China Liver Disease Therapeutics Market Expected to Grow Faster According to New Research Report 2023-2028

Report Overview

The China liver disease therapeutics market size stood at around USD 9.08 billion in 2019 and is projected to reach USD XX billion by 2028, exhibiting a CAGR of xx% during the forecast period.

A total of 13.54 million deaths were attributable to liver diseases over the period between 1987 and 2016, resulting in an average of 36.15 deaths per 100 000 population per year. The risk of PLC (Primary liver cancer) mortality increased by 32.69% over the period after controlling for the effects of age and birth cohort. By contrast, the risk of CLD (Chronic liver disease) mortality decreased by 56.64% over the same period. The risk of VH (Viral hepatitis) mortality decreased first, followed by a resurgence after the period of 20022006. Similar mortality risk trends by age (increasing) and birth cohort (decreasing) were observed for PLC and CLD. China has achieved great success in reducing the mortality of VH and CLD. However, significant challenges lie ahead in the efforts to prevent and control PLC and the resurgence of VH.

Market Drivers

The growth of the Liver disease therapeutics market in china is majorly driven by factors such as unorganized lifestyles, rising public awareness, increasing alcohol consumption, Unmet needs for the treatment of liver cancer, and a Growing obese and diabetic population. The increasing prevalence of liver disease is also a major factor that is driving the growth of this market like approximately 7% of the population in China is affected by hepatitis among which many are at risk of developing chronic liver cancer and cirrhosis. The annual alcohol consumption per capita in China has climbed from 3.3 L in 1987 to 5.74 L in 2016.

The key restraint of this market are the side effects associated with the products, Competition from herbal medicines, and high costs associated with the liver disease treatment market.

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Major Players

The major players in the liver disease therapeutics market are Bristol-Myers Squibb, GSK, Abbott Laboratories, Astellas Pharma Inc, Gilead Sciences but the advantages of foreign brands are usually sinking. Boulding was in the leading position among the top 10 liver disease drug brands in china; although Runzhong ranked second, its sales growth rate (54.3%) was much higher than Boulding (18.9%).

The China Liver Disease Therapeutics Market 2023 Report makes available the current and forthcoming technical and financial details of the industry. It is one of the most comprehensive and important additions to the Prudent Markets archive of market research studies. It offers detailed research and analysis of key aspects of the global China Liver Disease Therapeutics market. This report explores all the key factors affecting the growth of the global China Liver Disease Therapeutics market, including demand-supply scenario, pricing structure, profit margins, production, and value chain analysis.

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Market Segmentation

By Treatment Modality:

Based on the treatment modality, the liver disease therapeutics market in china is segmented into Antiviral, Vaccines, Chemotherapy, Immunosuppressive agents, and corticosteroids. Anti-viral drugs are expected to dominate the market during the forecast period. antiviral drugs are a class of medication used for HBV (hepatitis B virus) that are found to be effective in suppressing the HBV viral load while reducing the risk of developing cirrhosis and hepatocellular carcinoma. Therefore, the antiviral drug segment holds a major market share, and it is expected to maintain its lead position during the forecast period.

By Distribution channels:

Based on the distribution channel, the liver disease therapeutics market in china is segmented majorly into hospital and retail pharmacies. Approximately the market share of hospital pharmacies is 86% while that of retail pharmacies is 13 % and the rest is shared by other some other sources.

Major Players

The major players in the liver disease therapeutics market are Bristol-Myers Squibb, GSK, Abbott Laboratories, Astellas Pharma Inc, Gilead Sciences but the advantages of foreign brands are usually sinking. Boulding was in the leading position among the top 10 liver disease drug brands in china; although Runzhong ranked second, its sales growth rate (54.3%) was much higher than Boulding (18.9%).

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The report covers the competitive analysis of the market. As the demand is driven by a buyer's paying capacity and the rate of item development, the report shows the important regions that will direct growth. This section exclusively shares insight into the budget reports of big-league members of the market helping key players and new entrants understand the potential of investments in the Global China Liver Disease Therapeutics Market. It can be better employed by both traditional and new players in the industry for complete know-how of the market.

Strategic Points Covered in Table of Content of Global China Liver Disease Therapeutics Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the China Liver Disease Therapeutics market
Chapter 2: Exclusive Summary - the basic information of the China Liver Disease Therapeutics Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the China Liver Disease Therapeutics
Chapter 4: Presenting the China Liver Disease Therapeutics Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country
Chapter 6: Evaluating the leading manufacturers of the China Liver Disease Therapeutics market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

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In conclusion, the China Liver Disease Therapeutics Market report is a genuine source for accessing the research data which is projected to exponentially grow your business. The report provides information such as economic scenarios, benefits, limits, trends, market growth rates, and figures. SWOT analysis and PESTLE analysis is also incorporated in the report.

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