Product Code: GVR-1-68038-389-8
Antiviral Drugs Market Growth & Trends:
The global antiviral drugs market size is expected to reach USD 62.05 billion by 2030, registering a CAGR of -1.99% from 2023 to 2030, according to a new report by Grand View Research, Inc.. This is attributed to the rising prevalence of viral diseases and growing government initiatives pertaining to the development of novel therapeutics to reduce the spread of infections. Furthermore, an increase in R&D efforts and the expansion of more recent & updated details, such as vaccinations and combined therapy, are projected to propel the growth of the market. Potential viral pandemics highlight the need for broad-spectrum antiviral drugs, such as direct-acting antivirals, that can be immediately deployed on a massive scale to halt viral spread until suitable vaccinations are created. Introducing blockbuster therapeutics for antiviral drugs has been transformative in treating various viral infections.
These drugs have demonstrated significant efficacy, widespread use, and substantial revenue generation for pharmaceutical companies.One prominent example is the introduction of Direct-acting Antivirals (DAAs) for the treatment of hepatitis C drugs, such as Sovaldi (sofosbuvir), Harvoni (ledipasvir/sofosbuvir), and Epclusa (sofosbuvir/velpatasvir), revolutionized the field by providing high cure rates, shorter treatment durations, and fewer side effects compared to previous therapies. These drugs achieved blockbuster status due to their effectiveness in curing hepatitis C and addressing a significant unmet medical need. Government initiatives for antiviral drugs include funding for R&D, streamlining regulatory processes for approval and emergency use authorizations, strategic stockpiling for preparedness, and collaborations with industry & academic institutions to accelerate development and ensure accessibility of effective antiviral treatments.
For instance, in May 2022, the National Institute of Allergy and Infectious Diseases (NIAID), part of the National Institutes of Health, granted around USD 577 million to launch nine Antiviral Drug Discovery (AViDD) Centers for Pathogens of Pandemic Concern. Moreover, increasing collaborations between government bodies and key players are anticipated to fuel the growth of R&D activities for developing novel antiviral drugs. For instance, in June 2021, Merck & Co., Inc. entered into a procurement agreement with the U.S. government for molnupiravir, an investigational antiviral for COVID-19 treatment. According to the agreement, the company will receive USD 1.2 billion to supply around 1.7 million drug courses to the U.S. government if molnupiravir receives emergency use authorization or approval by the U.S. FDA.
Furthermore, market entities are undertaking strategic initiatives to address the growing demand for clinical tests. Major players are involved in the acquisition of regional players to strengthen their position in the market. Thus, there is significant competition among players in this region. Players in the market are focusing on developing new products. For instance, as of June 2023, over 900 studies are ongoing in phases 2, 3, and 4 of clinical trials for antiviral drug development. Moreover, in April 2023, PharmaMar initiated the Nereida clinical trial using plitidepsin for the treatment of immunosuppressed patients suffering from COVID-19, with trials being approved in Spain, Italy, France, Poland, Hungary, Greece, and Portugal.
