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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
HIV Drugs Market: Competitor Landscape
In February 2022, ViiV Healthcare , the global specialist HIV company, announced the US Food and Drug Administration (FDA) approval for Cabenuva (cabotegravir, rilpivirine) for every two months dosing for the treatment of HIV-1 in virologically suppressed adults. The drug constitutes an extended-release injectable suspension in a single vial dose, making it suitable for easy administration. The approval was based on the positive results from ATLAS-2M phase IIIb trial.
The key features of the HIV drugs market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:
- ViiV Healthcare Group of Companies
- Gilead Sciences, Inc.
- GSK Plc.
- Merck & Co., Inc.
- Bristol-Myers Squibb Company
- Johnson & Johnson Services, Inc.
- Boehringer Ingelheim International GmbH
- AbbVie Inc.
- Genentech, Inc.
- Mylan N.V.
- CytoDyn Inc.
- Daichii Sankyo Company, Limited
- Pfizer Inc.
- Shantou Huatai Pharmaceutical Co., Ltd.
- Shengzhen Chongway Biotechnology Co., Ltd
Please note that this only represents a partial list of companies, and the complete list has been provided in the report.
HIV Drugs Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market attained a value of about USD 33.54 billion in 2023 driven by increasing awareness of HIV across the major markets.
The market is anticipated to grow at a CAGR of 4.5% during the forecast period of 2024-2032 and is likely to reach a market value of USD 49.85 billion by 2032.
Factors such as the rising incidence of HIV among people, government initiatives, increasing available treatments in the market, and new developments by market players are major factors aiding market demand.
The surge in FDA approvals to provide effective solutions to the patients is a major market trend. In October 2023, Gilead Sciences, Inc. revealed that Sunlenca® (lenacapavir), their latest drug was well supported to treat multi-drug resistant (MDR) HIV in adults
Drug classes for HIV drugs include multi-class combination drugs, nucleoside reverse transcriptase inhibitors (NRTIs), non-nucleoside reverse transcriptase inhibitors (NNRTIs), protease inhibitors (Pls), entry inhibitors, and HIV integrase strand transfer inhibitors, among others.
Distribution channels include hospitals pharmacies, drug stores, retail pharmacies, and online pharmacies, among others.
End users in the market include hospitals, and clinics, among others.
The major markets include the United States, EU-4, the United Kingdom, Japan, and China.
Key players involved in the market are Gilead Sciences, Inc., GSK Plc., Merck & Co., Inc., Bristol-Myers Squibb Company, Johnson & Johnson Services, Inc., Boehringer Ingelheim International GmbH, AbbVie Inc., Genentech, Inc., Mylan N.V., CytoDyn Inc., Daichii Sankyo Company, Limited, Pfizer Inc., Shantou Huatai Pharmaceutical Co., Ltd., Shengzhen Chongway Biotechnology Co., Ltd, and ViiV Healthcare Group of Companies.
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