Chronic Hepatitis B (CHB) Market Opportunities, Share, & Analysis by 2031

Hepatitis B is a viral infection that causes liver inflammation and damage. Inflammation is swelling that occurs when tissues of the body become injured or infected. Inflammation can damage organs. Chronic hepatitis B is a long-lasting infection. According to National Institutes of Health (NIH), about 90% of infants infected with hepatitis B develop a chronic infection. About 25 to 50% of children infected between the ages of 1 and 5 years develop chronic infections. However, only about 5% of people first infected as adults develop chronic hepatitis B.

The global Chronic Hepatitis B (CHB) Market size was estimated at $4.6 billion in 2021 and is expected to hit $6.1 billion by 2031, registering a CAGR of 3.0% from 2022 to 2031. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and evolving market trends. The market study is a helpful source of information for the frontrunners, new entrants, investors, and shareholders in crafting strategies for the future and heightening their position in the market.

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• CAGR: 3.0 %
• Current Market Size: USD 4.6 Billion
• Forecast Growing Region: APAC
• Largest Market: North America
• Projection Time: 2022 - 2031
• Base Year: 2022

Covid-19 scenario-
• The outbreak of the pandemic had a negative impact on the global Chronic Hepatitis B(CHB) market. The outbreak of the pandemic in the majority of countries affected the supply chain and decreased blood donations across the world.
• However, later on, several government initiatives to provide safer healthcare facilities and rise in blood donation rate for the treatment of Covid-19 with blood plasma helped the market recoup soon.

The global Chronic Hepatitis B (CHB) market is analyzed across Drug Class, Gender, Distribution Channel, and Region. The report takes in an exhaustive analysis of segments and their sub-segments with the help of tabular and graphical representation. Investors and market players can benefit from the breakdown and devise stratagems based on the highest revenue-generating and fastest-growing segments stated in the report.
Based on drug class, the antivirals segment contributed to 87% of the total market revenue in 2021, and is expected to dominate by 2031. The immune modulators segment, however, would manifest the fastest CAGR of 4.2% throughout the forecast period.

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Based on gender, the male segment accounted for more than half of the total market revenue in 2021, and is expected to dominate by 2031. The same segment would also cite the fastest CAGR of 3.2% throughout the forecast period.

Based on distribution channel, the drug stores and retail pharmacies segment held nearly three-fifths of the total market revenue in 2021, and is expected to dominate by 2031. The Asia-Pacific region, at the same time, would showcase the fastest CAGR of 4.7% throughout the forecast period.

Based on region, the market across North America generated nearly two-fifths of the global market revenue in 2021, and is anticipated to retain the lion's share by 2031. The Asia-Pacific region, simultaneously, would manifest the fastest CAGR of 4.7% during the forecast period. The other provinces analyzed in the report include Europe and LAMEA.

The key market players analyzed in the global Chronic Hepatitis B (CHB) market report include Dr. Reddy's Laboratories, Biocon Inc, Zydus Cadila, Gilead Sciences, Inc., Novartis AG, Reliance Life Sciences, Sun Pharmaceutical Industries Limited, Teva pharmaceuticals, Cipla Limited, and Viatris Inc. These market players have embraced several strategies including partnership, expansion, collaboration, joint ventures, and others to highlight their prowess in the industry. The report is helpful in formulating the business performance, product portfolio, operating segments, and developments by the top players.

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