Infinium Global Research Antiviral Drugs Market | Page 2

A latest report has been added to the wide database of Antiviral Drugs Market by Infinium Global Research. This report
studies the Antiviral Drugs Market by drug type (drugs and generic drugs), therapeutics(HIV/AIDS therapeutics, hepatitis (B&C)
therapeutics, herpes therapeutics, influenza therapeutics and others) market status and outlook of global and major regions,
from manufacturers, and end industries. The objective of the study is to identify market sizes of different segments &
countries in recent years and to forecast the values for the next six years. Antiviral Drugs Market provides opportunities in
micro markets for stakeholders to invest along with the detailed analysis of competitive landscape, latest trends, and product
offerings of the major companies in the Antiviral Drugs Market. According to the report the Global Antiviral Drugs Market is
projected to grow at a CAGR between 4.0 % to 4.5 % in terms of value over the period of 2017-2023.
Market Insights
Global antiviral drugs market has grown moderately over the past few years, but during the forecast period this market likely
to have healthy gains. As of 2023, as per the WHO 35.3 Mn people were infected with HIV globally, hence increased in viral
infection incidences considered as one of the strong driving force in this market. Due to which robust R&D activities, advanced
treatments and formulations such as vaccines, combination therapy, and others introduced in the market. Moreover, Strong
research and development activities have led to introduction of new drugs with better efficacy and less side effects thereby
contributing significantly in the global growth. On the other hand, High risk of failure, higher cost associated with research and
development activities, and stringent government regulations are the major growth barriers inhibiting global growth of this
market.
Increasing incidences of epidemics in viral infections such as influenza, respiratory syncytial virus and others anticipated to
provide massive growth opportunities for this market over the forecast period. Whereas, High cost associated with
development of new drugs and usage of natural products will pose as major challenge in front of this market.
Segments Covered:
The report segments the global antiviral drugs market by drug type, by therapeutics, by end user, and by region. The market
size of each segment has been provided in terms of value (USD) and volume (tons). Market segmentation based on type
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