By 2030, it is anticipated that the Romania HIV therapeutics market will reach a value of $xx Mn from $39.9 Mn in 2022, growing at a CAGR of xx% during 2022-2030. The market is primarily dominated by local players such as Terapia, Biofarm, and Farmexim. The market is driven by government policies, funding and organizations’ initiatives for management of HIV infections in the country. The HIV therapeutics market in Romania is segmented by type, product, and geography, end user and distribution channel.
By 2030, it is anticipated that the Romania HIV therapeutics market will reach a value of $xx Mn from $39.9 Mn in 2022, growing at a CAGR of xx% during 2022-2030.
The nation of Romania is situated at the meeting point of Central and South-eastern Europe. According to the most recent WHO data, HIV/AIDS-related deaths in Romania reached 500 in 2020. With a death rate for HIV/AIDS of 1.22 per 100,000 people when adjusted for age, Romania is ranked 114 in the world.
With 19000 HIV cases in 2020, Romania's adult prevalence of HIV/AIDS was 0.2% in 2021, ranking 103rd globally. NGOs like UNOPA (the National Union of Organizations for People Affected by HIV/AIDS) provide HIV control and management in Romania. Healthcare cost Romania 6.3% of its GDP in 2019.
Market Growth Drivers
The Romanian government has taken an active role in combating the HIV epidemic and has put in place a number of programs to increase access to testing and care for people living with HIV. Additionally, there has been an increase in cooperation between the public and private sectors in Romania to support the provision of care and antiretroviral medication for people living with HIV. This can drive the market for HIV therapeutics in Romania.
Market Restraints
Despite improvements in combating the HIV epidemic, stigma and discrimination against people who have the virus continue to be major obstacles to getting tested and receiving treatment, including antiretroviral drugs. Financial limitations, such as the price of antiretroviral medications and related laboratory tests, could also restrict some Romanians living with HIV from receiving treatment.
Key Players
The National Agency for Medicines and Medical Devices (NAMMD) is the principal regulatory body in charge of monitoring the approval and control of HIV therapeutics in Romania. For use in Romania, new drugs must be evaluated and approved by the NAMMD, which is also in charge of ensuring their efficacy and safety after approval. The organization also collaborates with other governmental organizations to guarantee that patients have access to antiretroviral therapy (ART), one of the most potent HIV treatments available. The Ministry of Health and the Romanian Society for the Study of AIDS, in addition to the NAMMD, play significant roles in combating the HIV epidemic and ensuring that those living with the virus have access to effective treatments.
The National Health Insurance Fund (CNAS), the main provider of health insurance for the Romanian population, insures access to antiretroviral therapy (ART) for the treatment of HIV in that country. The cost of ART for people with HIV, including the price of medications and lab tests, is covered by the CNAS. Programs are in place to support people who might have trouble getting access to treatment, like those from marginalized communities.
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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