Tamiflu (Oseltamivir Phosphate), which is an antiviral medication used for the treatment and prevention of influenza A and influenza B, is prescribed around the world to reduce the severity and the duration of flu symptoms, as well as reducing the chances of developing complications such as bronchitis and sinusitis. Tamiflu works by blocking an enzyme that helps influenza viruses reproduce in the body, thereby stopping viral replication.
The global Tamiflu (Oseltamivir Phosphate) Market is estimated to be valued at US$ 464.4 Mn in 2023 and is expected to exhibit a CAGR of 6.3% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The increasing prevalence of influenza virus infections globally is the primary factor responsible for driving the growth of the Tamiflu (Oseltamivir Phosphate) Market. According to the World Health Organization (WHO), approximately 1 billion people get infected with the influenza virus annually. Prominent key players operating in the market are focused on bringing more efficient and cost-effective Tamiflu drugs, which in turn will accelerate the growth of the Tamiflu (Oseltamivir Phosphate) Market over the forecast period.
Segment Analysis
Tamiflu (Oseltamivir Phosphate) Market can be segmented into Capsules and Oral Solution on the basis of drug type.Capsules sub-segment dominates the market as it has ease of availability and can be stored easily for longer duration compared to Oral Solution which has shorter shelf life and needs to be refrigerated.Key factors driving the capsules segment is convenience in storing and administration which makes it more suitable for home care settings and self-administration during viral epidemics and pandemics.
Key Takeaways
The Global Tamiflu (Oseltamivir Phosphate) Market Size is expected to witness high growth over the forecast period owing to increasing prevalence of viral epidemics and pandemics globally. The global Tamiflu (Oseltamivir Phosphate) Market is estimated to be valued at US$ 464.4 Mn in 2023 and is expected to exhibit a CAGR of 6.3% over the forecast period 2023 to 2030.
Regional analysis for Tamiflu (Oseltamivir Phosphate) market comprises:
North America is expected to be the fastest growing region due to increasing healthcare expenditure and rising importance given to seasonal influenza treatment and stockpiling of anti-viral drugs. Asia Pacific is also emerging as a lucrative region owing to growing middle class population and investments in healthcare sector by governments of emerging economies like India, China etc.
Key players:
Key players operating in the Tamiflu (Oseltamivir Phosphate) market are Roche Holding AG, Dr. Reddy's Labs, Mylan Pharmaceuticals, and Glenmark Pharmaceuticals. Roche dominates the market due to being the innovator and original manufacturer of oseltamivir having patent protection initially. Generic versions by other companies are gaining market share as patents expire globally.
For More Insights, Read: https://www.newswirestats.com/tamiflu-oseltamivir-phosphate-market-size-share-and-growth-forecast-2023-2030/
Tamiflu (Oseltamivir Phosphate) Market: IntroductionAccording to the report, the global Tamiflu (Oseltamivir Phosphate) market was valued at approximately US$ 1.1 Bn in 2018.
Influenza, also known as flu, is an infectious disease caused by an influenza virus.
It is a viral infectious disease that includes three major types: type a, type B, and type C. The common symptoms of the disorder are cold, cough, fever, and sore throat, which can be severe or mild.
The capsule segment dominated the global market and is expected to be comparatively highly lucrative segment during the forecast period due to dosage uniformity and convenience of dosage form for administration.
However, it is preferable in patients who have a problem in swallowing capsules.Request Customization on Tamiflu (Oseltamivir Phosphate) Market Report – https://www.transparencymarketresearch.com/sample/sample.php?flag=CR_id=70965Tamiflu Offers Better Results in Treatment of Influenza A SymptomsBased on indication, the global Tamiflu (Oseltamivir Phosphate) market has been divided into influenza A, influenza B, and others.
This growth can be ascribed to higher patient pool for influenza, base of major generic pharmaceutical companies, rising demand of generic products, and growing awareness for influenza treatment.Buy Tamiflu (Oseltamivir Phosphate) Market Report –https://www.transparencymarketresearch.com/checkout.php?rep_id=70965=SCompetition LandscapeF.Hoffmann-La Roche Ltd., NATCO Pharma Limited, and LUPIN Limited are some of the leading players in the global Tamiflu (Oseltamivir Phosphate) market.
UpMarketResearch published an exclusive report on “Oseltamivir Phosphate market” delivering key insights and providing a competitive advantage to clients through a detailed report.
Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
The report contains basic, secondary and advanced information pertaining to the Oseltamivir Phosphate global status and trend, market size, share, growth, trends analysis, segment and forecasts from 2018 - 2025.
The numerical data is backed up by statistical tools such as SWOT analysis, BCG matrix, SCOT analysis, PESTLE analysis and so on.
The statistics are represented in graphical format for a clear understanding on facts and figures.
For more information on this report, please visit: https://www.upmarketresearch.com/home/enquiry_before_buying/24739 The following manufacturers are covered in this report:Cayman ChemicalTRCBOC SciencesCombi-BlocksSanta Cruz BiotechnologyMedKooAbMole BioScienceActive Biopharma Oseltamivir Phosphate Production by RegionNorth AmericaAsia-PacificEuropeCentral & South AmericaMiddle East & Africa Get Best Discount On This Report @ https://www.upmarketresearch.com/home/request_for_discount/24739 Global Oseltamivir Phosphate Market: Product Segment AnalysisPurity >99.0%Purity <99.0% Oseltamivir Phosphate Breakdown Data by ApplicationAntibioticPharmaceutical IntermediatesPharmaceutical Raw Materials Get Free Exclusive PDF Sample Copy of This Report @ https://www.upmarketresearch.com/home/requested_sample/24739 The report categorizes the market into segments by companies, end-use, type and potential regions.
Tamiflu, also known as Oseltamivir, is widely used to treat the symptoms caused by the flu virus (influenza).
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