Home > Healthcare > Pharmaceuticals > Disease Specific Drugs > Hepatitis Treatment Market

Hepatitis Treatment Market Size

  • Report ID: GMI10910
  • Published Date: Aug 2024
  • Report Format: PDF

Hepatitis Treatment Market Size

Hepatitis Treatment Market size accounted for USD 22.2 billion in 2023 and is expected to grow at 3.5% of CAGR between 2024 and 2032. Several factors drive the growth of the market. The rising incidence of hepatitis B and C viruses, coupled with a global increase in awareness about these conditions, has led to a surge in hepatitis infections.

 

For example, the World Health Organization (WHO) estimates that approximately 296 million individuals globally suffer from chronic hepatitis B, while 58 million are affected by chronic hepatitis C. These figures underscore the significant burden of these diseases. Consequently, innovations in treatment modalities, such as the advent of antiviral therapies and immunotherapies, have paved the way for enhanced patient care, fueling the market's expansion. Furthermore, strides in diagnostic technologies have bolstered early detection rates for hepatitis infections. Methods like polymerase chain reaction (PCR) testing and cutting-edge imaging systems empower healthcare professionals to diagnose hepatitis at earlier stages. This leads to more prompt and effective treatment interventions, further driving market growth.

 

Hepatitis treatment encompasses a spectrum of pharmaceutical interventions aimed at managing, treating, and potentially curing the various forms of hepatitis, a condition marked by liver inflammation. The hepatitis treatment market includes medications and therapeutic options tailored for different hepatitis types: A, B, C, D, and E. Each type arises from distinct viruses, each with unique transmission methods and health consequences.

 

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The hepatitis treatment industry size was USD 22.2 billion in 2023 and is projected to grow at a 3.5% CAGR due to the rising incidence of hepatitis B and C viruses and the greater global awareness of these conditions.

The hepatitis treatment industry from the hepatitis C segment recorded USD 9.8 billion in 2023, driven by rising infection rates and advancements in anti-viral treatments.

North America hepatitis treatment market will expand at a 3.7% CAGR through 2032, supported by the prevalence of hepatitis B and C, advancements in antiviral therapies, a strong healthcare infrastructure, and enhanced awareness and screening programs.

Barnes-Jewish Hospital, Bumrungrad International Hospital, Cedars-Sinai, Cleveland Clinic, Mayo Clinic, AbbVie Inc., Biocon, Inc., Bristol-Myers Squibb Company, Dynavax Technologies, F. Hoffmann-La Roche Ltd., Gilead Sciences, Inc., GlaxoSmith Kline plc, Lupin Limited, Merck & Co., Inc., and Novartis AG.

Hepatitis Treatment Market Scope

Buy Now


Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 400
  • Countries covered: 23
  • Pages: 231
 Download Free Sample