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).

Growing prevalence of HIV infections around the world are slated to bolster the sales of HIV drugs going forward. Increasing awareness regarding HIV infections and growing demand for better treatment and therapeutics for the same is also estimated to uplift the demand for HIV drugs in the future. Advancements in antiretroviral therapy (ART) for the treatment of HIV infections are also expected to play a crucial role in augmenting the global HIV drugs market outlook over the coming years. High investments in the development of better HIV treatments are also estimated to create an opportune setting for HIV drug providers going forward. Launch of new HIV awareness and prevention initiatives by governments and public health organizations is also estimated to boost the sales of HIV drugs in the long run. Rising emphasis on early testing and diagnostics for HIV infections is also expected to create new business scope for HIV drug companies through 2031 and beyond. However, side effects and toxicity in long-term treatments, issues of drug resistance, social stigma and discrimination against HIV patients, and high cost of certain drugs are some key constraints for HIV drugs demand outlook.