According to Fact.MR, key players are actively focusing on novel drug development for HIV to improve the drug effects on the patients suffering from HIV. Increasing research and development (R&D) activities for the improvement of nucleoside reverse transcriptase inhibitors drugs such as zidovudine, iamivudine and more has improved the demand of oral antivirals. According to the study of World Health Organization, in 2020, around 38 million people across the globe were recorded with HIV and among those 1.8 million were children. Acknowledging this burden, healthcare professionals have increased the R&D activities for the drug development.
The demand for oral antiviral has been steadily rising as the coronavirus pandemic induced away towards protection and hygiene. To cater for the growing demand for antivirals, the leading manufacturers and the merging players have started to kick the opportunities to tackle the pandemic crisis and shape their position in the competitive oral antivirals market. Government support and manufacturers investment to develop safe and effective novel formulation has projected growth in demand for antivirals in the oral antivirals market.
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Key Segments of global oral antivirals market Covered in the Report
Based on type, the oral antivirals market has been segmented as
- Generic
- Branded
Based on drug class, the oral antivirals market has been segmented as
- Nucleoside reverse transcriptase inhibitors (NRTI)
- Neuraminidase inhibitor
- Nucleoside analogues of guanine
- Nucleoside analogues of thymidine
- Protease Inhibitors
- Nucleotide reverse transcriptase inhibitor (NtRTI)
- Combination Drugs
- Others
Based on disease indication, the oral antivirals market has been segmented as
- Influenza
- Hepatitis
- Human Immunodeficiency Virus (HIV)
- Coronavirus
- Others
Based on distribution channel, the oral antivirals market has been segmented as
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
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Competitive Landscape
Key players such as
- Novartis AG
- Abbvie Inc.
- GlaxoSmithKline
- Merck & Co.Inc.
- Bristol-Myers Squibb Company
- Mylan N.V.
- Gilead Sciences Inc.
- Janssen Pharmaceuticals Inc.
- Appili Therapeutics
- Boston biotech Atea Pharmaceutical
- others
Essential Takeaways from the Oral Antivirals Market Report
- Comparison of prominent players operating in the Oral Antivirals market
- Recent developments and key strategies adopted by market players
- Study of the micro and macro-economic growth indicators
- Impact of the various factors on the value chain of the Oral Antivirals market
- Growth opportunities for emerging market players in various regional markets
- Current trends influencing the scenario of the Oral Antivirals market
Important queries related to the Oral Antivirals market addressed in the report:
- Who are the most prominent players in the Oral Antivirals market?
- What are the factors that are likely to hinder the growth of the Oral Antivirals market during the forecast period?
- Why is the concentration of tier-1 companies high in specific region?
- How are the soaring prices of raw materials impacting the demand for Oral Antivirals?
- Why are market players eyeing opportunities in particular region?
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