CXOs make impactful decisions through a unique blend of innovation and analytical thinking. The use of innovation and analytical thinking while structuring a report assures complete and ideal information of the current status of the market to the stakeholders.
TMR Research has rich experience in developing state-of-the-art reports for a wide array of markets and sectors. The brilliance of the experts at TMR Research and their alacrity to conduct thorough research and create phenomenal reports makes TMR Research better than others.
5-Point Growth Formula
The 5-point growth formula developed by TMR Research provides an insight to the stakeholders and CXOs about the current situation in the market. The growth formula makes the report a perfect companion for the stakeholders and CXOs.
The 5-point growth formula includes the following points:
Current and Future Threats
Along with studying the opportunities necessary for growth, threats are also an important aspect to look upon for the companies and stakeholders in a specific sector. TMR Research studies every negative aspect that will hinder the growth of a specific area of business and includes it in the report. The stakeholders and CXOs will have the benefit of assessing the threat and take the necessary steps to prevent the hindrance caused due to the threats.
Accurate Trend Analysis
Keeping up with the latest trends is crucial in any business or sector. While stakeholders are aware of the trends that are on the surface, TMR Researchers find trends that are deeply entrenched in the particular market or sector. The reports are constantly updated with the latest trends so that the stakeholders and CXOs can derive benefits from the trends and generate good revenues.
Demography forms an important part of the growth pattern of all the markets. Diving deep into the demographics enables maximum output from specific areas. The TMR Research team assesses every region and picks out the vital points that have a large impact on the growth of a market.
The analysts at TMR Research conduct an all-round analysis on the competitive landscape of the market. The observations recorded by the analysts are added to the reports so that every stakeholder gets a glimpse of the competitive scenario and frame their business plans according to the situation.
The COVID-19 outbreak has changed the growth projections of numerous sectors and businesses. The analysts at TMR Research have conducted a conscientious survey on the markets after the pandemic struck. The analysts have put forth their brilliant and well-researched opinions in the report. The opinions will help the stakeholders to plan their strategy accordingly.
The reports offer answers to the top 7 questions that revolve around the growth of the market
Flat 10% discount on Single User License if you prebook this report
Flat 10% discount on Multiple User License if you prebook this report
Flat 10% discount on Corporate License if you prebook this report