Antiviral Drugs Market Report Highlights:
- The branded type segment dominated the market in 2022 as they are widely adopted due to their proven efficacy, safety profile, and endorsement by healthcare authorities
- On the basis of drug class, the protease inhibitors segmentdominated the market in 2022 owing to the rising need for effective therapeutics due to the increasing prevalence of chronic diseases, such as HIV/AIDS
- Based on distribution channel, the hospital pharmacy segment held the largest market share in 2022owing to an increasing number of people suffering from diseases, a rapidly aging population, and a growing number of hospitalizations
- North America has established a strong regional position in the market due to the presence of well-established healthcare infrastructure,a high prevalence of viral diseases, and rapid advancements in therapeutics
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Information Procurement
- 1.2. Information or Data Analysis
- 1.3. Market Scope & Segment Definition
- 1.4. Market Model
- 1.4.1. Market Study, By Company Market Share
- 1.4.2. Regional Analysis
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. Market Variables, Trends, & Scope
- 3.1. Market Segmentation and Scope
- 3.2. Market Lineage Outlook
- 3.2.1. Parent Market Outlook
- 3.2.2. Related/Ancillary Market Outlook
- 3.3. Market Trends and Outlook
- 3.4. Market Dynamics
- 3.4.1. Increasing prevalence of viral infections
- 3.4.2. Increasing government initiatives for viral infections
- 3.4.3. Increasing geriatric population
- 3.5. Market Restraint Analysis
- 3.5.1. High cost of treatment
- 3.6. Business Environment Analysis
- 3.6.1. SWOT Analysis; By Factor (Political & Legal, Economic And Technological)
- 3.6.2. Porter's Five Forces Analysis
- 3.7. COVID-19 Impact Analysis
Chapter 4. Type Business Analysis
- 4.1. Antiviral Drugs Market: Type Movement Analysis
- 4.2. Branded
- 4.2.1. Branded Market, 2018 - 2030 (USD Million)
- 4.3. Generics
- 4.3.1. Generics Market, 2018 - 2030 (USD Million)
Chapter 5. Drug Class Business Analysis
- 5.1. Antiviral Drugs Market: Drug Class Movement Analysis
- 5.2. DNA Polymerase Inhibitors
- 5.2.1. DNA Polymerase Inhibitors Market, 2018 - 2030 (USD Million)
- 5.3. Reverse Transcriptase Inhibitors
- 5.3.1. Reverse Transcriptase Inhibitors Market, 2018 - 2030 (USD Million)
- 5.4. Protease Inhibitors
- 5.4.1. Protease Inhibitors Market, 2018 - 2030 (USD Million)
- 5.5. Neuraminidase Inhibitors
- 5.5.1. Neuraminidase Inhibitors Market, 2018 - 2030 (USD Million)
- 5.6. Others
- 5.6.1. Others Market, 2018 - 2030 (USD Million)
Chapter 6. Distribution Channel Business Analysis
- 6.1. Antiviral Drugs Market: Distribution Channel Movement Analysis
- 6.2. Hospital Pharmacy
- 6.2.1. Hospital Pharmacy Market, 2018 - 2030 (USD Million)
- 6.3. Retail Pharmacy
- 6.3.1. Retail Pharmacy Market, 2018 - 2030 (USD Million)
- 6.4. Online Pharmacy
- 6.4.1. Online Pharmacy Market, 2018 - 2030 (USD Million)
Chapter 7. Application Business Analysis
- 7.1. Antiviral Drugs Market: Application Movement Analysis
- 7.2. Influenza
- 7.2.1. Influenza Market, 2018 - 2030 (USD Million)
- 7.3. HIV
- 7.3.1. HIV Market, 2018 - 2030 (USD Million)
- 7.4. Hepatitis
- 7.4.1. Hepatitis Market, 2018 - 2030 (USD Million)
- 7.5. Herpes
- 7.5.1. Herpes Market, 2018 - 2030 (USD Million)
- 7.6. Others
- 7.6.1. Others Market, 2018 - 2030 (USD Million)
Chapter 8. Regional Business Analysis
- 8.1. Antiviral Drugs Market Share By Region, 2022 & 2030
- 8.2. North America
- 8.2.1. SWOT Analysis
- 8.2.2. North America Antiviral Drugs Market, 2018 - 2030 (USD Million)
- 8.2.3. U.S.
