Human Immunodeficiency Virus Therapeutics Market

Market Study on Human Immunodeficiency Virus Therapeutics: Analysing Human Immunodeficiency Virus Therapeutics Within the Medical Industry, PMR Foresees Various Opportunities for Human Immunodeficiency Virus Therapeutics Manufacturers on the Horizon!

A Detailed Analysis of the Human Immunodeficiency Virus Therapeutics Market Based on a Growing Focus on the Medical Sector, Product Regulations, and Improvements in Technology

Industry: Healthcare

Published Date: January-2024

Format: PPT*, PDF, EXCEL

Delivery Timelines: Contact Sales

Number of Pages: 210

Report ID: PMRREP33904

Report Price

$ 4900*

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Human Immunodeficiency Virus Therapeutics Market

The global Human Immunodeficiency Virus Therapeutics market is forecast to expand at a CAGR of 1.9% and thereby increase from a value of US$10.65 Bn in 2023 to US$12.12 Bn by the end of 2030.

Attributes

Key Insights

Human Immunodeficiency Virus Therapeutics Market Size (2023E)

US$10.65 Bn 

Projected Market Value (2030F)

US$12.12 Bn 

Global Market Growth Rate (CAGR 2023 to 2030)

1.9%

Historical Market Growth Rate (CAGR 2018 to 2022)

1.3%

Revenue Share of Top Four Countries (2022E)

45%

Market Introduction and Definition

Therapeutics for the Human Immunodeficiency Virus (HIV) encompass pharmaceutical interventions specifically formulated to control and treat infections induced by the retrovirus HIV, which induces Acquired Immunodeficiency Syndrome (AIDS) by targeting the immune system. Antiretroviral medications comprise the therapeutic landscape. Their primary objectives are to inhibit viral replication, enhance immune function, and improve the general quality of life for individuals who are living with HIV. These medications are of the utmost importance in mitigating the progression of the disease, decreasing the viral burden, and enhancing the overall quality of life for individuals living with HIV.

Several factors influence the global HIV therapeutics market, including advances in antiretroviral drug development, rising treatment awareness and accessibility, and an increasing global prevalence of HIV/AIDS. Patient adherence has been improved through the introduction of more effective and tolerable medications, which are the result of technological advancements and field research. Furthermore, market growth is bolstered by the efforts of governmental bodies and non-profit organizations to broaden the scope of HIV testing and treatment programs. Moreover, an increasing worldwide emphasis on eradicating HIV transmission and enhancing healthcare infrastructure in developing areas contributes to the growth of the HIV therapeutics industry.

Market Growth Drivers

Ongoing Progress and Novel Developments in the Development of Antiretroviral Drugs

Ongoing progress and novel developments in the development of antiretroviral drugs substantially drive the exponential expansion of the worldwide HIV therapeutics market. In the ever-changing realm of pharmaceutical research, the development and effectiveness of medications intended for the management and treatment of HIV/AIDS have undergone a significant transformation. Antiretroviral therapy (ART) has been a fundamental component in the global battle against HIV; continuous scientific investigations strive to improve the drugs' efficacy, toleration, and availability.

Over the past few years, significant advancements have been made in the creation of innovative antiretroviral medications that tackle issues such as drug resistance, adverse effects, and administration protocols. Efforts are being made by scientists to develop drugs with enhanced bioavailability, prolonged half-lives, and decreased toxicity to increase treatment adherence and decrease the likelihood of resistance. A noteworthy advancement pertains to the creation of integrase inhibitors, which are a category of antiretroviral medications designed to obstruct the integration of viral DNA into the genome of the host cell by selectively targeting the viral integrase enzyme. Viral replication suppression has been remarkably facilitated by this class of medications, which also have a favorable profile of adverse effects.

Ongoing Difficulty of Guaranteeing Fair and Equal Access to Treatment

A consistent obstacle that affects the worldwide market for HIV therapeutics is the ongoing difficulty of guaranteeing fair and equal access to treatment, specifically in nations classified as low- and middle-income. Notwithstanding substantial advancements in the development of antiretroviral drugs, there continues to be an inconsistent distribution of these medications in terms of availability and affordability on a global scale. Insufficient resources, inadequate healthcare infrastructure, and socio-economic disparities impede the availability of life-saving HIV therapies in numerous regions. Access to treatment is significantly hindered by the exorbitant expense of antiretroviral medications, particularly in nations with constrained healthcare budgets. The imposition of patent protection and the exclusivity of specific medications serve to prolong periods of elevated prices, thereby impeding the accessibility of generic alternatives that are more economically viable. Health disparities are exacerbated as a result of this economic barrier, which precludes a significant number of people from obtaining necessary treatments.

