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Antiviral Drugs Market Analysis and Global Forecast 2024-2034

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Antiviral Drugs Market Research Report: Information By Drug Class (DNA Polymerase Inhibitors, Reverse Transcriptase Inhibitors, Protease Inhibitors, Neuraminidase Inhibitors, Others), By Type (Branded, Generic), By Application (HIV, Hepatitis, Herpes, Influenza, Others), and by Region — Forecast till 2033

Page: 129

Report Published on: November 3, 2024
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Description

Antiviral Drugs Market Overview

The Antiviral Drugs Market accounted for USD 11.25 Billion in 2023 and is estimated to account for 18.66 billion in 2024. The Market is expected to reach USD 45.58 Billion by 2034 growing at a compound annual growth rate (CAGR) of 8.26% from 2024 to 2034. The Antiviral Drugs Market refers to the global industry focused on the research, development, production, and distribution of medications used to treat viral infections. These drugs are designed to inhibit the replication of viruses and help in the management or treatment of various viral diseases such as influenza, HIV, hepatitis, herpes, and COVID-19.

The antiviral drugs market is a dynamic and essential segment of the pharmaceutical industry. As the global population continues to grow and the threat of viral infections persists, the demand for effective antiviral treatments is expected to remain high.

Global Antiviral Drugs Market Synopsis

Antiviral Drugs MarketAntiviral Drugs Market Dynamics

The major factors that have impacted the growth of Antiviral Drugs Market are as follows:

Drivers:

Ø  Technological Advancements in Drug Development

Innovations in pharmaceutical research, including next-generation antivirals, combination therapies, and personalized medicines, enhance treatment efficacy and drive market growth. The global increase in the elderly population, who are more susceptible to viral infections, especially respiratory viruses, creates a growing demand for antiviral treatments. Populations with weakened immune systems, such as those with chronic diseases or undergoing organ transplants, contribute to higher antiviral drug demand.

Restraint:

  • Perception of High Cost of Drug Development and Availability of Alternative Therapies

The research and development (R&D) of antiviral drugs are costly and time-consuming, often involving complex clinical trials and regulatory approvals, which can slow down the introduction of new treatments. Many antiviral drugs are associated with significant side effects, which may lead to reduced patient compliance or hesitation in prescribing them. Vaccines and other preventive measures can reduce the need for antiviral drugs in some cases, limiting the market potential for these treatments.

Opportunity:

⮚   Growing Demand for Combination Therapies

The increasing preference for combination antiviral therapies, which improve efficacy and reduce resistance, provides opportunities for drug makers to develop multi-drug regimens. The rise of digital health platforms and e-pharmacies offers new channels for distributing antiviral medications, making them more accessible to patients globally. The growing trend toward personalized medicine, which tailors treatments to individual genetic profiles, opens opportunities for developing targeted antiviral therapies with enhanced effectiveness.

Antiviral Drugs Market Segment Overview

By Drug Class

Antiviral Drugs Market Drug Class AnalysisBased on Drug class, the market has been divided into DNA Polymerase Inhibitors, Reverse Transcriptase Inhibitors, Protease Inhibitors, Neuraminidase Inhibitors and Others.  The Reverse transcriptase inhibitors category dominated the market. This is mainly due to the rising diagnosis and treatment rate of HIV, as these medicines are mainly used to treat HIV infection and the high effectiveness of these drugs against viral infections. Reverse transcriptase inhibitors are medications used in the management and treatment of HIV/AIDS and in some cases, hepatitis B. It is in the antiretroviral class of drugs.

By Type

Based on Type, the market segment has been divided into Branded and Generic. The Generic segment dominant the market. Generics are significantly cheaper than branded antiviral drugs, making them more accessible, particularly in developing regions with limited healthcare budgets. The expiration of patents for key antiviral drugs like those used for HIV, hepatitis, and influenza paves the way for generic manufacturers to enter the market.

By Applications

Based on Application, the market segment has been divided into HIV, Hepatitis, Herpes, Influenza and Others. The HIV segment dominant the market. HIV remains a significant global health challenge, particularly in regions like Sub-Saharan Africa. The high prevalence of the disease drives the demand for antiviral drugs in both developed and developing regions. Advances in HIV treatment, such as long-acting injectables, single-pill regimens, and combination therapies, offer improved patient outcomes and adherence to treatment.

