Oseltamivir Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2021 - 2026
Oseltamivir Market size is forecast to reach $694.3 million by 2025, growing at a CAGR of 3.17% during the forecast period 2020-2025. Oseltamivir, sold under the brand name Tamiflu, is an antiviral medication used to treat and prevent influenza A and influenza B. Many medical organizations recommend it in people who have complications or are at high risk of complications within 48 hours of first symptoms of infection. It helps make the symptoms like stuffy nose, cough, sore throat, fever/chills, aches, and tiredness less severe and shortens the recovery time by 1-2 days. Oseltamivir acts as neuraminidase inhibitor of the influenza virus, by preventing its reproduction by budding from the host cell. This also prevents the cleavage of sialic acid residues, thus interfering with progeny virus disbursement within the mucosal secretions and reducing viral infectivity. Growing incidences of influenza among the population, increasing awareness about the prevention, and increasing investments in novel drug combinations by big investment firms are major factors that are driving the market growth in recent years. In addition, major developments by key market players like Alembic Pharmaceuticals are other factors driving the growth of the market.
Report Coverage
Key Takeaways
- North America dominated the Oseltamivir Market in the year 2019 owing to large number of cases of the population infected with influenza, increasing healthcare affordability of the majority population and government initiatives, presence of key market players in the region and funds for better innovations in the drug market. The Oseltamivir Market scope for different regions will be provided in the final report.
- Rising numbers of influenza cases among the population, increasing awareness programs about the prevention and treatment of influenza, and increasing investments in novel drug combinations by big investment firms and key players in the market have helped in significant growth of Oseltamivir Market.
- Detailed analysis on the Strength, Weakness and Opportunities of the prominent players operating in the market will be provided in the Oseltamivir Market report.
- Side effects of Oseltamivir is anticipated to hamper the market growth of the Oseltamivir Industry.
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