Hepatitis Drugs 2018 Global Market Expected to Grow at CAGR 15.0% and Forecast to 2023
WiseGuyReports.Com Publish a New Market Research Report On –“ Hepatitis Drugs 2018 Global Market Expected to Grow at CAGR 15.0% and Forecast to 2023”.
Pune, India – March 5, 2018 /MarketersMedia/ —
Description:
Hepatitis is a medical condition where the liver is predominantly affected, which can also affect the digestive system and brain. There are three major types of hepatitis condition – HAV, HBV, and HCV. HCV is a major public health problem that attacks the liver and leads to inflammation. Certain drugs, toxins, heavy alcohol use, bacterial and viral infections can cause hepatitis infection. Hepatitis C infection can bring both acute and chronic hepatitis disease. Approximately, 80% of the patients get chronically infected with Hepatitis C disease. Hepatitis C Virus (HCV) spreads through the blood of an infected individual by the use of shared needles or supplies used to infuse drugs. Vaccines are available only for Hepatitis A and Hepatitis B viruses. Research into the development of a vaccine for Hepatitis C is under way.
Factors such as rise in injection drug users, increase in awareness, presence of unmet need, and anticipated launch of new drugs are expected to drive the market growth during the forecast period. The market is witnessing the emerging trend of pediatric combination vaccines, which protect against multiple causative agents and thereby reduce the costs gain in packaging and administering individual vaccines. The markets in India, Brazil, China, and Russia are also expected to grow at a rapid pace during the forecast period as the prevalence of hepatitis in these countries is high.
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The major drivers of the hepatitis drugs market include the second generation DAAs of Olysio and Sovaldi. Second generation DAAs are more efficacious and have lesser adverse effects. Currently, the market players are developing IFN therapies for the treatment of Hepatitis C. These therapies are intended to be all-oral regimens. The HCV drugs segment comprised more than 84% of the total market share in 2016. A major focus in this segment is expected to drive the growth of the hepatitis drugs market in the future.
Market Analysis: The “Global Hepatitis Drugs Market” is estimated to witness a CAGR of 15.0% during the forecast period 2017–2023. The Hepatitis Drugs market is analyzed based on two segments – conditions and regions.
Regional Analysis: The regions covered in the report are the Americas, Europe, Asia Pacific, and Rest of the World (RoW). The Americas is set to be the leading region for the hepatitis drugs market growth followed by Europe. The Asia Pacific and RoW are set to be the emerging regions. Japan is set to be the most attractive destination and in Africa, the popularity and the usage of various HBV and HCV drugs are expected to increase in the coming years.
Therapeutic Application Analysis: The most common hepatitis being viral hepatitis can be caused by either of the five hepatotropic viruses, namely Hepatitis A, Hepatitis B, Hepatitis C, Hepatitis D, and Hepatitis E. The non-viral hepatitis can be caused by autoimmune diseases, alcohol, few of prescription medications, and toxic substances. Globally, the industry players are focusing significantly on R&D to gain approval for various clinical trials for future HBV and HCV drugs to be commercially available in the market. The advent of interferon-free combination regimens and DAAs is one of the major drivers for the global hepatitis drugs market, specifically for the HCV market. Moreover, various IFN-regimens are under development as all-oral regimens. These therapies are expected to attain higher SVR and cause lesser side effects than currently approved therapies. The market is also witnessing various mergers, acquisitions, and collaborations among the top players, which is defining the future of the Global Hepatitis Drugs market.
Key Players: Gilead Sciences Inc., Abbvie Inc., Johnson & Johnson, Merck & Co. Inc., GlaxoSmithKline plc, Vertex Pharmaceuticals Inc., Novartis AG, Hoffmann-La Roche Ltd., and other predominate & niche players.
Competitive Analysis: At present, the HCV drugs are dominating the Global Hepatitis Drugs market – but, a lot of new players are focusing on developing HBV drug molecules to gain future business opportunities. Especially, big players along with the collaboration with other SMBs for clinical trials of hepatitis molecules and compounds are coming with new commercial targeted drugs in the market and they are expecting a double-digit growth in the upcoming years. Significant investments in R&D in this market are expected to increase and collaborations, merger & acquisition activities are expected to continue.
Benefits: The report provides complete details about the usage and adoption rate of hepatitis drugs in various therapeutic verticals and regions. With that, key stakeholders can know about the major trends, drivers, investments, vertical player’s initiatives, and government initiatives towards the hepatitis drugs adoption in the upcoming years along with the details of commercial drugs available in the market. Moreover, the report provides details about the major challenges that are going to impact on the market growth. Additionally, the report gives the complete details about the key business opportunities to key stakeholders to expand their business and capture the revenue in the specific verticals to analyze before investing or expanding the business in this market.
Report Details @ https://www.wiseguyreports.com/reports/1273887-global-hepatitis-drugs-market-drivers-opportunities-trends-and-forecasts-2017-2023
Table Of Contents – Major Key Points
1 Industry Outlook 9
1.1 Industry Overview 9
1.2 Industry Trends 10
1.3 Pest Analysis 11
2 Report Outline 12
2.1 Report Scope 12
2.2 Report Summary 12
2.3 Research Methodology 13
2.4 Report Assumptions 13
3 Market Snapshot 14
3.1 Total Addressable Market (TAM) 14
3.2 Disease Overview 15
3.2.1 Hepatitis A 15
3.2.1.1 Epidemiology 15
3.2.1.2 Therapy 15
3.2.2 Hepatitis B 15
3.2.2.1 Epidemiology 15
3.2.2.2 Therapy 16
3.2.3 Hepatitis C 16
3.2.3.1 Epidemiology 16
3.2.3.2 Therapy 17
3.2.4 Hepatitis D 18
3.2.5 Hepatitis E 19
3.3 Disease Transmission 19
3.4 Related Markets 20
4 Market Outlook 21
4.1 Overview 21
4.2 Regulatory Bodies & Standards 21
4.3 Porter 5 (Five) Forces 22
5 Market Characteristics 23
5.1 Evolution 23
5.2 ROADMAP 24
5.3 Market Dynamics 25
5.3.1 Drivers 25
5.3.1.1 Increasing Demand of Hepatitis Drugs 25
5.3.1.2 Focus on Advanced DAAs 25
5.3.1.3 Introduction of IFN-free Therapies 26
5.3.1.4 Growth of Injection Drug Users 26
5.3.2 Restraints 27
5.3.2.1 Long Approval Process and Stringent Regulations 27
5.3.2.2 Side Effects of Hepatitis Drugs 27
5.3.2.3 Increase in the Number of Generic Drugs 27
5.3.2.4 Increasing Market Competition 27
5.3.3 Opportunities 28
5.3.3.1 Significant Increase in Mergers and Acquisitions 28
5.3.3.2 Emergence of Combination Drugs 28
5.3.3.3 Preventive Healthcare 28
5.3.3.4 Focus of Companies on Emerging Market 29
5.3.4 DRO – Impact Analysis 29
6 Trends, Roadmap and Projects 30
6.1 Market Trends & Impact 30
6.2 Technology Roadmap 31
7 Types: Market Size & Analysis 32
7.1 Overview 32
7.2 Hepatitis A Segment 33
7.3 Hepatitis B Segment 34
7.4 Hepatitis C Segment 34
Continue……
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