Global Tamiflu (oseltamivir phosphate) market is estimated to be valued at US$ 889.2 million in 2022 and is expected to exhibit a CAGR of 1.2% during the forecast period (2022-2030).
Figure 1.Global Tamiflu (Oseltamivir Phosphate) Market Share (%), by Drug Type, 2022
Global Tamiflu (Oseltamivir Phosphate) Market- Driver
The increasing prevalence of diseases such as influenza A, influenza B, and Others
Tamiflu (oseltamivir phosphate) is indicated for the treatment of influenza A, influenza B, and Swine Flu (H1N1 influenza). The increasing prevalence of influenza, globally, is expected to increase the growth of the global Tamiflu (oseltamivir phosphate) market, over the forecast period. For instance, in November 2021, according to an article published by the World Health Organization, in the year 2020, the global prevalence of influenza was 3 to 5 million cases of severe illness.
Market- Trends
Moreover, according to the Center for Disease Control and Prevention, October 2022, published incidence rates in percentage (%) for influenza for the seasons in 2017- 2018, 2018 - 2019 and 2019-2020 for different age groups in the U.S.
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