Oseltamivir Market Growing at a CAGR of 3.17% During Forecast Period 2020-2025


Posted January 5, 2021 by Blessy_Joy

Increasing awareness about the prevention, and increasing investments in novel drug combinations by big investment firms are major factors that are driving the Oseltamivir market growth in recent years.

 
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. 

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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.

Geography - Segment Analysis
North America dominated the geography segment of Oseltamivir Market with a share of more than 37.41% in 2019, followed by Europe. Growing prevalence of influenza, increasing healthcare affordability of the masses and government initiatives for increasing awareness about prevention and treatment of influenza have helped in the growth of Oseltamivir Market infrastructure in this region. Europe held the second place in the geography segment share of the market, owing to presence of government guidelines for maintaining health of the population and presence of well-developed healthcare infrastructure.

However, Asia-Pacific is estimated to grow at a higher CAGR during the forecast period 2020-2025. This is owing to the growing drug market, gradually increasing awareness about the medications of influenza and entry of big investment firms in the region.

Drivers – Oseltamivir Market
Rising numbers of influenza cases among the population
Increasing awareness programs about Influenza

Oseltamivir Industry Outlook
Oseltamivir Market top 10 companies are Cipla Inc, Sanofi, Hetero Healthcare Ltd, Lotus International, Md Export, Nagar Medico, Alembic Pharmaceuticals, Shivam Pharma Export, Natco Pharma and Triveni Chemical, among others.

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Issued By Blessy
Country India
Categories Business
Tags oseltamivir market , oseltamivir market growth , oseltamivir market research , oseltamivir market share , oseltamivir market size
Last Updated January 5, 2021