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Favipiravir Market Segmentation, Analysis by Recent Trends, Development by Regions to 2030

February 22nd, 2021 Market Industry Reports Releases

To deal with the current situation of COVID-19 pandemic, there are increasing Emergency Use Authorizations (EUAs) granted for drugs, which have shown promising results against COVID- 19. In February 2020, favipiravir was first studied in China for experimental treatment of the emergent COVID-19 pandemic. Owing to the positive results shown by favipiravir, several countries are granting emergency approvals for the treatment of COVID-19 patients showing mild to moderate symptoms. For instance, in June 2020, Glenmark Pharmaceuticals received manufacturing & marketing approval for antiviral drug Favipiravir (brand name FabiFlu) for such treatment in India. It has shown clinical improvements of up to 88% in COVID-19, with a rapid reduction in the viral load in around four days.

Market Industry Reports (MIR) has published a new report titled “Favipiravir Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020–2030.” According to the report, the global favipiravir market is expected to witness a substantial CAGR from 2020 to 2030.

Get sample copy of “Favipiravir Market”:
https://www.marketindustryreports.com/pdf/377

Some of the prominent players in the Favipiravir Market include:

FUJIFILM Toyama Chemical Co.
• Ltd.
• Zhejiang Hisun Pharmaceutical Co.
• Ltd.
• HTC “Chemrar”
• Beximco Pharmaceuticals Ltd.
• Beacon Pharmaceuticals Limited
• Glenmark Pharmaceuticals Ltd.
• Rameda
• Dr. Reddy’s Laboratories Ltd.
• and Strides Pharma Science Limited

Another factor contributing to the growth of the favipiravir market is the accelerated production of the drug to meet the growing demand for the treatment of COVID-19. For instance, in April 2020, FUJIFILM Corporation expanded its manufacturing capacity at FUJIFILM Toyama Chemical Co., Ltd. to boost the production of its influenza antiviral drug, Avigan Tablet. In the future, the company is planning to accelerate production up to 300,000 treatment courses by September 2020. Additionally, it is establishing strategic partnerships with domestic and overseas companies to source raw materials and pharmaceutical substances for various manufacturing processes.

The favipiravir market is segmented on the basis of Product, Modality, Cancer Type, End-Users and region.

By Application:
(Influenza and COVID-19), Distribution Channel (Hospital Pharmacies, Retail Pharmacies, and Online)

Research Approach

As a standard protocol at MIR, all research assignments go through the following rigorous processes.

  • Secondary Research
  • Primary Research
  • Market Size Estimation & Forecasting
  • Data Validation & Triangulation
  • Report Generation

Have any query? Inquiry about report at:
https://www.marketindustryreports.com/inquiry/377

Table of Contents

  1. INTRODUCTION
    1. Market Definition
    2. Market Classification
    3. Geographic Scope
    4. Years Considered for the Study: Historical Years – 2017 & 2018; Base Year – 2019; Forecasted Years – 2020 to 2030
    5. Currency Used
  2. RESEARCH METHODOLOGY
    1. Research Framework
    2. Data Collection Technique
    3. Data Sources
      1.  Secondary Sources
      2. Primary Sources
    4. Market Estimation Methodology
      1.  Bottom Up Approach
      2.  Top Down Approach
    5. Data Validation and Triangulation
      1.  Market Forecasting Model
      2.  Limitations/Assumptions of the Study
  3. ABSTRACT OF THE STUDY
  4. MARKET DYNAMICS ASSESSMENT
    1. Overview
    2. Drivers
    3. Barriers/Challenges
    4. Opportunities
  5. GLOBAL FAVIPIRAVIR MARKET – ANALYSIS & FORECAST, BY APPLICATION
    1. Influenza
    2. COVID-19
  6. GLOBAL FAVIPIRAVIR MARKET – ANALYSIS & FORECAST, BY DISTRIBUTION CHANNEL
    1. Hospital Pharmacies
    2. Retail Pharmacies
    3. Online
  7. GLOBAL FAVIPIRAVIR MARKET – ANALYSIS & FORECAST, BY REGION
    1. North America Favipiravir Marke
    2. Europe Favipiravir Market
    3. Asia Pacific Favipiravir Market
    4.  Rest of the World (ROW) Favipiravir Market

Buy this report @
https://www.marketindustryreports.com/checkout/377

About Market Industry Reports

Market Industry Reports is a global leader in market measurement & advisory services, Market Industry Reports is at the forefront of innovation to address the worldwide industry trends and opportunities. We identified the caliber of market dynamics & hence we excel in the areas of innovation and optimization, integrity, curiosity, customer and brand experience, and strategic business intelligence through our research.

We continue to pioneer state-of-the-art approach in research & analysis that makes complex world simpler to stay ahead of the curve. By nurturing the perception of genius and optimized market intelligence we bring proficient contingency to our clients in the evolving world of technologies, megatrends and industry convergence. We empower and inspire Vanguards to fuel and shape their business to build and grow world-class consumer products.

Contact Us-
Email: sales@marketindustryreports.com
Phone: + 91 8956767535
Website: https://www.marketindustryreports.com

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