Internet of Things (IoT) in Healthcare is fastest growing segment fueling the growth of Antiviral Drugs market
The global Antiviral Drugs Market is estimated to be valued at US$ 61324.71 Mn in 2023 and is expected to exhibit a CAGR of 4.2% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Antiviral drugs are used to treat viral infections by either inhibiting viral replication or destroying infected host cells.The emergence of new viruses and increasing resistance to existing antiviral drugs are major factors driving the need for effective antiviral therapies. Market key trends: One of the key trends in the antiviral drugs market size is the growing demand for long acting antiviral therapies. Long acting antiviral drugs have less frequent dosing schedules compared to conventional therapies. This improves patient adherence and clinical outcomes. Another major trend is the increasing focus on developing broad spectrum antiviral drugs that are effective against a wide range of influenza viruses. This is important cons...