Swine Flu Drugs Market to Record an Exponential CAGR by 2025

According to a recent market research report by Transparency Market Research, the global market for swine flu drugs has witnessed a massive surge in government funding and R&D activities post recent pandemics that affected several Asian countries. The report, titled “Swine Flu Drugs Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017–2025,” presents a detailed account of the complete growth dynamics of the market over the past few years and presents forecasts pertaining to the potential growth dynamics of the market over the period between 2017 and 2025.

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The vast rise in prevalence of the condition and the increased focus of governments across emerging and less-developed economies on the improvement of healthcare facilities have remained the two key growth factors for the global swine flu drugs market in the past few years. The market is expected to expand in the next few years owing to increased funds being spent on the prevention of the condition and rise in R&D activities focused on the development of more effective vaccines.

The report segments the global swine flu drugs market based on criteria such as dosage form, drug class, distribution channel, and geography. Based on drug class, the market has been segmented into inhaled anti-infectives and neuraminidase inhibitors. Based on the form of dosage, the market has been segmented into oral powder inhalation and capsule. On the basis of distribution channel, the report segments the global swine flu drugs market into hospital pharmacies, retail pharmacies, and online pharmacies.

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Geographically, the report segments the global swine flu market into regional markets such as Asia Pacific, Europe, North America, Latin America, and Middle East and Africa. Of these, the Asia Pacific market accounted for the dominant share in the global swine flu drugs market in 2016 owing to the vast rise in prevalence of a number of zoonotic diseases in the region and a recent pandemic, which compelled governments to put more effective treatment and preventive measures in place.

In the same year, Europe accounted for the second-largest share in the global swine flu drugs market owing to an increased prevalence of the condition in certain demographics such as young children, pregnant women, and geriatrics. The market in North America also witnessed a decent rise in 2016 owing to increased focus on preventive measures concerning the condition. Increased focus on disease prevention and risinh funds towards its treatment are expected to help the market in Latin America and Middle East and Africa expand at a promising pace in the next few years.

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Some of the leading companies operating in the global swine flu market are F. Hoffmann -La Roche AG, Gilead Sciences, Inc., GlaxoSmithKline, Genentech, Inc., and BioCryst Pharmaceuticals, Inc.

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This release was published on openPR.