Sat, 23 Oct 2021

According to the current analysis of Reports and Data, the global antiviral drugs market was valued at USD 53.99 Billion in 2020 and is expected to reach USD 77.07 Billion by 2028, at a CAGR of 4.6%. Antiviral drugs help to diminish the duration of flu symptoms in otherwise healthy children and adults and may lessen the severity of common flu symptoms. Antiviral drugs are medicines that reduce the intensity of flu viruses to reproduce. Most antivirals are used for specific viral infections, while a broad-spectrum antiviral is effective against a wide range of viruses. Antiviral drugs are suggested for both treatment and prevention of flu. Antiviral drugs work best when consumed within 48 hours of beginning of flu symptoms, but they may still offer benefits when taken later depending upon the nature of the flu. They may also reduce the risk of complications such as ear infections in children, respiratory complications requiring antibiotics, and hospitalization in adults. Viruses use the host's cells to replicate thus, creating a safe and effective antiviral drug is tough.

Rising incidences of viral infection along with increase in public awareness, rise in healthcare expenditure, effective investments on R&D and development of severe and life-threatening diseases is likely to foster the growth of the global antiviral drugs market. Furthermore, Huge target population is provided by increasing frequency of STIs caused by human immunodeficiency virus and human papillomavirus.

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The report provides a panoramic view of the market and insights that will help formulate better business decisions. In addition to that, the study helps well-established companies and players gain a deeper understanding of the market and make informed decisions. The report also discusses in detail about the key factors influencing the market growth.

Key companies operating in the market include:

Gilead Sciences, F. Hoffmann-La Roche AG, GlaxoSmithKline, Bristol-Myers-Squibb, AbbVie, Johnson & Johnson, Merck & Co., Aurobindo Pharma, Cipla, and Dr Reddy's

The report initially offers market introduction, market overview, product scope, market opportunities, growth prospects, risks, limitations, and key drivers. The report also covers a comprehensive analysis of the competitive landscape with extensive profiling of the key competitors. It covers recent technological advancements, product developments, product launches, mergers and acquisitions, collaborations, joint ventures, and partnerships.

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The report aims to provide a better understanding of the market dynamics and the workings of the industry on a global level. To gain a deeper understanding of the industry, the global Antiviral Drugs market is further segmented on the basis of key geographical regions such as North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa. The report also offers a country-wise analysis to provide crucial insights into market size, market growth, market revenue growth, and economic growth in each region.

On basis of product types and application offered by the Antiviral Drugs industry, the market is segmented into:

Type (Revenue, USD Million; 2018–2028)

  • Branded
  • Generic

Application (Revenue, USD Million; 2018–2028)

  • HIV
  • Hepatitis
  • Herpes Simplex Virus
  • Influenza
  • Others

Mechanism of Action (Revenue, USD Million; 2018–2028)

  • Reverse transcriptase inhibitors
  • Nucleotide polymerase inhibitors
  • Protease inhibitors
  • Others

The regional analysis covers:

  • North America

    • U.S.
    • Canada
    • Mexico

  • Europe

    • Germany
    • U.K.
    • Italy
    • France
    • BENELUX
    • Rest of Europe

  • Asia Pacific

    • China
    • India
    • Japan
    • South Korea
    • Rest of APAC

  • Latin America

    • Brazil
    • Rest of LATAM

  • Middle East & Africa

    • Saudi Arabia
    • A.E.
    • South Africa
    • Rest of MEA

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Key Features of the Global Antiviral Drugs Market Report:

  • Comprehensive analysis of the key players operating in the market along with their SWOT analysis, their business profiles, business overview, market share, global position, and market value
  • Identification and analysis of significant trends and factors driving revenue growth of the market
  • Analysis of the competitive landscape along with strategic mergers, expansions, agreements, partnerships, joint ventures, acquisitions, and product launches
  • Assessment of each market segment along with their growth trends and market revenue contribution
  • Study of the key regions to pinpoint growth potential and study opportunities, threats, limitations, and risks

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