The Global Rilpivirine Market size is projected to reach USD 1.3 billion by 2028. The increasing prevalence of HIV and AIDS patients is driving the demand for rilpivirine which is an antiretroviral drug that inhibits reverse transcriptase enzyme (RT) in order to prevent viral replication. Rilpivirine has shown efficacy against HIV-1 infection with about 95% resistance rate among adults and 98% among children who were treated with it during the acute or primary infection phase.
Rilpivirine is an oral tablet medication that interferes with the replication of the human immunodeficiency virus (HIV) by blocking the reverse transcriptase enzyme required for viral reproduction. It belongs to non-nucleosides class antiretroviral agents i.e., it inhibits transcriptional activity of HIV RNA which results in inhibition on production or release of AIDS viruses.
On the basis of Types, the market is segmented into Self-production API, Outsourcing of API.
Self-production API is a process by which the drug company manufactures Rilpivirine APIs in its own production facility. This reduces costs and time spent on developing new formulations as well as testing them while allowing for flexibility of scale to support internal demand.
Outsourcing of API refers to the process when pharmaceutical companies outsource their manufacturing activities, such as manufacturing APIs. It is also called Contract Manufacturing Organizations (CMOs) or drug outsourcing.
On the basis of Application, the market is segmented into Hospitals, Clinics, and Drug Center.
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The North American market is expected to dominate the global rilpivirine market in terms of value. The growth of this regional segment is attributed to ongoing efforts by key players towards drug development, and growing demand for a product that does not cause resistance or has low side effects among patients globally.
The APAC region offers immense potential for Rilpivirine manufacturers because of its robust healthcare industry which focuses on improving patient access through government initiatives such as National Medical Drug Reimbursement Policy, Universal Coverage Health Insurance Schemes, etc. Additionally, increasing the geriatric population base would further fuel the need for better treatment options with lower risk factors.
The key driving factors for the growth of this market are the increasing number of patients suffering from HIV, the need to avoid healthcare costs and the growing prevalence of drug-resistant viruses. Rising demand for rilpivirine hydrochloride in emerging countries is also creating opportunities for the growth of this market.
Up Market Research published a new report titled “Rilpivirine Market research report which is segmented by Types (Self-production API, Outsourcing of API), By Applications (Hospital, Clinic, Drug Center, Other), By Players/Companies Janssen Cilag International, Gilead Sciences , ViiV Healthcare, Strides Pharma Science Limited, Pharmacare Limited, Aspen”.
Report Attributes | Report Details |
Report Title | Rilpivirine Market Research Report |
By Type | Self-production API, Outsourcing of API |
By Application | Hospital, Clinic, Drug Center, Other |
By Companies | Janssen Cilag International, Gilead Sciences , ViiV Healthcare, Strides Pharma Science Limited, Pharmacare Limited, Aspen |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 246 |
Number of Tables & Figures | 173 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Self-production API, Outsourcing of API and By Application Hospital, Clinic, Drug Center, Other.
Some of the companies that are profiled in this report are:
Rilpivirine Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Rilpivirine Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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