Overview and Scope
Antiviral combination therapy involves using multiple antiviral medications to treat viral infections. This therapy is used to improve treatment effectiveness by targeting multiple aspects of the virus’s life cycle and reducing drug resistance.
Sizing and Forecast
The antiviral combination therapy market size has grown strongly in recent years. It will grow from $51.15 billion in 2023 to $54.5 billion in 2024 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to risen viral infections, patient preference for combination treatments, emergence of drug resistance, advancements in virology and immunology, global healthcare initiatives.
The antiviral combination therapy market size is expected to see strong growth in the next few years. It will grow to $71.16 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to continued viral threats, research and development investments, global health preparedness, patient-centric approaches, potential expansion to new viral indications. Major trends in the forecast period include integration of nanotechnology, clinical trials for innovative combinations, collaborations for research and development, application of artificial intelligence in drug discovery, strategies for overcoming drug resistance.
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Segmentation & Regional Insights
The antiviral combination therapy market covered in this report is segmented –
1) By Type: Branded, Generic
2) By Drug Combination: Nucleotide Reverse Transcriptase Inhibitors/Non-Nucleotide Reverse Transcriptase Inhibitors, Integrase Inhibitor/Nucleotide Reverse Transcriptase Inhibitors, Nucleotide Reverse Transcriptase Inhibitors, Nucleotide Reverse Transcriptase Inhibitors/Protease Inhibitor, Other Drug Combinations
3) By Route Of Administration: Oral, Intravenous
4) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Other Distribution Channels
5) By Indication: Human Immunodeficiency Virus, Hepatitis, Other Indications
North America was the largest region in the antiviral combination therapy market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global antiviral combination therapy market report during the forecast period. The regions covered in the antiviral combination therapy market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The rise in the incidence of viral diseases is expected to propel the growth of the antiviral combination therapy market over the coming years. Viral diseases are illnesses caused by viruses, which are microscopic infectious agents. Viruses have genetic material such as DNA or RNA surrounded by a protein coat. Antiviral combination therapies are used to reduce the risk of drug resistance and improve the effectiveness of treatment. For instance, in June 2022, according to the report published by the World Health Organization (WHO), a Switzerland-based government agency responsible for international public health, 354 million individuals around the globe become are suffering from hepatitis B or C infections, and 1.5 million new hepatitis C infections occurring per year. Therefore, an increase in incidences of viral diseases is driving the growth of the antiviral combination therapy market.
Key Industry Players
Major companies operating in the antiviral combination therapy market report are AbbVie Inc., Bristol-Myers Squibb Company, Celltrion Inc., Cipla Inc., F. Hoffmann-La Roche Ltd., Gilead Sciences Inc., GlaxoSmithKline plc, Janssen Global Services LLC, Merck & Co. Inc., Mylan N.V., Aurobindo Pharma Limited, Dr. Reddy’s Laboratories Limited, Novartis International AG, Pfizer Inc., Teva Pharmaceutical Industries Ltd., Atea Pharmaceuticals Inc., AstraZeneca plc, Eli Lilly and Company, Moderna Inc., Regeneron Pharmaceuticals Inc., Sanofi S.A., Takeda Pharmaceutical Company Limited, Vir Biotechnology Inc., Johnson & Johnson, Roche Holding AG, Sun Pharmaceutical Industries Ltd., Hetero Drugs Limited, Macleods Pharmaceuticals Ltd., Emcure Pharmaceuticals Ltd., AuroMedics Pharma LLC, Alembic Pharmaceuticals Limited, Zydus lifescience Ltd., Strides Pharma Science Limited, Glenmark Pharmaceuticals Inc., Lupin Pharmaceuticals Inc.
The antiviral combination therapy market report table of contents includes:
1. Executive Summary
2. Antiviral Combination Therapy Market Characteristics
3. Antiviral Combination Therapy Market Trends And Strategies
4. Antiviral Combination Therapy Market – Macro Economic Scenario
5. Global Antiviral Combination Therapy Market Size and Growth
….
31. Global Antiviral Combination Therapy Market Competitive Benchmarking
32. Global Antiviral Combination Therapy Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Antiviral Combination Therapy Market
34. Antiviral Combination Therapy Market Future Outlook and Potential Analysis
35. Appendix
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