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Hepatorenal Syndrome Market 2020 Brief Analysis || Leading Players - BioVie Inc., La Jolla Pharmaceutical Company, Cumberland Pharmaceuticals Inc., Orphan Therapeutics
Global Hepatorenal Syndrome Market 2020
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Few of the major competitors currently working in the global hepatorenal syndrome market are Mallinckrodt, BioVie Inc., La Jolla Pharmaceutical Company, Cumberland Pharmaceuticals Inc., Orphan Therapeutics, Noorik Biopharmaceuticals, PharmaIN, Corp among others
This Global Hepatorenal Syndrome Market business report involves use of latest tools and techniques for researching, analysing and gathering of data and information. This report also includes strategic profiling of key players in the market, systematic analysis of their core competencies, and draws a competitive landscape for the market. DBMR team of analysts can provide market data in crude raw excel files pivot tables (Factbook), in the format and style anticipated by clients or can assist in creating presentations from the data sets available in the report. With this Global Hepatorenal Syndrome Market business report businesses can focus on the data and realities of the Healthcare industry which keeps business on the right path.
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Market Definition: Global Hepatorenal Syndrome Market
Hepatorenal syndrome is a condition that is characterized by progressive renal failure in patients with chronic liver diseases. The renal failure causes accumulation of toxins in body that results in liver damage. It is also known as functional form of kidney impairment. The symptoms of the disease include yellowing of skin, enlarged liver and spleen.
The exact incidence of hepatorenal syndrome is unknown due to lack of proper diagnosis, but approximately 8-10% people with ascites and cirrhosis are reported to be positive for hepatorenal syndrome, worldwide. The rate of incidence of these diseases are equal in males and females.
Segmentation: Global Hepatorenal Syndrome Market
Hepatorenal Syndrome Market : By Type
Type 1 Hepatorenal Syndrome
Type 2 Hepatorenal Syndrome
Others
Hepatorenal Syndrome Market : By Diagnosis
Complete Blood Cell Count
Liver Function Tests
Urinalysis and Urine Electrolytes
Others
Hepatorenal Syndrome Market : By Medication
Vasopressin Analogues
Sympathomimetic Agents
Plasma Volume Expanders
Antibiotics
Others
Hepatorenal Syndrome Market : By Surgical
Peritoneovenous Shunting
Surgical Shunts
Liver Transplantation
Others
Hepatorenal Syndrome Market : By Route of Administration
Oral
Injectable
Hepatorenal Syndrome Market : By End Users
Hospitals
Homecare
Specialty Clinics
Others
Hepatorenal Syndrome Market : By Distribution Channels
Hospital Pharmacy
Online Pharmacy
Retail Pharmacy
Others
Hepatorenal Syndrome Market : By Geography
North America
Europe
Asia-Pacific
South America
Middle East and Africa
Key Developments in the Market:
In August 2019, Mallinckrodt announced positive top-line results of the pivotal Phase 3 study of terlipressin, a potent vasopressin used for treatment of patients with hepatorenal syndrome.This clinical trial results can suggest that terlipressin can significantly benefit for patients suffering from hepatorenal syndrome
In November 2018, BioVie Inc. received Orphan Drug designation from the U. S. FDA for BIV201 (terlipressin), a new drug candidate for treatment of patients with hepatorenal syndrome (HRS) and refractory ascites due to liver cirrhosis. This drug candidate is in phase IIa clinical trial for safety and efficacy studies. The grant of Orphan Drug designation will provide 7 years of market exclusivity to the company and earliest FDA marketing approval to the drug
Hepatorenal Syndrome Market Drivers
Rising incidence rate of hepatorenal syndrome drives the market growth
Rising geriatric population and occurance of disease also uplifts the market growth
Increasing government initiatives and fundings for development of therapies for diseases like hepatorenal syndrome will boost up the market growth
Increasing consumption of unhealthy food and drinks such as alcohol is another factor for this market growth
Hepatorenal Syndrome Market Restraints
High cost associated with research and development of new drugs and therapies will restrict the market growth
Late and inaccurate diagnosis and inappropriate treatment of the disease will also hamper the market growth
Competitive Analysis:
Global hepatorenal syndrome market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of hepatorenal syndrome market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Report range-
The report offers Hepatorenal Syndrome Market share appraisals for regional and global levels
To gain detailed overview of parent market
Information about key drivers, restraints, opportunities, and their impact analysis on the Hepatorenal Syndrome Market size has been provided.
The study provides an in-depth analysis of the global Hepatorenal Syndrome Market and current & future trends to elucidate imminent investment pockets.
Identify growth segments and opportunities in the industry
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