Press release
Antiviral Drug Resistance Market 2027 Key Technology Development Covering Immunodiagnostics, Polymerase Chain Reaction [PCR], Next Generation Sequencing [NGS]
Global Antiviral Drug Resistance Market is projected to grow at a CAGR of 6.8% during the period 2019-2027. The report is serviceable to various stakeholders engaged in the target market. It offers a global view of estimates and forecasts on market size, share, industry trends, and future market potential.The market for antiviral drug resistance is foreseen to garner high demand on account of rising incidences of hepatitis diseases coupled with the increasing prevalence of HIV/AIDS. The global Antiviral Drug Resistance market is forecasted to reach US$ 4,573.2 Mn in 2027 from US$ 2,572.3 Mn in 2018. The increasing healthcare expenditures in emerging markets are further positively contributing to the growth of the antiviral drug resistance market in the years to come.
Regional Overview
The report offers exclusive insights into the Antiviral Drug Resistance market for eighteen countries. It covers five major geographical regions North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America (S&CAM) along with their exhaustive PEST analysis.
The rapid growth and innovations taking place in the emerging nations are awaited to boost both growth opportunities and sales in the global antiviral drug resistance market. Increasing healthcare expenditures in Asia Pacific and South and Central America are facilitating researchers to develop treatment options for a wide range of viral diseases using PCR (Polymerase Chain Reaction) and other advanced techniques such as next-generation sequencing.
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Segmentation
The market study for global Antiviral Drug Resistance is segmented by Product, Disease Indication, Technology, and End User. Based on the product, the segmentation is done as Kits & Reagents and Instruments. By disease indication, the Antiviral Drug Resistance market is segmented as Human Immunodeficiency Virus [HIV], Hepatitis, and Cytomegalovirus [CMV]. The market by technology is segmented as Immunodiagnostics, Polymerase Chain Reaction [PCR], Next Generation Sequencing [NGS], and Others. On the other hand, the end user market is segmented as Hospitals & Clinics, Pathology or Diagnostic Laboratories and Research Institutes.
Key Players
The report profiles some top companies in the Antiviral Drug Resistance market, giving necessary information on their product offerings, financial overview, SWOT analysis, and market-specific developments. Key players mentioned in the report are Danaher, AccuBioTech Co., Ltd., Abbott, BD, F. Hoffmann-La Roche Ltd, Trinity Biotech, Seimens AG, bioMérieux SA, Bio-Rad Laboratories, Inc, and ACON Laboratories, Inc.
Industry news
The key players of the Antiviral Drug Resistance market are adopting organic and inorganic growth strategies. For instance, Roche recently expanded its Global Access Program beyond HIV, to include Mycobacterium tuberculosis (MTB), Hepatitis B and C (HBV and HCV), and Human Papillomavirus (HPV) for low and middle-income country programs. The report mentions several other initiatives and developments for stakeholders toward a better understanding of the market and strategic decision-making.
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