PUBLISHER: The Insight Partners | PRODUCT CODE: 1873986
PUBLISHER: The Insight Partners | PRODUCT CODE: 1873986
The market for antiviral drug resistance is anticipated to grow from US$ 3.71 billion in 2024 to US$ 6.35 billion by 2031, reflecting a compound annual growth rate (CAGR) of 7.9% during the period from 2031 to 2031. Key trends driving this market include the rising incidence of liver diseases, the ongoing prevalence of HIV and AIDS, and the increasing demand for high-quality products in developing countries.
Analysis of the Antiviral Drug Resistance Market
Globally, the prevalence of HIV/AIDS has seen a significant rise in recent years. Acquired immunodeficiency syndrome (AIDS), a chronic and potentially fatal condition, is caused by the human immunodeficiency virus (HIV), which severely compromises the immune system and hinders the body's ability to combat infections. Following the entry of HIV into the body, individuals may experience flu-like symptoms within a month, known as primary or acute HIV infection, which can last for several weeks. According to the US Department of Health & Human Services and the Secretary's Minority AIDS Initiative Fund (SMAIF), approximately 39 million individuals were living with HIV/AIDS globally in 2022, with a significant proportion residing in low- and middle-income countries. For example, the India HIV Estimation 2017 report (National Informatics Centre) estimates the HIV prevalence in India at 0.22% (ranging from 0.16% to 0.30%). Furthermore, the adult HIV prevalence is estimated at 0.25% (0.18%-0.34%) among males and 0.19% (0.14%-0.25%) among females. Consequently, the rising cases of viral infections in India are expected to boost the demand for antiviral drug resistance solutions during the forecast period.
Overview of the Antiviral Drug Resistance Market
The increasing rates of hepatitis and the growing prevalence of HIV/AIDS are propelling market growth. Additionally, the expansion of emerging markets is likely to positively influence demand during the forecast period. However, market growth may be hindered by alternative treatment approaches. In the United States, the prevalence of HIV has risen in recent years. Data from the US Department of Health & Human Services and the SMAIF indicates that nearly 32,100 Americans were newly diagnosed with HIV in 2021. These factors are expected to drive the growth of the antiviral drug resistance market in North America throughout the forecast period.
Strategic Insights
Drivers and Opportunities in the Antiviral Drug Resistance Market
Increasing Incidence of Hepatic Diseases to Benefit the Market
Viruses, which are microscopic pathogens, can lead to various infectious diseases, including the flu, common cold, and warts, as well as severe conditions like smallpox, HIV/AIDS, and Ebola. They replicate within host cells and can invade any healthy living cells, multiplying and producing more viruses. Different viruses target specific cells in the body, such as those in the liver, brain, skin, blood, and various systems including reproductive, respiratory, and gastrointestinal. The incidence of viral infections, particularly hepatitis, has risen globally in recent years. Hepatitis can cause liver damage and inflammation, posing a significant global health challenge that can lead to chronic infections and increased mortality risk from cirrhosis and liver cancer. Hepatitis is classified into types A, B, C, D, and E, each with different transmission methods. According to the World Health Organization (WHO), the highest prevalence of Hepatitis B is found in the African and Western Pacific regions, with infection rates of 6.1% and 6.2% among the adult populations, respectively.
Rising Healthcare Investments in Emerging Markets
Growing healthcare expenditures in emerging markets, particularly in the Asia Pacific and South and Central America, are facilitating the development of treatment options for various viral diseases through advanced techniques such as PCR (Polymerase Chain Reaction) and next-generation sequencing. Organizations like the National Cancer Institute (NCI) are funding research on HIV and AIDS-related malignancies to understand how aging with chronic HIV infections affects cancer risk, spectrum, and biology. Countries like China, Japan, and Brazil are significantly investing in healthcare to enhance their market presence and ensure the effective use of medical instruments and reagents in hospitals, research institutes, and diagnostic laboratories.
Segmentation Analysis of the Antiviral Drug Resistance Market
The antiviral drug resistance market analysis is segmented by type, disease indication, technology, and end users.
Geographical Analysis of the Antiviral Drug Resistance Market
The geographical scope of the antiviral drug resistance market report is divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America. North America holds the largest market share for antiviral drug resistance, driven by factors such as the prevalence of viral infections like HIV and hepatitis, as well as government-funded national programs. The incidence of HIV in the US has risen in recent years, with approximately 32,100 new infections reported in 2021. The Asia Pacific region is expected to experience the highest CAGR in the coming years.
Scope of the Antiviral Drug Resistance Market Report
Recent Developments in the Antiviral Drug Resistance Market
The antiviral drug resistance market is assessed through qualitative and quantitative data collected from primary and secondary research, including significant corporate publications, association data, and databases. Notable developments in the antiviral drug resistance market include:
Coverage and Deliverables of the Antiviral Drug Resistance Market Report
The report titled "Antiviral Drug Resistance Market Size and Forecast (2021-2031)" provides a comprehensive analysis of the market, covering the following areas: