(PDF) Liver Fibrosis Treatment Market Is Expected to Reach US$ 28 Billion at a 10.8% CAGR By 2026 | Future Growth Insights, Share Value, Top Key Players and Industry Dynamics
The Global Liver Fibrosis Treatment Market, segmented by End User (Specialty Clinics, Hospitals, and Others), By Treatment Type (Hepatotropic Drug, PPAR (Peroxisome Proliferator-activated Receptors) alpha agonist, and ACE Inhibitors), by Region (North America, Asia Pacific, Latin America, Europe, the Middle East, and Africa), and by Condition (Nonalcoholic Steatohepatitis, Chronic Liver Diseases, and Hepatitis C) is forecast to grow at a CAGR of 10.8 percent during the forecast period.
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The global liver fibrosis treatment market is forecast to rise in the near future due to an increase in the number of clinical studies conducted by major companies aimed at developing an effective treatment option for liver fibrosis. FibroGen, Inc. began a phase II clinical trial of FG-3019, a human monoclonal antibody against the Connective Tissue Growth Factor (CTGF), in October 2010 to examine the efficacy in restoring the consequences of liver fibrosis induced by chronic hepatitis B virus infection (HBV). Intercept Pharmaceuticals, Inc. started the REVERSE study in phase III in February 2018. The effectiveness and safety of obeticholic acid in NASH patients with a biopsy-confirmed indication of cirrhotic will be evaluated in this randomized phase III research.
Competitive Landscape -
Key companies contributing in the global liver fibrosis treatment market are Johnson and Johnson, Vertex Pharmaceuticals Incorporated, Bristol-Myers Squibb, Merck & Co., Inc., Gilead Sciences, Inc., Pharmaxis Limited, FibroGen, Inc., Pfizer Inc., and Novartis AG.
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In addition, rising research partnership among major companies to create innovative treatment regimes, as well as regulatory approval of new medications for the treatment of liver fibrosis, are projected to fuel the global liver fibrosis treatment market expansion in the near future. Nordic Bioscience and Bristol-Myers Squibb Company inked a partnership agreement in April 2017 to develop biomarker technologies that might be used to track and measure fibrosis diseases such as non-alcoholic steatohepatitis (NASH). This partnership will aid patients in diagnosing and monitoring their fibrosis. SYMDEKO was authorized by the Food and Drug Administration (FDA) in February 2018 for the therapy of CF (cystic fibrosis) in patients aged 12 and older with specific mutations.
Browse 24 Market Data Tables and 28 Figures spread through 168 Pages and in-depth TOC on ‘Liver Fibrosis Treatment Market, by End User (Specialty Clinics, Hospitals, and Others), by Treatment Type (Hepatotropic Drug, PPAR (Peroxisome Proliferator-activated Receptors) alpha agonist, and ACE Inhibitors), by Region (North America, Asia Pacific, Latin America, Europe, the Middle East, and Africa), and by Condition (Nonalcoholic Steatohepatitis, Chronic Liver Diseases, and Hepatitis C) - Global Forecast to 2026’
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Due to the rising frequency of risk factors impacting liver fibrosis globally, the global liver fibrosis treatment market is projected to increase at a 10.8 percent CAGR during the forecast period.
Hepatotropic drugs accounted for a considerable market share in the liver fibrosis therapy industry, as they enable patients to get safe and effective treatment for fibrosis reduction.
Hospitals are anticipated to account for the majority of market share among end-users during the forecast period since clinics are the leading alternative for patients with liver fibrosis.
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Table of Content
Global Liver Fibrosis Treatment Market Research Report
Section 1: Global Liver Fibrosis Treatment Industry Overview
Section 2: Global Economic Impact on Liver Fibrosis Treatment Industry
Section 3: Global Market Competition by Industry Producers
Section 4: Global Productions, Revenue (Value), according to Regions
Section 5: Global Supplies (Production), Consumption, Export, Import, geographically
Section 6: Global Productions, Revenue (Value), Price Trend, Product Type
Section 7: Global Market Analysis, on the basis of Application
Section 8: Liver Fibrosis Treatment Market Pricing Analysis
Section 9: Market Chain, Sourcing Strategy, and Downstream Buyers
Section 10: Strategies and key policies by Distributors/Suppliers/Traders
Section 11: Key Marketing Strategy Analysis, by Market Vendors
Section 12: Market Effect Factors Analysis
Section 13: Global Liver Fibrosis Treatment Market Forecast
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