Global HIV Drugs Market

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 2025-2032


Report ID: SQMIG35I2310 | Region: Global | Published Date: October, 2024
Pages: 219 | Tables: 71 | Figures: 69

HIV Drugs Market News

  • In August 2023, Aurobindo Pharma Ltd., a leading Indian multinational pharmaceutical company announced the launch of its new HIV triple combination product. The company obtained a pediatric dolutegravir voluntary license to develop and supply this novel drug for children affected with HIV in around 123 low to middle income countries. 
  • In February 2022, ViiV Healthcare, a leading name in the HIV treatment market announced the approval of Cabenuva by the United States Food and Drug Administration (FDA). This approval helped the company strengthen its stance in the long-acting treatment space for  HIV-1 in virologically suppressed adults. 
  • In December 2021, the U.S. FDA announced the approval of the first injectable HIV treatment for pre-exposure prevention in at-risk adults and adolescents. Apretude was intended to reduce the risk of sexual transmission of HIV and also eliminates the need for daily pills for HIV prevention and management.  
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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. 

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Global HIV Drugs Market

Report ID: SQMIG35I2310

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