UAE Antiviral Drugs Market Size & Outlook, 2022-2030
UAE antiviral drugs market, 2018-2030 (US$M)
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UAE antiviral drugs market highlights
- The UAE antiviral drugs market generated a revenue of USD 200.8 million in 2022 and is expected to reach USD 134.7 million by 2030.
- The UAE market is expected to grow at a CAGR of -4.9% from 2023 to 2030.
- In terms of segment, hiv was the largest revenue generating application in 2022.
- HIV 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 200.8 million |
| Market revenue in 2030 | USD 134.7 million |
| Growth rate | -4.9% (CAGR from 2022 to 2030) |
| Largest segment | Hiv |
| Fastest growing segment | HIV |
| 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, UAE accounted for 0.3% 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 |
|---|
UAE 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 25.35% in 2022. Horizon Databook has segmented the UAE antiviral drugs market based on hiv, hepatitis, herpes, influenza covering the revenue growth of each sub-segment from 2018 to 2030.
The UAE market is rapidly growing. Although UAE currently imports the majority of its pharmaceuticals, this scenario is changing, and some international pharmaceutical giants have partnered with UAE companies to manufacture products locally. The COVID-19 pandemic has increased the country’s focus on investing in life sciences domestically and internationally.
Moreover, initiatives to enhance public health in UAE are taken, which is further anticipated to propel the growth of the market in the country. For instance, in January 2023, Pharmacists in UAE announced a collaboration for the adoption of vaccinations and antiviral medication in the country.
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Target buyers of UAE 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 UAE antiviral drugs market , including forecasts for subscribers. This country databook contains high-level insights into UAE antiviral drugs market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE antiviral drugs market size, by application, 2018-2030 (US$M)
UAE Antiviral Drugs Market Outlook Share, 2022 & 2030 (US$M)
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