Global Antiviral Drugs Market Regional Analysis

Based on region, the global Antiviral Drugs Market has been divided into North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America. North America is projected to dominate the use of the Antiviral Drugs Market followed by the Asia-Pacific and Europe regions.

Global Antiviral Drugs Market Regional AnalysisGlobal Antiviral Drugs North America Market

North America holds a dominant position in the Antiviral Drugs Market. North America is the largest regional market for antiviral drugs, driven by factors such as advanced healthcare infrastructure, high research and development investments, and a large patient population and the U.S. dominates due to high healthcare spending, advanced R&D facilities, and strong government support for antiviral drug development.

Global Antiviral Drugs Asia-Pacific Market

The Asia-Pacific region has indeed emerged as the fastest-growing market for the Antiviral Drugs Market industry. The Asia-Pacific region is experiencing the fastest growth in the antiviral drugs market, driven by increasing healthcare spending, rising prevalence of viral infections, and expanding access to healthcare services and countries like China, India, and Japan are investing in antiviral research and improving healthcare infrastructure, expanding market opportunities.

Competitive Landscape

The global Antiviral Drugs Market is highly competitive, with numerous players offering a wide range of software solutions.

Prominent Players:

  • GlaxoSmithKline
  • AbbVie
  • Merck & Co., Inc.
  • Johnson & Johnson Services, Inc.
  • Bristol-Myers Squibb Company
  • Cipla Inc.
  • Aurobindo Pharma
  • Reddy’s Laboratories Ltd.
  • GlaxoSmithKline
  • Hoffmann-La Roche

Key Development

In May 2023, The U.S. Food and Drug Administration approved the oral antiviral Paxlovid (nirmatrelvir tablets and ritonavir tablets, co-packaged for oral use) for the treatment of mild-to-moderate COVID-19 in adults who are at high risk for progression to severe COVID-19, including hospitalization or death.

In October 2022, Sunshine Biopharma Inc., a pharmaceutical company focused on the research, development, and commercialization of oncology and antiviral drugs, completed the acquisition of all the outstanding shares of Nora Pharma Inc., a pharmaceutical company.

Scope of the Report

Global Antiviral Drugs Market, by Drug Class
  • DNA Polymerase Inhibitors
  • Reverse Transcriptase Inhibitors
  • Protease Inhibitors
  • Neuraminidase Inhibitors
  • Others
Global Antiviral Drugs Market, by Type
  • Branded
  • Generic
Global Antiviral Drugs Market, by Application
  • HIV
  • Hepatitis
  • Herpes
  • Influenza
  • Others
Global Antiviral Drugs Market, by Region
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Benelux
    • Nordic
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • Indonesia
    • Austalia
    • Malaysia
    • India
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • South Africa
    • Rest of Middle East & Africa

 

Parameters Indicators
Market Size 2033: $45.58 Billion
CAGR 8.26% CAGR (2023-2033)
Base year 2022
Forecast Period 2023-2033
Historical Data 2021
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Key Segmentations Drug Class, Type, Application
Geographies Covered North America, Europe, Asia-Pacific, Latin America, Middle East, Africa
Key Vendors GlaxoSmithKline, AbbVie, Merck & Co., Inc., Johnson & Johnson Services, Inc., Bristol-Myers Squibb Company, Cipla Inc., Aurobindo Pharma, Reddy’s Laboratories Ltd., GlaxoSmithKline and Hoffmann-La Roche
Key Market Opportunities • Growing Demand for Combination Therapies
• Telemedicine and E-Pharmacy Growth
Key Market Drivers • Technological Advancements in Drug Development
• Increase in Immunocompromised Populations

 

REPORT CONTENT BRIEF:

  • High-level analysis of the current and future Antiviral Drugs Market trends and opportunities
  • Detailed analysis of current market drivers, restraining factors, and opportunities in the future
  • Antiviral Drugs Market historical market size for the year 2021, and forecast from 2024 to 2034
  • Antiviral Drugs Market share analysis at each product level
  • Competitor analysis with detailed insight into its product segment, Government & Defense strength, and strategies adopted.
  • Identifies key strategies adopted including product launches and developments, mergers and acquisitions, joint ventures, collaborations, and partnerships as well as funding taken and investment done, among others.
  • To identify and understand the various factors involved in the global Antiviral Drugs Market affected by the pandemic
  • To provide a detailed insight into the major companies operating in the market. The profiling will include the Government & Defense health of the company’s past 2-3 years with segmental and regional revenue breakup, product offering, recent developments, SWOT analysis, and key strategies.

