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The Global Favipiravir Market, Growth Analysis, Latest Trends and Forecast till 2027| ChemRar Group, Glenmark, Fujifilm

08-11-2021 03:22 PM CET | Health & Medicine

Press release from: INFINITY BUSINESS INSIGHTS

Fabipravir, an antiviral medication, has been approved in various countries for the treatment of COVID-19, including Japan, Russia, and India. In September 2020, a fast meta-review (analysing four studies) found that the medicine improved clinical and radiological outcomes; nevertheless, no reduction in mortality or variations in oxygen-support requirements were seen, prompting the search for more robust investigations. In 2020, the global Favipiravir market size was US$ 299.4 million and it is expected to reach US$ 11 million by the end of 2027, with a CAGR of -44.6% during 2021-2027.

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Top Key Players Included in Favipiravir Market Report: ChemRar Group, Glenmark, Fujifilm, Dr. Reddy, R-Pharma, Cipla, Lupin, Sun Pharma, and Hisun Pharm

Favipiravir services, such as covid-related activities, communicable disease prevention and management, reproductive health, maternal health, new-born and child health, and other emergencies, have been prioritized, while non-essential services, such as health promotion activities, other non-emergency screening services, routine diagnostic tests, and other non-essential services, have been prioritized. North America accounted for 40% of the global healthcare services market in 2019, making it the most populous region. The second-largest area, Asia Pacific (India, China, Japan, Malaysia, South Korea), accounted for 25% of the global healthcare services industry. In the worldwide healthcare services sector, Africa was the tiniest region.

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Favipiravir Market segment by Type:
Brand Drug
Generic Drug

Favipiravir Market segment by Application:
Influenza Viruses
COVID-19
Others

The report studies the Favipiravir healthcare service globally. The report provides complete and data-driven insight into the market in various regions of the world. The data is represented in statistics and infographics for better understanding and evaluation. The report is a comprehensive view of the market through lense the data, trends, opportunities, changes.

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