Market revenue in 2022 | USD 27,990.4 million |
Market revenue in 2030 | USD 23,613.2 million |
Growth rate | -2.1% (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 |
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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 34.3% in 2022. Horizon Databook has segmented the U.S. antiviral drugs market based on hiv, hepatitis, herpes, influenza covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. accounted for the major revenue share of the antiviral drugs market in 2022. Rapid technological advancements, recent U.S. FDA approvals for antiviral drugs, and intense competition between companies are expected to boost the market over the forecast period.
For instance, in March 2023, Pfizer Inc. entered into a research collaboration with Emory University to advance and develop novel antiviral agents. In May 2023, Pfizer, Inc. received FDA approval for PAXLOVID, an oral treatment for COVID-19. Moreover, in November 2020, Amneal Pharmaceuticals, Inc. received FDA approval for acyclovir cream, a generic Zovirax version.
Furthermore, supportive government initiatives for vaccination and research activities are propelling the growth of the country’s market. In addition, the regulatory and reimbursement landscape is continuously evolving to adapt to the fast-paced research progress in this sector.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. antiviral drugs market , including forecasts for subscribers. This country databook contains high-level insights into U.S. antiviral drugs market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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