- 8.2.3.1. Key Country Dynamics
- 8.2.3.2. Target Disease Prevalence
- 8.2.3.3. Competitive Scenario
- 8.2.3.4. Regulatory Framework
- 8.2.3.5. Reimbursement Scenario
- 8.2.3.6. U.S. Antiviral drugs Market, 2018 - 2030 (USD MILLION)
- 8.2.4. Canada
- 8.2.4.1. Key Country Dynamics
- 8.2.4.2. Target Disease Prevalence
- 8.2.4.3. Competitive Scenario
- 8.2.4.4. Regulatory Framework
- 8.2.4.5. Reimbursement Scenario
- 8.2.4.6. Canada Antiviral Drugs Market, 2018 - 2030 (USD Million)
- 8.3. Europe
- 8.3.1. SWOT Analysis
- 8.3.2. Europe Antiviral Drugs Market, 2018 - 2030 (USD Million)
- 8.3.3. Germany
- 8.3.3.1. Key Country Dynamics
- 8.3.3.2. Target Disease Prevalence
- 8.3.3.3. Competitive Scenario
- 8.3.3.4. Regulatory Framework
- 8.3.3.5. Reimbursement Scenario
- 8.3.3.6. Germany Antiviral Drugs Market, 2018 - 2030 (USD Million)
- 8.3.4. UK
- 8.3.4.1. Key Country Dynamics
- 8.3.4.2. Target Disease Prevalence
- 8.3.4.3. Competitive Scenario
- 8.3.4.4. Regulatory Framework
- 8.3.4.5. Reimbursement Scenario
- 8.3.4.6. UK Antiviral Drugs Market, 2018 - 2030 (USD Million)
- 8.3.5. France
- 8.3.5.1. Key Country Dynamics
- 8.3.5.2. Target Disease Prevalence
- 8.3.5.3. Competitive Scenario
- 8.3.5.4. Regulatory Framework
- 8.3.5.5. Reimbursement Scenario
- 8.3.5.6. France Antiviral Drugs Market, 2018 - 2030 (USD Million)
- 8.3.6. Italy
- 8.3.6.1. Key Country Dynamics
- 8.3.6.2. Target Disease Prevalence
- 8.3.6.3. Competitive Scenario
- 8.3.6.4. Regulatory Framework
- 8.3.6.5. Reimbursement Scenario
- 8.3.6.6. Italy Antiviral Drugs Market, 2018 - 2030 (USD Million)
- 8.3.7. Spain
- 8.3.7.1. Key Country Dynamics
- 8.3.7.2. Target Disease Prevalence
- 8.3.7.3. Competitive Scenario
- 8.3.7.4. Regulatory Framework
- 8.3.7.5. Reimbursement Scenario
- 8.3.7.6. Spain Antiviral Drugs Market, 2018 - 2030 (USD Million)
- 8.3.8. Denmark
- 8.3.8.1. Key Country Dynamics
- 8.3.8.2. Target Disease Prevalence
- 8.3.8.3. Competitive Scenario
- 8.3.8.4. Regulatory Framework
- 8.3.8.5. Reimbursement Scenario
- 8.3.8.6. Denmark Antiviral Drugs Market, 2018 - 2030 (USD Million)
- 8.3.9. Sweden
- 8.3.9.1. Key Country Dynamics
- 8.3.9.2. Target Disease Prevalence
- 8.3.9.3. Competitive Scenario
- 8.3.9.4. Regulatory Framework
- 8.3.9.5. Reimbursement Scenario
- 8.3.9.6. Sweden Antiviral Drugs Market, 2018 - 2030 (USD Million)
- 8.3.10. Norway
- 8.3.10.1. Key Country Dynamics
- 8.3.10.2. Target Disease Prevalence
- 8.3.10.3. Competitive Scenario
- 8.3.10.4. Regulatory Framework
- 8.3.10.5. Reimbursement Scenario
- 8.3.10.6. Norway Antiviral Drugs Market, 2018 - 2030 (USD Million)
- 8.4. Asia Pacific
- 8.4.1. SWOT Analysis
