Antiviral Medicine Market Anticipate it to Increase to US$82.9 bn by 2024
Request Free Sample Report @ https://www.mrrse.com/sample/2551
With the significant increase in the incidence of viral infections, the global antiviral medicine market is witnessing a substantial rise in its size and valuation. The increasing prevalence of chronic infections, such as HIV/AIDS and hepatitis B, which require long-term treatment, is also adding considerably to the growth of this market.
Going forward, the strong focus of drugmakers on research and developments, resulting in innovation and advancements in medicine and therapies, together with the rising reports of newer viral infectious diseases, is likely to boost the market for antiviral medicine to great extents over the forthcoming years. The availability of low cost treatments and the advancements in healthcare facilities in developing regions are also projected to impact this market positively in the near future.
The opportunity in the global market for antiviral medicine was worth US$48.3 bn in 2015. Researchers anticipate it to increase to US$82.9 bn by 2024, rising at a CAGR of 6.40% between 2016 and 2024.
North America to Continue as Market Leader
Among all the regional markets for antiviral medicine, namely, Asia pacific, North America, Latin America, the Middle East and Africa, and Europe, the leading position has been acquired by North America. With a share of more than 50%, the North America market for antiviral medicine stood strong in 2015 and is expected to remain dominant over the next few years. The increasing pool of patients suffering from viral infections and the high cost of new medicine are likely to boost this regional market remarkably over the years to come.
Browse Full Report With TOC @ https://www.mrrse.com/antiviral-medicine-market
Europe stood second in the global market for antiviral medicine in 2015. Analysts predict this regional market will retain its position in the coming years, thanks to the large number of patients undergoing antiretroviral treatments, fueled by the increasing preference for novel medicine among consumers. The rising level of awareness, better diagnostic facilities, continued launches of effective medicine, and the presence of favorable reimbursement policies for the high-cost treatments are also expected to drive the Europe market for antiviral medicine over the next few years.
Among other regional antiviral medicine markets, Asia Pacific, followed by the Middle East and Africa, is anticipated to present most promising opportunities for the growth of this market. The key factors attributed for this are the soaring prevalence of HIV/AIDS and hepatitis, high-paced spreading of various infectious viral diseases, such as influenza, and the increasing preference for better healthcare facilities. The rising penetration of medicine for novel viral infections, such as Ebola and Zika, together with improved as well as affordable second version medicine, is anticipated to drive both the markets, i.e., Asia Pacific and the Middle East and Africa, over the forthcoming years.
Demand for Antiviral Medicine to Remain High from HIV Infection Segment
Antiviral medicine are mainly utilized in the treatment of hepatitis virus infection, HIV infection, and respiratory virus infection. With the alarming rise in the reports of HIV infection, the demand for antiviral medicine from this segment has been higher than others. Thanks to the invention of new medicine for HIV, which convert fatal illness into chronic pathology thereby increasing the lifespan of the patient, favorable reimbursement policies, and the availability of affordable medicine in emerging countries, the segment is likely to remain driving high demand for these medicine over the years to come.
Make An Enquiry @ https://www.mrrse.com/enquiry/2551
About Market Research Reports Search Engine (MRRSE)
Market Research Reports Search Engine (MRRSE) is an industry-leading database of Market Research Reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords.
MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.
90, State Street
Albany, NY - 12207
United States Telephone: +1-518-730-0559
Read More Industry News At: https://www.industrynewsanalysis.com/
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Antiviral Medicine Market Anticipate it to Increase to US$82.9 bn by 2024 here
News-ID: 904464 • Views: 149
More Releases from Market Research Reports - MRRSE
Global Dairy Market Will Reach Value of US$ 9,570 Mn by 2022
Market Research Reports Search Engine (MRRSE) has been serving as an active source to cater intelligent research report to enlighten both readers and investors. This research study titled “Dairy Alternatives Market: North America to dominate the market throughout the assessment period: Global Industry Analysis (2012 - 2016) & Opportunity Assessment (2017 - 2022)”. Click here For Free Sample Report @ https://www.mrrse.com/sample/3558 The dairy alternatives market is growing at a steady pace the
Civilian Less Lethal and Self Defense Weapons Market Valued at US$82.16 Million …
Market Research Reports Search Engine (MRRSE) has been serving as an active source to cater intelligent research report to enlighten both readers and investors. This research study titled “Civilian Less Lethal and Self Defense Weapons Market - North America Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023”… Click here For Free Sample Report @ https://www.mrrse.com/sample/1764 Less lethal and self-defense weapons also known as “non-lethal” weapons are growing in demand
Market Research on Biosimulation Market To Worth US$ 1,750 Million in 2022
Market Research Reports Search Engine (MRRSE) has been serving as an active source to cater intelligent research report to enlighten both readers and investors. This research study titled “Global Market Study on Biosimulation: North America to Dominate the Market in Terms of Revenue During the Forecast Period (2017 - 2022)”... Request Free Sample Report @ https://www.mrrse.com/sample/3772 Biosimulation is a technique in which computer programs are used for the simulation of biological processes.
Global Ambulatory Surgical Centres Market Projected Valued at US$ 113,046.7 Mill …
Market Research Reports Search Engine (MRRSE) has been serving as an active source to cater intelligent research report to enlighten both readers and investors. This research study titled “Ambulatory Surgical Centres Market: Global Industry Analysis and Opportunity Assessment 2016 - 2026” … Request For Free Sample Report @ https://www.mrrse.com/sample/2605 Ambulatory Surgical Centres (ASCs) are healthcare facilities focussing on delivering same-day surgical care, including diagnostic and surgical (preventive) procedures. These are also called
More Releases for Search
Search Engine Marketing Services
Search engine Marketing is a method of improving the ranking by increasing the volume and quality of traffic to a website in search engine listing. Usually, the earlier a site is presented in the search results, or the higher it ranks, the more searchers will visit that site. To have a website optimization for search engines is an attempt to have it appear in the top of the search engine result
Job Search Recommendation System
Job Search System Hemen Parekh, Director – RecruitGuru, announced the launch of a job recommendation system on their job portal www.CustomizeResume.com According to Parekh, their job recommendation system works at two levels. At level one, it captures the frequency with which a jobseeker selects various
New search function introduced
The family network dynastree.com recently launched a new version, including a Turkish language version, and also a new feature - the extended search. It is now possible to use far more parameters to search for possible relatives and ancestors. The new parameters not only include more fields for names (birth name, second surname), but also fields for place of birth, death, and residence. Moreover, both year of birth and year
Cafegadgets Launches Mobile Search
Online retailer of gadgets and gizmos, Cafegadgets.in, has introduced CG Mobile Search, a product and price search on mobile phones. Those planning to buy a gadgets like a laptop, digital camera, mobile phone or an ipod have to just send an SMS - CG - to 53030 and check the prices on Cafegadgets.in to make a comparison. To know the price of the Nokia E61i, one would
When the need for a lawyer arises, it is important to be able to find a good lawyer who is both knowledgeable in the area that is required, and has a good reputation. Many people would prefer to find a local lawyer whether it is a Maryland lawyer, a New York lawyer or a Kentucky lawyer. A lawyer search can be an overwhelming and often frightening task for anyone who
Search Engine Optimisation
Search Engine Optimization (SEO) is an ultimate demand for any small concern aiming to earn profit with a website. If any business house does not have the promotion allowances like Ladbrooks.com, then the only way to promote your web site to the customers is through a search engine. Let us check the methodology that are used in SEO; firstly the SEO makes it sure that a site is "readable" accurately