Chronic Hepatitis C In 12 Major Markets includes Gilead, Johnson & Johnson, Bristol-Myers Squibb Company, Merck & Co., Inc., AbbVie Inc. & Biocon

Chronic Hepatitis C In 12 Major Markets Overview:
Hepatitis is defined as inflammation of the liver due to infection with a virus or other causative organism or toxin. Hepatitis C, on the other hand, results mainly from infection with the hepatitis C virus (HCV). With a cure rate of 50% to 80% and no commercially available vaccine, hepatitis C is considered a life-threatening disease with a moderate to high infection rate. It is the main cause of liver transplantation in the United Kingdom and North America.

The transmission of this virus in most cases comes from the abuse of injectable drugs, the virus can only be transmitted by contact with blood. Secondary transmission factors include tattoos, sexual contact, blood transfusion, organ transplantation and other rare cases. The diagnosis of hepatitis C is also very delicate because there is a risk of misdiagnosis because it is possible that the virus is not detected in a liver biopsy sample. Liver enzyme levels may remain normal for an infected person for years. In some cases, an infected person can reach 30 years without showing symptoms of infection. PCR amplification of purified and centrifuged biopsy samples at specific time intervals is the best-proven method for near precision diagnosis.

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Chronic Hepatitis C In 12 Major Markets Drivers and Restraints:
Currently, the market cost of antivirals and interferon remains the biggest barrier to the proliferation of the therapeutic market for hepatitis C. Prices range from a few hundred dollars to thousands of dollars for a single dose. In general, insurance companies do not cover the total cost of drugs in the standard coverages often, and only first-rate people can afford the treatment. Immunization research in progress can also be an obstacle in the future because preventive vaccination has always been more successful than therapeutic vaccines. The therapeutic market for hepatitis C continues to be in the billions, with new combinations patented each year with its own market segment. They are currently one of the most coveted investment segments in the healthcare sector. With the entry of Asian players, prices should also fall, which could increase the therapeutic market.

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Geographic Segmentation:
The North American market is the highest market by volume, followed by Europe, as in these regions reported cases are high in number, and so is the affordability of drugs. The major cause for Hepatitis C transmission in developed nations is intravenous narcotic/psychedelic drug abuse, which is common in these regions. In developing markets of Asia and South America, the leading cause for transmission is healthcare exposure and their poor standards. This along with their population size make a large market, however, unavailability of affordable drugs is often the reason why the markets haven’t been proliferated yet. However the recent growth of market in Asia Pacific is a positive sign for potential manufacturers. The rest of the world also follows a similar pattern.

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Key Players In Chronic Hepatitis C In 12 Major Markets:
Key players active in the Hepatitis C Therapeutics Market includes Gilead, Johnson & Johnson, Bristol-Myers Squibb Company, Merck & Co., Inc., AbbVie Inc. & Biocon.

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