- 8.4.2. Asia Pacific Antiviral Drugs Market, 2018 - 2030 (USD Million)
- 8.4.3. Japan
- 8.4.3.1. Key Country Dynamics
- 8.4.3.2. Target Disease Prevalence
- 8.4.3.3. Competitive Scenario
- 8.4.3.4. Regulatory Framework
- 8.4.3.5. Reimbursement Scenario
- 8.4.3.6. Japan Antiviral Drugs Market, 2018 - 2030 (USD Million)
- 8.4.4. China
- 8.4.4.1. Key Country Dynamics
- 8.4.4.2. Target Disease Prevalence
- 8.4.4.3. Competitive Scenario
- 8.4.4.4. Regulatory Framework
- 8.4.4.5. Reimbursement Scenario
- 8.4.4.6. China Antiviral Drugs Market, 2018 - 2030 (USD Million)
- 8.4.5. India
- 8.4.5.1. Key Country Dynamics
- 8.4.5.2. Target Disease Prevalence
- 8.4.5.3. Competitive Scenario
- 8.4.5.4. Regulatory Framework
- 8.4.5.5. Reimbursement Scenario
- 8.4.5.6. India Antiviral Drugs Market, 2018 - 2030 (USD Million)
- 8.4.6. South Korea
- 8.4.6.1. Key Country Dynamics
- 8.4.6.2. Target Disease Prevalence
- 8.4.6.3. Competitive Scenario
- 8.4.6.4. Regulatory Framework
- 8.4.6.5. Reimbursement Scenario
- 8.4.6.6. South Korea Antiviral Drugs Market, 2018 - 2030 (USD Million)
- 8.4.7. Australia
- 8.4.7.1. Key Country Dynamics
- 8.4.7.2. Target Disease Prevalence
- 8.4.7.3. Competitive Scenario
- 8.4.7.4. Regulatory Framework
- 8.4.7.5. Reimbursement Scenario
- 8.4.7.6. Australia Antiviral Drugs Market, 2018 - 2030 (USD Million)
- 8.4.8. Thailand
- 8.4.8.1. Key Country Dynamics
- 8.4.8.2. Target Disease Prevalence
- 8.4.8.3. Competitive Scenario
- 8.4.8.4. Regulatory Framework
- 8.4.8.5. Reimbursement Scenario
- 8.4.8.6. Thailand Antiviral Drugs Market, 2018 - 2030 (USD Million)
- 8.5. Latin America
- 8.5.1. SWOT Analysis
- 8.5.2. Latin America Antiviral Drugs Market, 2018 - 2030 (USD Million)
- 8.5.3. Brazil
- 8.5.3.1. Key Country Dynamics
- 8.5.3.2. Target Disease Prevalence
- 8.5.3.3. Competitive Scenario
- 8.5.3.4. Regulatory Framework
- 8.5.3.5. Reimbursement Scenario
- 8.5.3.6. Brazil Antiviral Drugs Market, 2018 - 2030 (USD Million)
- 8.5.4. Mexico
- 8.5.4.1. Key Country Dynamics
- 8.5.4.2. Target Disease Prevalence
- 8.5.4.3. Competitive Scenario
- 8.5.4.4. Regulatory Framework
- 8.5.4.5. Reimbursement Scenario
- 8.5.4.6. Mexico Antiviral Drugs Market, 2018 - 2030 (USD Million)
- 8.5.5. Argentina
- 8.5.5.1. Key Country Dynamics
- 8.5.5.2. Target Disease Prevalence
- 8.5.5.3. Competitive Scenario
- 8.5.5.4. Regulatory Framework
- 8.5.5.5. Reimbursement Scenario
- 8.5.5.6. Argentina Antiviral Drugs Market, 2018 - 2030 (USD Million)
- 8.6. MEA
- 8.6.1. SWOT Analysis
- 8.6.2. MEA Antiviral Drugs Market, 2018 - 2030 (USD Million)
- 8.6.3. South Africa
- 8.6.3.1. Key Country Dynamics
- 8.6.3.2. Target Disease Prevalence
