2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

What Are the Primary Drivers Supporting the Market Growth of theSotrovimab Or Xevudy Market?

The rise in the prevalence of COVID-19 cases is expected to drive the growth of the sotrovimab or xevudy market going forward. COVID-19 is a disease caused by the SARS-CoV-2 virus, spreading through respiratory droplets and causing symptoms from mild fever to severe respiratory issues. Vaccines and hygiene practices help prevent its spread. COVID-19 cases are increasing due to factors such as new variants, reduced immunity, eased restrictions, seasonal indoor gatherings, and uneven vaccine coverage. Sotrovimab treats high-risk COVID-19 patients by neutralizing the virus early, preventing severe outcomes such as hospitalization or death. For instance, in March 2023, according to a report published by the Office for National Statistics, a UK-based government department for official statistics, as of March 2023, an estimated 1.9 million people in the UK (2.9% of the population) reported COVID. Most (92%) had COVID-19 over 12 weeks earlier, with 69% experiencing symptoms for over a year and 41% for over two years. Therefore, the rise in the prevalence of COVID cases is going to drive the growth of the sotrovimab or xevudy market.

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#How Does the ProjectedSotrovimab Or Xevudy Market Growth Compare Over the Forecast Period?

The sotrovimab or xevudy market size has XX (HCAGR) in recent years. It will grow from $XX million in 2024 to $XX million in 2025 at a compound annual growth rate (CAGR) of XX%. The growth in the historic period can be attributed to rise in prevalence of COVID-19, the increase in demand for effective monoclonal antibody treatments, growth in awareness of high-risk patient care, rise in government funding, and rise in collaborations between pharmaceutical companies.

The sotrovimab or xevudy market size is expected to see XX (FCAGR) in the next few years. It will grow to $XX million in 2029 at a compound annual growth rate (CAGR) of XX%. The growth in the forecast period can be attributed to rising emergence of new COVID-19 variants, increasing focus on monoclonal antibody therapies, expanding healthcare access in developing regions, rising government support for pandemic preparedness, and growing telehealth services for treatment delivery. Major trends in the forecast period include advancements in vaccine manufacturing technologies, innovation in formulations, integration of telehealth, advancements in antibody production technologies, and advancements in antibody engineering.

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What Are the Latest Innovations Influencing theSotrovimab Or Xevudy Market?

The key trend in the sotrovimab or xevudy market is the emphasis on strategic investments to boost research and development, expand production capacities, and improve access to the drug. These partnerships are crucial for accelerating distribution and ensuring broader availability, especially in high-need regions. For instance, in January 2022, GSK plc, a UK-based pharmaceutical company, partnered with Vir Biotechnology Inc., a US-based biotechnology company, and announced a significant agreement with the United States government to purchase additional supplies of sotrovimab, a monoclonal antibody authorized for the early treatment of COVID-19. This agreement highlights the ongoing need for effective treatments as the pandemic continues to evolve. Sotrovimab is specifically designed for adults and adolescents at high risk of progressing to severe COVID-19, offering a vital option for those who do not require oxygen supplementation. This recent agreement reflects GSK and Vir’s broader strategy to ensure that sotrovimab remains accessible despite the emergence of new variants of the virus.

Who Are the Major Industry Players Accelerating Growth in theSotrovimab Or Xevudy Market?

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

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Which Primary Segments of the Sotrovimab Or Xevudy Market Are Driving Growth and Industry Transformations?

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

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Which Regions Are Key Players in the Growth of the #What Are the Primary Drivers Supporting the Market Growth of theSotrovimab Or Xevudy Market?# Market?

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.

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