The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

Introduction: The Soaring Growth Trajectory

• RSV therapeutics market size surged from $1.27 billion in 2023 to $1.59 billion in 2024.
• Compound Annual Growth Rate (CAGR) stands impressively at 25.2%.
• Historic and forecasted growth fueled by a multitude of factors.

The Rise In The Prevalence Of RSV Infection

• RSV infections on the rise, especially affecting vulnerable populations.
• Mild to severe respiratory complications necessitate innovative treatments.
• Notable increase: 11,255 new cases in 2021 summer, up by 9.50% from winter 2020–21.
• Key players driving market growth include Johnson & Johnson, Pfizer, Roche, and others.

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Pfizer’s Abrysvo Approval Marks A Significant Advancement

• Pfizer’s ABRYSVO, a bivalent RSVpref vaccine, gains FDA approval in May 2023.
• Focus on preventing lower respiratory tract sickness in individuals aged 60 and above.
• A safe and effective vaccine addressing RSV A and B varieties.
• Pfizer’s strategic acquisition of ReViral Limited in June 2022 to strengthen its RSV treatment portfolio.

Market Segmentation and Regional Outlook

• Segmentation by Drug, Treatment, Dosage Form, Patient Type, and Distribution Channel.
• Notable drugs include Palivizumab, Ribavirin, and others.
• Immune prophylaxis, supportive care, and antiviral medications among primary treatments.
• North America dominates the market, while Asia Pacific promises rapid growth.

Major Trends and Future Prospects

• Continued innovation in biologic therapies and emerging antivirals.
• Focus shifting towards elderly population and maternal immunization strategies.
• Key trends include advancements in monoclonal antibodies, nasal vaccines, and combination therapies.
• Home-based treatment options gaining traction for convenience and accessibility.

Conclusion: A Promising Future
The respiratory syncytial virus (RSV) therapeutics market witnesses unprecedented growth driven by heightened awareness, technological advancements, and evolving treatment strategies. With key players at the forefront of innovation and a market poised for expansion, the journey towards combating RSV infections and improving patient outcomes continues with optimism and determination.

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