The APAC HIV therapeutics market is expected to reach $3.95 Bn by 2030, up from $2.89 Bn in 2022, with a CAGR of 3.97% from 2022 to 2030. APAC players such as Cipla Limited, Sino Biopharmaceutical, United Laboratories and Gilead Sciences dominate the APAC HIV therapeutics market. The APAC government policies, funding, poverty and initiatives by international organizations to manage HIV infections propel the market. The APAC HIV therapeutics market is divided into four segments: type, product, geography, end user, and distribution channel.
Asia and the Pacific have made significant strides in combating the world's largest regional epidemic outside of Sub-Saharan Africa. The APAC HIV therapeutics market is expected to reach $3.95 Bn by 2030, up from $2.89 Bn in 2022, with a 3.97 % CAGR between 2022 and 2030.
In 2021, there will be 6 Mn HIV-positive people in Asia and the Pacific, with the effects disproportionately affecting the most marginalized communities. The region continues to improve testing, diagnosis, and treatment coverage, as well as viral suppression rates among those who have been treated. International organizations such as the Joint United Nations Programme on HIV/AIDS (UNAIDS) and the World Health Organization work to increase access to HIV medications in the Asia Pacific region (WHO).
By 2021, 76 % of people living with HIV were aware of their HIV status, and 86 % of those who were aware of their HIV-positive status were receiving treatment (66 % of all people living with HIV). Of those on treatment, 91 % had suppressed viral loads, equating to 60 % of all HIV patients being virally suppressed. Accelerating service integration, prioritizing responses for key populations (including young key populations), mainstreaming and scaling up innovations, keeping communities at the centre of the response, implementing legal and policy reforms, and laying the groundwork for long-term response financing are key priorities for Asia and the Pacific.
Market Growth Drivers Analysis
By 2021, 76 % of people living with HIV were aware of their HIV status, and 86 % of those who were aware of their HIV-positive status were receiving treatment (66 % of all people living with HIV). A number of initiatives and organisations have been established in the APAC region to support HIV treatment and care. The Asia Pacific Network of People Living with HIV/AIDS (APN+), for example, is a regional network that advocates for the rights and needs of people living with HIV and provides support and resources to community-based HIV-related organisations.
Total HIV resources in Asia and the Pacific have increased by 30% since 2010. Domestic resources have increased 2.3 times since 2010, while external resources from the United States government and other donor governments have decreased by 30% and 74%, respectively. During the last decade, the Global Fund to Fight AIDS, Tuberculosis, and Malaria (the Global Fund) increased its regional resources by 20%. These factors may entice new players to enter the APAC HIV therapeutics market.
Market Restraint
Innovative approaches, such as oral pre-exposure prophylaxis (PrEP), HIV self-testing, and virtual interventions, are being introduced across the region, but increased efforts are now required to bring these approaches to scale in order to address the region's large gaps in service coverage among key populations. These factors could discourage new entrants into the APAC HIV therapeutics market.
Key Players
December 2022: Indian pharmaceutical companies will supply drugs to Saudi Arabia for conditions such as AIDS, tuberculosis, hypertension, infectious diseases, bacterial infections, and mental illness, among others. These critical therapeutic areas were included in the list of 300 life-saving drugs shared by the Saudi Food and Drugs Authority (SFDA), Kingdom of Saudi Arabia, with the Indian Drug Manufacturers Association (IDMA). The latter has invited Indian firms to supply drugs based on local demand.
September 2022: Thailand has ambitious plans to end new HIV infections by 2030, and as part of those plans, an online programme to improve public access to HIV testing and HIV/AIDS treatment is being launched. The National Health Security Office (NHSO) has budgeted $120 Mn for the fiscal year 2023 project. The programme will provide free HIV screening tests, consultation, treatment, and related laboratory testing to people living with HIV/Aids in order to provide them with the ongoing care they require.
December 2020: According to a statement from Gilead Sciences, the China National Medical Products Administration (NMPA) has approved Truvada for pre-exposure prophylaxis. Truvada for PrEP is recommended in China in conjunction with safer sex practices to reduce the risk of contracting HIV through sexual contact.
The regulatory landscape for HIV therapeutics in the Asia Pacific region varies by country and region. The China National Medical Products Administration (NMPA) is in charge of regulating drug approval and use in China, including HIV medications. Pharmaceuticals and Medical Devices Agency (PMDA) regulates drug approval and use in Japan, including HIV medications. The Therapeutic Goods Administration (TGA) regulates the approval and use of drugs in Australia, including HIV medications. The Pharmaceutical and Food Safety Bureau (PFSB) regulates the approval and use of drugs in Japan, including HIV medications. Each country's Food and Drug Administration (FDA): Each country in the Asia Pacific region has its own FDA, which is in charge of regulating the approval and use of drugs, including HIV medications.
The reimbursement of HIV therapeutics in the Asia Pacific (APAC) region varies across different countries, and there are often significant disparities in access to treatment and care. National health insurance schemes in some countries in the region, such as Australia, Japan, and South Korea, cover HIV treatment, including antiretroviral therapy (ART) and other medications used to manage HIV-related conditions. These programmes are frequently funded by the government, as well as contributions from employers and employees in some cases.
The Joint United Nations Programme on HIV/AIDS (UNAIDS) has set a target of ending the Asia Pacific AIDS epidemic by 2030 through a combination of prevention, treatment, and care efforts. This includes expanding HIV testing and counselling services, addressing stigma and discrimination, and strengthening community-based responses to the epidemic.
1. Executive Summary
1.1 Disease Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Patient Journey
1.6 Health Insurance Coverage in Country
1.7 Active Pharmaceutical Ingredient (API)
1.8 Recent Developments in the Country
2. Market Size and Forecasting
2.1 Epidemiology of Disease
2.2 Market Size (With Excel & Methodology)
2.3 Market Segmentation (Check all Segments in Segmentation Section)
3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints
4. Competitive Landscape
4.1 Major Market Share
4.2 Key Company Profile (Check all Companies in the Summary Section)
4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)
5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Diagnosis
5.3 Reimbursement Process for Treatment
6. Methodology and Scope
By Types (Revenue, USD Billion):
By Distribution Channel (Revenue, USD Billion):
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