Oral Antiviral Market By Indication (Hepatitis, Human Immunodeficiency Virus (HIV), Influenza, Others), By Drug class (Protease inhibitors, Reverse transcriptase inhibitors, Others), By Distribution channel (Hospital pharmacies, Drug store and retail pharmacies, Online providers): Global Opportunity Analysis and Industry Forecast, 2021-2031
The oral antiviral market size valued for $35,213.48 million in 2021 and is estimated to reach $43,394.00 million by 2031, exhibiting a CAGR of 2.1% from 2022 to 2031.
Antiviral drugs are a class of medicines particularly used for the treatment of viral infections. Specific antiviral drugs are used for treating specific type of viruses. Oral antiviral agents are medications that are taken by mouth to treat viral infections. In addition, antiviral drugs, unlike the most antibiotics, do not destroy their target pathogens; rather inhibit their development. Further, these drugs work by interfering with various stages of the viral life cycle, such as replication or assembly, reduce the severity and duration of symptoms, as well as reduce the spread of the virus to others. Moreover, many oral antiviral drugs are approved and available for treating viral infections such as baloxavir marboxil & zanamivir for influenza, ledipasvir-sofosbuvir for hepatitis and darunavir & lamivudine for human immunodeficiency virus (HIV).
The driving factors for oral antiviral market are rise in prevalence of viral infections such as influenza, human immunodeficiency virus (HIV) and hepatitis. For instance, according to the report of the Centers for Disease Control and Prevention (CDC) 2022, 9 million cases of influenza were reported, with 4 million medical visits and 10,000 hospitalizations. Thus, a rise in prevalence of influenza is expected to drive the growth of the market. In addition, rise in prevalence of hepatitis and herpes cases across the globe is anticipated to drive the growth of market. Further, increase in number of pipeline medications for treating viral infections that is anticipated to receive regulatory approval in the upcoming years; thus, driving the growth of market.
Furthermore, rise in initiatives by non-government & government organizations to increase awareness about the viral diseases and available oral treatment among the patients through different programs and campaigns is predicted to boost the growth of the market. In addition, rise in adoption of advanced technologies to diagnose viral diseases and awareness about the importance of early diagnosis of viral infections such as hepatitis and human immunodeficiency virus (HIV) is anticipated to boost the market growth. Furthermore, many key players have adopted key strategies such as collaboration, agreement, or alliance to increase their market presence in the global oral antiviral market, which is expected to drive the growth of the market.
However, factors such as the high cost of oral antivirals might restrain the growth of oral antiviral market. In addition, availability of vaccines for viral diseases such as influenza, hepatitis, human papillomavirus (HPV) and herpes is expected to hamper the growth of market. Moreover, rise in demand of novel therapeutics for treating viral infections and rise in regulatory approvals for antiviral drugs is expected to offer lucrative opportunities to key players of market.
The global oral antiviral market is segmented into indication, drug class, distribution channel, and region. On the basis of indication, the market is categorized into hepatitis, human immunodeficiency virus (HIV), influenza and others. On the basis of drug class, the market is categorized into protease inhibitors, reverse transcriptase inhibitors and others. On the basis of distribution channel, the market is segregated into hospital pharmacies, drug stores and retail pharmacies and online providers. Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, and rest of Europe), Asia-Pacific (Japan, China, Australia, India, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, and rest of LAMEA).
Major Key players that operate in the global oral antiviral market are AbbVie Inc., Amneal Pharmaceuticals LLC, Bristol-Myers Squibb Company, F. Hoffman-La Roche Ltd, GlaxoSmithKline plc, Gilead Sciences, Inc., Johnson & Johnson, Merck & Co., Inc., Teva Pharmaceutical Industries Ltd., and Viatris Inc.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the oral antiviral market analysis from 2021 to 2031 to identify the prevailing oral antiviral market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the oral antiviral market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global oral antiviral market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Indication
Hepatitis
Human Immunodeficiency Virus (HIV)
Influenza
Others
By Drug class
Protease inhibitors
Reverse transcriptase inhibitors
Others
By Distribution channel
Hospital pharmacies
Drug store and retail pharmacies
Online providers
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
Japan
China
India
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA
Key Market Players
F. Hoffman-La Roche Ltd
Merck & Co., Inc.
Bristol-Myers Squibb Company
Gilead Sciences, Inc.
Amneal Pharmaceuticals LLC
Viatris Inc.
AbbVie Inc.
GlaxoSmithKline plc
Teva Pharmaceutical Industries Ltd.
Johnson & Johnson
Please Note: It will take 7-10 business days to complete the report upon order confirmation.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook