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How Will the Sotrovimab Or Xevudy Market Grow Over the Forecast Period Based on Its Expected CAGR?

In recent times, there has been a considerable Compound Annual Growth Rate (HCAGR) in the sotrovimab or xevudy industry, marked by an increase from a worth of $XX million in 2024 to $XX million in 2025, signaling an Compound Annual Growth Rate (CAGR) of XX%. This positive shift in the historic period can be ascribed to several factors including, but not limited to, the widespread prevalence of COVID-19, a surge in the requirement for effective monoclonal antibody treatments, amplified awareness concerning the care of high-risk patients, an increase in governmental funding, and a rise in partnerships among pharmaceutical corporations.

Projected developments forecast that the sotrovimab or xevudy market will experience a significant growth rate of XX% (FCAGR). By the year 2029, the market valuation is predicted to hit a staggering $XX million with an increased Compound Annual Growth Rate (CAGR) of XX%. This growth anticipation is significantly based on a number of factors such as the rise in newly detected COVID-19 variants, a concentrated effort towards monoclonal antibody therapies, broader healthcare accessibility in developing regions, robust governmental backing for pandemic readiness, and the escalating reach of telehealth services for treatment. Future trends that will shape this market include advancements in vaccine manufacturing technologies, formulation innovations, the inclusion of telehealth, strides in antibody production technologies, and breakthroughs in antibody engineering.

Which Drivers Are Expected to Have the Greatest Impact on the Sotrovimab Or Xevudy Market’s Growth?

An increase in COVID-19 cases is predicted to propel the growth of the sotrovimab or xevudy market. COVID-19, the illness caused by the SARS-CoV-2 virus, is transmitted via respiratory droplets and can result in symptoms ranging from a mild fever to severe respiratory difficulties. It can be curbed by vaccination and strict hygiene measures. Factors such as emerging variants, waning immunity, relaxed restrictions, seasonal indoor activities, and inequitable vaccine distribution contribute to the surge in COVID-19 cases. Sotrovimab is used to treat patients at high risk for COVID-19 by neutralising the virus early on and averting severe consequences such as hospitalisation or death. For instance, the Office for National Statistics, a UK government department responsible for official statistics, published a report in March 2023 stating that an estimated 1.9 million people (2.9% of the population) in the UK reported they had COVID. Most (92%) of these individuals contracted COVID-19 more than 12 weeks prior, with 69% symptomatic for over a year and 41% for more than two years. Therefore, the increasing prevalence of COVID-19 cases is set to bolster the sotrovimab or xevudy market.

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Who Are the Dominant Players Expanding Their Reach in the Sotrovimab Or Xevudy Market?

Major companies operating in the sotrovimab or xevudy market are GSK plc; Vir Biotechnology Inc.

What Are the Top Trends Shaping the Evolution of the Sotrovimab Or Xevudy Market?

A key trend shaping the Sotrovimab or Xevudy market is the emphasis on making strategic investments to enhance research and development, increase production capacities, and better access to the drug. These alliances are critical to hasten the process of distribution and ensure wider distribution, particularly in regions with high demand. For example, in January 2022, UK-based pharmaceutical firm GSK plc formed an alliance with Vir Biotechnology Inc., an American biotech company. They jointly announced a substantial contract with the US government for procuring additional Sotrovimab supplies, a monoclonal antibody authorized for the initial treatment of COVID-19. This agreement underscores the continuous demand for efficacious therapies as the pandemic persists. Sotrovimab is designed specifically for adults and teenagers who have a high likelihood of developing severe COVID-19, therefore serving as a crucial alternative for those not needing oxygen supplementation. This recent partnership signifies the comprehensive strategy of GSK and Vir to make Sotrovimab available to all as new virus variants continue to arise.

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Which Market Segments Are Driving Strategic Growth and Trends in the Sotrovimab Or Xevudy Market?

The sotrovimab or xevudy market covered in this report is segmented –

1) By Indication: COVID-19 Early Treatment; Post-Exposure Prophylaxis

2) By Distribution Channel: Hospital Pharmacies; Retail Pharmacies; Online Pharmacies

3) By End User: Pediatric; Adult; Geriatric

Which Regions Are Setting the Pace for Sotrovimab Or Xevudy Market Growth?

North America was the largest region in the sotrovimab or xevudy market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the sotrovimab or xevudy market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

How Is the Sotrovimab Or Xevudy Market Defined Across Different Regions?

Sotrovimab (Xevudy) is a monoclonal antibody treatment developed for the management of COVID-19. It is specifically designed to target the SARS-CoV-2 spike protein, preventing the virus from entering and infecting human cells. Sotrovimab is used for treating mild-to-moderate COVID-19 in patients at high risk of progressing to severe illness, offering an effective therapeutic option in early-stage infections.

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