HIV Therapeutics aiding the fight against AIDS02 Apr 2018
Latin America HIV Therapeutics Market by Type (Nucleoside/tide reverse transcriptase inhibitors or nucleoside/tide analogues, Non-nucleoside reverse transcriptase inhibitors, Protease inhibitors, Integrase [strand transfer]
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Market Underlying Factors
The market is driven by the rising number of cases of infections of HIV, advancements in the diagnosis of HIV and therapeutics, advancement in the development of immunizations of HIV and not being able to identify the transmission of the infection of HIV. Further, the increasing awareness of the accessibility of drug in the HIV therapeutics market combined with the cost-effective sedative treatments for HIV are the other driving forces of the market.
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Brazil accounted for the largest share of the Latin America HIV Therapeutics market in 2017, followed by Mexico. The large share of the Latin America HIV Therapeutics market in Brazil can be attributed to the rising population and adaptation of the application of HIV Therapeutics. Mexico holds the second major market for Latin America HIV Therapeutics. Argentina is estimated to represent strong potential market growth in the Latin America HIV Therapeutics market due to rapid technological advancements.
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The various players in the Latin America HIV Therapeutics market include Gilead Sciences, Bristol-Myers Squibb Company, AbbVie Inc., Merck and Co., and Boehringer Ingelheim GmbH.
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