[192 Pages Report] The Antiviral Therapeutics Market size was estimated at USD 75.53 billion in 2023 and expected to reach USD 82.01 billion in 2024, at a CAGR 8.28% to reach USD 131.82 billion by 2030.
Antiviral therapeutics are therapeutics specifically designed to target viral pathogens and inhibit their replication, thereby alleviating the symptoms and spread of viral diseases. Antiviral drugs are used in various healthcare settings, ranging from hospitals to specialty clinics and home care. They are prescribed for the treatment of diverse viral infections, including influenza, hepatitis, Human Immunodeficiency Virus (HIV), Herpes Simplex Virus (HSV), and the recent SARS-CoV-2. The rising prevalence of various chronic and viral diseases worldwide is expanding the need for antiviral therapeutics. Growing pharmaceutical research and development activities with increasing healthcare expenditure are driving the growth of the antiviral therapeutics market. Side effects associated with antiviral drugs high cost of development of medication hampers the growth of antiviral therapeutics. Growing research and development activities to develop antiviral therapeutics by market vendors are expected to create opportunities for market growth.
Drug: Growing usage of influenza antiviral drugs are used to treat and prevent influenza.
Hepatitis antiviral drugs are designed to target hepatitis viruses such as HBV (Hepatitis B virus) and HCV (Hepatitis C virus). These drugs are essential for treating chronic hepatitis infections, which can lead to serious liver damage and hepatocellular carcinoma. Medications in this category include nucleoside/nucleotide analogs for HBV and direct-acting antivirals (DAAs) for HCV. Herpes antiviral drugs target the herpes simplex virus (HSV-1 and HSV-2) and varicella-zoster virus (VZV), which causes chickenpox and shingles. These medications, such as acyclovir, valacyclovir, and famciclovir, are critical in managing outbreaks, reducing viral shedding, and decreasing the duration and severity of symptoms. HIV antiviral drugs are a combination of therapies known as antiretroviral therapy (ART), which help manage HIV infection. These drugs do not cure HIV but suppress the virus’s replication, thereby improving the quality of life and reducing the risk of HIV transmission. Classes of ART drugs include reverse transcriptase inhibitors, protease inhibitors, integrase inhibitors, and entry inhibitors. Influenza antiviral drugs are used to treat and prevent influenza. These drugs can lessen the symptoms and reduce the time someone is sick by 1-2 days. They can also reduce the severity of the disease and prevent complications such as pneumonia.
Therapy: Rising inclination towards DNA polymerase inhibitors for the management of HSV and VZV
DNA polymerase inhibitors are a class of antiviral drugs designed to block the viral DNA polymerase enzyme, which is essential for viral DNA replication. These agents are particularly significant in the treatment of herpesviruses and certain hepadnaviruses, such as the hepatitis B virus. Their need-based preference is most pronounced among patients who require treatment for conditions including herpes simplex virus (HSV) infections and varicella-zoster virus (VZV), which causes chickenpox and shingles. Neuraminidase inhibitors target the neuraminidase enzyme, which is critical for the release and spread of the influenza virus. They are commonly prescribed for both the treatment and prevention of influenza A and B. The preference for these drugs increases during flu season and in pandemic preparedness scenarios, as they can significantly reduce the severity and duration of flu symptoms if administered promptly. Protease inhibitors disrupt the protease enzyme, which is essential for the maturation of many viruses, including HIV and hepatitis C virus (HCV). This class of drugs is a mainstay in the treatment of HIV/AIDS as part of highly active antiretroviral therapy (HAART) and has gained prominence in the treatment of HCV. Reverse transcriptase inhibitors are antiviral drugs that interfere with the reverse transcriptase enzyme, a key player in the replication of retroviruses, including HIV. Preferences for these medications are especially high in the management of HIV infections to prevent the virus from multiplying and to reduce the viral load to undetectable levels.
