Pune, June 08, Jun 08, 2020 (GLOBE NEWSWIRE via COMTEX) -- The global HIV Drugs Market is likely to derive growth form the increasing prevalence of the disease across the world. According to a report published by Fortune Business Insights, titled "HIV Drugs Market: Global Market Analysis, Insights and Forecast, 2019-2026," the market was valued at US$ 25,314.0 Mn in 2018. Fortune Business Insights has predicted that the market will reach US$ 40,675.0 Mn by 2026, thereby exhibiting a CAGR of 6.1% in the forecast period
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The increasing awareness regarding the severity of HIV AIDS as created a huge emphasis on several drugs, related to the treatment of this disease. The side effects of HIV/AIDS have led to several drug innovations, particularly aimed at efficient treatment of patients with advanced stages of the disease. The report encompasses several factors that have contributed to the growth of the global market in recent years. Besides growth stimulators, the report highlights a few of the factors that have restrained market growth in recent years.
An Overview of the Impact of COVID-19 on this Market:
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Increasing Drug Approvals Will Enable Market Growth
The increasing emphasis on the research and development of HIV/AIDS drugs has led to several drug...