HIV Drugs Market Size, Share, Growth Analysis, By Medication Class(Multi-Class Combination Drugs (Atripla, Complera, Prezcobix, Stribild), By Distribution Channel(Hospital Pharmacies, Drugs stores and retail pharmacies, Online pharmacies), By Region - Industry Forecast 2024-2031

Global HIV Drugs Market size was valued at USD 31.6 billion in 2022 and is poised to grow from USD 34.57 billion in 2023 to USD 70.93 billion by 2031, growing at a CAGR of 9.4% during the forecast period (2024-2031).

HIV drug providers are expected to focus on collaborations and partnerships to widen their business scope and increase sales going forward. Teaming up with governments and public health organizations could also improve the accessibility of HIV drugs to more patients in the future. Targeting underdeveloped and developing countries is forecasted to present lucrative money-making opportunities for HIV drug providers in the long run. Gaining approvals for their novel drugs will also be a key area of interest for all market players.  'Gilead Sciences, Inc. (US) ', 'AbbVie Inc. (US) ', 'Bristol-Myers Squibb Company (US) ', 'Johnson & Johnson (US) ', 'GlaxoSmithKline plc (UK) ', 'Teva Pharmaceutical Industries Ltd. (Israel) ', 'F. Hoffmann-La Roche Ltd. (Switzerland) ', 'Merck & Co., Inc. (US) ', 'Boehringer Ingelheim International GmbH (Germany) ', 'Cipla Ltd. (India) ', 'ViiV Healthcare (UK) ', 'AstraZeneca plc (UK) ', 'Hikma Pharmaceuticals PLC (UK) ', 'Abbott Laboratories (US) ', 'Eli Lilly and Company (US) ', 'Alvogen (US) ', 'Aurobindo Pharma (India) ', 'Mundipharma (Switzerland) ', 'Sanofi S.A. (France) ', 'Novartis AG (Switzerland) ', 'Dr. Reddy's Laboratories (India) ', 'Zydus Cadila (India) ', 'Perrigo Company plc (Ireland)'

Governments and public health organizations are launching new support and awareness initiatives to help promote the treatment of HIV infections. Such programs are expected to improve accessibility to HIV drugs for patients around the world and this is expected to especially benefit people in low to middle income countries going forward.  

Dual Therapy for HIV Treatment: HIV drug companies can focus on the dual therapy trend to maximize their business scope and overcome the restraint of side effects caused by HIV drugs. Reduced toxicity and pill consumption burden are other benefits offered by dual therapy thereby making this a prominent HIV drugs market trend for all companies to focus on going forward.  

North America is estimated to emerge as the leader in terms of HIV drugs demand owing to high prevalence of HIV infections in this region. Rising awareness regarding HIV infections, presence of a developed healthcare infrastructure, and presence of key HIV drug suppliers are all contributing to the dominance of this region in terms of HIV drugs market size and volume. Canada and the United States are slated to be the most opportune markets for HIV drug providers operating in North America. High investments in medical R&D in this region also help boost the sales of HIV drugs going forward.