Anti-retroviral Drugs Market – By Product (Protease Inhibitors, Integrase Inhibitors, Multi-class Combination Products, NRTIs, NNRTIs), Type (Branded, Generic), Age Group, Distribution Channel - Global Forecast, 2024 – 2032
Report ID: GMI8298
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Published Date: February 2024
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Report Format: PDF
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Premium Report Details
Base Year: 2023
Companies covered: 11
Tables & Figures: 257
Countries covered: 20
Pages: 160
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Anti-retroviral Drugs Market Size
Anti-Retroviral Drugs Market size was valued at USD 29.1 billion in 2023 and is anticipated to register of over 4.2% CAGR from 2024 to 2032. This growth trajectory is propelled by several factors, including increased investment in research and development, the emergence of multiple generic drug alternatives, and the advent of novel drugs boasting enhanced efficacy.
Furthermore, the mounting prevalence of HIV and the broader availability of combination anti-retroviral therapy (cART) are substantial drivers of market expansion. For instance, in July 2022, the World Health Organization (WHO) reported that around 38.4 million individuals were living with HIV globally in 2021. This uptrend in HIV cases is expected to bolster the demand for both anti-retroviral and anti-viral drugs, highlighting the crucial need for effective treatments to address the growing prevalence of the virus.
Antiretroviral drugs (ARVs) are medications used to treat infections caused by retroviruses, particularly the human immunodeficiency virus (HIV). These drugs work by targeting different stages of the HIV replication cycle, helping to suppress viral replication, reduce the viral load in the body, and slow down the progression of HIV infection to acquired immunodeficiency syndrome (AIDS).
Anti-retroviral Drugs Market Trends
Anti-retroviral Drugs Market Analysis
Based on the product, the market is classified into protease inhibitors, integrase inhibitors, multi-class combination products, nucleoside reverse transcriptase inhibitors (NRTIs), non-nucleoside reverse transcriptase inhibitors (NNRTIs), and other drug classes. The multi-class combination products dominated the market with revenue of USD 7.9 billion in 2023.
Based on type, the anti-retroviral drugs market is classified into branded and generic. The branded segment held the highest business share of 67.2% in 2023.
Based on age group, the anti-retroviral drugs market is classified into adult, pediatric, and geriatric. The adult segment is expected to hold the highest revenue throughout the forecast period.
Based on distribution channel, the anti-retroviral drugs market is classified into hospital pharmacy, retail pharmacy, online pharmacy. The hospital pharmacy segment held the highest business share of 43.1% in 2023.
In 2023, North America secured a substantial market share in the global anti-retroviral drugs market and is expected to dominate throughout the forecast period.
Anti-retroviral Drugs Market Share
The competitive landscape of the market is characterized by the presence of established pharmaceutical companies vying for market share. Key players are engaging in strategic initiatives such as mergers, acquisitions, and partnerships to strengthen their product portfolios. The companies are actively adopting a multi-pronged approaches to address the rising demand for effective anti-retroviral drugs.
Anti-retroviral Drugs Market Companies
Prominent players operating in the anti-retroviral drugs industry are as mentioned below:
Anti-retroviral Drugs Industry News
The anti-retroviral drugs market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2018 - 2032 for the following segments:
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Market, By Product
Market, By Type
Market, By Age Group
Market, By Distribution Channel
The above information is provided for the following regions and countries: