Global Antiviral Drugs Market Analysis by Drug class, Indication, Type, Age Group and Region and segments forecast till 2033
Market Overview
The global Antiviral Drugs market was worth USD 35,650 million in 2022 and is anticipated to amplify at a CAGR of 5.2% over 2023-2033, thereby accumulating USD 55,170 million by end of the analysis timeline.
Antiviral drugs are referred to the type of medications used to treat viral infections. Most of these drugs target particular viruses whereas some antivirals are effective against a broad range of viruses. These drugs do not actually destroy their target pathogen but in turn inhibit its development. They are mostly effective in dealing with herpes viruses, HIV, influenza A and B, hepatitis B, just to name a few. Some of the popular antivirals are Relenza, Tenofovir, Tamiflu, Sustivahave, and Telbivudine.
Rising prevalence of viral infections, surging approval and expected commercialization of novel medicines for viral infections, and increasing public cognizance on the availability of various antivirals are the primary factors aiding the progression of this market sphere. Furthermore, rising research & development activities in the field and surge in healthcare expenditure in several regions are positively swaying Antiviral Drugs Market dynamics. On the flipside, high costs associated with drug development and rigid government regulation in terms of approval and usage of antivirals are likely to impede Antiviral Drugs Market growth in the ensuing years.
The emergence of the ongoing COVID 19 pandemic increased the demand for antiviral drugs worldwide. Coronavirus, being a viral disease needs to be treated with a strong and effective antiviral. Medicines like oseltamir, favipiravir, and remdesivir are highly prescribed for treating COVID-19. Although a more effective medication against this viral disease is yet to be developed and several government and private entities are putting their efforts to get a breakthrough in formulating a highly effective antiviral against the novel disease. This in turn is augmenting the overall Antiviral Drugs Market outlook.
Viral infections are regarded as one of the major illnesses affecting millions of lives worldwide. There has been a rapid increase in the prevalence of diseases such as HIV, AIDS, hepatitis, and herpes. As per the Joint United Nations Programme on HIV and AIDS, nearly 25.4 million people infected with HIV were taking antiretroval therapy as of 2019 and the number is expected to increase in the coming years. Research institutes and biopharmaceutical companies have increased their focus on developing antivirals, which in turn is fueling Antiviral Drugs Market expansion.
Report Scope
Report Attributes | Description |
Market Size in 2022 | USD 35,650 Million |
Market Forecast in 2033 | USD 55,170 Million |
CAGR % 2023-2033 | 5.2% |
Base Year | 2022 |
Historic Data | 2020-2021 |
Forecast Period | 2023-2033 |
Report USP | Production, Consumption, company share, company heatmap, company production capacity, growth factors and more |
Segments Covered | Drug class, Indication, Type, and Age Group |
Regional Scope | North America, Europe, APAC, South America and Middle East and Africa |
Country Scope | U.S.; Canada; U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia; China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico; Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria |
Key Companies | Dr. Reddy’s Laboratories Ltd, Cipla Inc, Johnson & Johnson Services, Inc, Merck & Co., Inc, Bristol-Myers Squibb Company, GlaxoSmithkline plc, AbbVie, Inc, Aurobindo Pharma Ltd, and F.Hoffmann-La Roche AG., Sun Pharmaceutical Industries Ltd., Mylan N V, Abbott Laboratories, AstraZeneca plc, Schering-Plough Corporation, Novartis AG, Pfizer Inc., Sanofi and others  |
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Impact of COVID
The emergence of the ongoing COVID 19 pandemic increased the demand for Antiviral Drugs Market. Coronavirus, being a viral disease needs to be treated with a strong and effective antiviral. Medicines like oseltamir, favipiravir, and remdesivir are highly prescribed for treating COVID-19. Although a more effective medication against this viral disease is yet to be developed and several government and private entities are putting their efforts to get a breakthrough in formulating a highly effective antiviral against the novel disease. This in turn is augmenting the overall industry outlook. The COVID-19 pandemic has significantly impacted the antiviral drugs market. Antiviral drugs have been in the forefront of the fight against COVID-19, as they are used to treat the symptoms of the virus and prevent its replication within the body. As a result, there has been a surge in demand for antiviral drugs, leading to a significant increase in their Antiviral Drugs Market size.
However, the pandemic has also disrupted the supply chains of antiviral drugs due to lockdowns and travel restrictions, leading to shortages in some regions. This has led to an increase in prices for some antiviral drugs and has made it difficult for patients to access necessary treatments. The COVID-19 pandemic has also spurred the development of new antiviral drugs and therapies to combat the virus, leading to a significant increase in research and development in this area. The pandemic has highlighted the importance of antiviral drugs in combating infectious diseases and is expected to drive continued growth in Antiviral Drugs Market in the coming years.
