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Ramesh Jadhav @go_65a636277bcc8
Antiviral Drugs Market - Growth and Demand Forecast by 2030 - High Demand in Emerging Economies

Global Antiviral Drugs Market was valued at USD 58.48 Billion in 2021 and is expected to reach USD 80.66 Billion by the year 2028, at a CAGR of 4.7%. Analysis Period {2023-20230}

Antiviral drugs are a class of medication that is used to kill or suppress the ability of a virus to replicate hence it prohibits the virus potential to proliferate and reproduce. Viruses are made of genetic material such as DNA or RNA which is alive when it is outside in the environment but gains its ability to reproduce and proliferate when it enters a susceptible host. In addition, antiviral drugs can prevent and protect individuals from getting viral infections or spreading the virus to others. Moreover, the development of antivirals is the outcome of newly acquired knowledge of the molecular and genetic activity of organisms letting us better apprehend the structure and function of viruses, chief advances in the techniques for finding novel drugs, and the stress placed on the medical sector to deal with the human immunodeficiency virus (HIV), the cause of acquired immunodeficiency syndrome is propelling the market growth in the period of forecast.

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Key Players Mentioned:
Gilead Sciences Inc (US), GlaxoSmithKline plc (UK), Johnson & Johnson Services Inc (US), AstraZeneca (UK), AbbVie Inc (US), Merck & Co Inc (US), Teva Pharmaceutical Industries Ltd (Israel) Regeneron Pharmaceuticals Inc (US), Bristol-Myers Squibb Company (US), Zydus Cadila (India), Cipla Inc (India), Prinston Pharmaceutical Inc (US), Hetero (India), Aurobindo Pharma (India), Apotex Inc (Canada), Mylan N.V. (US), Vir Biotechnology Inc (US) and others major key players.

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10 months ago

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