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Frequently Asked Questions (FAQ)

The global Antiviral Drugs Market is growing at a CAGR of 8.26% over the next 10 years

Asia Pacific is expected to register the highest CAGR during 2024-2034

North America holds the largest share in 2022

GlaxoSmithKline, AbbVie, Merck & Co., Inc., Johnson & Johnson Services, Inc., Bristol-Myers Squibb Company, Cipla Inc., Aurobindo Pharma, Reddy’s Laboratories Ltd., GlaxoSmithKline and Hoffmann-La Roche.  are the major companies operating in the market

Yes, we offer 16 hours of analyst support to solve the queries

Yes, we provide regional as well as country-level reports. Other than this we also provide a sectional report. Please get in contact with our sales representatives

Table of Content

Table of Content

Chapter 1.   Executive Summary

Chapter 2.   Scope Of The Study

                     2.1.   Market Definition

                     2.2.   Scope Of The Study

                               2.2.1.   Objectives of Report

Chapter 3.   Evolve BI Methodology

Chapter 4.   Market Insights and Trends

                     4.1.   Supply/ Value Chain Analysis

                     4.2.   Porter’s Five Forces Analysis

                               4.2.1.   Threat Of New Entrants

                               4.2.2.   Bargaining Power Of Buyers

                               4.2.3.   Bargaining Power Of Suppliers

                               4.2.4.   Threat Of Substitutes

                               4.2.5.   Industry Rivalry

                     4.3.   Impact of COVID-19 on Antiviral Drugs Market

                               4.3.1.   Impact on Market Size

                               4.3.2.   End User Trend, Preferences, and Budget Impact

                               4.3.3.   Regulatory Framework/Government Policies

                               4.3.4.   Key Players Strategy to Tackle Negative Impact

                               4.3.5.   Opportunity Window

Chapter 5.   Market Dynamics

                     5.1.   Introduction

                     5.2.   DRO Analysis

                               5.2.1.   Drivers

                               5.2.2.   Restraints

                               5.2.3.   Opportunities

Chapter 6.   Global Antiviral Drugs Market, By Drug Class

                     6.1.   Introduction

                     6.2.   DNA Polymerase Inhibitors

                     6.3.   Reverse Transcriptase Inhibitors

                       6.4.    Protease Inhibitors

                       6.5.    Neuraminidase Inhibitors

                       6.6.    Others

Chapter 7.   Global Antiviral Drugs Market, By Type

                     7.1.   Introduction

                     7.2.   Branded

                     7.3.   Generic

Chapter 8.   Global Antiviral Drugs Market, By Application

                     8.1.   Introduction

                     8.2.   HIV

                     8.3.   Hepatitis

                     8.4.   Herpes

                     8.5.   Influenza

                     8.6.   Others

Chapter 9.   Global Antiviral Drugs Market, By Region

                     9.1.   Introduction

                     9.2.   North America

                               9.2.1.   Introduction

                               9.2.2.   Driving Factors, Opportunity Analyzed and Key Trends

                               9.2.3.   Market Size and Forecast, By Country, 2020 - 2028

                               9.2.4.   Market Size and Forecast, By Drug Class, 2020 - 2028

                               9.2.5.   Market Size and Forecast, By Type, 2020 - 2028

                               9.2.6.   Market Size and Forecast, By Application, 2020 - 2028

                               9.2.7.   US

                                              9.2.7.1.   Introduction

                                              9.2.7.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              9.2.7.3.   Market Size and Forecast, By Drug Class, 2020 - 2028

                                              9.2.7.4.   Market Size and Forecast, By Type, 2020 - 2028

                                              9.2.7.5.   Market Size and Forecast, By Application, 2020 - 2028

                               9.2.8.   Canada

                                              9.2.8.1.   Introduction

                                              9.2.8.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              9.2.8.4.   Market Size and Forecast, By Drug Class, 2020 - 2028

                                              9.2.8.5.   Market Size and Forecast, By Type, 2020 - 2028

                                              9.2.8.6.   Market Size and Forecast, By Application, 2020 - 2028

                     9.3.   Europe

                               9.3.1.   Introduction

                               9.3.2.   Driving Factors, Opportunity Analyzed and Key Trends

                               9.3.3.   Market Size and Forecast, By Country, 2020 - 2028

                               9.3.4.   Market Size and Forecast, By Drug Class, 2020 - 2028

                               9.3.5.   Market Size and Forecast, By Type, 2020 - 2028

                               9.3.6.   Market Size and Forecast, By Application, 2020 - 2028

                               9.3.7.   Germany

                                              9.3.7.1.   Introduction

                                              9.3.7.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              9.3.7.3.   Market Size and Forecast, By Drug Class, 2020 - 2028

