Global Anti-viral Drugs Market Worth USD 42.3 Billion By 2024 | Growth Rate CAGR of 5.9% Markets & Research

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Global Anti-Viral Drug Market Outlook Industry
Insights Opportunity Evaluation, 2017-2024
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Global Anti-Viral Drug Market Overview Anti-Vira
l Drug Market By Application (HIV Treatment,
Hepatitis Treatment, Herpes Treatment, Influenza
Treatment, Others) By Type (Generic Drugs,
Branded Drugs) By End User (Hospitals, Clinics,
Others) and Region - Global Forecast 2016 to
2024. Anti-viral drugs refer to the class of
antimicrobials which are used specifically for
the treatment of viral infections. Anti-viral
drugs are formulated to treat HIV, hepatitis
virus, influenza and herpes virus. These
anti-viral drugs can be used only for specific
disease. Market Size and Forecast Global
Anti-Viral Drug Market is anticipated to flourish
at a CAGR of 5.9 over the forecast period.
Further, the market of anti-viral drugs accounted
for USD 31.2 Billion in 2016 and is projected to
garner USD 42.3 by the end of 2024. Rising
prevalence of viral infections and diseases
across the globe is expected to increase the
demand for anti-viral drugs globally. In the
regional platform, North America dominated the
overall market of anti-viral drugs in 2016.
Further, North America market is expected to
continue its dominance over the forecast period
on the account of rising healthcare expenditure.
Additionally, presence of highly developed
healthcare infrastructure and rising awareness
about the viral infections is expected to fuel
the growth of Anti-Viral Drug Market in the North
America region. U.S. is expected to be the major
contributor to the growth of anti-viral drugs
owing to the presence of major key players. Asia
Pacific is anticipated to witness robust growth
over the forecast period 2017-2024. This growth
can be attributed to the increasing number of
virus infected people and rising disposable
income of the population.
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• Additionally, rising medical tourism in the
  region is projected to supplement the growth of
  the anti-viral drugs market. Developing economies
  such as China, India are the major countries
  witnessing the augmented demand for anti-viral
  drugs. Further, favorable government regulations
  boosting the growth of healthcare sector in the
  region is likely to swell the demand for
  anti-viral drugs.
• Middle East Africa anti-viral drugs market is
  expected to grow at a significant pace during the
  forecast period. In 2016, 25.6 Million people
  were estimated to be living with HIV. This factor
  is anticipated to trigger the growth of
  anti-viral drugs market in Middle East Africa
  region. The demand for anti-viral drugs in Latin
  America is forecasted to increase in the upcoming
  years. High number of deaths caused from viral
  diseases is predicted to garner the growth of
  anti-viral drugs in the Latin America region.
• On the basis of type, anti-viral drug market is
  further segmented into generic drugs and branded
  drugs. Generic drugs accounted for the largest
  percentage of market share in overall anti-viral
  drug market. Further, this segment is anticipated
  to witness highest CAGR during the forecast
  period.
• Market Segmentation
• Our in-depth analysis has segmented global
  anti-viral drug market into the following
  segments
• By Type
• Generic Drugs
• Branded Drugs
• By Application
• HIV Treatment
• Hepatitis Treatment
• Herpes Treatment
• Influenza Treatment

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• By End User
• Hospitals
• Clinics
• Others
• By Region
• Global anti-viral drug market is further
  classified on the basis of region as follows
• North America (U.S. Canada) Market size, Y-O-Y
  growth Opportunity Analysis
• Latin America (Brazil, Mexico, Rest of Latin
  America) Market size, Y-O-Y growth Opportunity
  Analysis
• Europe (U.K., Germany, France, Italy, Spain,
  Hungary, Belgium, Netherlands Luxembourg, Rest
  of Europe) Market size, Y-O-Y growth
  Opportunity Analysis
• Asia-Pacific (China, India, Japan, Singapore,
  Australia, New Zealand, South Korea Rest of
  Asia-Pacific) Market size, Y-O-Y growth
  Opportunity Analysis
• Middle East and Africa (GCC, North Africa, South
  Africa Rest of Middle East and Africa) Market
  Size and Y-O-Y Growth Analysis
• Growth Drivers Challenges
• Rising number of HIV cases is expected to be one
  of the key growth drivers for anti-viral drugs
  market. Further, rising awareness about this
  deadly diseases are substantially raising the
  demand for the anti-viral drugs globally.
  According to WHO, the number of people infected
  with HIV were estimated to be 36.7 Million in
  2016. Additionally, 1.8 Million new cases of HIV
  were registered in 2016. This high growth in the
  number of HIV cases is believed to garner the
  growth of global anti-viral drugs market.
• Furthermore, research development associated
  with the anti-viral drugs market is expected to
  drive the growth of the anti-viral drugs market
  globally. Apart from this, favorable government
  healthcare regulations are envisioned to bolster
  the growth of the global anti-viral drugs market.
  In contrast, high cost of advanced developing
  anti-viral drugs is anticipated to restrain the
  development of anti-viral drugs market. Further,
  lack of awareness about the viral diseases is
  expected to limit the growth of the global
  anti-aging market.

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• Key Players
• GlaxoSmithKline PLC
• Company Overview
• Key Product Offerings
• Business Strategy
• SWOT Analysis
• Financials
• Johnson and Johnson
• Merck Co
• Abbott Laboratories
• Cipla Limited
• F. Hoffmann-La Roche Ltd.
• Bristol-Myers-Squibb
• Gilead Sciences
• Scope and Context
• Overview of the Parent Market
• Analyst View

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