What is HIV Therapy?
HIV treatment entails taking highly effective antiretroviral therapy (ART) medications that work to control the virus. ART is recommended for all HIV patients, and people with HIV should begin ART as soon as possible after diagnosis, if possible on the same day. People on ART use an HIV treatment regimen, which is a combination of HIV medications. A person's initial HIV treatment regimen typically consists of three HIV medicines from at least two different HIV drug classes, all of which must be taken exactly as prescribed. There are several options that combine two or three different HIV medications into a single once-daily pill. Long-acting HIV injections, given every two months, are also available if a health care provider determines that user meet certain criteria.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | GlaxoSmithKline plc. (United Kingdom), Abbott (United States), ViiV Healthcare (Australia), Pfizer Inc. (United States), Sanofi (France), Gilead Sciences, Inc. (United States), Novartis AG (Switzerland) and Bristol-Myers Squibb Company (United States) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analysts at AMA Research estimates that Players from United States will contribute to the maximum growth of Global HIV Therapy market throughout the predicted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
GlaxoSmithKline plc. (United Kingdom), Abbott (United States), ViiV Healthcare (Australia), Pfizer Inc. (United States), Sanofi (France), Gilead Sciences, Inc. (United States), Novartis AG (Switzerland) and Bristol-Myers Squibb Company (United States) are some of the key players that are part of study coverage.
The market study is broken down and major geographies with country level break-up.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global HIV Therapy market by Type, Application and Region.
On the basis of geography, the market of HIV Therapy has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Diagnosis, the sub-segment i.e. Antigen Tests will boost the HIV Therapy market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Symptoms, the sub-segment i.e. Fever will boost the HIV Therapy market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
In 2021, the Food and Drug Administration (FDA) approved Cabenuva, which contains two different types of HIV drugs: cabotegravir and rilpivirine. take it as an injection once a month at the doctor’s office. It makes a much easier option for people who find it hard to remember to take their pills every day.
Market Trend
- Strong R&D Initiatives From Key Companies Are All Driving HIV Therapy
- Technology developments in sample processing of HIV
Market Drivers
- The Rising Geriatric Population Worldwide
- Growing Awareness Regarding Health Among Individuals
Opportunities
- Rising Healthcare Expenditure
- Government Favorable Incentives For HIV Treatment
Restraints
- Side Effect Associated With HIV Treatment
- Lack Of Awareness Regarding The Available Treatment Options
Challenges
- Stringent Regulations, And Long Product Approval Process
- Challenges To Develop HIV Therapy Products
Key Target Audience
HIV Therapy, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Frequently Asked Questions (FAQ):
1. What all players are profiled in the study?
The standard version of the report profiles players such as GlaxoSmithKline plc. (United Kingdom), Abbott (United States), ViiV Healthcare (Australia), Pfizer Inc. (United States), Sanofi (France), Gilead Sciences, Inc. (United States), Novartis AG (Switzerland) and Bristol-Myers Squibb Company (United States) etc.
2. Can we have customized study for HIV Therapy Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.