Global Antivirals Market: Overview

An antiviral is an agent that eliminates a virus or restrains its ability to multiply and hence, prevents it from replicating and reproducing. Antiviral drugs are used in the treatment of lethal viral infections such as HIV, hepatitis B and C viruses, influenza A and B viruses, and herpes viruses. According to WHO, 36.7 million people were living with HIV at the end of 2015.

Although the development of antivirals has lagged behind that of antibiotics, the report finds that this sector is presented with vast unmet medical needs and substantial profits for drug candidates who invest in the production of new antiviral drugs. As a result, the number of biotechnology companies focusing on R&D activities for advanced antivirals is second only to cancer. According to the report, the global market for antivirals is expected to expand at a moderately healthy CAGR during the forecast period of 2016 to 2024.

Global Antivirals Market: Trends and Opportunities

Some of the primary trends in the global market for antivirals are the development of new mechanisms and research on second-generation molecules, combination therapies, and topical administration routes. Investors proactively pursue research and development of drug candidates for viral diseases that require long-term treatment. They also prefer initiatives that have a predominant patient-base in developed regions of the world and are readily accepted by physicians and drug formularies. Antivirals ideally fit the profile and hence are gaining strong investments. Moreover, the need to improve the quality of life of the patients on the available antiviral regimens is encouraging efforts for the development of second-generation molecules, such as IFN-α.

Several patent expiries are expected during the forecast period of the report, such as Sustiva, Tamiflu, Tenofovir, Combivir, Telbivudine, and Relenza. The report expects the patent expiries of these blockbuster drugs will trigger the development of generic therapeutics in the global antivirals market and make it more competitive. Pipeline drugs such as Rilpivirine, Elvitegravir, Vicriviroc, and Rapiacta are expected to positively impact the market upon arrival.

Some of the other factors driving the global market for antivirals are the increase in healthcare infrastructure spending not only in developed countries but also among emerging economies, the rising prevalence of life-threatening viral diseases, and an increase in public awareness. Conversely, the high cost of R&D and stringent government policies are expected to hinder the growth of the global market for antivirals.

On the basis of products, the global market can be segmented into antivirals for hepatitis-C, hepatitis-B, HIV, herpes, influenza, and others. The market can also be segmented on the basis of enzyme specific actions, such as DNA polymerase inhibitors, reverse transcriptase inhibitors, NS3 Protease inhibitors, and others.

Global Antivirals Market: Region-wise Outlook

Geographically, the global market for antivirals can be segmented into North America, Europe, Asia Pacific and Rest of the World. The report points out that the U.S. is the most prominent market for antiviral drugs, dominating the North American region with a strong healthcare infrastructure and the presence of several prominent players. The U.K. leads in the European market while Japan is a significant market in Asia Pacific. Several countries in Asia Pacific and Africa are expected to grow at a robust rate during the forecast period of 2016 to 2024.

Some of the key players currently operational in the global market for antivirals are Abbott Laboratories, GlaxoSmithKline, plc, BoehringerIngelheim Corporation, AstraZeneca AB, Novartis International AG, Merck and Co. Inc., and Johnson & Johnson.

Major regions analyzed under this research report are:

  • Europe
  • North America
  • Asia Pacific
  • Rest of the World

This report gives you access to decisive data such as:

  • Market growth drivers
  • Factors limiting market growth
  • Current market trends
  • Market structure
  • Market projections for the coming years

Key highlights of this report

  • Overview of key market forces propelling and restraining market growth
  • Up-to-date analyses of market trends and technological improvements
  • Pin-point analyses of market competition dynamics to offer you a competitive edge
  • An analysis of strategies of major competitors
  • An array of graphics and SWOT analysis of major industry segments
  • Detailed analyses of industry trends
  • A well-defined technological growth map with an impact-analysis
  • Offers a clear understanding of the competitive landscape and key product segments


Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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