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Global Hepatic Disease Treatment Market: By Treatment Type: Antiviral Drugs, Immunoglobulins, Immunosuppressants, Vaccines, Corticosteroids, Others; By Disease Type; By End Use; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics: SWOT Analysis; Competitive Landscape; Industry Events and Developments

Global Hepatic Disease Treatment Market Outlook

The global market for hepatic disease treatment reached a value of about USD 21.97 billion in 2021. The market is further expected to grow at a CAGR of about 6.2% in the forecast period of 2022-2027 to reach a value of around USD 31.46 billion by 2027, owing to the rising prevalence of liver diseases.

 

North America and Asia Pacific to be Significant Regional Markets for Hepatic Disease Treatment

Due to a large number of research and academic institutes conducting clinical trial studies in the region, North America is likely to be the dominant region in the hepatic disease treatment market over the forecast period. Changes in lifestyle, such as increasing alcohol consumption and poor diet, have also contributed to a rise in the prevalence of the liver disease. Further, increased patient awareness and the launch of innovative products that address unmet medical needs are expected to drive the regional market growth throughout the forecast period. The number of deaths caused by liver illnesses has increased, as has the frequency of liver cancer. According to the Centres for Disease Control and Prevention, roughly 800,000 to 1.4 million Americans have chronic hepatitis B virus (HBV) infection, and hepatitis B is the underlying cause of 2,000 to 4,000 fatalities in the United States each year.

Asia Pacific is projected to have the fastest growth owing to rapidly increasing healthcare infrastructure, increased spending, government initiatives and increasing awareness amongst the population, and the growing medical tourism industry in developing nations, such as China and India. Another factor driving the market growth is the rapidly increasing need for improved and innovative liver disease therapies, notably in China, India, and South Korea. Also, one of the significant factors behind this growth can be the increasing prevalence of non-alcoholic fatty liver disease (NAFLD) and hepatitis, lack of expertise, and the poor healthcare infrastructure in the region. Further, the region's ageing population, combined with major growth in overweight and obesity rates in China and Australia, is increasing the risk of liver disease, which is projected to drive demand for the hepatic disease treatment market in Asia Pacific.

 

Market Segmentations

Hepatic disease is caused in the liver; it refers to a variety of disorders that impair or prevent the liver from functioning properly. Yellowing of the skin or eyes (jaundice), abdominal pain, or abnormal liver function test results may indicate liver illness. Common liver ailments include cancer, hepatitis, autoimmune diseases, and genetic problems. Treatment for liver disease improves cholesterol and hormone excretion by increasing bile synthesis and enzyme activation.

Based on treatment type, the market is divided into:

  • Antiviral Drugs
  • Immunoglobulins
  • Immunosuppressants
  • Vaccines
  • Corticosteroids
  • Chemotherapy
  • Targeted Therapy
  • Others

The various types of diseases in the hepatic disease treatment market are:

  • Hepatitis
  • Autoimmune Diseases
  • Non-alcoholic Fatty Liver Disease (NAFLD)
  • Cancer
  • Genetic Disorders
  • Others

The end-uses of the market are:

  • Hospitals
  • Ambulatory Surgery Centres
  • Others

The regional markets for hepatic disease treatment can be divided into North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa.

 

Rise in the Prevalence of Liver Diseases Propelling the Market Growth

The rise in the prevalence of liver diseases, such as non-alcoholic fatty liver disease (NAFLD), liver cirrhosis, hepatitis, alcoholic hepatitis, and liver cancer worldwide is largely due to an unhealthy lifestyle and excessive alcohol consumption. This is propelling the global hepatic disease treatment market. One of the primary factors augmenting the global market's growth is the world's growing geriatric population, which is susceptible to a variety of chronic diseases, including liver disease. Accordingly, the quick acceptance of antiviral medications, which are safe and efficient in suppressing the hepatitis B virus and lowering the risk of developing cirrhosis and hepatocellular carcinoma, is favourably influencing the market growth. Moreover, increasing research and development activities, significant growth in the healthcare industry and implementation of various government initiatives in order to promote public health are creating a positive outlook for the market. For instance, in February 2021, the Indian government announced the integration of NAFLD with the National Program for Prevention and Control of Cancer, Diabetes, Cardiovascular Diseases and Stroke (NPCDCS). This program is mainly focused on multiple factors, including early diagnosis and management of NAFLD, along with building healthcare infrastructure for the prevention, diagnosis, and treatment of NAFLD.