Market Restraints

Drug Resistance

The global market for HIV therapeutics is confronted with a formidable obstacle in the form of drug resistance. Resistance to human immunodeficiency virus (HIV) strains have developed as a result of the protracted use of antiretroviral therapies (ART), posing a substantial barrier to effective treatment. Drug resistance is a consequence of viral mutations that diminish the efficacy of specific antiretroviral medications in preventing viral replication. The perpetual development of HIV and its capacity to acclimate to antiretroviral medications require sustained investigation and progress to establish novel therapeutic alternatives. The primary difficulty is maintaining an edge over the ever-evolving virus and resolving patterns of resistance that may differ geographically and temporally.

 

Opportunities

Growing Focus on Collaborative Endeavors and Public-Private Partnerships

An opportunistic factor propelling the worldwide HIV therapeutics market is the growing focus on collaborative endeavors and public-private partnerships as a means to tackle the complex challenges linked to HIV/AIDS. In light of the epidemic's intricate characteristics and the imperative for all-encompassing resolutions, collaborative efforts have intensified among governments, pharmaceutical corporations, non-profit entities, and international organizations. By capitalizing on the distinct capabilities of each sector, these partnerships promote innovation, increase treatment accessibility, and contribute to the overall progression of HIV therapeutics.

Research and development are significantly aided by public-private partnerships, which facilitate the discovery and manufacture of novel antiretroviral medications. These partnerships expedite the development of innovative therapies by leveraging the global reach and public health emphasis of governmental and non-profit organizations in conjunction with the resources and expertise of pharmaceutical companies. Collaborations frequently involve agreements for technology transfer, collaborative funding, and the exchange of knowledge; these elements facilitate a more streamlined and effective drug development process. Consequently, the market derives advantages from a wide array of pharmaceuticals that tackle ever-changing obstacles, including drug resistance and the demand for streamlined treatment protocols.

Analyst’s Viewpoint

The worldwide market for HIV therapeutics is positioned for substantial expansion due to a convergence of factors that collectively contribute to its growth. A key factor propelling progress is the ongoing development of antiretroviral medications, which prioritizes innovation and the creation of treatment alternatives that are both more efficacious and tolerable. Progress in pharmaceutical classes, exemplified by Entry and Fusion Inhibitors (ENFIs) and Non-Nucleoside Reverse Transcriptase Inhibitors (NNRTIs), demonstrates the industry's dedication to tackling issues such as drug resistance and enhancing patient compliance. The interplay between manufacturers and consumers significantly influences the dynamics of the market. Pharmaceutical enterprises, propelled by a confluence of market competition and scientific progress, endeavor to introduce innovative therapeutic interventions. Collaborations, such as those between the public and private sectors, facilitate the availability of these medications, thereby cultivating a symbiotic association. Furthermore, the prioritization of research and development not only results in the development of novel pharmaceuticals but also enables the production of more cost-effective generic substitutes, thereby fostering extensive availability of HIV therapeutics. Concerning the future, it is anticipated that there will be a transition in the market towards personalized medicine and targeted therapies. As the industry gains a more comprehensive understanding of the genetic and immunological determinants that impact the progression of HIV, it will probably investigate personalized treatment strategies for each patient, thereby maximizing effectiveness while minimizing adverse effects.

Moreover, the incorporation of telemedicine and digital health technologies into the administration of HIV is positioned to improve patient care, treatment adherence, and monitoring. The future of the global HIV therapeutics market is inextricably linked to ongoing, comprehensive efforts to combat the HIV/AIDS epidemic. This encompasses not only progress in pharmaceutical research and development, but also a comprehensive approach that incorporates community engagement, education, and preventative measures. In general, the trajectory of the market is indicative of a dynamic interaction among industry collaboration, scientific innovation, and global health initiatives. This interplay is driven by the shared objective of enhancing the quality of life for those who are living with HIV and preventing the global transmission of the virus.

Supply-side Dynamics

Prominent companies including Johnson & Johnson, ViiV Healthcare, and Gilead Sciences are an integral part of the worldwide HIV therapeutics market. These corporations have positioned themselves as significant market participants, at the forefront of antiretroviral drug development and distribution. Prominent in the adoption and utilization of the market is the United States, owing to its well-developed healthcare infrastructure and significant investments in research and development. Western European countries, such as Germany and the United Kingdom, are also significant market users. As an illustration, the United States has experienced substantial implementation of pre-exposure prophylaxis (PrEP) initiatives, which involve the widespread use of Gilead Sciences' Truvada and Descovy medications to prevent the spread of HIV among high-risk populations.

