China Antiviral Drugs Market Size & Outlook, 2022-2030
China antiviral drugs market, 2018-2030 (US$M)
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China antiviral drugs market highlights
- The China antiviral drugs market generated a revenue of USD 1,766.5 million in 2022 and is expected to reach USD 1,606.8 million by 2030.
- The China 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 1,766.5 million |
| Market revenue in 2030 | USD 1,606.8 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, China accounted for 2.4% 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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China 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 34.38% in 2022. Horizon Databook has segmented the China antiviral drugs market based on hiv, hepatitis, herpes, influenza covering the revenue growth of each sub-segment from 2018 to 2030.
China is one of the major pharmaceutical markets in APAC and its growth is driven by the local presence of a large number of drug manufacturers, favorable government initiatives, and high viral disease burden due to its large population.
In addition, supportive regulatory framework and high demand for innovative drugs are expected to offer lucrative growth opportunities in the market. For instance, in July 2022, Genuine Biotech received approval for its homegrown antiviral pill for COVID-19, formerly employed in treating HIV in China.
Moreover, in December 2022, China approved molnupiravir, an antiviral drug developed by Merck & Co., Inc. for COVID-19 therapy amid drug shortages in China. Furthermore, China has consistently been an innovator in the pharmaceutical sector owing to its favorable R&D policies and funding programs.
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Target buyers of China 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 China antiviral drugs market , including forecasts for subscribers. This country databook contains high-level insights into China antiviral drugs market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China antiviral drugs market size, by application, 2018-2030 (US$M)
China Antiviral Drugs Market Outlook Share, 2022 & 2030 (US$M)
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