Hepatitis Drugs Market Scope
Hepatitis B is a virus that attacks the liver and causes acute and chronic liver disease. According to the World Health Organization (WHO), around 780,000 individuals die each year as a result of hepatitis B complications such as liver cirrhosis and cancer. Hepatitis B virus (HBV) is highly contagious and is spread by contact with an infected person's blood or other bodily fluids. Infection A, infection B, infection C, infection D, infection E, and infection G are some of the infections that cause hepatitis. The illness causes inflammation of the liver tissues, which can lead to cirrhosis and cancer.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | F. Hoffmann-La Roche, Gilead Sciences, GlaxoSmithKline, Johnson & Johnson, Merck, Novartis, Vertex Pharmaceuticals, Abbvie, Achillion Pharmaceuticals, Bristol-Myers SquibbMerck & Co. Inc. (United States), Gilead Sciences Inc. (United States), AbbVie Inc. (United States), Bristol Myers Squibb Company (United States), F. Hoffmann-La Roche Ltd. (Switzerland), LAURUS Labs (India), Zydus Cadila (India), Hetero Healthcare Limited (India), GlaxoSmithKline PLC. (United Kingdom) and Cipla Inc. (India) |
CAGR | % |
The Hepatitis Therapeutics Market is competitive and fragmented, with several prominent companies. However, in terms of market share, the market is now dominated by a few significant competitors. Merck & Co., Inc, Gilead Sciences, Inc, AbbVie Inc, Bristol Myers Squibb Company, F. Hoffmann-La Roche, Ltd, LAURUS Labs, Zydus Cadila, Hetero Healthcare Limited, NATCO Pharma Limited, and Cipla Inc are some of the top market players.
F. Hoffmann-La Roche, Gilead Sciences, GlaxoSmithKline, Johnson & Johnson, Merck, Novartis, Vertex Pharmaceuticals, Abbvie, Achillion Pharmaceuticals, Bristol-Myers SquibbMerck & Co. Inc. (United States), Gilead Sciences Inc. (United States), AbbVie Inc. (United States), Bristol Myers Squibb Company (United States), F. Hoffmann-La Roche Ltd. (Switzerland), LAURUS Labs (India), Zydus Cadila (India), Hetero Healthcare Limited (India), GlaxoSmithKline PLC. (United Kingdom) and Cipla Inc. (India) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Hepatitis Drugs market by Type (Interferon Alphas, Monoclonal Antibody, Nucleotide Polymerase/NS5A Inhibitor Combinations, HIV NRTIs, NS5A Inhibitors, Nucleotide Polymerase Inhibitors and Others) and Region with country level break-up.
On the basis of application, segment is dominating the market in the year 2021
On the basis of geography, the market of Hepatitis Drugs has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). region held largest market share in the year 2021.
In 2022, the only 3-antigen HBV vaccination for adults in the United States, PreHevbrio for hepatitis B, was approved by the United States Food and Drug Administration. and In 2021, The Malaysian National Pharmaceutical Regulatory Agency (NPRA) granted conditional registration to a safe and effective hepatitis C treatment developed by a public-private partnership involving the Malaysian Ministry of Health, the Drugs for Neglected Diseases Initiative (DNDi), Egyptian pharmaceutical company Pharco, Pharmaniaga Berhad, and Médecins Sans Frontières/Doctors Without Borders (MSF).
Market Trend
- Growing Technological Advancements in the Healthcare Industry
Market Drivers
- The Global Hepatitis Drug Market Is Predicted to rise Due To an Increase in New Drug Releases and Regulatory Approvals for Hepatitis Drugs
- Increasing Geriatric Population
- Efficiency in Drug Treatment of Hepatitis C Drives the Market Growth
Opportunities
- Increasing Drug Manufacture in the Developing Country
- Adoption of New Advanced Technology in the Market
Restraints
- High Capital Requirement for Manufacturing Hepatitis Drugs
- Costly Manufacture Process and Expensive Raw Materials
Challenges
- Increasing Government Regulation in Market
- High Costs Associated With Drug
Key Target Audience
Industry Association, Downstream Vendors, Marketing & Consulting firms, Venture Capitalists, Government & Regulatory Bodies and Investors