- 8.6.3.3. Competitive Scenario
- 8.6.3.4. Regulatory Framework
- 8.6.3.5. Reimbursement Scenario
- 8.6.3.6. South Africa Antiviral Drugs Market, 2018 - 2030 (USD Million)
- 8.6.4. Saudi Arabia
- 8.6.4.1. Key Country Dynamics
- 8.6.4.2. Target Disease Prevalence
- 8.6.4.3. Competitive Scenario
- 8.6.4.4. Regulatory Framework
- 8.6.4.5. Reimbursement Scenario
- 8.6.4.6. Saudi Arabia Antiviral Drugs Market, 2018 - 2030 (USD Million)
- 8.6.5. UAE
- 8.6.5.1. Key Country Dynamics
- 8.6.5.2. Target Disease Prevalence
- 8.6.5.3. Competitive Scenario
- 8.6.5.4. Regulatory Framework
- 8.6.5.5. Reimbursement Scenario
- 8.6.5.6. UAE Antiviral Drugs Market, 2018 - 2030 (USD Million)
- 8.6.6. Kuwait
- 8.6.6.1. Key Country Dynamics
- 8.6.6.2. Target Disease Prevalence
- 8.6.6.3. Competitive Scenario
- 8.6.6.4. Regulatory Framework
- 8.6.6.5. Reimbursement Scenario
- 8.6.6.6. Kuwait Antiviral Drugs Market, 2018 - 2030 (USD Million)
Chapter 9. Competitive Landscape
- 9.1. Company Categorization
- 9.2. Strategy Mapping
- 9.2.1. New Product Launch
- 9.2.2. Partnership
- 9.2.3. Acquisition
- 9.2.4. Collabboration
- 9.2.5. Funding
- 9.3. Key Company Market Share Analysis, 2022
- 9.4. Company Heat Map Analysis
- 9.5. Company Profiles
- 9.5.1. F. HOFFMANN-LA ROCHE LTD.
- 9.5.1.1. Company Overview
- 9.5.1.2. Financial Performance
- 9.5.1.3. Product Benchmarking
- 9.5.1.4. Strategic Initiatives
- 9.5.2. GSK PLC.
- 9.5.2.1. Company Overview
- 9.5.2.2. Financial Performance
- 9.5.2.3. Product Benchmarking
- 9.5.2.4. Strategic Initiatives
- 9.5.3. ABBVIE, INC.
- 9.5.3.1. Company Overview
- 9.5.3.2. Financial Performance
- 9.5.3.3. Product Benchmarking
- 9.5.3.4. Strategic Initiatives
- 9.5.4. MERCK & CO., INC.
- 9.5.4.1. Company Overview
- 9.5.4.2. Financial Performance
- 9.5.4.3. Product Benchmarking
- 9.5.4.4. Strategic Initiatives
- 9.5.5. JOHNSON & JOHNSON SERVICES, INC.
- 9.5.5.1. Company Overview
- 9.5.5.2. Financial Performance
- 9.5.5.3. Product Benchmarking
- 9.5.5.4. Strategic Initiatives
- 9.5.6. BRISTOL-MYERS SQUIBB COMPANY
- 9.5.6.1. Company Overview
- 9.5.6.2. Financial Performance
- 9.5.6.3. Product Benchmarking
- 9.5.6.4. Strategic Initiatives
- 9.5.7. CIPLA INC.
- 9.5.7.1. Company Overview
- 9.5.7.2. Financial Performance
- 9.5.7.3. Product Benchmarking
- 9.5.7.4. Strategic Initiatives
- 9.5.8. AUROBINDO PHARMA
- 9.5.8.1. Company Overview
- 9.5.8.2. Financial Performance
- 9.5.8.3. Product Benchmarking
- 9.5.8.4. Strategic Initiatives
- 9.5.9. DR. REDDY'S LABORATORIES LTD.
- 9.5.9.1. Company Overview
- 9.5.9.2. Financial Performance
- 9.5.9.3. Product Benchmarking
- 9.5.9.4. Strategic Initiatives