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World Liver Disease Treatment Market To 2022 By Top Key Players Gilead Science Inc., Bayer AG, AstraZeneca, GlaxoSmithKline plc, Merck & Co. Inc, Sanofi, Pfizer Inc

03-06-2019 10:27 AM CET | Health & Medicine

Press release from: Big Market Research

Liver Disease

Liver Disease

Liver disease comprises of wide range of complex conditions affecting the liver. Liver disease treatment market is assured to grow on account of unmet clinical needs and upcoming treatment modifications. Number of novel agents has shown improvements in clinical trials such as obeticholic acid, thiazolidinediones and vitamin E for treatment of nonalcoholic fatty liver diseases. Additionally, according to American Cancer Society liver cancer rates increases 2.7% every year propelling the growth of market.

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Changing lifestyle such as increasing consumption of alcohol, unhealthy diets have increased the incidences of liver disease. Whereas, growing geriatric population has lead to significant addition in the world liver disease treatment market.

However, stringent government regulations (FDA, MHRA), high cost incurred in drug research and development pose a crucial challenge for liver disease treatment Industry. Side effect associated with medication is the growing concern expected for declining of market value. Patent expiry and growing health awareness in public would encourage the growth of the market. New research and development will provide immense opportunity for market players. For instance, Yaqrit Limited has developed a new product, Yaq-001 which will be introduced in 3 years for treatment of chronic liver diseases.
The liver disease treatment market is segmented into treatment type and geography.

By treatment type the market is bifurcated into Chemotherapy drugs, targeted therapy, anti-viral drugs, immunoglobulins, corticosteroids, vaccines, anti-rejection drugs/immunosuppressant.

By geography segmented into North America, Europe, APAC and LAMEA. North America is bifurcated into the U.S., Mexico and Canada whereas Europe have been further segmented into UK, Russia, Germany, Italy, France and rest of Europe. APAC comprises of China, India, Japan, South Korea, Taiwan and rest of Asia Pacific. LAMEA includes Latin America, Middle East and Africa.

WHO estimated increase in liver disease due to rising alcohol drinking in Europe whereas; more than 1000 people die of liver cancer due to aflatoxin in western pacific region.

The major companies covered under the scope of the study are Gilead Science Inc., Bayer AG, AstraZeneca, GlaxoSmithKline plc, Merck & Co. Inc, Sanofi, Pfizer Inc., F. Hoffmann-La Roche AG, Novartis AG, and Johnson &Johnson Private Limited among others

Changing lifestyle patterns such as increasing consumption of alcohol, unhealthy diets

Unhealthy diet, high stress levels and unorganized lifestyle patterns are the major driving forces of liver disease treatment market.
Increasing incidences of liver diseases

Increasing incidences of obesity, metabolic syndrome, diabetes and cardiovascular disorders that lead to liver diseases are another major factor boosting the growth of liver disease treatment market.
Growing geriatric population

Structural dysfunction or alteration due to aging mainly leads to liver diseases. According to the National Institute of Aging, geriatric population is likely to increase by 86% till 2050. Government and non government awareness program /Liver organizations

With increasing prevalence of liver diseases, increasing awareness has become a necessity. Government and not-for-profit organizations are playing a crucial role in the rising awareness about the liver diseases around the world.

Increasing R&D to develop innovative products
Several companies are investing in their R&D to develop innovative and advanced treatment for liver disease. Research and development of high efficient and less or no side effects pharmaceutical drugs would drive the market in the near future.

Availability of generic and bio-similar drugs
Patent expiry in upcoming years of various block-buster liver disease treatment drugs have created new gateway for the entrance of generic market.

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KEY BENEFITS FOR SHAREHOLDERS

• The report provides information regarding key drivers, restraints and opportunities with detailed analysis
• The study provides an in-depth analysis of the fast food market with current and future trends to elucidate the imminent investment pockets in the liver disease treatment market
• Current and future trends are outlined which will help new entrants and key players to gain a stronger foothold in the market
• Quantitative analysis of the current market and estimations through 2014-2022 are provided to showcase the financial competency of the market
• Porters Five Forces model of the industry illustrates the potency of the buyers & suppliers participating in the market
• Comprehensive analyses of all geographical regions are presented that determines predominant opportunities in these geographies
• Key market players of liver disease treatment are analyzed to understand the competitive outline of the world liver disease treatment market

KEY MARKET SEGMENTS:
• By Treatment Type:
o Anti-Rejection Drugs/Immunosupressants
o Chemotherapy Drugs
o Targeted therapy
o Vaccines
o Anti-Viral Drugs
o Immunoglobulins
o Corticosteroids

• By Geography:
o North America
o Europe
o Asia-Pacific
o LAMEA

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