Virology Market 2021 Size, Industry Share, Growth, Trends, Scope, Opportunity Analysis and Industry Forecast by 2025 | GlaxoSmithKline plc, Abbott Laboratories, Boehringer Ingelheim Corporation & so on…
Future Market Insights (FMI) adopted a multidisciplinary approach during the pandemic-era to focus on the growth and development of the Virology Market. The study features insights on the current growth dynamics and the major revenue reforms prevailing in the market as of 2020 along with the key takeaways over the forecast period.
Impact of COVID-19 on the Healthcare Industry
The COVID-19 pandemic has caused severe impacts on the global economy at various levels and which can be seen on the Healthcare industry as well. The thriving market of health care research and development is expected to exhibit a steep decline in the sales during the lockdown period owing to the shutdown of the manufacturing units, acute shortage in the supply of raw materials and absence of potential manpower. It can be deduced from the current situations brought about by the pandemic that the production, and supply chain activities have experienced minor hurdles. However, the market is projected to gradually recover post-COVID-19, which will present attractive opportunities for sales across various regions of the world in the following years.
The team of analysts at Future Business Insights are focussing on research and market study to produce different Virology Market forecasts and predictions at both national and international levels. They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the Virology Market.
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The notable players identified in the global virology market include GlaxoSmithKline plc, Abbott Laboratories, Boehringer Ingelheim Corporation, Merck and Co. Inc., Novartis International AG, Siemens, Johnson & Johnson, AstraZeneca AB, and Roche.
Merck and Co. Inc. has several drug candidates in phase 2, including cancer, diabetes, cardiac arrest, and hepatitis C, and some candidates in phase 3, including breast cancer, atherosclerosis, Alzeimer’s, ebola, and HIV. The company also has many other candidates, which are currently under review.
Abivax, a high profile biotech company in Paris, France, has already successfully produced candidates against dengue and chikungunya viruses. The company has a few more candidates against HIV and ebola, currently under development.
Based on product type, the global virology market is segmented into
- DNA Viruses
- RNA Viruses
- Prions Diagnostic Test
- Other Viral Tests
Viral Infection Controlling Methods
- Active Prophylaxis (Vaccines)
- Passive Prophylaxis
- Virucidal Agents
- Antiviral Agents
What is the size of the overall Virology Market in the Healthcare Industry and its segments?
What are the key segments and sub-segments in the market?
What are the key drivers, restraints, opportunities, and challenges of the Virology Market in the Healthcare Industry, and how they are expected to impact the market?
What are the attractive investment opportunities within the Virology Market in the Healthcare Industry?
What is the Virology Market in the Healthcare Industry size at the regional and country-level?
What are the key market players focusing on?
What are the strategies for growth adopted by the key players in Virology Market in the Healthcare Industry?
What are the recent trends in Virology Market in the Healthcare Industry? (M&A, partnerships, new product developments, expansions)?
What are the challenges to the Virology Market in the growth of the Healthcare Industry?
What are the key market trends impacting the growth of the Virology Market in the Healthcare Industry?
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