Global Antiviral Combination Therapies Market is valued approximately USD 40.4 billion in 2019 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period. Antiviral Combination Therapies are drugs developed using a combination of two or more drugs for the treatment of various viral diseases including hepatitis C, HIV and hepatis B. The combination antiretroviral therapy aids in stopping the virus from multiple copies of itself in the body. Also, the triple combination of lopinavir-ritonavir and infection beta-1b holds promising potentials in the treatment of coronavirus. Researchers in healthcare organizations and companies are referring historical findings of the lopinavir-ritonavir & ribavirin combination, which was effective in lowering mortality and morbidity rate of then severe acute respiratory syndrome. Also, the key players are focusing on strategies such as product launch, innovation and merger & acquisition to sustain themselves amidst fierce competition. The growth of the market is attributed owing to the increase in investment in research and development for the development of combination medications that aid in fighting antiviral resistance, rise in prevalence of viral diseases, surge in demand for antiviral combination for the treatment of HIV would drive the growth of the market. Germany- based Boehringer Ingelheim, in April 2018, announced to invest about 75 million in a high-tech building at its Lyon Porte-des-Alpes in France to meet the growing demand for avian vaccines worldwide. Thus, with the rising prevalence of viral diseases, the need and demand for antiviral combination therapies would increase thereby, reinforcing the growth of the market during the forecast period of 2020-2027. However, stringent government regulation is hampering the growth of the market during the forecast period of 2020-2027.
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The regional analysis of global Antiviral Combination Therapies market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region due to presence of leading players, rise in usage of antiviral combination therapies for treating viral diseases, strong pipeline of drugs, and increase in research on the development of antiviral combination drugs for treatment of COVID-19. Whereas Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027.
Major market player included in this report are:
Gilead Sciences, Inc.
Bristol-Myers Squibb Company
Janssen Global Services
LLC (Pharmaceutical Companies of Johnson & Johnson)
Merck & Co., Inc.
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