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What is the Expected Growth Rate of the Antivirals Global Market Report 2024 Market from 2024 to 2033?

The antivirals market has experienced strong growth in recent years. It is expected to grow from $97.72 billion in 2023 to $105.73 billion in 2024, with a CAGR of 8.2%. Growth drivers include the prevalence of viral diseases, public health concerns, patent expirations, and government initiatives.

The antivirals market is projected to grow significantly, reaching $143.83 billion by 2028, with a CAGR of 8.0%. Growth is driven by emerging viral threats and global health initiatives. Key trends include technological advancements, telemedicine, and personalized medicine.

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What Key Factors Are Fueling the Growth of the Antivirals Global Market Report 2024 Market?

The increasing incidence of influenza is anticipated to propel the growth of the antiviral market going forward. Influenza, also called flu, is a highly contagious viral respiratory infection caused by influenza viruses that affect the nose, throat, and lungs. Antivirals are used for the treatment of influenza and are designed to inhibit the replication and spread of influenza viruses within the body. For instance, in October 2022, according to the Centers for Disease Control and Prevention, a US-based health agency, during 2021-2022 season, there were 9 million flu illnesses, 4 million flu-related medical visits, 100,000 flu-related hospitalizations, and 5,000 flu deaths. Therefore, the increasing incidence of influenza is driving the growth of the antiviral market.

What Are the Major Segments of the Antivirals Global Market Report 2024 Market?

1) By Type: Branded, Generic

2) By Drug Class: DNA Polymerase Inhibitors, Reverse Transcriptase Inhibitors, Protease Inhibitors, Neuraminidase Inhibitors, Other Drug classes

3) By Application: HIV, Hepatitis, Herpes, Influenza, Other Applications

What New Trends Are Transforming the Antivirals Global Market Report 2024 Market?

Companies in the anti-viral drug therapy market are advancing technologies to combat viral infections. Notably, Merck & Co. and Ridgeback Biotherapeutics launched the oral antiviral Molnupiravir in October 2021 to treat COVID-19. Approved by the FDA for emergency use, this drug is an orally administered nucleoside analog that inhibits SARS-CoV-2 replication.

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Which Regions Are Driving Growth in the Antivirals Global Market Report 2024 Market?

North America was the largest region in the anti-viral drug therapy market in 2023. The Middle East is expected to be the fastest-growing region in the antivirals market during the forecast period. The regions covered in the antivirals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The Antivirals Global Market Report 2024 Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the antivirals global market report 2024 market, its market share, and analyzes key competitors along with their market positions.

The Table Of Content For The Antivirals Global Market Report 2024 Market Include

1. Antivirals Global Market Report 2024 Market Executive Summary

2. Antivirals Global Market Report 2024 Market Segments

3. Antivirals Global Market Report 2024 Market Size And Template Market Growth Rate

4. Key Antivirals Global Market Report 2024 Market Trends

5. Major Antivirals Global Market Report 2024 Market Drivers

……

25. Key Mergers And Acquisitions In The Antivirals Global Market Report 2024 Market

26. Top Antivirals Global Market Report 2024 Companies

27. Antivirals Global Market Report 2024 Market Opportunities And Strategies

28. Antivirals Global Market Report 2024 Market, Conclusions And Recommendations

29. Appendix

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