About Liver Disease Treatment
Liver disease is characterized by improper functioning of the liver, causing disorders like hepatitis, fatty liver, & cirrhosis. Some of the major drug categories used in the treatment of various types of liver diseases include antirejection drugs, vaccines, immuno suppressant, chemotherapy drugs, & antiviral drugs. The growth of the global liver disease treatment market is driven by an increasing prevalence of liver diseases, due to increasing consumption of alcohol & unhealthy diets, along with an increase in geriatric population & the rise of government & non-government awareness programs.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The prominent players in the liver disease treatment market have adopted strategies such as innovative product launch, merger & acquisition, partnership and business expansion to gain maximum market share. Analyst at AMA Research estimates that United states and European Players will contribute the maximum growth to Global Liver Disease Treatment market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Abbott Laboratories (United States), Actavis (United States), Aton Pharma (United States), Bayer Schering AG (Germany), Biotest (Germany), Bristol-Myers Squibb (United States), Eli Lilly ( United States), Forest Laboratories (United States), GlaxoSmithkline (United Kingdom), Gilead Sciences (United States), Merck & Co. (United States), Mylan (United States) and Novartis (Switzerland) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Pfizer (United States), Roche (Switzerland) and Takeda Pharmaceuticals (Japan).
Segmentation Overview
AMA Research has segmented the market of Global Liver Disease Treatment market by , Application (Hospital, Clinic and Others) and Region.
On the basis of geography, the market of Liver Disease Treatment 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). If we see Market by Disease Type, the sub-segment i.e. Hepatitis will boost the Liver Disease Treatment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Treatment Type, the sub-segment i.e. Anti-Rejection Drugs/Immunosupressants will boost the Liver Disease Treatment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Use of Hybrid Systems For Imaging and Increasing R&D investments for the development of novel therapies
Market Growth Drivers:
Increasing prevalence of liver diseases and Growing geriatric population, Increasing government and non-government awareness programs and Rapidly changing lifestyle patterns such as increasing consumption of alcohol, and unhealthy diets
Challenges:
Side effect associated with medication
Restraints:
Stringent government regulations and High cost incurred in drug R&D
Opportunities:
Increasing Healthcare Expenditures In Emerging Markets and Availability of generic and bio-similar drugs
Market Leaders and their expansionary development strategies
In January 2023, Ipsen and Albireo (Nasdaq: ALBO) today announced that they have entered into a definitive merger agreement under which Ipsen will acquire Albireo, a leading innovator in bile-acid modulators to treat pediatric and adult cholestatic liver diseases. The anticipated acquisition will enrich Ipsen’s Rare Disease portfolio and pipeline.
In January 2023,Takeda and Arrowhead Pharmaceuticals Inc. announced topline results from the Phase 2 SEQUOIA clinical study of investigational Fazirsiran for the treatment of liver disease associated with alpha-1 antitrypsin deficiency (AATD-LD). Source: https://www.mordorintelligence.com/industry-reports/liver-diseases-therapeutics-market
Key Target Audience
Treatment providers, Treatment Equipment manufacturer, Industry Association, Governments and investment communities, Research organizations and associations and End users (Hospitals and clinics)
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.