Global Abacavir Market Overview:
Abacavir (ABC) is a medication used to avoid and treat HIV/AIDS. This drug is used with other HIV medications to help control HIV infection. It helps to decrease the amount of HIV in your body so your immune system can work better. This is help to less chance of getting HIV complications (including new infections, cancer) and increases your quality of life. Abacavir goes to a class of drugs known as nucleoside reverse transcriptase inhibitors-NRTI.
Growth Drivers
- Growing Worldwide Occurrence of HIV/Aids
- Increasing Number of Blood Transfusions and Blood Donations Globally
Roadblocks
- High Cost of HIV Medicines
Opportunities
- Growth Opportunities for HIV Diagnosis in Emerging Economies
- Rising Research and Development for Early Diagnosis, Treatment, and Prevention Form HIV-AIDS
Competitive Landscape:
The Abacavir market is characterized by the presence of established global players. The market is competitive and the vendors are increasingly competing against each other based on factors such as aggressive pricing, product differentiation, capital support for a product, and distribution partnerships, and research advancements.
Some of the key players profiled in the report are GSK (United Kingdom), Aurobindo (India), Hycultec (Germany), Lupin Limited (India), Sigma-Aldrich (United States), ViiV Healthcare (United Kingdom), Cayman Chemical (United States), Mylan (United States) and TCI Chemicals (India). Analyst at AMA Research see United States Players to retain maximum share of Global Abacavir market by 2026. Considering Market by Distribution Channel, the sub-segment i.e. Hospital Pharmacy will boost the Abacavir market.
December 17, 1998, FDA granted accelerated approval for Ziagen (abacavir), Glaxo Wellcome, to treat HIV-1 in adults and children.
What Can be Explored with the Abacavir Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Abacavir Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Abacavir
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Abacavir 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 Abacavir 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 Government Regulatory Bodies, Private Research Organizations, Government Research Organizations, Industry Associations 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.