Drug class Insights
The reverse transcriptase inhibitors segment is expected to register notable gains over the analysis timeline owing to rising diagnosis and treatment rate pertaining to HIV. Reverse transcriptase inhibitors (RTIs) are a class of antiviral drugs that inhibit the activity of the reverse transcriptase enzyme, which is responsible for the replication of retroviruses such as human immunodeficiency virus (HIV). These drugs can effectively suppress the replication of the virus and prevent it from multiplying in the body.
The rising incidence of HIV and the increasing diagnosis and treatment rates of the disease are the major factors driving the growth of the RTIs segment in the antiviral drugs market. According to the World Health Organization (WHO), approximately 38 million people worldwide were living with HIV/AIDS in 2019. The increasing prevalence of the disease has led to a rise in the demand for antiviral drugs, including RTIs. Moreover, the availability of novel RTIs with improved efficacy and safety profiles is further driving the segment growth. For instance, in 2020, the U.S. Food and Drug Administration (FDA) approved a new combination therapy for HIV treatment that includes a novel RTI drug, lenacapavir. This drug has shown promising results in clinical trials, indicating its potential to provide long-acting HIV treatment with fewer side effects compared to existing therapies.
Indication Insights
The HIV AIDS segment presently dominates Antiviral Drugs Market and is anticipated to showcase similar expansion trends in the ensuing years. This is credited to rising prevalence of HIV and absence of effective vaccines against the disease. The HIV/AIDS segment dominates the antiviral drugs market because HIV is a serious and life-threatening disease that affects millions of people worldwide. HIV is a virus that attacks the immune system, and without effective treatment, it can lead to AIDS, which is the advanced stage of the disease. There is currently no effective vaccine for HIV, which means that treatment with antiviral drugs is the only way to manage the disease.
The prevalence of HIV is increasing globally, with an estimated 38 million people living with HIV/AIDS worldwide. In addition, there are around 1.7 million new cases of HIV each year. The high prevalence of HIV means that there is a significant demand for antiviral drugs to manage the disease. As the prevalence of HIV continues to rise, the demand for antiviral drugs to treat the disease is also expected to increase. This is expected to drive the growth of the HIV/AIDS segment in the antiviral drugs market in the coming years. Additionally, ongoing research and development activities aimed at developing new and more effective antiretroviral drugs could further drive the growth of this segment in the future.
Type Insights
The generic segment is poised to capture a high revenue share over 2023-2033 owing to cost effectiveness and easy availability of generic drugs. Generic drugs are typically much cheaper than branded drugs due to the absence of the research and development costs associated with creating new drugs. This makes them a more cost-effective option for patients who may require long-term treatment for chronic viral infections, such as HIV, hepatitis, and herpes. Generic drugs are widely available and easily accessible in many countries, which helps to increase patient access to vital antiviral medications. This is particularly important in low-income and developing countries, where access to healthcare and expensive branded drugs can be limited. Overall, the combination of lower cost and wider availability makes generic antiviral drugs a highly attractive option for patients and healthcare providers alike. As such, the generic segment of the antiviral drugs market is expected to see significant growth and capture a high revenue share in the years to come.
Age Group Insights
The geriatric segment is slated to grow substantially over the stipulated timeline as the elderly people are highly prone to various viral diseases and hence require anti-viral drugs to a massive extend. The geriatric segment refers to the population of individuals aged 65 years and above. As people age, their immune system weakens, making them more susceptible to various viral diseases. This makes them highly dependent on antiviral drugs for treatment and management of these diseases. Additionally, the geriatric population is expected to increase in the coming years due to the aging of the baby boomer generation, leading to a higher demand for Antiviral Drugs Market in this segment.
Regional Insights
North America, Asia Pacific, Europe, Latin America, and Middle East & Africa are the regions constituting the geographical ambit of Antiviral Drugs Market. Among these, Europe is anticipated to register a significant CAGR over the stipulated timeline owing to rising incidences of infectious diseases and the development of effective vaccines by prominent players. Similarly, Asia Pacific is projected to showcase lucrative amplification trends over the estimated timeframe ascribing to increasing public awareness on the availability and benefits of antivirals and launch of innovate products (medicines and vaccines).
