Market Insights report
The Antiviral Drugs market includes treatments against viruses and virus-induced conditions, such as human immunodeficiency viruses (HIV), hepatitis B and C viruses (HBV and HCV), and Ebola. Therapies for the coronavirus disease 2019 (COVID-19), caused by the severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), are also included. HIV therapies also encompass highly active antiretroviral therapies (HAART) and post-exposure prophylaxis. In contrast to antibiotics, antivirals do not destroy the virus but rather inhibit its development.
What's included?
The largest area in the Antiviral Drugs market is HIV. In parts of the world, antiviral drugs have succeeded in keeping HIV a chronic condition without its progressing to AIDS. For hepatitis C, the number of new patients is shrinking in the U.S. and in Europe. Growth in the Antiviral Drugs market is partially driven by the testing of novel treatments for COVID-19. There are also more general drivers of the market: the rising number of HIV cases worldwide and the need for continuous development in the field of antiviral drugs as it is in the nature of viruses to mutate and thus to increase their tolerance to drugs. Growing revenues generated by drugs with active patents and the counteracting decline in the case of other drugs which face competition result in stagnant growth.
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