The Global Antiviral Drugs Market is set to gain impetus from the improvements in research collaborations of industry giants to develop state-of-the-art therapeutics. Besides, the increasing prevalence of viral diseases would impact the market positively. Fortune Business Insights™ published this information in a recent study, titled, “Antiviral Drugs Market Size, Share & Industry Analysis, By Drug Class (Protease Inhibitors, Polymerase Inhibitors, Integrase Inhibitors, Combination Drugs, Reverse Transcriptase Inhibitors, and Others), By Disease Indication (Hepatitis, Human Immunodeficiency Virus (HIV), Influenza, and Others), By Distribution Channel (Hospital Pharmacy, Retail Pharmacy, and Online Channel) and Regional Forecast, 2019-2026.” The study further mentions that the antiviral drugs market size is projected to reach USD 44.2 billion by 2026, thereby exhibiting a CAGR of 3.2% during the forecast period. However, it stood at USD 36.1 billion in 2018.
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Highlights of the Report
Extensive analysis of the antiviral drugs market trends, growth drivers, hindrances, opportunities, and challenges.
Profiles of the key organizations and their business strategies.
Quantitative analysis from 2019 to 2026 to help the stakeholders in capitalizing on the existing opportunities.
Detailed information about every possible segment present in the market.
Fortune Business Insights™ profiles some of the most prominent companies operating in the antiviral drugs market. They are as follows:
Abbvie, Inc.
Novartis AG
Gilead Sciences
Mylan N.V.
GlaxoSmithKline
Merck & Co., Inc.
Janssen Pharmaceuticals, Inc.
Bristol-Myers Squibb Company
Other key market players
High Demand for Targeted & Specific Treatment Regimen to Boost Growth
One of the most common forms of viral infection that is occurring across the world is HIV. The diagnosis rate of HIV is improving gradually owing to the refinement of surveillance by using biological and demographic data. The World Health Organization (WHO) stated that in the year 2018, approximately 37.9 million people were affected by HIV. However, around 770,000 people died of this disease. It proves that the rising cases of HIV is fueling the demand for specific and targeted treatment regimen. Apart from that, the rising prevalence of influenza and its efficient diagnosis are set to drive the antiviral drugs market growth in the coming years.
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Study by FSU Aid in Battling HIV & Hepatitis B; Gilead Submits sNDA Application to FDA
Key enterprises present in the market are constantly striving to bring about new treatment options for the patients suffering from viral infections. They are aiming to gain the maximum antiviral drugs market share by bagging FDA approvals to broaden product portfolio. Educational institutions are also actively participating in conducting studies to discover new drugs. Below are two of the latest industry developments:
January 2020: The researchers of Florida State University (FSU) are set to open new doors for innovative treatment options for more than 36 million HIV-infected people across the globe. The new treatment options would also help treating the chronically ill patients with hepatitis B. For the first time, their work has established the mechanism accountable for how two antiviral drugs inhibit viruses.
April 2019: Gilead Sciences, Inc., a biotechnology company that researches, develops, and commercializes drugs, based in California, announced its submission of a supplemental New Drug Application (sNDA) to the FDA. It was done for its emtricitabine 200 mg and tenofovir alafenamide 25 mg tablets called Descovy for pre-exposure prophylaxis (PrEP) to prevent sexually transmitted HIV-1 infection in those who are at risk.
TOC of Antiviral Drugs Market:
Introduction
Research Scope
Market Segmentation
Research Methodology
Definitions and Assumptions
Executive Summary
Market Dynamics
Market Drivers
Market Restraints
Market Opportunities
Key Insights
Key Industry Trends
Recent industry developments such as mergers & acquisitions
regulatory and reimbursement scenario for key countries
Prevalence of Key viral diseases, in major countries, 2018
New Product Launches
Global Antiviral Drugs Market Analysis, Insights and Forecast, 2015-2026
Key Findings / Summary
Market Analysis, Insights and Forecast – By Disease Indication
Hepatitis
Human Immunodeficiency Virus (HIV)
Influenza
Others
Market Analysis, Insights and Forecast – By Drug Class
Integrase Inhibitors
Polymerase Inhibitors
Protease Inhibitors
Combination Drugs
Reverse Transcriptase Inhibitors
Others
Market Analysis, Insights and Forecast – By Distribution Channel
Hospital Pharmacy
Retail Pharmacy
Online Channel
Market Analysis, Insights and Forecast – By Region
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
North America Antiviral Drugs Market Analysis, Insights and Forecast, 2015-2026
Key Findings / Summary
Market Analysis – By Disease Indication
Hepatitis
Human Immunodeficiency Virus (HIV)
Influenza
Others
Market Analysis – By Drug Class
Integrase Inhibitors
Polymerase Inhibitors
Protease Inhibitors
Combination Drugs
Reverse Transcriptase Inhibitors
Others
Market Analysis – By Distribution Channel
Hospital Pharmacy
Retail Pharmacy
Online Channel
Market Analysis – By Country
U.S.
Canada
Europe Antiviral Drugs Market Analysis, Insights and Forecast, 2015-2026
Key Findings / Summary
Market Analysis – By Disease Indication
Hepatitis
Human Immunodeficiency Virus (HIV)
Influenza
Others
Market Analysis – By Drug Class
Integrase Inhibitors
Polymerase Inhibitors
Protease Inhibitors
Combination Drugs
Reverse Transcriptase Inhibitors
Others
Market Analysis – By Distribution Channel
Hospital Pharmacy
Retail Pharmacy
Online Channel
Market Analysis – By Country/Sub-region
U.K.
Germany
France
Spain
Italy
Scandinavia
Rest of Europe
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