SAN FRANCISCO, March 8, 2017 /PRNewswire/ --
The global antiviral drugs market is expected to reach avalue of USD 69.2 billion by 2025, based on a new report by Grand View Research, Inc. According to the WHO, cases of viral infections increase by more than 1 million each year with around 357 million patients already suffering
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Introduction of efficient antiviral drugs with benefits such as rapid action, increased sensitivity, and lower adverse effects is expected to serve this market as a high-impact rendering driver over the forecast period. For instance, Gilead Sciences introduced an FDA-approved drug-Genvoya-in 2016 for treatment of AIDS patients who have previously faced adverse effects, such as bone loss and kidney dysfunction.
Low levels of hygiene, growing geriatric population, and increasing awareness through government campaigns are other drivers resulting in high acceptance of antiviral drugs in developing countries.
Browse full research report with TOC on "Antiviral Drugs Market Analysis By Mechanism of Action (Nucleotide Polymerase Inhibitor, Reverse Transcriptase Inhibitor, Protease Inhibitor), By Application ((HIV, Hepatitis, HSV, Influenza), By Type (Generic, Branded)), And Segment Forecasts, 2014 - 2025" at: http://www.grandviewresearch.com/industry-analysis/antiviral-drugs-market
Further key findings from the report suggest:
Browse related reports by Grand View Research:
Grand View Research has segmented the antiviral drugs market based on mechanism of action, type, application, and region:
Read Our Blog: Antiviral Drugs Market: Urgent need for development of antiviral drugs with improved efficacy
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc Phone: 1-415-349-0058 Toll Free: 1-888-202-9519 Email: [email protected]
SOURCE Grand View Research, Inc.
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