Launching of generic versions of branded products will promote the growth of the Influenza Antiviral Market

Influenza Antiviral Market Overview

Influenza is a viral disease having the same symptoms as most of the flus, such as fever, chills, cough, pain, sore throat, etc. Influenza antiviral drugs make the most effective and safe treatment option for this flu and are available in the form of pills, inhalers, oral suspension and injectable. These drugs are sold only with a prescription and are not available over the counter. Influenza antiviral drugs make flu symptoms milder and reduce the duration of illness. However, they do not eliminate the risk of complications, which include bacterial infections, pneumonia, organ system abnormalities, etc. Oseltamivir, Zanamivir and Peramivir are the most preferred drugs, which are effective against both influenza A and B viruses. These commercially approved influenza antiviral drugs also have several side effects, such as nausea, vomiting, diarrhoea and certain behavioural changes. The drugs are available to be used for children, adults as well as old people.

Influenza outbreaks usually happen every year and may reach epidemic levels during some seasons. Influenza antiviral drugs create a huge healthcare burden globally each year. According to CDC, there have been between 9.2 million and 35.6 million cases, between 140,000 and 710,000 hospitalization cases and between 12,000 and 56,000 deaths annually, since 2010, in the U.S.

Influenza Antiviral Market: Drivers & Restraints

Ongoing R&D, increasing demand for government stockpiling and strong R&D focus will fuel the growth of the influenza antiviral drugs market. Launching of generic versions of branded products will also promote the growth of the influenza antiviral market. For instance, the generic version of Tamiflu antiviral drug was released in 2016 and has affected the Influenza Antiviral Market positively. Adoption of influenza vaccination is also a restraint to the growth of the influenza antiviral market. Unmet medical needs in certain global regions will also limit the market growth of the influenza antiviral market.

Influenza Antiviral Market: Overview

Mergers and collaborations among the market players for R&D, product manufacturing and marketing will play an important role in the growth of the Influenza Antiviral Market. Influenza is a seasonal outbreak and thus, the market for its drugs is also expected to grow during the outbreaks. Currently marketed influenza antiviral medications are approximately 70% to 90% effective in preventing influenza. Several studies for the available drugs have also proved their efficacy in children as well as adults. According to CDC, there are currently no major market shortages of influenza antiviral medications. Resistance associated with the currently marketed drugs might generate the need for the development of novel medications. Also, there exists variations in the working of antiviral drugs, depending on the influenza strain of influenza. Several new findings are still going on to develop safe and effective influenza antiviral drugs. New drugs are anticipated to get approved and marketed in the next few years, which will provide physicians with more options for the treatment and prevention of the disease.

Influenza Antiviral Market: Region-wise Outlook

Geographically, North America holds the largest share in the influenza antiviral market owing to the high prevalence of influenza in the region and the favorable reimbursement scenario in the region. North America is followed by the Western Europe market due to easy access to healthcare facilities and governmental support for the control on the spread of contagious diseases. The Asia-Pacific market is also anticipated to expand at a significant growth rate over the forecast period due to the improving healthcare facilities and increasing accessibility to disease diagnosis. China and India are the countries with highest growth rate in the region. Latin America followed by MEA represents the lowest market share due to inaccessibility to healthcare facilities in the region. However, various kinds of governmental and non-governmental support is available in the region, which will drive the growth of the market.

For more insights into the market, request a sample of this report@ https://www.futuremarketinsights.com/reports/sample/rep-gb-7031

Influenza Antiviral Market: Key Players

Some of the market participants identified across the value chain of the Influenza Antiviral market are F. Hoffmann-La Roche Ltd., Cipla Limited, NATCO Pharma Limited, Seqirus USA Inc., GlaxoSmithKline Pharmaceuticals Ltd, Endo Pharmaceuticals, Sun Pharmaceutical Industries Ltd., Adamas Pharmaceuticals, Inc., Teva Pharmaceutical Industries Ltd., Novartis AG and others.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

or any queries linked with the report, ask an analyst>>

https://www.futuremarketinsights.com/ask-question/rep-gb-7031

About FMI:
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact Us:
Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

Leave a comment

Your email address will not be published. Required fields are marked *