Argentina Antiviral Drugs Market Size & Outlook, 2022-2030
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Argentina antiviral drugs market highlights
- The Argentina antiviral drugs market generated a revenue of USD 572.1 million in 2022 and is expected to reach USD 495.1 million by 2030.
- The Argentina market is expected to grow at a CAGR of -1.8% from 2023 to 2030.
- In terms of segment, hiv was the largest revenue generating application in 2022.
- Herpes is the most lucrative application segment registering the fastest growth during the forecast period.
Antiviral drugs market data book summary
| Market revenue in 2022 | USD 572.1 million |
| Market revenue in 2030 | USD 495.1 million |
| Growth rate | -1.8% (CAGR from 2022 to 2030) |
| Largest segment | Hiv |
| Fastest growing segment | Herpes |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | HIV, Hepatitis, Herpes, Influenza |
| Key market players worldwide | Roche Holding AG, GSK PLC ADR, AbbVie Inc, Merck & Co Inc, Johnson & Johnson, Bristol-Myers Squibb Co, Dr Reddy's Laboratories Ltd ADR, Aurobindo Pharma |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.8% of the global antiviral drugs market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil antiviral drugs market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 885.4 million by 2030.
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Antiviral Drugs Market Scope
Antiviral Drugs Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Aurobindo Pharma | View profile | 10001+ | Hyderabad, Andhra Pradesh, India, Asia | http://aurobindo.com |
| Bristol-Myers Squibb Co | View profile | 34100 | Route 206 and Province Line Road, Princeton, New Jersey, NJ, United States, 08543 | https://www.bms.com |
| Merck & Co Inc | View profile | 72000 | 126 East Lincoln Avenue, Rahway, NJ, United States, 07065 | https://www.merck.com |
| Roche Holding AG | View profile | 103605 | Grenzacherstrasse 124, Basel, Switzerland, 4070 | https://www.roche.com |
| GSK PLC ADR | View profile | 70200 | 980 Great West Road, Brentford, Middlesex, United Kingdom, TW8 9GS | https://www.gsk.com |
| AbbVie Inc | View profile | 50000 | 1 North Waukegan Road, North Chicago, IL, United States, 60064-6400 | http://www.abbvieinvestor.com |
| Dr Reddy's Laboratories Ltd ADR | View profile | 22822 | 8-2-337, Road No. 3, Banjara Hills, Hyderabad, TG, India, 500 034 | https://www.drreddys.com |
| Johnson & Johnson | View profile | 134400 | One Johnson and Johnson Plaza, New Brunswick, NJ, United States, 08933 | https://www.jnj.com |
Argentina antiviral drugs market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to antiviral drugs market will help companies and investors design strategic landscapes.
Hiv was the largest segment with a revenue share of 34.33% in 2022. Horizon Databook has segmented the Argentina antiviral drugs market based on hiv, hepatitis, herpes, influenza covering the revenue growth of each sub-segment from 2018 to 2030.
Government support to improve the healthcare system and facilitate access to advanced diagnosis & treatment is expected to fuel the market growth in Argentina. However, the limited affordability of treatment and low diagnosis rate of herpes in the country may hamper market growth during the forecast period.
Constant developments like geographic expansion and new product launches have contributed to Argentina’s market growth. In addition, pharmaceutical production in Argentina is dominated by local businesses.
Only Sanofi and Bayer, two of the top 10 pharmaceutical companies operating in Argentina, are foreign multinational companies operating in the country. This sector has a considerable degree of saturation, with roughly 20 laboratories accounting for 70% of the total revenue.
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Our clientele includes a mix of antiviral drugs market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina antiviral drugs market , including forecasts for subscribers. This country databook contains high-level insights into Argentina antiviral drugs market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina antiviral drugs market size, by application, 2018-2030 (US$M)
Argentina Antiviral Drugs Market Outlook Share, 2022 & 2030 (US$M)
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