Antiviral Drugs Market Outlook (2024-2031)
Antiviral drugs are medications used to treat infections caused by viruses. Unlike antibiotics, which target bacteria, antiviral drugs specifically inhibit the replication of viruses, helping to manage or reduce the severity of viral infections. They work by interfering with various stages of the viral life cycle, such as entry into host cells, replication, or assembly of new viral particles. These drugs are used to treat a range of viral infections, including influenza, HIV/AIDS, hepatitis, and herpes simplex
Antiviral Drugs Market Overview
Antiviral Drugs Market is expected to reach a CAGR of 2.3% during the forecast period 2024-2031
Antiviral drugs are medications specifically designed to treat viral infections. While many antiviral drugs target specific viruses, similar to how antibiotics target specific bacteria, there are also broad-spectrum antiviral drugs that are effective against a wide range of viruses.
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Antiviral Drugs Market Trends
The growth of the antiviral drugs market is primarily driven by the increasing incidence of viral infections. Additionally, advancements in research and development (R&D) and the introduction of newer, more advanced formulations, such as vaccines and combination therapies, are expected to further propel market growth during the forecast period.
The rise in viral infections and heightened R&D efforts are key factors driving this market. For example, the WHO reported approximately 35.3 million people globally living with HIV, highlighting the growing need for antiviral treatments. Furthermore, robust R&D activities are leading to the development of innovative treatments and formulations, which are crucial for market expansion.
In particular, the WHO data indicates that hepatitis B caused around 887,000 deaths in 2015 and that approximately 257 million people were living with hepatitis B virus (HBV) infection that year. This high prevalence underscores the demand for effective antiviral solutions, driving the need for continued development and availability of antiviral drugs.
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The Antiviral Drugs Market is segmented
By Drug Class: Reverse Transcriptase Inhibitors (Nucleoside Reverse transcriptase inhibitors (NRTIs), Non-nucleoside reverse transcriptase inhibitors (NNRTIs)), DNA Polymerase Inhibitors, Protease Inhibitors, Neuraminidase Inhibitors, Others
By Type: Branded, Generic
By Application: HIV, Hepatitis, Herpes, Influenza, Others
By End User: Hospitals, Clinics, Ambulatory Surgical Centers
By Region: North America, Latin America, Europe, Asia Pacific, Middle East, and Africa
Antiviral Drugs Companies
- Gilead Sciences
- F. Hoffmann-La Roche AG
- GlaxoSmithKline plc
- AbbVie
- Merck & Co., Inc.
- Johnson & Johnson Services, Inc.
- Bristol-Myers Squibb Company
- Cipla Inc.
- Aurobindo Pharma
- Dr. Reddy’s Laboratories Ltd
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