Dolutegravir Price In India
- India: 266,235 USD/MT
In Q1 2024, market pricing in India was driven by increased demand, positive market sentiment, and rising oil prices.
The latest report by IMARC Group, titled "Dolutegravir Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data," provides a thorough examination of the Prices. This report delves into the price of Dolutegravir globally, presenting a detailed analysis, along with informative Dolutegravir Price Chart. Through comprehensive Price analysis, the report sheds light on the key factors influencing these trend. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores the Demand, analyzing how it impacts Industry dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.
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The study delves into the factors affecting Dolutegravir price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.
The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.
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Dolutegravir Price Trend Last Quarter
The dolutegravir market is primarily driven by its efficacy and increasing adoption in the treatment of HIV. Dolutegravir, a second-generation integrase strand transfer inhibitor (INSTI), has demonstrated superior viral suppression rates compared to other antiretroviral agents, which enhances its preference among healthcare providers. The drug's potency, coupled with a high barrier to resistance and fewer drug-drug interactions, makes it an integral component of recommended first-line HIV treatment regimens globally.
Additionally, its inclusion in various national and international HIV/AIDS treatment guidelines underscores its growing market demand. The expansion of HIV treatment programs in low and middle-income countries, supported by global health initiatives and funding from organizations, such as PEPFAR and the Global Fund, further contributes to the market growth.
These programs aim to improve access to effective HIV treatments, thereby increasing the distribution and usage of dolutegravir. Moreover, ongoing clinical trials investigating dolutegravir-based regimens for various patient subgroups continue to validate its effectiveness and safety, broadening its therapeutic potential and market reach.
Dolutegravir Industry Analysis
In the first quarter of 2024, the dolutegravir market experienced significant fluctuations across North America, Asia, and Europe. In North America, after an initial rise in prices due to sustained demand and increased production capacities, a sharp decline occurred. This decline was driven by excessive stockpiling, weak downstream demand, and reduced import prospects, leading to an oversupply and subsequent price reductions.
In Asia, particularly in India, the market saw an initial surge in demand and prices due to robust downstream industry demand and festive seasons, but challenges like rising oil prices and oversupply later dampened the market sentiment. Prices eventually fell due to an oversupply created by strategic stockpiling by downstream industries, leading to price discounts at the quarter's end.
Europe mirrored this pattern, with initial price increases due to high demand and expanded production capacities, followed by price declines caused by excessive stockpiling, weakened downstream demand, and a significant drop in raw material costs, which reduced manufacturing costs. These dynamics across regions highlight a global market sensitive to shifts in supply-demand balances, influenced by both external economic factors and internal industry activities.
Regional Price Analysis:
- Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand.
- Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece.
- North America: United States and Canada.
- Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
- Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco.
Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
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