Japan Antiviral Drugs Market Size & Outlook, 2022-2030
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Japan antiviral drugs market highlights
- The Japan antiviral drugs market generated a revenue of USD 2,747.4 million in 2022 and is expected to reach USD 2,164.0 million by 2030.
- The Japan market is expected to grow at a CAGR of -2.9% 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 2,747.4 million |
| Market revenue in 2030 | USD 2,164.0 million |
| Growth rate | -2.9% (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, Japan accounted for 3.8% 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 |
|---|---|---|---|---|
| Aurobindo Pharma | View profile | 10001+ | Hyderabad, Andhra Pradesh, India, Asia | http://aurobindo.com |
| Bristol-Myers Squibb Co | View profile | 34100 | Route 206 and Province Line Road, Princeton, New Jersey, NJ, United States, 08543 | https://www.bms.com |
| Merck & Co Inc | View profile | 72000 | 126 East Lincoln Avenue, Rahway, NJ, United States, 07065 | https://www.merck.com |
| Roche Holding AG | View profile | 103605 | Grenzacherstrasse 124, Basel, Switzerland, 4070 | https://www.roche.com |
| GSK PLC ADR | View profile | 70200 | 980 Great West Road, Brentford, Middlesex, United Kingdom, TW8 9GS | https://www.gsk.com |
| AbbVie Inc | View profile | 50000 | 1 North Waukegan Road, North Chicago, IL, United States, 60064-6400 | http://www.abbvieinvestor.com |
| Dr Reddy's Laboratories Ltd ADR | View profile | 22822 | 8-2-337, Road No. 3, Banjara Hills, Hyderabad, TG, India, 500 034 | https://www.drreddys.com |
| Johnson & Johnson | View profile | 134400 | One Johnson and Johnson Plaza, New Brunswick, NJ, United States, 08933 | https://www.jnj.com |
Japan 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 34.37% in 2022. Horizon Databook has segmented the Japan antiviral drugs market based on hiv, hepatitis, herpes, influenza covering the revenue growth of each sub-segment from 2018 to 2030.
Japan is one of the most technologically advanced countries in Asia Pacific. Its antiviral drugs market is expected to grow rapidly over the forecast period owing to high government spending to reduce the viral burden. Various initiatives, such as government grants to various research institutes and companies, can help develop practical solutions for addressing the influenza burden in the country.
In September 2022, Japan announced an investment of USD 2 billion in a research initiative to boost drug R&D in the country. Similarly, in October 2022, the Japanese government started preparations against the flu and COVID-19. Under these preparations, the government recommends people get vaccinated against the flu if they notice any symptoms.
Moreover, several organic and inorganic initiatives undertaken by leading participants to strengthen their presence are driving the country’s market. For instance, in May 2023, Shionogi announced the Phase I trial of S-892216, an investigational antiviral drug in Japan.
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Target buyers of Japan 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 Japan antiviral drugs market , including forecasts for subscribers. This country databook contains high-level insights into Japan antiviral drugs market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan antiviral drugs market size, by application, 2018-2030 (US$M)
Japan Antiviral Drugs Market Outlook Share, 2022 & 2030 (US$M)
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