In a recently published report, Nucleic Acid Testing Market report for till 2030. The report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Nucleic Acid Testing Market products.
“Final Report will add the analysis of the impact of COVID-19 on this industry.”
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Moreover, increasing expenditure on healthcare, backed by the need amongst individuals for quality healthcare services, is also anticipated to contribute to the market growth. According to the statistics by the World Bank, the current health expenditure (% of GDP) around the world increased from 9.08% in 2001 to 9.84% in 2018. Additionally, the current health expenditure per capita (current US$) increased from USD 492.99 in 2001 to USD 1110.84 in 2018.
Lopinavir and ritonavir are antiviral drugs used in combination to treat human immunodeficiency virus (HIV). This combination of drug is used with other HIV medications to help control HIV disease. It facilitates to reduce the amount of HIV in the patient body so as immune system can work well. This drug decreases the chance of catching HIV complications (such as new infections, cancer) and enhances quality of life. The combination of this drug belongs to a class of drugs known as HIV protease inhibitors. Increasing cases of HIV patients is one of the prominent factors contributing towards the market growth. For instance, the U.S. Department of Health & Human Services has estimated that about 37.9 million people living with HIV in 2018 globally, an increase 8 million since 2010. Furthermore, the outbreak of COVID-19 and ongoing clinical trails to test the efficacy of lopinavir and ritonavir in COVID-19 treatment is likely to create significant growth opportunity in the market over the forecast period. For instance, on April 2020, researchers at the Jin Yin-Tan Hospital China, found that the combination of lopinavir-ritonavir HIV antivirals led to rapid symptom improvement in COVID-19 patients. However, unwanted health effects impede the growth of the market over the forecast period of 2020-2026.
The regional analysis of global Lopinavir and Ritonavir market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the significant region across the world in terms of market share owing to increasing government funding along with high incidences of HIV infection in the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2026. Factors such as improving healthcare infrastructure, HIV epidemic would create lucrative growth prospects for the Lopinavir and Ritonavir market across Asia-Pacific region.
Major market player included in this report are:
Lannett Co Inc.
Aurobindo Pharma Ltd.
Amneal Pharmaceuticals Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Children 14 days of age and older
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2016, 2017, 2018
Base year – 2019
Forecast period – 2020 to 2026
Target Audience of the Global Lopinavir and Ritonavir Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers
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Chapter 1.Executive Summary
1.2.Global & Segmental Market Estimates & Forecasts, 2018-2026 (USD Billion)
1.2.1.Lopinavir and Ritonavir Market, by Region, 2018-2026 (USD Billion)
1.2.2.Lopinavir and Ritonavir Market, by Type, 2018-2026 (USD Billion)
1.2.3.Lopinavir and Ritonavir Market, by Application, 2018-2026 (USD Billion)
Chapter 2.Global Lopinavir and Ritonavir Market Definition and Scope
2.1.Objective of the Study
2.2.Market Definition & Scope
2.2.1.Scope of the Study
2.3.Years Considered for the Study
2.4.Currency Conversion Rates
Chapter 3.Global Lopinavir and Ritonavir Market Dynamics
3.1.Lopinavir and Ritonavir Market Impact Analysis (2018-2026)
Chapter 4.Global Lopinavir and Ritonavir Market: Industry Analysis
4.1.Porter’s 5 Force Model
4.1.1.Bargaining Power of Suppliers
4.1.2.Bargaining Power of Buyers
4.1.3.Threat of New Entrants
4.1.4.Threat of Substitutes
4.1.6.Futuristic Approach to Porter’s 5 Force Model (2016-2026)
4.3.Investment Adoption Model
4.4.Analyst Recommendation & Conclusion
Chapter 5.Global Lopinavir and Ritonavir Market, by Type
5.2.Global Lopinavir and Ritonavir Market by Type, Performance – Potential Analysis
5.3.Global Lopinavir and Ritonavir Market Estimates & Forecasts by Type 2016-2026 (USD Billion)
5.4.Lopinavir and Ritonavir Market, Sub Segment Analysis
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