Tamiflu (Oseltamivir Phosphate) Market: Introduction According to the report, the global Tamiflu (Oseltamivir Phosphate) market was valued at approximately US$ 1.1 Bn in 2018. It is expected to expand at a CAGR of -4% during the forecast period from 2019 to 2027. 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. Seasonal outbreak of influenza primarily occurs in winter. Most people generally recover fully, but severe complications such as pneumonia can also develop. Initiation of antiviral treatment is recommended for hospitalized influenza patients. Tamiflu (Oseltamivir Phosphate) is an effective antiviral agent used for the treatment of influenza symptoms. The market for Tamiflu (Oseltamivir Phosphate) is dominated by North America in 2018, which is expected to be replaced by Asia Pacific by the end of 2027 in terms of revenue. Request Brochure of Report - https://www.transparencymarketresearch.com/sample/sample.php? flag=B&rep_id=70965 Rise in Incidence and Prevalence of Influenza Drives Tamiflu (Oseltamivir Phosphate) Market Increase in prevalence of influenza across the globe with higher viral strain activity in influenza with a wide base of patients is the major factor responsible for the growth of global Tamiflu (Oseltamivir Phosphate) market. For instance, the WHO estimated that around three million to five million influenza cases occur every year across the world; 250,000 to 500,000 of these result in deaths. Hence, increase in incidence of influenza continues to encourage the use of influenza medication, thereby driving the market. Increase in initiatives by regulatory authorities & global organizations for treatment and prevention of influenza in terms of awareness and preventive measures is also fuelling the growth of the global market in initial years of the forecast period. Moreover, outbreak of pandemic influenza and surge in government funding and measures for influenza treatment & prevention are some of the major factors responsible for the growth of the global market. Generic Druga to Dominate Global Market Based on drug type, the global Tamiflu (Oseltamivir Phosphate) market has been bifurcated into branded and generic. The generic segment dominated the global Tamiflu (Oseltamivir Phosphate) market in 2018 and its share in global market in increasing. Patent expiry of branded Tamiflu in 2016, several generic products launch, and cheaper products are some of the major driving factors for the generic segment. Capsule Dosage Form Offers Growth Opportunities In terms of dosage form, the global Tamiflu (Oseltamivir Phosphate) market has been segmented into capsule and suspension. 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. Storage conditions for suspension require refrigeration. Also, powder form needs to be prepared for administration just before each dosage which can impact dosage uniformity. These factors can hamper the market growth of suspension dosage form. However, it is preferable in patients who have a problem in swallowing capsules.
Tamiflu (Oseltamivir Phosphate) Market Segments, Leading Player, Application & Forecast Analysis
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