Australia Antiviral Drugs Market Size & Outlook, 2022-2030
Australia antiviral drugs market, 2018-2030 (US$M)
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Australia antiviral drugs market highlights
- The Australia antiviral drugs market generated a revenue of USD 888.2 million in 2022 and is expected to reach USD 808.4 million by 2030.
- The Australia market is expected to grow at a CAGR of -1.2% from 2023 to 2030.
- In terms of segment, hiv was the largest revenue generating application in 2022.
- Herpes is the most lucrative application segment registering the fastest growth during the forecast period.
Antiviral drugs market data book summary
| Market revenue in 2022 | USD 888.2 million |
| Market revenue in 2030 | USD 808.4 million |
| Growth rate | -1.2% (CAGR from 2022 to 2030) |
| Largest segment | Hiv |
| Fastest growing segment | Herpes |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | HIV, Hepatitis, Herpes, Influenza |
| Key market players worldwide | Roche Holding AG, GSK PLC ADR, AbbVie Inc, Merck & Co Inc, Johnson & Johnson, Bristol-Myers Squibb Co, Dr Reddy's Laboratories Ltd ADR, Aurobindo Pharma |
Other key industry trends
- In terms of revenue, Australia accounted for 1.2% of the global antiviral drugs market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan antiviral drugs market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,317.8 million by 2030.
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Antiviral Drugs Market Scope
Antiviral Drugs Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia antiviral drugs market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to antiviral drugs market will help companies and investors design strategic landscapes.
Hiv was the largest segment with a revenue share of 34.44% in 2022. Horizon Databook has segmented the Australia antiviral drugs market based on hiv, hepatitis, herpes, influenza covering the revenue growth of each sub-segment from 2018 to 2030.
Supportive government initiatives are among the key driving factors of the antiviral drugs market in Australia. For instance, in August 2022, the Australian government launched a COVID-19 campaign to spread awareness regarding oral antiviral treatments available in the market.
Moreover, in July 2022, Merck Sharp & Dohme (MSD) launched a multimillion-dollar advertising campaign as a result of a lack of public awareness of COVID-19 antiviral drugs in Australia to boost the uptake of antiviral drugs.
The favorable regulatory framework and high demand for antiviral drugs in the country are anticipated to boost market expansion. Furthermore, the high prevalence of viral diseases in the country makes it important for key players to formulate and manufacture newer drugs that are efficient & can help in reducing the burden of infection in the country.
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Target buyers of Australia antiviral drugs market databook
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Our clientele includes a mix of antiviral drugs market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Australia antiviral drugs market , including forecasts for subscribers. This country databook contains high-level insights into Australia antiviral drugs market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia antiviral drugs market size, by application, 2018-2030 (US$M)
Australia Antiviral Drugs Market Outlook Share, 2022 & 2030 (US$M)
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