The Brazil HIV Drugs Market size was valued at USD xx billion in 2019 and is expected to expand at a compound annual growth rate (CAGR) of xx% from 2019 to 2028.
Human Immunodeficiency Virus (HIV) is a virus that causes a chronic and life-threatening disease that can be transferred from one person to another through blood-to-blood and sexual contact. It damages the immune system by destroying CD-4 cells, making the body susceptible to infections and other diseases.
Brazil has implemented HIV education and prevention campaigns, including nationwide condom distribution and HIV testing, as well as prevention campaigns targeting vulnerable populations such as sex workers, injecting drug users, and men who have sex with men (MSM). However, Brazil’s National STD and AIDS Program (hereafter NAP) is best known for its controversial, highly successful treatment initiatives.
The major factors that boost the growth of the market include increase in prevalence of HIV and rise in treatment & diagnosis rate. In addition, there is escalation in government initiatives to increase awareness among people about HIV cause, symptoms, available treatment options, and the crucial role of these treatments in the control of HIV virus growth. Therefore, raising awareness through such government initiatives is expected to drive the HIV drugs market growth.