Antiviral Drugs Market

Antiviral Drugs Market

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raksha

Author :

Raksha Sharma

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Vineet Pandey

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Editor :

Vishal Golekar

Antiviral Drugs Market Outlook 2031

The global antiviral drugs market size was valued at USD 40.95 Billion in 2022 and likely reach to USD 54.37 Billion by 2031expanding at a CAGR of 3.2%  during the forecast period, 2023–2031. The growth of the market is attributed to the increasing geriatric population and increasing demand for efficient treatment of human immunodeficiency virus (HIV) infections.

Antiviral drugs are prescription medicines (pills, liquid, inhaled powder, or intravenous solution) that combat flu viruses in your body. Antiviral drugs are not available over-the-counter. They can only be obtained with a prescription from a medical professional. Antiviral drugs are not the same as antibiotics, which are used to treat bacterial infections.

Antiviral Drugs Market Outlook

The majority of antiviral drugs now in the market are intended to treat HIV, herpes viruses, SARS-CoV-2, hepatitis B and C viruses, and influenza A and B viruses. Antivirals are being developed for various disease families, according to researchers. viruses reproduce in the host's cells, therefore it's tough to create safe and efficient antiviral drugs.

This makes it challenging to develop drug targets that will interfere with the virus without damaging the cells of the host organism. Furthermore, viral diversity is a key hindrance in the development of vaccines and antiviral drugs.
Patients who are at a higher risk of developing complications, have a severe illness, or are experiencing worsening symptoms should get treatment as soon as possible.

Antiviral Drugs Market Trends, Drivers, Restraints, and Opportunities

  • Increasing prevalence of diseases such as human immunodeficiency virus (HIV), hepatitis, and influenza are projected to drive the market growth during the forecast year.
  • Increasing geriatric population worldwide is anticipated to boost the market growth during the forecast period.
  • Increasing advancements in epidemiology and increased awareness of viral diseases among people around the world are the factors boosting the market growth during the forecast period.
  • High cost of drug development is projected to restrict the market growth.
  • Increasing preventative measures for various diseases are anticipated to impede the market growth during the forecast period.
  • Increasing demand for alternative treatments such as naturopathy and homeopathy are anticipated to hamper the market growth in the forecast period.
  • Increasing emphasis on R&D for the development of new treatments, medicine, and technology such as vaccines and combination therapies are expected to offer lucrative opportunities for the market players.

Scope of Antiviral Drugs Market Report

The report on the global antiviral drugs market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Antiviral drugs Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Drug Class (DNA Polymerase Inhibitors, Reverse Transcriptase Inhibitors, Protease Inhibitors, Neuraminidase Inhibitors, and Others), Type (Branded and Generic), Application (HIV, Hepatitis, Herpes, Influenza, and Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

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; and Dr. Reddy’s Laboratories Ltd.

Antiviral Drugs Market Segment Insights

Reverse transcriptase inhibitors segment is expected to account for a key share of the market

Based on drug class, the antiviral drugs market is segmented into DNA polymerase inhibitors, reverse transcriptase inhibitors, protease inhibitors, neuraminidase inhibitors, and others. The reverse transcriptase inhibitors segment is expected to account for a key share of the market during the forecast period owing to its effectiveness in preventing the viral infection or slowing it down.

Nucleoside reverse transcriptase inhibitors (NRTIs) and non-nucleoside reverse transcriptase inhibitors are two types of reverse transcriptase inhibitors (NNRTIs). Zidovudine, Stavudine, Zalcitabine, Efavirenz, Nevirapine, Etravirine, and Didanosine are some of the drugs used to treat HIV.

Antiviral Drugs Market Drug Class

Branded segment is expected to constitute a key share of the market

Based on type, the antiviral drugs market is bifurcated into branded and generic. The branded segment is expected to constitute a key share of the market during the forecast period due to it is being associated as safer and effective medication compared to generic medication.

On the other hand, the generic segment is anticipated to expand at a rapid pace during the forecast period owing to its increasing application in developing countries and expiry of patent of some branded products. Furthermore, a number of companies, including Cipla Inc., Aurobindo Pharma, and Dr. Reddy's Laboratories Ltd., focus on producing generic medications at lower prices.

Hepatitis segment is expected to represent a key share of the market

Based on application, the antiviral drugs market is segmented into HIV, hepatitis, herpes, influenza, and others. The hepatitis segment is expected to represent a key share of the market during the forecast period owing to availability of various antiviral drugs such as entecavir, tenofovir, lamivudine, telbivudine, and adefovir. Antiviral medicine demand is projected to rise as the number of cases of hepatitis increases.

On the other hand, the HIV segment is anticipated to expand at a rapid pace during the forecast period due to rising incidence of HIV and, in certain cases, the resulting development of AIDS, as well as the development of a strong pipeline of antiviral medications for HIV therapy.

Antiviral Drugs Market Application

Antiviral Drugs Market Regional Outlook

North America is anticipated to dominate the market

On the basis of regions, the antiviral drugs market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is anticipated to dominate the market at an impressive CAGR during the forecast period. The regional market growth can be attributed to presence of key players in the region, the availability of advanced healthcare infrastructure, and increasing awareness.

On the other hand, Asia Pacific is expected to exhibit a rapid growth rate in the coming years owing to increasing patient population, improved economic stability, and the presence of a large and established generic medication industry.