Distribution: Growing adoption of online pharmacy with the rising digital transformation initiatives
Hospital pharmacies represent a vital distribution channel for antiviral therapeutics, focusing primarily on inpatient care. These establishments are integral in managing the immediate and acute antiviral needs of patients. Their inventory favors antivirals that are used for emergent, high-priority, or highly regulated treatments that might not be readily available in the retail sector. Hospital pharmacies typically negotiate directly with manufacturers or through group purchasing organizations (GPOs) to obtain favorable pricing. Independent pharmacies and drug stores cater to community health needs and often provide personalized services. These establishments are important for the distribution of antiviral medications that are commonly prescribed for widespread conditions including, influenza or herpes. Independent pharmacies provide a more localized distribution network and may offer competitive options for antiviral acquisition, including generic alternatives, compared to larger chain pharmacies. The adoption of online pharmacy services has been accelerated by the digital transformation and the need for convenient access to medications, including antivirals. Online pharmacies offer doorstep delivery, privacy, and often competitive pricing. They serve a growing population comfortable with e-commerce and seeking to avoid traveling to physical stores, particularly during viral outbreaks.
Regional Insights
In the Americas, the antiviral therapeutics market is highly developing due to the presence of major pharmaceutical companies, advanced healthcare infrastructure, and a high prevalence of viral infections. Innovative treatment regimens and a strong focus on research & development (R&D) have been catalyzed by significant investment from both the public and private sectors. European Union (EU) countries collectively represent a significant market, with overarching regulations governed by the European Medicines Agency (EMA). High standards of healthcare and a relatively wealthy population translate to a strong consumer need for the latest therapeutic options. The prevalence of universal health coverage across many EU countries means that purchasing behavior is largely determined by regulatory endorsements and national health care policies. The Middle East and Africa (MEA) presents a diverse market with varying degrees of access to healthcare. Wealthier nations in the Middle East have the financial resources to invest in modern therapeutics, while many African countries face significant barriers to access. Asia-Pacific region is rapidly expanding its presence in the antiviral therapeutics market, marked by increasing investment in pharmaceutical R&D and a large population base requiring medical treatment. The growing availability of local manufacturing and government initiatives in the region to improve healthcare access is driving market growth in Asia-Pacific.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Antiviral Therapeutics Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Antiviral Therapeutics Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Antiviral Therapeutics Market, highlighting leading vendors and their innovative profiles. These include Abbott Laboratories, AbbVie Inc., Alkem Laboratories Limited, AstraZeneca PLC, Atea Pharmaceuticals, Inc., Aurobindo Pharma Limited, Bristol-Myers Squibb Company, Cipla Ltd., Cocrystal Pharma, Inc., Daiichi Sankyo Company, Ltd., Dr. Reddy’s Laboratories Ltd., Eli Lilly and Company, F. Hoffmann-La Roche Ltd, Gilead Sciences, Inc., GlaxoSmithKline PLC, Hetero Labs Limited, Johnson & Johnson Services Inc., Merck & Co., Inc., Novartis AG, Pfizer Inc., Sanofi S.A., Sun Pharmaceutical Industries Limited, Syngene International Limited, Takeda Pharmaceutical Company Limited, Themis Medicare Ltd., Venatorx Pharmaceuticals, Inc., Viatris Inc., and Zydus Lifesciences Limited.
Market Segmentation & Coverage
This research report categorizes the Antiviral Therapeutics Market to forecast the revenues and analyze trends in each of the following sub-markets:
- Drug
- Hepatitis Antiviral Drug
- Herpes Antiviral Drug
- HIV Antiviral Drug
- Influenza Antiviral Drug
- Therapy
- DNA Polymerase Inhibitors
- Non-nucleosides
- Purine Nucleoside Analogues
- Pyrimidine Nucleoside Analogues
- Neuraminidase Inhibitors
- Protease Inhibitors
- Reverse Transcriptase Inhibitors
- Nonnucleoside RTIs
- Nucleoside RTIs
- Nucleotide RTIs
- DNA Polymerase Inhibitors
- Distribution
- Hospital Pharmacy
- Independent Pharmacy & Drug Store
- Online Pharmacy
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
- Americas
The report offers valuable insights on the following aspects:
- Market Penetration: It presents comprehensive information on the market provided by key players.
- Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
- Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
- Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
- Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
- What is the market size and forecast of the Antiviral Therapeutics Market?
- Which products, segments, applications, and areas should one consider investing in over the forecast period in the Antiviral Therapeutics Market?
- What are the technology trends and regulatory frameworks in the Antiviral Therapeutics Market?
- What is the market share of the leading vendors in the Antiviral Therapeutics Market?
- Which modes and strategic moves are suitable for entering the Antiviral Therapeutics Market?
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