Prominent entities are proactively influencing the market environment using strategic alliances, discoveries in research, and the implementation of groundbreaking treatments. Gilead Sciences, a renowned manufacturer of antiretroviral drugs, has been instrumental in the development of revolutionary drugs such as Biktarvy and the promotion of alliances for global access initiatives. ViiV Healthcare, a collaborative enterprise comprising GlaxoSmithKline, Pfizer, and Shionogi, is making a market contribution by introducing long-acting formulations such as Cabenuva, which provide innovative alternatives to promote treatment adherence. Johnson & Johnson, through its diversified healthcare portfolio, is making a research and development investment in HIV therapeutics, thereby guaranteeing an ongoing supply of innovative treatment alternatives. In addition to prioritizing drug development, these market leaders are actively engaged in international endeavors aimed at increasing accessibility to HIV therapeutics, thereby reinforcing their sway over the industry.

Market Segmentation

What Drug Type Will Be Targeted the Most for Installations?

Branded Pharmaceutical Drugs to Sell Rapidly owing to their Innovative Attributes

It is anticipated that the branded pharmaceuticals sector will hold the most substantial portion of the worldwide HIV therapeutics industry. Branded drugs, frequently the first formulations introduced to the market, are distinguished by their innovative attributes and substantial contributions to overall revenue attributable to pharmaceutical companies' research investments. Consequently, they command comparatively higher prices. The segment devoted to generic medications, on the other hand, is projected to expand the most rapidly. As certain branded HIV drugs' patents expire, it is anticipated that the market for generic alternatives will expand at a rapid rate. Generic pharmaceuticals provide economically viable substitutes, thereby facilitating wider availability and affordability, especially in areas where HIV/AIDS is prevalent in high numbers. Enhanced generic competition contributes to this expansion by stimulating innovation and reducing costs to satisfy the rising global demand for HIV therapeutics.

Which Drug to Be Focused on the Most Regarding Sales?

Non-Nucleoside Reverse Transcriptase Inhibitors to Accommodate the Major Market Share Owing to their Class of Antiretroviral Properties

In the global HIV therapeutics market, the Non-Nucleoside Reverse Transcriptase Inhibitors (NNRTIs) segment is anticipated to hold the largest market share. Non-steroidal antiretroviral drugs (NNRTIs), which belong to a class of antiretroviral medications, are frequently prescribed in HIV treatment protocols owing to their favorable side-effect profile and efficacy in impeding viral replication. It is anticipated that the Entry and Fusion Inhibitors sector will expand the most rapidly. As drug development continues to progress, Entry and Fusion Inhibitors (EFIs) emerge as a novel strategy by selectively targeting distinct phases of the viral life cycle. Ongoing research and the introduction of novel inhibitors that show promise in suppressing HIV, particularly in cases where resistance to other drug classes may exist, fuel the expansion of this market segment. The rapid expansion of the HIV therapeutic market can be attributed to increased emphasis and investment in the development of Entry and Fusion Inhibitors that are more efficacious, which is a result of the dynamic nature of the HIV therapeutic landscape.

Top Regional Markets

Why is North America Emerging as a Dominating Region?

Robust Research and Development Environment and a Well-Established Regulatory Frameworks to Promote Growth

It is expected that North America will hold the largest market share in the worldwide HIV therapeutics industry. Several factors contribute to this prominence, including a robust research and development environment, well-established regulatory frameworks, sophisticated healthcare infrastructure, and high levels of awareness. The area is host to eminent research institutions and pharmaceutical companies committed to the treatment of HIV/AIDS, which promotes rapid integration of new therapies into clinical practice and innovation. Furthermore, substantial investments in HIV prevention and treatment initiatives, in conjunction with the proactive stance taken by healthcare systems in North America, serve to facilitate the extensive accessibility and acceptance of sophisticated antiretroviral therapies. North America's dominant position in the global market is further reinforced by the affordability and accessibility of HIV therapeutics, which are facilitated in part by the region's robust economic conditions.

What Opportunities Lie in South Asia and the Pacific for Manufacturers?

Elevated Incidence of HIV/AIDS in Certain Nations to Generate Revenue

It is anticipated that South Asia and the Pacific will witness the most rapid expansion of the worldwide HIV therapeutics market. This forecast is subject to the influence of various factors, such as the elevated incidence of HIV/AIDS in certain nations in the area, expanding public consciousness, bolstering healthcare infrastructure, and escalating governmental endeavors. With South Asian and Pacific nations emphasizing fortifying their healthcare systems and broadening treatment accessibility, a substantial opportunity for market expansion emerges. Furthermore, the region's proactive approach to tackling the HIV/AIDS pandemic is enhanced through partnerships with global organizations and pharmaceutical corporations, as well as the creation of economically viable treatments. Given the ever-changing demographic and epidemiological conditions in South Asia & Pacific, coupled with deliberate endeavors to enhance healthcare provision, this area assumes a pivotal role in the worldwide battle against HIV and is anticipated to experience significant expansion in the years to come.

