Hepatitis Drugs Market, Hepatitis Drugs Market Size, Hepatitis Drugs Market Trends, Hepatitis Drugs Market Forecast, Hepatitis Drugs Market Risks, Hepatitis Drugs Market Report, Hepatitis Drugs Market Share

According to a new report published by xResearch, titled, “Hepatitis Drugs Market 2022- Industry Insights, Trends, Opportunity & Forecast, 2021–2030,” the global hepatitis drugs market size is anticipated to witness exponential growth at a CAGR of 25.0% during the forecast period i.e. 2022-2030.

 

Factors such as the proliferating demand for drugs to treat and manage the growing hepatitis cases, the rising healthcare expenditure and investments in the development of drugs and therapy for hepatitis and the increasing regulatory approvals of hepatitis drugs by authorities are among the major factors contributing towards the growth of the global hepatitis drugs market.

 

According to disease type, the hepatitis C segment held 82.0% market share and led the global hepatitis drugs market in 2021. It is estimated that the segment will continue to lead the market and at the same time will also attain the highest CAGR in the market during the forecast period of 2022-2030.

 

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The North American region accounted for the largest share in the global hepatitis drugs market in 2021, followed by the European region. The region is projected to continue with the trend and maintain its position in the market over the forecast period. Among all countries, the U.S. is the major contributor to the market’s growth in the region.

 

The Asia Pacific region is predicted to emerge as the fastest-growing regional market for hepatitis drugs globally during the 2022-2030 period. The factors attributable to this are the rapidly growing incidences of hepatitis in the region’s predominant nations and the rising demand for generic drugs in the region. India and China are among the major contributors to the region. The Middle East and African region is expected to account for a prominent portion of the global hepatitis drugs market during the forecast period owing to the growing popularity and application of various HBV and HCV drugs in the region.

 

Some of the major hepatitis drugs companies profiled in the report includes Novartis AG, Dynavax Technologies Corporation, F. Hoffmann-La Roche Ltd., Mitsubishi Tanabe Pharma Corporation, Bristol-Myers Squibb Company, LAURUS Labs, Gilead Sciences Inc., Abbvie Inc., Johnson & Johnson and Merck & Co. Inc.

 

The global hepatitis drugs market is segmented into drug class, disease type, route of administration, distribution channel and region. Based on drug class, the market is bifurcated into interferon alphas, HIV NRTIs, nucleotide polymerase / NS5A inhibitor combinations, Hepatitis C protease / NS5A inhibitor combinations, NS5A inhibitors, nucleotide polymerase inhibitors, nucleoside analogue antivirals and thrombopoiesis stimulating agents. Based on disease type, it is classified into hepatitis A, hepatitis B, hepatitis C and others. Based on route of administration, it is classified into oral and injection. Based on distribution channel, it is classified into hospital pharmacies, retail pharmacies and online pharmacies.

 

The global hepatitis drugs market is analyzed across North America (U.S. & Canada), Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Indonesia, Thailand, Australia, New Zealand, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and the Rest of Latin America) and Middle East & Africa (GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, and Rest of Middle East & Africa).

 

Key Insights of Hepatitis Drugs Market

  • On the basis of disease type, the hepatitis C segment held 82.0% market share and led the global hepatitis drugs market in 2021. It is estimated that the segment will continue to lead the market and at the same time will also attain the highest CAGR in the market during the forecast period of 2022-2030.
  • On the basis of region, North America accounted for the largest share in the global hepatitis drugs market in 2021, followed by the European region. The region is projected to continue with the trend and maintain its position in the market over the forecast period.
  • On the basis of region, Asia Pacific is predicted to emerge as the fastest-growing regional market for hepatitis drugs globally during the 2022-2030.

 

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xResearch is a market research and consulting organization that uses unique data, expert analysis, and new technologies to create trusted intelligence on industries. Our research is focused on delivering an informed and impartial view on essential market data of industry, and it is primarily driven by an in-depth study covering the following parameters: Market Sizing and Forecasting, Market Segmentation, Competitive Analysis, Strategic Assessment and Business Modelling.

 

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