Key Trends And Drivers In The Antivirals Market 2023
The Business Research Company’s market reports offer an in-depth analysis on the market’s growth potential, major drivers, key trends and more.
Global antivirals market to reach $107.84 billion in 2023, with an 11.0% CAGR. Market size projected at $156.99 billion in 2027 with a 9.8% CAGR.
Anti-viral drugs treat infections like HIV, hepatitis, influenza, and the novel coronavirus. They don’t kill viruses but hinder their growth. These drugs include DNA polymerase inhibitors, reverse transcriptase inhibitors, protease inhibitors, and neuraminidase inhibitors.
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Antivirals Market Driver
COVID-19 fuels rapid demand for antiviral drugs. Repurposing existing medications is key as there are no COVID-19 vaccines or proven treatments yet. Using these drugs for COVID-19 spurs antiviral market growth, with potential for further expansion if promising trial results emerge.
Antivirals Market Trends
Anti-viral firms innovate for various viral infections. Biopharmaceuticals create novel coronavirus vaccines. Pharma tech advances encompass DNA and RNA-based nucleic acid vaccines, prompting antigen production in the body.
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Major Players And Regions Of The Antivirals Market
Major players in the antivirals market are AbbVie Inc., Bristol-Myers-Squibb, Cipla, F. Hoffmann-La Roche Ltd., Gilead Sciences Inc., GlaxoSmithKline, Johnson & Johnson, Merck & Co., Inc., Dr. Reddy’s Laboratories Ltd.
North America was the largest region in the anti-viral drug therapy market in 2022.
Antivirals Market Segmentation By The Business Research Company
The global antivirals market is segmented –
1) By Drug Class: DNA Polymerase Inhibitors, Reverse Transcriptase Inhibitors, Protease Inhibitors, Neuraminidase Inhibitors, Other Drug Classes
2) By Application: HIV, Hepatitis, Herpes, Influenza, and Other Applications
3) By Type: Branded, Generic
The Table Of Content For The Antivirals Market Include:
1. Antivirals Market Executive Summary
2. Antivirals Market Segments
3. Antivirals Market Size And Antivirals Market Growth Rate
4. Key Antivirals Market Trends
5. Major Antivirals Market Drivers
25. Key Mergers And Acquisitions In The Antivirals Market
26. Top Antivirals Companies
27. Antivirals Market Opportunities And Strategies
28. Antivirals Market, Conclusions And Recommendations
The Antivirals Market Global Market Report 2023 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the antivirals market.
View More Reports Related To The Market –
Hepatitis Drugs Global Market Report 2023
Hepatitis Therapeutics Global Market Report 2023
Viral Vectors And Plasmid DNA Global Market Report 2023
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