Product ID: SQMIG35I2310
Report ID:
SQMIG35I2310 |
Region:
Global |
Published Date: April, 2024
Pages:
219
|
Tables:
71 |
Figures:
69
Global HIV Drugs Market size was valued at USD 30.99 billion in 2022 and is poised to grow from USD 32.26 billion in 2023 to USD 44.49 billion by 2031, growing at a CAGR of 4.10% during the forecast period (2024-2031).
The HIV capsules market is an important segment of the pharmaceutical industry, because it provides lifestyles-saving treatments for people dwelling with HIV/AIDS. The marketplace has witnessed a sizable boom over the years due to improvements in the scientific era and elevated focus on HIV prevention and treatment.
Factors contributing to marketplace growth include a growing incidence of HIV/AIDS, increasing get entry to to healthcare services, and ongoing research and improvement sports.The marketplace is primarily pushed with the aid of the demand for antiretroviral remedy (ART), which is the same old treatment for HIV/AIDS. ART enables in reducing the viral load in patients, enhancing immune function, and stopping the transmission of the virus.In 2022 and 2023, the HIV drugs marketplace is expected to maintain its increased trajectory. The marketplace is probable to be prompted by way of several elements, inclusive of:
Increasing HIV/AIDS Prevalence: The number of people dwelling with HIV/AIDS is predicted to grow, mainly in growing nations. This will power the demand for HIV drugs.
Ongoing research and improvement activities are predicted to cause the introduction of recent and more powerful HIV tablets. Technological advancements, which include long-acting injectable treatments, also are expected to form the market.The COVID-19 pandemic has had some effect at the HIV tablets market, with disruptions in delivery chains and healthcare structures. However, efforts are being made to make sure continuity in HIV treatment and prevention services.
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Product ID: SQMIG35I2310