                                              9.3.7.4.   Market Size and Forecast, By Type, 2020 - 2028

                                              9.3.7.5.   Market Size and Forecast, By Application, 2020 - 2028

                               9.3.8.   France

                                              9.3.8.1.   Introduction

                                              9.3.8.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              9.3.8.3.   Market Size and Forecast, By Drug Class, 2020 - 2028

                                              9.3.8.4.   Market Size and Forecast, By Type, 2020 - 2028

                                              9.3.8.5.   Market Size and Forecast, By Application, 2020 - 2028

                               9.3.9.   UK

                                              9.3.9.1.   Introduction

                                              9.3.9.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              9.3.9.3.   Market Size and Forecast, By Drug Class, 2020 - 2028

                                              9.3.9.4.   Market Size and Forecast, By Type, 2020 - 2028

                                              9.3.9.5.   Market Size and Forecast, By Application, 2020 - 2028

                               9.3.10.   Italy

                                              9.3.10.1.   Introduction

                                              9.3.10.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              9.3.10.3.   Market Size and Forecast, By Drug Class, 2020 - 2028

                                              9.3.10.4.   Market Size and Forecast, By Type, 2020 - 2028

                                              9.3.10.5.   Market Size and Forecast, By Application, 2020 - 2028

                               9.3.11.   Rest Of Europe

                                              9.3.11.1.   Introduction

                                              9.3.11.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              9.3.11.3.   Market Size and Forecast, By Drug Class, 2020 - 2028

                                              9.3.11.4.   Market Size and Forecast, By Type, 2020 - 2028

                                              9.3.11.5.   Market Size and Forecast, By Application, 2020 - 2028

                     9.4.   Asia-Pacific

                               9.4.1.   Introduction

                               9.4.2.   Driving Factors, Opportunity Analyzed and Key Trends

                               9.4.3.   Market Size and Forecast, By Country, 2020 - 2028

                               9.4.4.   Market Size and Forecast, By Drug Class, 2020 - 2028

                               9.4.5.   Market Size and Forecast, By Type, 2020 - 2028

                               9.4.7.   Market Size and Forecast, By Application, 2020 - 2028

                               9.4.8.   China

                                              9.4.8.1.   Introduction

                                              9.4.8.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              9.4.8.3.   Market Size and Forecast, By Drug Class, 2020 - 2028

                                              9.4.8.4.   Market Size and Forecast, By Type, 2020 - 2028

                                              9.4.8.5.   Market Size and Forecast, By Application, 2020 - 2028

                               9.4.9.   India

                                              9.4.9.1.   Introduction

                                              9.4.9.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              9.4.9.3.   Market Size and Forecast, By Drug Class, 2020 - 2028

                                              9.4.9.4.   Market Size and Forecast, By Type, 2020 - 2028

                                              9.4.9.5.   Market Size and Forecast, By Application, 2020 - 2028

                               9.4.10.   Japan

                                              9.4.10.1.   Introduction

                                              9.4.10.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              9.4.10.3.   Market Size and Forecast, By Drug Class, 2020 - 2028

                                              9.4.10.4.   Market Size and Forecast, By Type, 2020 - 2028

                                              9.4.10.5.   Market Size and Forecast, By Application, 2020 - 2028

                               9.4.11.   South Korea

                                              9.4.11.1.   Introduction

                                              9.4.11.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              9.4.11.3.   Market Size and Forecast, By Drug Class, 2020 - 2028

                                              9.4.11.4.   Market Size and Forecast, By Type, 2020 - 2028

                                              9.4.11.5.   Market Size and Forecast, By Application, 2020 - 2028

                               9.4.12.   Rest Of Asia-Pacific

                                              9.4.11.1.   Introduction

                                              9.4.12.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              9.4.12.3.   Market Size and Forecast, By Drug Class, 2020 - 2028