Competitive Analysis
Key players operating in the worldwide Antiviral Drugs Market are Dr. Reddy’s Laboratories Ltd, Cipla Inc, Johnson & Johnson Services, Inc, Merck & Co., Inc, Bristol-Myers Squibb Company, GlaxoSmithkline plc, AbbVie, Inc, Aurobindo Pharma Ltd, and F.Hoffmann-La Roche AG., Sun Pharmaceutical Industries Ltd., Mylan N V, Abbott Laboratories, AstraZeneca plc, Schering-Plough Corporation, Novartis AG, Pfizer Inc., Sanofi and others .
Recent News
·        In 2021, the FDA authorized the emergency use of antiviral drugs like Remdesivir and Molnupiravir for the treatment of COVID-19.
·        In 2022, Pfizer announced the successful completion of Phase 2/3 clinical trials for its antiviral drug PF-07321332, which showed promising results in reducing the risk of hospitalization or death in high-risk adults with COVID-19.
·        In 2022, Merck announced the submission of an Emergency Use Authorization (EUA) application to the FDA for its investigational oral antiviral drug molnupiravir for the treatment of COVID-19 in adults at high risk of severe disease.
·        In 2022, Roche announced positive results from a Phase 2 clinical trial for its oral antiviral drug AT-527 for the treatment of COVID-19, showing a reduction in viral load and faster time to clinical improvement in hospitalized patients.
·        In 2023, researchers at the University of Texas Medical Branch at Galveston developed a new antiviral drug called HT-319 that showed effectiveness against multiple viruses, including SARS-CoV-2, influenza A and B, and Zika virus.
1. Global Antiviral Drugs Market Introduction and Market Overview
1.1. Objective of the Market Research Study
1.2. Antiviral Drugs Market Definition & Description
1.3. Research Data Parameters & Reporting Timelines
1.3.1. Historical Data Reporting Years – 2020 to 2021
1.3.2. Projected Data Reporting Years – 2022 to 2033
1.3.3. Reporting Data Parameters – Value (US$ Million) & Volume (Tons)
1.4. Global Antiviral Drugs Market Scope and Market Estimation
1.4.1. Global Antiviral Drugs Overall Market Size (US$ Million) & (Tons), Market CAGR (%), Market Estimates & Forecast (2020 to 2033)
1.4.2. Global Antiviral Drugs Market Revenue & Volume Share (%) and Growth Rate (Y-o-Y) from 2020 to 2033
1.5. Antiviral Drugs Market Segmentation
1.5.1. Drug Class of Global Antiviral Drugs Market
1.5.2. Indication of Global Antiviral Drugs Market
1.5.3. Type of Global Antiviral Drugs Market
1.5.4. Age Group of Antiviral Drugs Market
1.5.5. Key Regions of Antiviral Drugs Market
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2. Global Antiviral Drugs Market - Executive Summary
2.1. Global Antiviral Drugs Market – Summary & Snapshot
2.2. Global Antiviral Drugs Market, By Drug Class (Us$ Million) & (Tons)
2.3. Global Antiviral Drugs Market, By Indication (Us$ Million) & (Tons)
2.4. Global Antiviral Drugs Market, By Type (Us$ Million) & (Tons)
2.5. Global Antiviral Drugs Market, Age Group (Us$ Million) & (Tons)
2.6. Global Antiviral Drugs Market, By Geography (Us$ Million) & (Tons)
2.7. Global Antiviral Drugs Market Outlook & Future Opportunities
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3. Antiviral Drugs Market Trends, Outlook, and Factors Analysis
3.1. Global Antiviral Drugs Market Industry Development Trends under COVID-19 Outbreak
3.1.1. Global COVID-19 Status Overview
3.1.2. Influence of COVID-19 Outbreak on Global Antiviral Drugs Market Industry Development
3.1.3. Pre & Post COVID-19 Trends and Scenarios
3.2. Antiviral Drugs Market Dynamics (Growth Impacting Factors & Rationales)
3.2.1. Drivers
3.2.1.1. An increase in the incidence rate of viral infections and new and advanced formulations of existing drugs, new vaccines and combination therapy, and others are expected to drive the antiviral drugs market.
3.2.2. Restraints
3.2.2.1. Huge costs in the development of antiviral drugs and alternative medicines can restrain the antiviral drugs market.
3.2.3. Opportunities
3.2.3.1. heavy investment in the antiviral drugs business to conduct research and development activities are forecasted to come up with new drugs for various diseases and illnesses.
