REPORT HIGHLIGHT
Antiviral Combination Therapies Market size was valued at USD 46,806 Million in 2022, expanding at a CAGR of 4.8% from 2023 to 2030.
Antiviral combination treatments, sometimes referred to as aggregate antiviral therapy (CART), include using several antiviral medications together to treat viral infections. This method includes combining various antiviral drugs that target various viral replication cycle components or individual viral traces to increase treatment efficacy and lower the risk of drug resistance. Antiviral aggregate treatment is necessary because viruses frequently have rapid mutation rates, which enable them to quickly adapt and build up resistance to single capsules.
Antiviral Combination Therapies Market - Market Dynamics:
- The growing prevalence of viral infection drives the market growth
- The growing prevalence of viral infection is expected to drive market growth during the forecast period. Each year, a sizable fraction of the world's population is impacted by viral illnesses including HIV/AIDS, hepatitis, COVID-19, influenza, and herpes. Compared to single-drug therapy, antiviral combination medicines have several advantages, including a greater ability to postpone or inhibit the development of drug resistance. Additionally, antiviral combination therapy has established itself as the gold standard for the treatment of chronic viral diseases including HCV and HIV. Antiviral combination medicines have been essential in the treatment of HIV by utilizing highly active antiretroviral therapy for lowering drug resistance and limiting virus transmission. In addition to effectively treating acute viral infections like influenza, these combination medicines, according to NCBI, can also lower drug resistance, inhibit viral reproduction, improve efficiency, and lower the mortality rate. Thus, this is expected to drive the market growth.
Antiviral Combination Therapies Market - Key Insights:
- As per the analysis shared by our research analyst, the global Antiviral Combination Therapies market is estimated to grow annually at a CAGR of around 4.8% over the forecast period (2023-2030)
- The antiviral Combination Therapies industry is projected to grow at a significant rate owing to the growing prevalence of viral infection.
- Based on the drug combination, the RTI/NNRTI segment is expected to dominate the market during the forecast period.
- Based on region, North America is expected to dominate the market over the forecast period.
Antiviral Combination Therapies Market- Segmentation Analysis:
- The Global Antiviral Combination Therapies Market is segmented based on Drug Combination, Product, Distribution Channel and Region.
- Based on the drug combination, the global Antiviral Combination Therapies market is segmented into RTI/NNRTI, Integrase Inhibitor/NRTI, NRTI, NRTI/Protease Inhibitor, and Others. The RTI/NNRTI segment is expected to dominate the market during the forecast period. RTI/NNRTI aggregate medicines, which are significant in the field of antiviral combination treatments, notably in the treatment of HIV/AIDS, can be credited with the expansion. It aids in putting a stop to viral proliferation. Additionally, NRTIs, a subgroup of RTIs, are nucleoside analogs that imitate the natural nucleotides found in the viral DNA chain with the primary goal of stopping viral DNA production.
Antiviral Combination Therapies Market- Geographical Insights
Geographically, this market is widespread in the regions of North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. These regions are further divided as per the nations bringing business. North America is expected to dominate the market over the forecast period due to the increasing prevalence of HIV, Hepatitis, Influenza and others. Moreover, the market's expansion in North America will also be significantly aided by the presence of important pharmaceutical businesses as well as continuing research and development projects. On the other hand, the Asia Pacific is expected to grow at the highest CAGR during the forecast period. The market growth in the region is attributed to the growing pharmaceutical industry and increasing government initiatives.
Antiviral Combination Therapies Market- Competitive Landscape:
The key players operating in the market are: Merck & Co. Inc., ViiV Healthcare, Gilead Sciences Inc., AbbVie Inc., Janssen Pharmaceuticals, Bristol Myers Squibb, Boehringer Ingelheim Pharmaceuticals Inc., Roche Holding AG, Mylan N.V. and Cipla Ltd.
Recent Developments:
In February 2023, Atea Pharmaceuticals unveiled impressive findings from a Phase 2 clinical study of AT-527, a COVID-19 capacity treatment. A small chemical called AT-527 interferes with the SARS-CoV-2 virus's entrance mechanism. This breakthrough may improve the commercial environment for antiviral combo treatments.
Key features of the study:
- This proposed research study on Antiviral Combination Therapies market provides market size (US$ million), compound annual growth rate (CAGR %) and forecast estimation (2023-2030), considering 2022 as the base year
- The report provides the client the latest up-to-date and trending insights about the Antiviral Combination Therapies market.
- The research report elucidates potential growth opportunities across different segments/countries and explains attractive investment proposition matrix for Antiviral Combination Therapies market
- The overall report identifies new investment opportunities, challenges faced by established players, and growth factors to sustain in the Antiviral Combination Therapies market
- Impact of COVID-19 on Antiviral Combination Therapies market size, forecast, CAGR, and market dynamics are discussed in detail under the research scope. Detailed insight on Antiviral Combination Therapies market post-COVID will also be covered.
- In order to give the users of this report a comprehensive view on the Antiviral Combination Therapies market, we have also included competitive landscape and key innovator analysis for the Antiviral Combination Therapies market.
- The study encompasses a growth prospect mapping analysis, wherein all the industry segments are benchmarked based on their market size, growth rate and attractiveness.
- The report offers detailed company profiling featuring major market participants which will help users to understand their financial information and strategic initiatives of players operating in the Antiviral Combination Therapies market.
- In addition, the report also unveils the important acquisitions & mergers, collaborations & joint ventures, new launch, research & development, regional expansion of major participants involved in the market on global as well as regional level.
- The global Antiviral Combination Therapies market report primarily caters to various stakeholders in this industry including suppliers, investors, new entrants, distributors, and financial analysts
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL ANTIVIRAL COMBINATION THERAPIES MARKET KEY PLAYERS
- Merck & Co. Inc.
- ViiV Healthcare
- Gilead Sciences Inc.
- AbbVie Inc.
- Janssen Pharmaceuticals
- Bristol Myers Squibb
- Boehringer Ingelheim Pharmaceuticals Inc.
- Roche Holding AG
- Mylan N.V.
- Cipla Ltd.
GLOBAL ANTIVIRAL COMBINATION THERAPIES MARKET, BY DRUG COMBINATION
- RTI/NNRTI
- Integrase Inhibitor/NRTI
- NRTI
- NRTI/Protease Inhibitor
- Others
GLOBAL ANTIVIRAL COMBINATION THERAPIES MARKET, BY PRODUCT
GLOBAL ANTIVIRAL COMBINATION THERAPIES MARKET, BY DISTRIBUTION CHANNEL
- Hospital Pharmacies
- Retail Pharmacies
- Others
GLOBAL ANTIVIRAL COMBINATION THERAPIES MARKET, BY REGION
- Europe
- Germany
- France
- Italy
- Spain
- United Kingdom
- Russia
- Netherlands
- Sweden
- Poland
- Rest of Europe
- Asia Pacific
- India
- China
- South Korea
- Japan
- Australia
- Thailand
- Indonesia
- Philippines
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- Rest of LATAM
- The Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Israel
- Turkey
- Algeria
- Egypt
- Rest of MEA