South Africa Antiviral Drugs Market Size & Outlook
South Africa antiviral drugs market, 2018-2030 (US$M)
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South Africa antiviral drugs market highlights
- The South Africa antiviral drugs market generated a revenue of USD 357.7 million in 2022 and is expected to reach USD 237.9 million by 2030.
- The South Africa market is expected to grow at a CAGR of -5% 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 357.7 million |
| Market revenue in 2030 | USD 237.9 million |
| Growth rate | -5% (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, South Africa accounted for 0.5% 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 Middle East & Africa, Saudi Arabia antiviral drugs market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 134.7 million by 2030.
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Antiviral Drugs Market Scope
Antiviral Drugs Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa 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 34.36% in 2022. Horizon Databook has segmented the South Africa antiviral drugs market based on hiv, hepatitis, herpes, influenza covering the revenue growth of each sub-segment from 2018 to 2030.
Compared with other regions, Africa has a greater overall incidence of viral diseases, and no evidence that this prevalence has decreased recently. Technological developments have enabled the evolution of the pharmaceutical industry in the region. However, investments arise when private companies try setting up pharmaceutical production facilities in the country.
However, initiatives are being undertaken by key players in the country to enhance the therapeutics in the market. For instance, in September 2022, a new initiative was launched for the introduction of COVID-19 oral antivirals in 10 countries across Southern Asia and Africa to support and scale up access to antivirals.
The high prevalence of comorbidities in South Africa, such as noncommunicable chronic diseases, which are associated with an increased risk of severe influenza, intensifies seasonal influenza's health & economic burden. Some of the key players operating in the market are Pfizer, Inc.; GSK plc.; and Sanofi. These players are constantly focusing on developing and commercializing antiviral drugs in the country to meet the increasing demand.
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Target buyers of South Africa 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 South Africa antiviral drugs market , including forecasts for subscribers. This country databook contains high-level insights into South Africa antiviral drugs market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa antiviral drugs market size, by application, 2018-2030 (US$M)
South Africa Antiviral Drugs Market Outlook Share, 2022 & 2030 (US$M)
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