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Antivirals Market Size, Share Analysis, Growth And Global Forecast To 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Antivirals Global Market Report 2023 identifies Increasing public-private funding for life science research as the major driver for the antivirals market's growth in the forecast period.
The global antivirals market size will grow from $97.14 billion in 2022 to $107.84 billion in 2023 at a compound annual growth rate (CAGR) of 11.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global antivirals market size is expected to grow to $156.99 billion in 2027 at a CAGR of 9.8%.
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Major competitors in the antivirals market are AbbVie Inc., Bristol-Myers-Squibb, Cipla, F. Hoffmann-La Roche Ltd., Gilead Sciences Inc., GlaxoSmithKline, Johnson & Johnson, Merck & Co., Inc., Dr. Reddy's Laboratories Ltd., AstraZeneca PLC., Aurobindo Pharma, Abbott Laboratories, Schering-Plough Corporation, Pfizer Inc., Sanofi, Sanofi, Regeneron Pharmaceuticals, Inc., Inovio Pharmaceuticals, Inc., Novavax, Inc., and BioCryst Pharmaceuticals, Inc.
A key trend in the antivirals market includes technological advancement. Biopharmaceutical companies are developing vaccines for the treatment of novel coronavirus. Technological advances in the pharmaceutical sector include the development of nucleic acid vaccines that are DNA- and RNA-based, and which enable the human body to produce vaccine antigens.
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The antivirals market is segmented -
•By Drug Class: DNA Polymerase Inhibitors, Reverse Transcriptase Inhibitors, Protease Inhibitors, Neuraminidase Inhibitors, Other Drug Classes
•By Application: HIV, Hepatitis, Herpes, Influenza, and Other Applications
•By Type: Branded, Generic
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the antivirals market.
The Business Research Company's "Global Antivirals Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Antivirals Market Include:
1. Executive Summary
2. Anti-Viral Drug Therapy Market Characteristics
3. Anti-Viral Drug Therapy Market Trends And Strategies
4. Anti-Viral Drug Therapy Market - Macro Economic Scenario
5. Anti-Viral Drug Therapy Market Size And Growth
……
26. Africa Anti-Viral Drug Therapy Market
27. Anti-Viral Drug Therapy Market Competitive Landscape And Company Profiles
28. Anti-Viral Drug Therapy Pipeline Analysis
29. Key Mergers And Acquisitions In The Anti-Viral Drug Therapy Market
30. Anti-Viral Drug Therapy Market Future Outlook and Potential Analysis
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