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| Global Antiviral Therapies Market Anticipated to Gather $66,016.5 Million and Grow at 3.1% CAGR in the 2020-2027 Forecast Period [208-Pages] | Details by Research Dive | ||
| By: PR Newswire Association LLC. - 27 Jan 2023 | Back to overview list |
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Antiviral therapies market is expected to grow by 2027 due to rising prevalence of viral infections worldwide. Hospital pharmacy sub-segment is predicted to be highly beneficial. Market in North America region is projected to be most progressive NEW YORK, Jan. 27, 2023 /PRNewswire/ -- Research Dive has added a new report to its offering titled, "Antiviral Therapies Market, by Drug Type (Herpes Antiviral Drugs, Hepatitis Antiviral Drugs, HIV Antiviral Drugs, Influenza Antiviral Drugs, Others), Distribution Channel (Hospital Pharmacy, Independent Pharmacy & Drug Stores, Online Pharmacy), Regional Analysis (North America, Europe, Asia-Pacific, LAMEA): Global Opportunity Analysis and Industry Forecast, 2020–2027".  According to the report, the global antiviral therapies market is anticipated to gather a revenue of $66,016.5 million and grow at 3.1% CAGR during the forecast period 2020-2027. Dynamics of the Market Drivers: The growing prevalence of viral infections like herpes, hepatitis C, and others along with the rising demand for antiviral drugs for HIV treatment are the two major driving factors for the global antiviral therapies market during the forecast period. Moreover, according to the World Health Organization (WHO), about 71 million people have hepatitis C viral infection who might develop cirrhosis or liver cancer which is estimated to further boost the market growth by 2027. Opportunities: The extensive incorporation of nanotechnology into antiviral drug designs and development for producing cost-effective drugs is the major factor to create ample growth opportunities for the global antiviral therapies market during the analysis timeframe. Restraints: High cost of antiviral therapies is the main hindering factor for the market growth. To Request a Complete PDF Sample of Antiviral Therapies Market, Click Here! Covid-19 Impact on the Market The global antiviral therapies market has been positively impacted by the covid-19 outbreak mainly due to surging R&D activities and huge investments by governments to find a suitable cure for corona virus treatment along with rising adoption of advanced technologies for manufacturing cost-effective drugs. Additionally, the severe symptoms of corona virus feared the people and motivated them even further to take up booster vaccinations and other antiviral treatments to save themselves. Furthermore, increasing strategic alliances like collaborations and product launches among key market players to curb the virus spread also contributed to the market's immense growth amid the pandemic stress. Segments of the Market The report has divided the global antiviral therapies market into multiple segments based on drug type, distribution channel, and regional analysis.
Significant Market Players Some significant antiviral therapies market players are
These key players are undertaking various strategies such as product development and enhancement, merger and acquisition, partnerships and collaborations to sustain the market growth. For example, in August 2020, Abbott, a medical device organization, launched a new antiviral drug called 'Favipiravir' which has been approved under the emergency conditions of Covid-19 pandemic. This strategic product launch by Abbott amid the covid-19 catastrophe strengthened its market position even further. Antiviral Therapies Market Report data as per your Format and Definition & Avail 10%OFF The report also summarizes many important facets including financial performance of the key market players, SWOT analysis, product portfolio, and the latest strategic developments. More about Antiviral Therapies Market:
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About Research Dive Research Dive is a market research firm based in Pune, India. Maintaining the integrity and authenticity of the services, the firm provides the services that are solely based on its exclusive data model, compelled by the 360-degree research methodology, which guarantees comprehensive and accurate analysis. With an unprecedented access to several paid data resources, team of expert researchers, and strict work ethic, the firm offers insights that are extremely precise and reliable. Scrutinizing relevant news releases, government publications, decades of trade data, and technical & white papers, Research dive deliver the required services to its clients well within the required timeframe. Its expertise is focused on examining niche markets, targeting its major driving factors, and spotting threatening hindrances. Complementarily, it also has a seamless collaboration with the major industry aficionado that further offers its research an edge. Contact: Mr. Abhishek Paliwal Logo: https://mma.prnewswire.com/media/997523/Research_Dive_Logo.jpg 
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