Remdesivir Market 2020: Expected Development, Share, Demand And Study Of Key Players Research Predictions 2030

The Business Research Company offers "Remdesivir Global Market Report 2020-30: Covid 19 Impact And Recovery" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trend s and strategies that players in the market can adopt.

The clinical trial involved 397 patients with severe cases of COVID-19. Gilead will focus on making remdesivir both accessible and affordable to governments and patients around the world. Taking into consideration the R&D investment, and the affordable price range, the drug is expected to generate an estimated $2 billion in sales in 2020. It is expected to grow at 29.02% and reach $4.2 billion in 2023. The revenue will then drop off in subsequent years.

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The remdesivir market consists of sales of remdesivir drugs currently found effective in treating the COVID-19 disease. Remdesivir (RDV) is one of the promising drugs used currently for the treatment of the COVID19 disease. Gilead, the US drug manufacturer is expanding its Remdesivir production due to the high demand for this drug. RDV is a synthetic compound throughout the class of antiviral drugs that target RNA synthesis.

The high cost associated with the drug is a key factor hampering the growth of the market. Gilead Sciences that produces remdesivir donates its initial supply of 1.5 million doses, but the company has demonstrated that it would have to begin charging the drug for sustainable production. There are various speculations on the pricing of the drug. According to the Institute for Clinical and Economic Review (ICER), the estimated price of Remdesivir would be between $4,580 to $5,080. The higher-end pricing of remdesivir is expected to hinder the growth of the market.

Remdesivir Market Segmentation:
By Dosage Form
1. Tablets
2. Frozen Solution
3. Lypholized Solution

By Distribution Channel
1. Hospitals
2. Clinics
3. Drug Stores/Pharmacies
4. Online
5. Others

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Few Points From Table Of Content
1. Executive Summary
2. Remdesivir Market Characteristics
3. Remdesivir Market Size And Growth
4. Remdesivir Market Segmentation
5. Remdesivir Market Regional And Country Analysis
……
25. Remdesivir Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Remdesivir Market
27. Remdesivir Market Trends And Strategies
28. Remdesivir Market Future Outlook and Potential Analysis
29. Appendix

The report covers the trends and market dynamics of the remdesivir market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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Some of the key players involved in the remdesivir market are Gilead Sciences, Inc., Bright Gene, Hainan Haiyao, Kelun Pharma, Hunan Warrant Pharmaceutical, Cipla, Pfizer, Merck, Cayman Chemical, Dr Reddy’s Laboratories, Inovio Pharmaceuticals, Borui Bio-Pharmaceutical, Berry Global Group, Others

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