Antiviral Drugs Market Analysis and In-depth study on market Size Trends, Emerging Growth Factors and Regional Forecast to 2023

The global market for antiviral drugs is driven by the increase in the incidence rate of viral infections. In addition, it is expected that the increase in R & D activities and the development of more advanced and advanced formulations, such as vaccines and combined therapies, will promote the growth of the market. However, the high costs involved in the development of drugs and the growth in demand for alternative medications, such as naturopathy and homeopathy, restrict market growth. On the other hand, it is expected that the development of broad spectrum antibiotics and growth opportunities in emerging economies in the Asia-Pacific regions and LAMEA provide numerous opportunities for market growth during the forecast period.

Antiviral drugs belong to the class of medicines, which used for treating viral infections, such as HIV, herpes, hepatitis, and influenza. These drugs are generally administered in the form of vaccines. In addition, most of these drugs are used for specific viral infections, while a few (broad-spectrum antiviral drugs) are effective against a wide range of viruses.

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Key Benefits
• The study provides an in-depth analysis of the market with current trends and future estimations to elucidate the imminent investment pockets.

• Comprehensive analysis of all geographical regions is provided to determine the prevailing opportunities.

• Key players are profiled and their strategies are analysed thoroughly, which explains the competitive outlook of the global market.

• The report offers a quantitative analysis from 2016 to 2023 to enable the stakeholders to capitalize on the prevailing market opportunities.

• Exhaustive analysis by type helps understand the types of antiviral drugs used and the variants that are expected to gain prominence in the future.

The global antiviral drugs market is segmented on the basis of mechanism of action, type, application, and region. On the basis of mechanism of action, it is divided into nucleotide polymerase inhibitors, reverse transcriptase inhibitors, protease inhibitors, and others. On the basis of type, it is classified into generic drugs and branded drugs.

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Top key players :

• F. Hoffmann-La Roche Ltd.
• Gilead Sciences
• GlaxoSmithKline
• Bristol-Myers-Squibb
• Abbott Laboratories
• AstraZeneca plc.
• AbbVie Inc.
• Schering-Plough Corporation
• Johnson & Johnson
• Merck & Co. Inc.

Based on application, it is categorized into HIV, hepatitis, herpes, influenza, and other viral diseases. The market is analyzed on the basis of region across North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, and rest of Europe), Asia-Pacific (Japan, China, India, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, and rest of LAMEA).

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