                                              9.4.12.4.   Market Size and Forecast, By Type, 2020 - 2028

                                              9.4.12.5.   Market Size and Forecast, By Application, 2020 - 2028

                     9.5.   Rest Of The World (RoW)

                               9.5.1.   Introduction

                               9.5.2.   Driving Factors, Opportunity Analyzed and Key Trends

                               9.5.3.   Market Size and Forecast, By Drug Class, 2020 - 2028

                               9.5.4.   Market Size and Forecast, By Type, 2020 - 2028

                               9.5.5.   Market Size and Forecast, By Application, 2020 - 2028

                               9.5.6.   Market Size and Forecast, By Region, 2020 - 2028

                               9.5.7.   South America

                                              9.5.7.1.   Introduction

                                              9.5.7.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              9.5.7.3.   Market Size and Forecast, By Drug Class, 2020 - 2028

                                              9.5.7.4.   Market Size and Forecast, By Type, 2020 - 2028

                                              9.5.7.5.   Market Size and Forecast, By Application, 2020 - 2028

                               9.5.8.   Middle East & Africa

                                              9.5.8.1.   Introduction

                                              9.5.8.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              9.5.8.3.   Market Size and Forecast, By Drug Class, 2020 - 2028

                                              9.5.8.4.   Market Size and Forecast, By Type, 2020 - 2028

                                              9.5.8.5.   Market Size and Forecast, By Application, 2020 - 2028

Chapter 10.   Competitive Landscape

                     10.1.   Introduction

                     10.2.   Vendor Share Analysis, 2020/Key Players Positioning 2020

Chapter 11.   Company Profiles

                     11.1.   GlaxoSmithKline

                               11.1.1.   Business Overview

                               11.1.2.   Financial Analysis

                               11.1.3.   Product Portfolio

                               11.1.4.   Recent Development and Strategies Adopted

                               11.1.5.   SWOT Analysis

                     11.2.   AbbVie

                               11.2.1.   Business Overview

                               11.2.2.   Financial Analysis

                               11.2.3.   Product Portfolio

                               11.2.4.   Recent Development and Strategies Adopted

                               11.2.5.   SWOT Analysis

                     11.3.   Merck & Co., Inc.

                               11.3.1.   Business Overview

                               11.3.2.   Financial Analysis

                               11.3.3.   Product Portfolio

                               11.3.4.   Recent Development and Strategies Adopted

                               11.3.5.   SWOT Analysis

                     11.4.   Johnson & Johnson Services, Inc.

                               11.4.1.   Business Overview

                               11.4.2.   Financial Analysis

                               11.4.3.   Product Portfolio

                               11.4.4.   Recent Development and Strategies Adopted

                               11.4.5.   SWOT Analysis

                     11.5.   Bristol-Myers Squibb Company

                               11.5.1.   Business Overview

                               11.5.2.   Financial Analysis

                               11.5.3.   Product Portfolio

                               11.5.4.   Recent Development and Strategies Adopted

                               11.5.5.   SWOT Analysis

                     11.6.   Cipla Inc.

                               11.6.1.   Business Overview

                               11.6.2.   Financial Analysis

                               11.6.3.   Product Portfolio

                               11.6.4.   Recent Development and Strategies Adopted

                               11.6.5.   SWOT Analysis

                     11.7.   Aurobindo Pharma

                               11.7.1.   Business Overview

                               11.7.2.   Financial Analysis

                               11.7.3.   Product Portfolio

                               11.7.4.   Recent Development and Strategies Adopted

                               11.7.5.   SWOT Analysis

                     11.8.   Dr. Reddy’s Laboratories Ltd.

                               11.8.1.   Business Overview

                               11.8.2.   Financial Analysis

                               11.8.3.   Product Portfolio

                               11.8.4.   Recent Development and Strategies Adopted

                               11.8.5.   SWOT Analysis

                     11.9.   GlaxoSmithKline

                               11.9.1.   Business Overview

                               11.9.2.   Financial Analysis

                               11.9.3.   Product Portfolio

                               11.9.4.   Recent Development and Strategies Adopted

                               11.9.5.   SWOT Analysis

                     11.10.   F. Hoffmann-La Roche

                               11.10.1.   Business Overview

                               11.10.2.   Financial Analysis

                               11.10.3.   Product Portfolio

                               11.9.4.   Recent Development and Strategies Adopted

                               11.9.5.   SWOT Analysis

 

Chapter 12.   Key Takeaways

 

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Telmisartan Market Research Report: Information By Indication (Hypertension and Cardiovascular Risk Reduction), By Sales Channel (Hospital Pharmacies, Drug Stores and Retail Pharmacies, Online Pharmacies), and by Region — Forecast till 2033

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