Latin America Antiviral Drugs Market Size & Outlook
Latin America antiviral drugs market, 2018-2030 (US$M)
Related Markets
Latin America antiviral drugs market highlights
- The Latin America antiviral drugs market generated a revenue of USD 4,652.9 million in 2022.
- The market is expected to grow at a CAGR of -1.9% 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.
- Country-wise, Mexico is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 4,652.9 million |
| Market revenue in 2030 | USD 4,006.5 million |
| Growth rate | -1.9% (CAGR from 2022 to 2030) |
| Largest segment | Hiv |
| Fastest growing segment | Herpes |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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, Latin America region accounted for 6.4% of the global antiviral drugs market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 8,502.2 million by 2030.
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Antiviral Drugs Market Scope
Antiviral Drugs Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America 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 34.34% in 2022. Horizon Databook has segmented the Latin America antiviral drugs market based on hiv, hepatitis, herpes, influenza covering the revenue growth of each sub-segment from 2018 to 2030.
The Latin America influenza market has grown significantly in the past few years due to the high disease burden and increased demand for antiviral drugs. Mexico, Brazil, and Argentina are the major markets for antiviral drugs in Latin America.
Favorable government initiatives and research collaborations are anticipated to boost the market. In addition, the demand for antiviral drugs increased owing to the current viral disease burden and high demand from healthcare providers.
Furthermore, low awareness about the prevention & treatment of infectious diseases in undeveloped areas, high cost of treatment, and lack of favorable reimbursement policies are some of the factors responsible for restraining the growth of the market. However, rising disposable income and growing consumer awareness are some of the factors promoting market growth.
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Target buyers of Latin America 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 continent-level data and insights on the Latin America antiviral drugs market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America antiviral drugs market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America antiviral drugs market size, by country, 2018-2030 (US$M)
Latin America Antiviral Drugs Market Outlook Share, 2022 & 2030 (US$M)
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