Antiviral Therapies Market 2021 includes Statistical Forecasts, Competitive Landscape, Key Trend, and Strategic Recommendations by 2028


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Shibuya Data Count

Jan 05, 2022, 02:18 EST


Shibuya-ku, Tokyo, Japan, Japan, Jan 05, 2022, 02:18 /Comserve / -- The global Antiviral Therapies market size accounted for $48.1 billion in the 2018 and is expected to reach $75.6 billion in 2026, growing at 5.8% CAGR.

The global Antiviral Therapies market size accounted for $48.1 billion in the 2018 and is expected to reach $75.6 billion in 2026, growing at 5.8% CAGR.

The global Antiviral Therapies market is categorized by drug type into herpes antiviral drugs, hepatitis antiviral drugs, HIV antiviral drugs, influenza antiviral drugs and others. The HIV antiviral drugs accounted for the highest market share of 34.0% in the year 2018, and is anticipated to continue its dominance over the forecast period. According to report published by UNAIDS, in the year 2018 around 37.9 million of the global population were tested HIV positive.

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The cost associated with the antiviral therapies is the key factor hindering the market growth. Additionally, the rapid growth in the usage of natural products coupled with the high development cost required to develop antiviral drugs are acting as the key market hindering factors.

On the basis of drug type, the market is divided into herpes antiviral drugs, hepatitis antiviral drugs, HIV antiviral drugs, and influenza antiviral drugs among others. HIV antiviral drugs held the largest market share in the year 2018 accounting for 34%. Herpes antiviral drugs segment in antiviral therapies market is anticipated to experience a swift growth over the forecast period growing at a CAGR of 6.1% by 2026.

By end-use, the global antiviral therapies market has been segmented into hospital pharmacies, independent pharmacy & drug store, online pharmacy and others. Online pharmacies segment is expected to experience the lucrative growth over the forecast period due rising adoption of online shopping trend in the developed as well as developing nations such as U.S., Canada, India and China.

Based on the region, the global antiviral therapies market has been studied across North America, Europe, Asia-Pacific, and LAMEA. In the year 2018, North America region accounted 32% of the global market share. This is majorly due to the presence of number of key players in this region and rapid growth in the adoption of new technologies by the people. Additionally, lack of knowledge and unavailability of antiviral drugs in Asia-pacific region is expected to create new growth opportunities over the forecast period.

Top players in the Antiviral Therapies market are Gilead Sciences, F. Hoffmann-La Roche Ltd, GlaxoSmithKline plc., AbbVie, AbbVie Inc., Merck & Co., Inc., Johnson & Johnson Services, Inc., Bristol-Myers Squibb Company, Cipla Inc., Aurobindo Pharma and Dr.

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Reddy’s Laboratories Ltd. These key players in Antiviral Therapies markets are concentrating on developments in the present technology, new product launches, geographical expansions, and mergers & acquisitions, and are the key strategies focused by these companies.

The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.


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