Industry

Global Hepatitis Drugs Market 2024 Industry Trends, Key Drivers, Top Major Players, Dynamics And Forecast To 2033 | Major Players Are Gilead Sciences Inc., F. Hoffmann-La Roche Ltd, GlaxoSmithKline plc, Johnson & Johnson, Merck & Co. Inc.

The Hepatitis Drugs by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2024-2033).

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In accordance with The Business Research Company’s analysis of Hepatitis Drugs, the market has demonstrated a consistent upward trajectory, expanding from $19.34 billion in 2024 to an anticipated $20.28 billion by the same year, boasting a commendable Compound Annual Growth Rate (CAGR) of 4.9%. The historical surge is attributable to groundbreaking discoveries in antiviral drugs targeting hepatitis viruses, coupled with advancements in diagnostic technologies and a heightened global awareness of the hepatitis burden. Concurrently, the proliferation of hepatitis vaccination programs and the advent of interferon-based therapies have significantly contributed to this positive trend.

Projections for the foreseeable future affirm the hepatitis drugs market’s steadfast ascent, poised to reach $23.92 billion by 2028, with a CAGR of 4.2%. This anticipated growth is underpinned by the introduction of innovative direct-acting antiviral drugs, a surge in hepatitis infections, augmented governmental initiatives for prevention and treatment, advancements in personalized medicine strategies, and an expanding accessibility to hepatitis drugs in developing nations.

The increase in number of cases of different types of hepatitis is significantly driving the growth of the hepatitis drug market. Various types of hepatitis need different drugs for treatment, which increases the demand for hepatitis drugs. For instance, in June 2022, according to the World Health Organization (WHO), a Switzerland based international public health organization, 296 million people had a chronic hepatitis B infection, with an average of 1.5 million new infections every year. This increasing number of hepatitis infections will invariably increase the need for and consumption of hepatitis drugs. Thus, the increasing number of different types of hepatitis is expected to propel the growth of hepatitis drugs in the forecast period.

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The hepatitis drugs market covered in this report is segmented –
1) By Drug Class: Interferon Alphas, HIV NRTIs, Nucleotide Polymerase/NS5A Inhibitor Combinations, Hepatitis C Protease/NS5A Inhibitor Combinations, NS5A Inhibitors, Nucleotide Polymerase Inhibitors, Nucleoside Analogue Antivirals, Thrombopoiesis Stimulating Agents
2) By Route Of Administration: Oral, Injection
3) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
4) By Application: Hepatitis A, Hepatitis B, Hepatitis C, Hepatitis D, Hepatitis E

Top 5 Major Players:

The forecasted period also heralds distinctive trends, encompassing the transition from interferon-based to interferon-free therapies, the development of pan-genotypic antiviral drugs for hepatitis C, the integration of non-invasive diagnostic methodologies for liver fibrosis assessment, exploration of combination therapies for hepatitis B, and a heightened commitment to eradicating viral hepatitis as a global public health menace.

A salient facet in the hepatitis drugs landscape is the prevalence of new product launches, indicative of the industry’s dynamism. Prominent players in the sector are strategically aligning themselves by introducing cutting-edge products for hepatitis treatments, fortifying their market standing. An illustrative example is the conditional authorization granted by the Malaysian National Pharmaceutical Regulatory Agency (NPRA) in June 2021 for an efficacious hepatitis C treatment. This groundbreaking collaboration involving the Malaysian Ministry of Health, Drugs for Neglected Diseases Initiative (DNDi), Pharco, Pharmaniaga Berhad, and Médecins Sans Frontières/Doctors Without Borders (MSF) signifies a paradigm shift, marking the first-ever HCV medication resulting from South-South collaboration, complemented by non-profit financial backing and clinical support.

The hepatitis drugs market report table of contents includes:
1. Executive Summary
2. Hepatitis Drugs Market Characteristics
3. Hepatitis Drugs Market Trends And Strategies
4. Hepatitis Drugs Market – Macro Economic Scenario
5. Global Hepatitis Drugs Market Size and Growth

…..

31. Global Hepatitis Drugs Market Competitive Benchmarking
32. Global Hepatitis Drugs Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Hepatitis Drugs Market
34. Hepatitis Drugs Market Future Outlook and Potential Analysis
35. Appendix

List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Hepatitis Drugs Market, Segmentation By Drug Class, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Hepatitis Drugs Market, Segmentation By Route of Administration, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Hepatitis Drugs Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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Table 75: Gilead Sciences Inc. Financial Performance
Table 76: F. Hoffmann-La Roche Ltd Financial Performance
Table 77: GlaxoSmithKline plc Financial Performance
Table 78: Johnson & Johnson Financial Performance
Table 79: Merck & Co. Inc. Financial Performance

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