 

Key Players in the Global Market for Hepatic Disease Treatment

The report gives a detailed analysis of the following key players in the global hepatic disease treatment market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • AbbVie Inc.
  • Abbott Laboratories
  • Merck & Co., Inc.
  • F. Hoffmann-La Roche Ltd
  • Eli Lilly and Company
  • Bristol-Myers Squibb Company
  • Gilead Sciences, Inc.
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Hepatic Disease Treatment Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Hepatic Disease Treatment Historical Market (2017-2021) 
    8.3    Global Hepatic Disease Treatment Market Forecast (2022-2027)
    8.4    Global Hepatic Disease Treatment Market by Treatment Type
        8.4.1    Antiviral Drugs
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Immunoglobulins
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
        8.4.3    Immunosuppressants
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2017-2021)
            8.4.3.3    Forecast Trend (2022-2027)
        8.4.4    Vaccines
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2017-2021)
            8.4.4.3    Forecast Trend (2022-2027)
        8.4.5    Corticosteroids
            8.4.5.1    Market Share
            8.4.5.2    Historical Trend (2017-2021)
            8.4.5.3    Forecast Trend (2022-2027)
        8.4.6    Chemotherapy
            8.4.6.1    Market Share
            8.4.6.2    Historical Trend (2017-2021)
            8.4.6.3    Forecast Trend (2022-2027)
        8.4.7    Targeted Therapy
            8.4.7.1    Market Share
            8.4.7.2    Historical Trend (2017-2021)
            8.4.7.3    Forecast Trend (2022-2027)
        8.4.8    Others
    8.5    Global Hepatic Disease Treatment Market by Disease Type
        8.5.1    Hepatitis
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    Autoimmune Diseases
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
        8.5.3    Non-alcoholic Fatty Liver Disease (NAFLD)
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2017-2021)
            8.5.3.3    Forecast Trend (2022-2027)
        8.5.4    Cancer
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2017-2021)
            8.5.4.3    Forecast Trend (2022-2027)
        8.5.5    Genetic Disorders
            8.5.5.1    Market Share
            8.5.5.2    Historical Trend (2017-2021)
            8.5.5.3    Forecast Trend (2022-2027)
        8.5.6    Others
    8.6    Global Hepatic Disease Treatment Market by End Use
        8.6.1    Hospitals
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2017-2021)
            8.6.1.3    Forecast Trend (2022-2027)
        8.6.2    Ambulatory Surgical Centres
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2017-2021)
            8.6.2.3    Forecast Trend (2022-2027)
        8.6.3    Others
    8.7    Global Hepatic Disease Treatment Market by Region
        8.7.1    Market Share
            8.7.1.1    North America
            8.7.1.2    Europe
            8.7.1.3    Asia Pacific
            8.7.1.4    Latin America
            8.7.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        9.1.3    Breakup by Country
        9.1.3.1    United States of America 
        9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
11    Competitive Landscape
    11.1    Market Structure
    11.2    Company Profiles
        11.2.1    AbbVie Inc.
            11.2.1.1    Company Overview
            11.2.1.2    Product Portfolio
            11.2.1.3    Demographic Reach and Achievements
            11.2.1.4    Certifications
        11.2.2    Abbott Laboratories
            11.2.2.1    Company Overview
            11.2.2.2    Product Portfolio
            11.2.2.3    Demographic Reach and Achievements
            11.2.2.4    Certifications
        11.2.3    Merck & Co., Inc.
            11.2.3.1    Company Overview
            11.2.3.2    Product Portfolio
            11.2.3.3    Demographic Reach and Achievements
            11.2.3.4    Certifications
        11.2.4    F. Hoffmann-La Roche Ltd
            11.2.4.1    Company Overview
            11.2.4.2    Product Portfolio
            11.2.4.3    Demographic Reach and Achievements
            11.2.4.4    Certifications
        11.2.5    Eli Lilly and Company
            11.2.5.1    Company Overview
            11.2.5.2    Product Portfolio
            11.2.5.3    Demographic Reach and Achievements
            11.2.5.4    Certifications
        11.2.6    Bristol-Myers Squibb Company
            11.2.6.1    Company Overview
            11.2.6.2    Product Portfolio
            11.2.6.3    Demographic Reach and Achievements
            11.2.6.4    Certifications
        11.2.7    Gilead Sciences, Inc.
            11.2.7.1    Company Overview
            11.2.7.2    Product Portfolio
            11.2.7.3    Demographic Reach and Achievements
            11.2.7.4    Certifications
        11.2.8    Others
12    Industry Events and Developments
 

