Thailand Antiviral Drugs Market Size & Outlook, 2022-2030
Thailand antiviral drugs market, 2018-2030 (US$M)
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Thailand antiviral drugs market highlights
- The Thailand antiviral drugs market generated a revenue of USD 273.1 million in 2022 and is expected to reach USD 248.5 million by 2030.
- The Thailand 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 273.1 million |
| Market revenue in 2030 | USD 248.5 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, Thailand accounted for 0.4% 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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Thailand 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 34.46% in 2022. Horizon Databook has segmented the Thailand antiviral drugs market based on hiv, hepatitis, herpes, influenza covering the revenue growth of each sub-segment from 2018 to 2030.
The antiviral drugs market in Thailand is primarily saturated with foreign players and their subsidiaries, such as Sanofi and Pfizer, Inc. Furthermore, several government interventions to treat flu and other viral infectious diseases are anticipated to fuel market growth. For instance, in August 2022, Thailand announced its plans to treat flu-like COVID-19. Such government interventions are expected to drive the market.
Moreover, in March 2022, the Department of Medical Services, Ministry of Public Health, received 2 million capsules of oral antiviral medicine in Thailand from Merck & Co., Inc. Moreover, the country encourages local generics manufacturers to develop and manufacture drugs in the country. For instance, in June 2021, in Thailand, the patent application for favipiravir was rejected, which is expected to allow local generics production of antiviral medication in Thailand.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Thailand antiviral drugs market , including forecasts for subscribers. This country databook contains high-level insights into Thailand antiviral drugs market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Thailand antiviral drugs market size, by application, 2018-2030 (US$M)
Thailand Antiviral Drugs Market Outlook Share, 2022 & 2030 (US$M)
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