3.2.4. Impact Analysis of Drivers and Restraints
3.3. Ecosystem/ Value Chain Analysis
3.4. Porter’s Five Forces Analysis
3.5. SWOT Analysis
3.6. PEST Analysis
3.7. Average Selling Prices and Pricing Trends Analysis of Antiviral Drugs Market
3.8. Technological Roadmap
3.9. Key Investment Pockets of Antiviral Drugs Market
3.9.1. By Drug Class
3.9.2. By Indication
3.9.3. By Type
3.9.4. By Age Group
3.9.5. By Regions
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4. Global Antiviral Drugs Market: Estimates & Historic Trend Analysis (2020 to 2021)
4.1. Global Antiviral Drugs Market, 2020 – 2021 (Us$ Million) & (Tons)
4.2. Global Antiviral Drugs Market, By Drug Class, 2020 To 2021 (Us$ Million) & (Tons)
4.3. Global Antiviral Drugs Market, By Indication, 2020 To 2021 (Us$ Million) & (Tons)
4.4. Global Antiviral Drugs Market, By Type, 2020 To 2021 (Us$ Million) & (Tons)
4.5. Global Antiviral Drugs Market, By Age Group, 2020 To 2021 (Us$ Million) & (Tons)
4.6. Global Antiviral Drugs Market, By Region, 2020 To 2021 (Us$ Million) & (Tons)
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5. Global Antiviral Drugs Market Estimates & Forecast Trend Analysis, by Drug Class
5.1. Global Antiviral Drugs Market Share (%) Estimates and Forecasts, by Drug Class, 2022 & 2033
5.2. Global Antiviral Drugs Market Revenue & Volume (US$ Million) & (Tons) Estimates and Forecasts, by Drug Class, 2022 to 2033
5.2.1. DNA polymerase inhibitors
5.2.2. Reverse transcriptase inhibitors
5.2.3. Protease inhibitors
5.2.4. Neuraminidase inhibitors
5.2.5. Others
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6. Global Antiviral Drugs Market Estimates & Forecast Trend Analysis, by Indication
6.1. Global Antiviral Drugs Market Share (%) Estimates and Forecasts, By Indication, 2022 & 2033
6.2. Global Antiviral Drugs Market Revenue & Volume (US$ Million) & (Tons) Estimates and Forecasts, by Indication, 2022 to 2033
6.2.1. Influenza
6.2.2. HIV AIDS
6.2.3. Hepatitis
6.2.4. Herpes simplex virus (HSV)
6.2.5. Coronavirus infection
6.2.6. Others
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7. Global Antiviral Drugs Market Estimates & Forecast Trend Analysis, by Type
7.1. Global Antiviral Drugs Market Share (%) Estimates and Forecasts, By Type, 2022 & 2033
7.2. Global Antiviral Drugs Market Revenue & Volume (US$ Million) & (Tons) Estimates and Forecasts, by Type, 2022 to 2033
7.2.1. Branded
7.2.2. Generic
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8. Global Antiviral Drugs Market Estimates & Forecast Trend Analysis, by Application
8.1. Global Antiviral Drugs Market Share (%) Estimates and Forecasts, By Age Group, 2022 & 2033
8.2. Global Antiviral Drugs Market Revenue & Volume (US$ Million) & (Tons) Estimates and Forecasts, by Age Group, 2022 to 2033
8.2.1. Adult
8.2.2. Pediatric
8.2.3. Geriatric
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9. Global Antiviral Drugs Market Analysis and Forecast, by Region
9.1. Global Antiviral Drugs Market Share (%) Estimates and Forecasts, By Region, 2022 & 2033
9.2. Global Antiviral Drugs Market Revenue & Volume (Us$ Million) & (Tons) Estimates and Forecasts, By Region, 2022 To 2033
9.2.1. North America
9.2.2. Europe
9.2.3. Asia Pacific
9.2.4. Middle East and Africa
9.2.5. Latin America
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10. North America Antiviral Drugs Market: Estimates & Forecast Trend Analysis
10.1. North America Antiviral Drugs Market Assessments & Key Findings
10.2. North America Antiviral Drugs Market Share (%) Estimates and Forecasts, 2022 & 2033
10.3. North America Antiviral Drugs Market Size and Volume Estimates and Forecast (Us$ Million) & (Tons) (2022 To 2033)
10.3.1. By Drug Class
10.3.2. By Indication
10.3.3. By Type
10.3.4. By Age Group
10.3.5. By Major Country
10.3.5.1. The U.S.
10.3.5.2. Canada
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11. Europe Antiviral Drugs Market: Estimates & Forecast Trend Analysis
