Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 6.01 Billion | USD 11.12 Billion | 7.20% | 2023 |
The global remdesivir market size was worth around USD 6.01 billion in 2023 and is predicted to grow to around USD 11.12 billion by 2032 with a compound annual growth rate (CAGR) of roughly 7.20% between 2024 and 2032.
The report covers forecasts and analyses for the remdesivir market on a global and regional level. The study provides historical data from 2019 to 2022 and a forecast from 2024 to 2032 based on revenue (USD Billion). The study includes drivers and restraints for the remdesivir market and their impact on the demand over the forecast period. Additionally, the report consists of the study of opportunities available in the remdesivir market on a global as well as regional level.
To give the users of this report a comprehensive view of the remdesivir market we have included a competitive landscape and analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein dosage, patient, application, end-user, and regional segments are benchmarked based on their market size, growth rate, and general attractiveness.
Remdesivir Market: Segment Analysis
The global remdesivir market is segmentated into dosage, patient, application, end user, and region.
Based on Dosage, the global remdesivir market is divided into 2.5mg, 5mg, 100mg, and 200mg.
By Patient, the global remdesivir market is categorized into Adult, Pediatric, and Geriatric.
In terms of Application, the global remdesivir market is segmented into Ebola, SARS-COV, MERS-COV, and COVID-19. The End user segment of the Remdesivir Market is categorized into Hospitals, Clinics, Pharmacy & Drug Stores, and Online Pharmacies.
Report Attributes | Report Details |
---|---|
Report Name | Remdesivir Market |
Market Size in 2023 | USD 6.01 Billion |
Market Forecast in 2032 | USD 11.12 Billion |
Growth Rate | CAGR of 7.20% |
Number of Pages | 235 |
Key Companies Covered | Gilead Sciences, Bright Gene, Hainan Haiyao, Kelun Pharma, Hunan Warrant Pharmaceutical, Hetero, Cipla, Jubilant Lifesciences, and others. |
Segments Covered | By Dosage, By Patient, By Application, By End-User, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, The Middle East and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2019 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Remdesivir Market: Regional Analysis
The Remdesivir market is expected to be dominated by North America due to high COVID-19 cases, disease prevalence, easy access to the drug, and major market players. Europe follows closely due to growing awareness and the pandemic's impact. Asia Pacific is projected for rapid growth due to frequent viral outbreaks and manufacturing approvals. Latin America and the Middle East and Africa are also expected to see a rise in the Remdesivir market.
The report provides company market share analysis to give a broader overview of the key players in the remdesivir market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the remdesivir market on a global and regional basis.
The global remdesivir market is dominated by players like:
The report segments the global Remdesivir market as follows:
Global Remdesivir Market: By Dosage
Global Remdesivir Market: By Patient
Global Remdesivir Market: By Application
Global Remdesivir Market: By End-user
Global Remdesivir Market: By Region
FrequentlyAsked Questions
Remdesivir is an antiviral medication used to treat some cases of COVID-19. It works by interfering with the virus's ability to copy itself inside human cells, slowing down its spread.
According to a study, the global remdesivir market size was worth around USD 6.01 billion in 2023 and is expected to reach USD 11.12 billion by 2032.
The global remdesivir market is expected to grow at a CAGR of 7.20% during the forecast period.
North America is expected to dominate the remdesivir market over the forecast period.
Leading players in the global remdesivir market include Gilead Sciences, Bright Gene, Hainan Haiyao, Kelun Pharma, Hunan Warrant Pharmaceutical, Hetero, Cipla, and Jubilant Lifesciences, among others.
The remdesivir market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTLE analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five forces analysis, and value chain analysis.
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