Asia Pacific Oral Antiviral Market Size study, by Indication (Hepatitis, Human Immunodeficiency Virus (HIV), Influenza, Others) by Drug Class (Protease inhibitors, Reverse transcriptase inhibitors, Others) by Distribution Channel (Hospital pharmacies, Dru
Asia Pacific Oral Antiviral Market Size study, 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) and Country Forecasts 2022-2032
Asia Pacific Oral Antiviral Market is valued approximately USD 6.88 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 3.77% over the forecast period 2024-2032. Oral antivirals are medications administered through the mouth to combat viral infections. These drugs work by targeting specific aspects of the viral life cycle, hindering the virus's ability to replicate, enter host cells, or spread within the body. They are employed in the treatment of various viral infections such as influenza, herpes simplex virus, hepatitis B and C, and HIV, among others. Additionally, oral antivirals are utilized for both therapeutic and preventive purposes, depending on the specific condition and circumstances. They play a crucial role in reducing the severity and duration of symptoms associated with viral infections and may also prevent complications. Furthermore, rising investments in healthcare infrastructure and research & development activities in countries across the Asia Pacific region were are gaining attention towards Asia Pacific Oral Antiviral Market. Governments and private organizations were allocating resources to improve healthcare access and develop new treatment options for viral infections.
The Asia Pacific Oral Antiviral Market is driven by increasing burden of viral infections, including HIV, hepatitis, and influenza, is driving demand for effective oral antiviral drugs to manage and treat these conditions. Moreover, the growth of the pharmaceutical industry in the Asia Pacific region, coupled with a focus on preventive healthcare measures, such as pre-exposure prophylaxis (PrEP) and post-exposure prophylaxis (PEP), is further fueling market expansion. Furthermore, the region is witnessing a rise in clinical trials and research collaborations aimed at developing new oral antiviral drugs, supported by regulatory reforms aimed at improving market access. However, side effects associated with oral antiviral and stringent regulations and lengthy approval processes is going to impede the overall demand for the market during the forecast period 2024-2032.
The key Countries considered for the Asia Pacific Oral Antiviral market study includes China, India, Japan, South Korea, Australia and Rest of Asia Pacific. In 2023, China was the largest regional market in terms of revenue. The market in the country is being driven by rising prevalence of diseases, rising healthcare infrastructure development, rising investment towards product development and rising government support to the healthcare industry across the region. China's dominance is further bolstered by the increasing prevalence of viral infections such as hepatitis and HIV, which drive the demand for effective antiviral treatments. The country has also seen considerable growth due to the launch of new antiviral products and the presence of major pharmaceutical companies, which are focused on expanding their market presence through collaborations and innovative product developments. Furthermore, the market in India, on the other hand, is expected to develop at the fastest rate over the forecast period 2024-2032.
Major market player included in this report are: Shionogi & Co., Ltd. Sumitomo Dainippon Pharma Co., Ltd Chugai Pharmaceutical Co., Ltd. TaiwanJ Pharmaceuticals Co., Ltd. Company 5 Company 6 Company 7 Company 8 Company 9 Company 10
The detailed segments and sub-segment of the market are explained below:
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: Asia Pacific China India Japan Australia South Korea RoAPAC
Years considered for the study are as follows: Historical year – 2022 Base year – 2023 Forecast period – 2024 to 2032
Key Takeaways: Market Estimates & Forecast for 10 years from 2022 to 2032. Annualized revenues and country level analysis for each market segment. Detailed analysis of geographical landscape with Country level analysis of major regions. Competitive landscape with information on major players in the market. Analysis of key business strategies and recommendations on future market approach. Analysis of competitive structure of the market. Demand side and supply side analysis of the market.
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Chapter 1. Asia Pacific Oral Antiviral Market Definition and Research Assumptions