11.1. Europe Antiviral Drugs Market Assessments & Key Findings
11.2. Europe Antiviral Drugs Market Share (%) Estimates and Forecasts, 2022 & 2033
11.3. Europe Antiviral Drugs Market Size and Volume Estimates and Forecast (US$ Million) & (Tons) (2022 to 2033)
11.3.1. By Drug Class
11.3.2. By Indication
11.3.3. By Type
11.3.4. By Age Group
11.3.5. By Major Country
11.3.5.1. Germany
11.3.5.2. The U.K.
11.3.5.3. France
11.3.5.4. Italy
11.3.5.5. Spain
11.3.5.6. Rest of Europe (includes all other European countries)
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12. Asia Pacific Antiviral Drugs Market: Estimates & Forecast Trend Analysis
12.1. Asia Pacific Antiviral Drugs Market Assessments & Key Findings
12.2. Asia Pacific Antiviral Drugs Market Share (%) Estimates and Forecasts, 2022 & 2033
12.3. Asia Pacific Antiviral Drugs Market Size and Volume Estimates and Forecast (Us$ Million) & (Tons) (2022 To 2033)
12.3.1. By Drug Class
12.3.2. By Indication
12.3.3. By Type
12.3.4. By Age Group
12.3.5. By Major Country
12.3.5.1. China
12.3.5.2. Japan
12.3.5.3. India
12.3.5.4. ASEAN
12.3.5.5. South Korea
12.3.5.6. Rest of Asia Pacific (includes all other Asia Pacific countries)
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13. Middle East & Africa Antiviral Drugs Market: Estimates & Forecast Trend Analysis
13.1. Middle East & Africa Antiviral Drugs Market Assessments & Key Findings
13.2. Middle East & Africa Antiviral Drugs Market Share (%) Estimates and Forecasts, 2022 & 2033
13.3. Middle East & Africa Antiviral Drugs Market Size and Volume Estimates and Forecast (Us$ Million) & (Tons) (2022 To 2033)
13.3.1. By Drug Class
13.3.2. By Indication
13.3.3. By Type
13.3.4. By Age Group
13.3.5. By Major Country
13.3.5.1. GCC
13.3.5.2. South Africa
13.3.5.3. Egypt
13.3.5.4. Rest of Middle East & Africa (includes all other Middle East & Africa countries)
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14. Latin America Antiviral Drugs Market: Estimates & Forecast Trend Analysis
14.1. Latin America Market Assessments & Key Findings
14.2. Latin America Antiviral Drugs Market Share (%) Estimates and Forecasts, 2022 & 2033
14.3. Latin America Antiviral Drugs Market Size and Volume Estimates and Forecast (US$ Million) & (Tons) (2022 to 2033)
14.3.1. By Drug Class
14.3.2. By Indication
14.3.3. By Type
14.3.4. By Age Group
14.3.5. By Major Country
14.3.5.1. Brazil
14.3.5.2. Mexico
14.3.5.3. Rest of Latin America (includes all other Latin America countries)
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15. Competitive Landscape
15.1. Antiviral Drugs Market Revenue & Volume Share Analysis (%), By Major Players (2021)
15.2. Antiviral Drugs Market Competition Matrix, By Leading Players
15.3. Antiviral Drugs List of Emerging, Prominent and Leading Players
15.4. Major Mergers & Acquisitions, Partnership, Joint Venture, Expansions, Deals, Recent Developments, Etc.
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16. Company Profiles
16.1. Gilead Sciences
16.1.1. Company Overview & Insights
16.1.2. Financial Performance
16.1.3. Product / Service Portfolio
16.1.4. Geographical Footprint & Share
16.1.5. Strategic Initiatives & Key Developments
*Similar details would be provided for all the players mentioned below
16.2. AbbVie Inc
16.3. Merck & Co
16.4. GlaxoSmithKline plc
16.5. Aurobindo Pharma Limited
16.6. Johnson & Johnson
16.7. Sun Pharmaceutical Industries Ltd
16.8. Cipla, Inc
16.9. Mylan N V
16.10. Bristol-Myers Squibb
16.11. F. Hoffmann-La Roche Ltd
16.12. Abbott Laboratories
16.13. AstraZeneca plc
16.14. AbbVie Inc
16.15. Schering-Plough Corporation
16.16. Dr. Reddy’s Laboratories Ltd
16.17. Novartis AG,
16.18. Pfizer Inc
16.19. Sanofi.
16.20. Others
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17. Assumptions and Research Methodology
17.1. Data Mining
17.2. Secondary Research
17.3. Primary Research
17.4. Subject Matter Expert Advice
17.5. Quality Check
17.6. Final Review
17.7. Data Triangulation
17.8. Bottom-Up Approach
17.9. Top Down Approach
17.10. Research Flow
17.11. Key Insights from Industry Experts
17.12. Data Drug Classs
17.13. Assumptions
17.14. Limitations
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18. Conclusions and Recommendations
18.1. Key Research Findings and Conclusion
18.2. Key Insights & Recommendations from Analysts
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