List of Key Figures and Tables

1.    Global Hepatic Disease Treatment Market: Key Industry Highlights, 2017 and 2027
2.    Global Hepatic Disease Treatment Historical Market: Breakup by Treatment Type (USD Billion), 2017-2021
3.    Global Hepatic Disease Treatment Market Forecast: Breakup by Treatment Type (USD Billion), 2022-2027
4.    Global Hepatic Disease Treatment Historical Market: Breakup by Disease Type (USD Billion), 2017-2021
5.    Global Hepatic Disease Treatment Market Forecast: Breakup by Disease Type (USD Billion), 2022-2027
6.    Global Hepatic Disease Treatment Historical Market: Breakup by End Use (USD Billion), 2017-2021
7.    Global Hepatic Disease Treatment Market Forecast: Breakup by End Use (USD Billion), 2022-2027
8.    Global Hepatic Disease Treatment Historical Market: Breakup by Region (USD Billion), 2017-2021
9.    Global Hepatic Disease Treatment Market Forecast: Breakup by Region (USD Billion), 2022-2027
10.    North America Hepatic Disease Treatment Historical Market: Breakup by Country (USD Billion), 2017-2021
11.    North America Hepatic Disease Treatment Market Forecast: Breakup by Country (USD Billion), 2022-2027
12.    Europe Hepatic Disease Treatment Historical Market: Breakup by Country (USD Billion), 2017-2021
13.    Europe Hepatic Disease Treatment Market Forecast: Breakup by Country (USD Billion), 2022-2027
14.    Asia Pacific Hepatic Disease Treatment Historical Market: Breakup by Country (USD Billion), 2017-2021
15.    Asia Pacific Hepatic Disease Treatment Market Forecast: Breakup by Country (USD Billion), 2022-2027
16.    Latin America Hepatic Disease Treatment Historical Market: Breakup by Country (USD Billion), 2017-2021
17.    Latin America Hepatic Disease Treatment Market Forecast: Breakup by Country (USD Billion), 2022-2027
18.    Middle East and Africa Hepatic Disease Treatment Historical Market: Breakup by Country (USD Billion), 2017-2021
19.    Middle East and Africa Hepatic Disease Treatment Market Forecast: Breakup by Country (USD Billion), 2022-2027
20.    Global Hepatic Disease Treatment Market Structure.

Key Questions Answered in the Report

In 2021, the global hepatic disease treatment market attained a value of nearly USD 21.97 billion.

The market is projected to grow at a CAGR of 6.2% between 2022 and 2027.

The market is estimated to witness healthy growth in the forecast period of 2022-2027 to reach USD 31.46 billion by 2027.

The major drivers of the market include the increasing awareness amongst the population, increasing need for improved and innovative liver disease therapies, unhealthy lifestyle and excessive alcohol consumption, increasing alcohol consumption, increasing research and development activities, and government initiatives.

The rise in the prevalence of liver diseases and the growing geriatric population are the key industry trends propelling the growth of the market.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

Based on treatment type, the market is divided into antiviral drugs, immunoglobulins, immunosuppressants, vaccines, corticosteroids, chemotherapy, and targeted therapy, among others.

The various types of diseases in the market are hepatitis, autoimmune diseases, non-alcoholic fatty liver disease (NAFLD), cancer, and genetic disorders, among others.

The end-uses of the market are hospitals and ambulatory surgery centres, among others.

The major players in the industry are AbbVie Inc., Abbott Laboratories, Merck & Co., Inc., F. Hoffmann-La Roche Ltd, Eli Lilly and Company, Bristol-Myers Squibb Company, and Gilead Sciences, Inc., among others.

Analyst Review

The global hepatic disease treatment market attained a value of nearly USD 21.97 billion, driven by the rise in the prevalence of liver diseases. Aided by the increasing alcohol consumption and growing geriatric population, the market is expected to grow at a CAGR of 6.2% in the forecast period of 2022-2027. The market is estimated to reach USD 31.46 billion by 2027.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on treatment type, the market is divided into antiviral drugs, immunoglobulins, immunosuppressants, vaccines, corticosteroids, chemotherapy, and targeted therapy, among others. The various types of diseases in the market are hepatitis, autoimmune diseases, non-alcoholic fatty liver disease (NAFLD), cancer, and genetic disorders, among others. The end-uses of the market are hospitals and ambulatory surgery centres, among others. The major regional markets for hepatic disease treatment are North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa. The key players in the above market are AbbVie Inc., Abbott Laboratories, Merck & Co., Inc., F. Hoffmann-La Roche Ltd, Eli Lilly and Company, Bristol-Myers Squibb Company, and Gilead Sciences, Inc., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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