Global Nevirapine Market Overview:
Nevirapine is an anti-HIV drug that reduces the amount of virus in the body. Nevirapine market is expected to mark significant growth over forecasted period owing infected patients with HIV at the time of birth and infection through breastfeeding also. There has been significant rise in number of infected with HIV at the time birth with figure stood up to 69 000 infants out of 1.1 millions in South Africa alone in 2018, the future for requirement of Nevirapine drugs looks promising.. This result in lack of awareness among people, increasing demand of nevirapine, and intrapartum risk factors for transmission may trigger demand and help in industry expansion.
Market Drivers
- Increase in Demand of Neviraprine to Control the HIV Infections.
- Rapid Demand of Neviprine Sustains Advantages over AZT During Breast Feeding Period Fuelled the Growth of Market.
Market Trend
- The nevirapine drugs are mostly applicable in born children.
Restraints
- Side Effects Associated with Nevirapine Drugs.
- High Cost related to manufacturing of Nevirapine Drugs.
Opportunities
- Research and Development took Place to Grow the Nevirapine Market.
- Upsurge Application of Nevirapine Drugs in Developed Countries.
Challenges
- Lack of Awareness Among Developing Countries Anticipated to Challenge the Market.
Competitive Landscape:
Some of the key players profiled in the report are Exxonmobil Chemical (United States), Eastman (United States), Heyun Group (China), RuiWeng Chemical (China), Chemiway (Japan), Kolonindustries (South Korea), Aurobindo Pharma (India) and Cipla (India). Additionally, following companies can also be profiled that are part of our coverage like Mylan Laboratories Ltd (United States), Lupin (India) and Ranbaxy Laboratories Limited (India). Analyst at AdvanceMarketAnalytics see United States Players to retain maximum share of Global Nevirapine market by 2023. Considering Market by Method, the sub-segment i.e. Antiretroviral Therapy will boost the Nevirapine market.
Market Highlights:
In December 2018, Cipla recall 4,800 bottles of anti- HIV tablets for treatment of human immunodeficiency virus (HIV) which is beneficial in expansion of business in US market.
“According to Food and Drugs Administration approved drug labels may be available for nevirapine. AIDSinfo provides the following drug label solely as an example of the labels available for nevirapine. Inclusion or absence of a drug label on the AIDSinfo site does not imply endorsement or lack thereof by AIDS information. Search Drugs for FDA to access more information on nevirapine, including additional drug labels and any generic equivalents.”
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Nevirapine market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Nevirapine market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Nevirapine Manufacturers, Nevirapine Traders, End-Use Market Participants of Different Segments of Nevirapine, Government and Research Organizations, R&D Institutions and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.