Global Anti-viral drugs Market Information, by application (hepatitis, HIV/AIDS, herpes, influenza and others) and by mechanism of action (nucleotide polymerase inhibitors, reverse transcriptase inhibitors, protease inhibitors and others) - Forecast to 2022
The global anti-viral drugs market is expected to exhibit a robust 6.9% CAGR over the forecast period from 2016 to 2022, according to the latest research report from Market Research Future (MRFR). The global anti-viral drugs market is mainly driven by the growing investment in healthcare channels, including research and development. The growing coronavirus pandemic has also been a major driver for the global anti-viral drugs market.
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Viruses are life forms that inhabit a host and multiply in the host’s body, causing a wide range of diseases. Anti-viral drugs are drugs specifically made to counter specific viruses. The growing threat of viral diseases around the world has been the major driver for the global anti-viral drugs market. The increasing prevalence of coronavirus or COVID-19 has driven steady investment in the anti-viral drugs market in order to find effective cures for the disease. This is likely to remain a major driver for the global anti-viral drugs market over the coming months. Governments as well as private organizations around the world have come together around the world to find effective cures against coronavirus, as steady investment is needed in order to fund effective research into the development of effective cures for the disease. This is likely to drive the global anti-viral drugs market over the forecast period.
The growing prevalence of HIV-AIDS is also likely to be a major driver for the global anti-viral drugs market over the forecast period. Due to the absence of effective contraceptives, AIDS has become a major healthcare threat around the world, especially in developing countries in Africa and Latin America. This is likely to remain a major driver for the global anti-viral drugs market over the forecast period.
Competitive Leaderboard:
Leading players in the global anti-viral drugs market include Cipla Inc., AstraZeneca AB, Novartis International AG, Abbott Laboratories, GSK plc, F. Hoffman-La Roche Ltd., Gilead Sciences Inc., Merck & Co. Inc., and Johnson & Johnson. Major players in the global anti-viral drugs market are likely to focus on research and development in the coming years in order to produce effective drugs for antiviral therapy. Coronavirus has also become a major target for players in the anti-viral drugs market, as the number of cases of coronavirus around the world is increasing at a steady rate.
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Anti-viral drugs Market Segmentation:
The global anti-viral drugs market is segmented on the basis of application, mechanism of action, and region.
By application, the global anti-viral drugs market is segmented into hepatitis, HIV-AIDS, herpes, influenza, and others. Hepatitis and HIV-AIDS are likely to hold dominant shares in the global anti-viral drugs market over the forecast period. Hepatitis is a major concern in Africa, where the absence of capable healthcare channels and funding has resulted in a growing prevalence of the disease.
By mechanism of action, the global anti-viral drugs market is segmented into nucleotide polymerase inhibitors, reverse transcriptase inhibitors, protease inhibitors, and others.
Anti-viral drugs Market Regional Analysis:
The Americas dominate the global anti-viral drugs market due to the strong presence of major healthcare industry players in North America, including the U.S. and Canada. The presence of leading market players in North America has resulted in a strong presence of research and development channels in the region, leading to a steady output of effective anti-viral drugs. North America is home to several large hospitals, which increases the prospects for drug makers, as strong distribution mechanisms are already in place in the region. The growing concern regarding COVID-19 in the region is also likely to be a major driver for the anti-viral drugs market in North America, as the U.S. has the leading number of COVID-19 patients in the world.
Europe has the second largest share in the global anti-viral drugs market and is likely to remain an important regional segment of the market due to the presence of several leading players in the market. Asia Pacific is expected to exhibit the highest growth rate in the global anti-viral drugs market over the forecast period.
Table Of Contents
1 Introduction
1.1 Definition
1.2 Scope Of Study
1.3 Research Objective
1.4 Assumptions & Limitations
1.5 Market Structure:
2 Research Methodology
2.1 Research Process
2.2 Primary Research
2.3 Secondary Research
3 Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
3.5 Macroeconomic Indicators
4 Market Factor Analysis
4.1 Porter’s Five Forces Model
4.1.1 Bargaining Power Of Suppliers
4.1.2 Bargaining Power Of Customer
4.1.3 Intensity Of Competitor’s
4.1.4 Threat Of New Entrants
5 Global Anti-Viral Drugs Market, By Application
5.1 Introduction
5.1.1 Hepatitis
5.1.2 HIV/AIDS
5.1.3 Herpes
5.1.4 Influenza
5.1.5 Others
6 Global Anti-Viral Drugs Market, By Mechanism Of Action
Continued...
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