Antiviral Drugs Market Region

Segments

 

Drug Class

  • DNA Polymerase Inhibitors
  • Reverse Transcriptase Inhibitors
  • Protease Inhibitors
  • Neuraminidase Inhibitors
  • Others

Type

  • Branded
  • Generic

Application

  • HIV
  • Hepatitis
  • Herpes
  • Influenza
  • Others

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • 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.

Competitive Landscape

Key players competing in the antiviral drugs market are 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; and Dr. Reddy’s Laboratories Ltd. Some of the key business strategies employed by the companies includes mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.

For example, in May 2020, Cipla and Gilead Sciences formed a strategic collaboration to develop and market an investigational medicine for the treatment of COVID-19 patients.

For example, in June 2019, Cidara Therapeutics Inc., a biotechnology firm focusing on developing innovative anti-infectives, released new findings from trials of CB-012, its Cloudbreak antiviral Fc-conjugate (AVC) candidate for influenza. In the forecast period, the innovative product launches from this strong pipeline are expected to boost market growth.

Antiviral Drugs Market Key Players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Antiviral Drugs Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Antiviral Drugs Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Antiviral Drugs Market - Supply Chain
  4.5. Global Antiviral Drugs Market Forecast
     4.5.1. Antiviral Drugs Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Antiviral Drugs Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Antiviral Drugs Market Absolute $ Opportunity
5. Global Antiviral Drugs Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Antiviral Drugs Market Size and Volume Forecast by Types
     5.3.1. Branded
     5.3.2. Generic
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Antiviral Drugs Market Analysis and Forecast by Applications
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Applications
     6.2.2. Y-o-Y Growth Projections by Applications
  6.3. Antiviral Drugs Market Size and Volume Forecast by Applications
     6.3.1. HIV
     6.3.2. Hepatitis
     6.3.3. Herpes
     6.3.4. Influenza
     6.3.5. Others
  6.4. Absolute $ Opportunity Assessment by Applications
  6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Antiviral Drugs Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Antiviral Drugs Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Antiviral Drugs Demand Share Forecast, 2019-2026
8. North America Antiviral Drugs Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Antiviral Drugs Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Antiviral Drugs Market Size and Volume Forecast by Types
     8.4.1. Branded
     8.4.2. Generic
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. North America Antiviral Drugs Market Size and Volume Forecast by Applications
     8.7.1. HIV
     8.7.2. Hepatitis
     8.7.3. Herpes
     8.7.4. Influenza
     8.7.5. Others
  8.8. Basis Point Share (BPS) Analysis by Applications
  8.9. Y-o-Y Growth Projections by Applications
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Antiviral Drugs Demand Share Forecast, 2019-2026
9. Latin America Antiviral Drugs Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Antiviral Drugs Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Antiviral Drugs Market Size and Volume Forecast by Types
     9.4.1. Branded
     9.4.2. Generic
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Latin America Antiviral Drugs Market Size and Volume Forecast by Applications
     9.7.1. HIV
     9.7.2. Hepatitis
     9.7.3. Herpes
     9.7.4. Influenza
     9.7.5. Others
  9.8. Basis Point Share (BPS) Analysis by Applications
  9.9. Y-o-Y Growth Projections by Applications
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Antiviral Drugs Demand Share Forecast, 2019-2026
10. Europe Antiviral Drugs Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe Antiviral Drugs Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Antiviral Drugs Market Size and Volume Forecast by Types
     10.4.1. Branded
     10.4.2. Generic
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Europe Antiviral Drugs Market Size and Volume Forecast by Applications
     10.7.1. HIV
     10.7.2. Hepatitis
     10.7.3. Herpes
     10.7.4. Influenza
     10.7.5. Others
  10.8. Basis Point Share (BPS) Analysis by Applications
  10.9. Y-o-Y Growth Projections by Applications
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Antiviral Drugs Demand Share Forecast, 2019-2026
11. Asia Pacific Antiviral Drugs Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Antiviral Drugs Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Antiviral Drugs Market Size and Volume Forecast by Types
     11.4.1. Branded
     11.4.2. Generic
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Asia Pacific Antiviral Drugs Market Size and Volume Forecast by Applications
     11.7.1. HIV
     11.7.2. Hepatitis
     11.7.3. Herpes
     11.7.4. Influenza
     11.7.5. Others
  11.8. Basis Point Share (BPS) Analysis by Applications
  11.9. Y-o-Y Growth Projections by Applications
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Antiviral Drugs Demand Share Forecast, 2019-2026
12. Middle East & Africa Antiviral Drugs Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Antiviral Drugs Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Antiviral Drugs Market Size and Volume Forecast by Types
     12.4.1. Branded
     12.4.2. Generic
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa Antiviral Drugs Market Size and Volume Forecast by Applications
     12.7.1. HIV
     12.7.2. Hepatitis
     12.7.3. Herpes
     12.7.4. Influenza
     12.7.5. Others
  12.8. Basis Point Share (BPS) Analysis by Applications
  12.9. Y-o-Y Growth Projections by Applications
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Antiviral Drugs Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Antiviral Drugs Market: Market Share Analysis
  13.2. Antiviral Drugs Distributors and Customers
  13.3. Antiviral Drugs Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. Gilead Sciences
     13.4.2. F. Hoffmann-La Roche AG
     13.4.3. GlaxoSmithKline plc
     13.4.4. AbbVie
     13.4.5. Merck & Co., Inc.
     13.4.6. Johnson & Johnson Services, Inc.
     13.4.7. Bristol-Myers Squibb Company
     13.4.8. Cipla Inc

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