Competitive Intelligence and Business Strategy

Prominent companies in the worldwide HIV therapeutics industry, including Johnson & Johnson, ViiV Healthcare, and Gilead Sciences, utilize all-encompassing approaches to attain and sustain their utmost market presence. These organizations strategically concentrate on various critical domains to establish their supremacy within the competitive sphere.

To begin, the foundation of their market strategy is research and development (R&D). These major players consistently allocate significant resources toward the development of novel antiretroviral medications to tackle emergent obstacles in HIV treatment, including the reduction of adverse effects and drug resistance. The introduction of innovative drug classes and formulations, such as the integrase inhibitors developed by Gilead Sciences and the long-acting therapies introduced by ViiV Healthcare, not only enhances the effectiveness of treatment but also establishes a competitive advantage that appeals to both healthcare practitioners and patients. Furthermore, to achieve global market penetration, these dominant companies ensure that their products are readily available and easily accessible in strategic regions. This involves securing approvals for their medications, navigating complex regulatory landscapes, and developing alliances with healthcare providers to improve distribution networks. As an illustration, Gilead Sciences has actively engaged in partnerships for generic manufacturing and licensing agreements to expand access to its pharmaceuticals in regions where HIV is prevalent.

Key Recent Developments

New Notice

In August 2022, Gilead made public the information regarding the European Commission's (EC) decision to grant initial global regulatory authorization for Sunlenca (Lenacapavir) tablets and injections. This authorization was issued in conjunction with other antiretroviral agents for the treatment of HIV infection in patients with multidrug-resistant HIV infection.

Market Impact: The European Commission's August 2022 disclosure by Gilead of the preliminary global regulatory authorization for Sunlenca (Lenacapavir) injections and tablets represents a noteworthy advancement in the global market for HIV therapeutics. The introduction of Sunlenca as an approved therapeutic option, specifically designed for the treatment of individuals with multidrug-resistant HIV infection, effectively responds to a significant gap in the field of HIV management. This progression enhances the repertoire of treatment options, which may result in more efficacious resolutions for patients confronted with obstacles associated with drug resistance; thus, it contributes to the worldwide enhancement of HIV treatment alternatives.

Human Immunodeficiency Virus Therapeutics Market Report Scope

Attribute

Details

Forecast Period

2023 to 2030

Historical Data Available for

2018 to 2022

Market Analysis

US$ Million for Value

Key Regions Covered

  • North America
  • Latin America
  • Europe
  • South Asia & Pacific
  • East Asia
  • The Middle East & Africa  

Key Countries Covered

  • United States
  • Canada
  • Germany
  • United Kingdom
  • France
  • Italy
  • Spain
  • Russia
  • China
  • Japan
  • South Korea
  • India
  • Thailand
  • Malaysia
  • Indonesia
  • Australia
  • New Zealand
  • GCC Countries
  • South Africa  

Key Market Segments Covered

  • Drug Type
  • Drug
  • Region

Key Companies Profiled

  • AbbVie Inc.
  • Boehringer Ingelheim International GmbH
  • Bristol-Myers Squibb Company
  • Cipla Inc.
  • Genentech, Inc.
  • Gilead Sciences, Inc.
  • Merck & Co., Inc.
  • ViiV Healthcare

Report Coverage

  • Market Forecast
  • Company Share Analysis
  • Competition Intelligence
  • DROT Analysis
  • Market Dynamics and Challenges
  • Strategic Growth Initiatives  

Customization & Pricing

Available upon request

Human Immunodeficiency Virus Therapeutics Market Research Segmentation

By Drug Type:

  • Branded Drugs
  • Generic Drugs

By Drug:

  • Nucleoside-Analog Reverse Transcriptase Inhibitors (NRTIs)
  • Non-nucleoside reverse Transcriptase Inhibitors (NNRTIs)
  • Entry and Fusion Inhibitors
  • Others

By Region:

  • North America
  • Europe
  • East Asia
  • South Asia & Oceania
  • Latin America
  • Middle East & Africa

To know more about delivery timeline for this report Contact Sales

Companies Covered in This Report

  • AbbVie Inc.
  • Boehringer Ingelheim International GmbH
  • Bristol-Myers Squibb Company
  • Cipla Inc.
  • Genentech, Inc.
  • Gilead Sciences, Inc.
  • Merck & Co., Inc.
  • ViiV Healthcare

Frequently Asked Questions

The market is anticipated to grow at a CAGR of 1.9% during the projected period.

The Human Immunodeficiency Virus Therapeutics market was valued at USD 10,650.0 million in 2023.

The United States held the largest market share in 2023.

The prominent players in the market are AbbVie Inc., Boehringer Ingelheim International GmbH, and Bristol-Myers Squibb Company, among others.

The entry and fusion inhibitors segment is expected to grow at the fastest growth during the forecast period.

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