About Antiviral Combination Therapies
During the assessment period, the demand for antiviral combination therapies is expected to grow at a rapid pace. In order to innovate in combination therapy trials, medical institutes are increasing their efforts to partner with hospitals. Antiviral drugs combined with antibiotics have been found to have promising potential in reducing coronavirus symptoms in patients. Traditional Chinese medicine (TCM) combined with antiviral drugs for the treatment of chronic hepatitis B is one of the latest therapy avenues being investigated by healthcare companies (CHB). For red blood cells, the Chinese antiviral decoction YinQiSanHuang with entecavir is becoming more common.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global Antiviral Combination Therapies market is highly competitive. To survive in the competitive market, key players adopted advanced healthcare technology for improved healthcare services. Furthermore, in order to retain market share and diversify its product portfolio, major players often adopt strategies such as mergers, acquisitions, and new product launches. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Antiviral Combination Therapies market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Celltrion, Inc. (South Korea), GlaxoSmithKline plc (United Kingdom), Gilead Sciences, Inc. (United States), AbbVie, Inc. (United States), Bristol-Myers Squibb Company (United States), Janssen Global Services (United States), Cipla, Inc. (India), Mylan N.V. (United States), Merck & Co., Inc. (United States) and F. Hoffmann-La Roche Ltd. (Switzerland) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Antiviral Combination Therapies market by Type (Branded and Generic) and Region.
On the basis of geography, the market of Antiviral Combination Therapies has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Route of Administration, the sub-segment i.e. Oral will boost the Antiviral Combination Therapies market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Indication, the sub-segment i.e. HIV will boost the Antiviral Combination Therapies market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Drug Combination, the sub-segment i.e. NRTI/NNRTI will boost the Antiviral Combination Therapies market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Ability of the Combination Therapy to Control the Antibiotic Resistance
Market Growth Drivers:
Growth in Spending on Research & Development by Market Players for the Development of Effective Antiviral Combination Therapies for the Treatment of a Range of Viral Diseases
Challenges:
High Cost of Antiviral Drug Treatment
Restraints:
Stringent Regulatory Norms regarding Therapies
Opportunities:
Increase in Focus on Drug Repurposing and Vaccine Development for the Treatment of COVID-19 and Rising Number of Product Approvals for Combination Therapy
Market Leaders and their expansionary development strategies
In December 2023, Gilead Sciences (GILD) announced a strategic partnership with Jounce Therapeutics (JNCE) to co-develop and commercialize novel immuno-oncology and antiviral combination therapies. The deal includes an upfront payment, potential milestones, and royalties for Jounce.
Key Target Audience
Research Organisations, Government & Regulatory Bodies, Health Care Sector, Potential Investors and Downstream Vendors
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.