Impact of COVID-19 Outbreak on United Kingdom Liver Disease Therapeutics Market to Witness a Pronounce Growth During Forecast 2023-2028

Report Overview

UKs Liver Disease Therapeutics market size stood at around USD XX.X billion in 2019 and is projected to reach USD XX.X billion by 2028, exhibiting a CAGR of xx% during the forecast period.

In the United Kingdom, the primary causes of liver diseases include alcohol, obesity, and viral hepatitis. Furthermore, about 1,000 liver transplants are performed each year, and due to insufficient liver donors, people are dependent on the therapeutics available in the market. All the aforementioned factors are thus expected to drive the markets growth. Factors like increasing reimbursement policies for liver diseases, the government, and other organizations bringing awareness in public by conducting liver disease programs have acted as a catalyst for the growth of this market.

Market Driving and Restraining Factors

Market Drivers

The driving factors for the growth of the liver disease therapeutics market in UK includes the excess intake of over-the-counter high dosage drugs, reimbursement policies for liver diseases in the healthcare sector, government, and other private organizations bring out the awareness by organizing programs regarding liver disease treatment which propels the market during the analysis period.

Growth in the liver disease therapeutics market can also be further attributed to various technological advancements in the imaging techniques, Y-O-Y increase in the patients diagnosing with the liver disease and increasing number of mergers and acquisitions that are happening between the companies. The license expiration of a few drugs and robust pipeline drugs for the treatment of liver diseases is adding fuel to the market.

Restraining Factors

Strict regulations in approving the new drugs, and high costs required for the development of new drugs, and the high costs associated with the treatment for liver diseases are expected to hamper the market growth to a specific limit.

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Major Players

Some of the key players with significant liver diseases therapeutics market share include Abbott Laboratories, Astellas Pharma Inc., Bristol-Mayers Squibb, Gilead Sciences, GlaxoSmithKline plc, F. Hoffmann-La Roche Ltd., Merck & Co., Inc., Novartis AG, Sanofi S.A., Pfizer Inc., Takeda Pharmaceuticals, Valeant Pharmaceuticals, and Watson Pharmaceuticals.

The players are actively involved in clinical trials to raise the clinical evidence level. For example, GSK announced the FDA approval of PROMACTA for the treatment of thrombocytopenia in patients with chronic hepatitis C.

The report delivers the challenges in front of the United Kingdom Liver Disease Therapeutics Market 2023 that allows a better understanding of the market providing a helpful comprehensive evaluation and clear-cut dynamics associated with this market. The analyst has studied the current market scenario while concentrating on the new business objectives with the lucrative opportunities that are available. This report includes changes in customer requirements, customer preferences, and the vendor landscape in the industry with key factors that are expected to influence the overall dynamics of the United Kingdom Liver Disease Therapeuticss Market including the current trends, growth opportunities, restraints, and market drivers.

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Market Segmentation

By Treatment Type:

UK liver disease therapeutics market can be segmented based on treatment type as:

Anti-viral Drugs
Targeted Therapy
Immunosuppressant Drugs
Chemotherapy Drugs
Immunoglobulin

Vaccines
Corticosteroids

Other Treatment Types

Due to the COVID-19 pandemic, it has been found that currently, there is no antiviral drug that is directed against SARS-CoV-2 and many patients with COVID-19 are administered antivirals authorized for other therapeutic indications. A recent study published in 2021, has shown that although arborol treatment does not seem to be significantly associated with liver injury complications, the overall use of antiviral drugs increases the risk of liver injury for critically ill patients with COVID-19. Antiviral drugs are widely used to treat COVID-19 but are not found to be recommended for critically ill patients. However, the effect of antiviral treatment on liver injury in critically ill patients is not yet clear.

By End user:

UK liver disease therapeutics market can be segmented by end user as:

Hospitals
Ambulatory surgery centres
Other End User

Major Players

Some of the key players with significant liver diseases therapeutics market share include Abbott Laboratories, Astellas Pharma Inc., Bristol-Mayers Squibb, Gilead Sciences, GlaxoSmithKline plc, F. Hoffmann-La Roche Ltd., Merck & Co., Inc., Novartis AG, Sanofi S.A., Pfizer Inc., Takeda Pharmaceuticals, Valeant Pharmaceuticals, and Watson Pharmaceuticals.

The players are actively involved in clinical trials to raise the clinical evidence level. For example, GSK announced the FDA approval of PROMACTA for the treatment of thrombocytopenia in patients with chronic hepatitis C.

The United Kingdom Liver Disease Therapeutics Market report is an easy-to-understand document giving section-wise details about the global market. Starting with the brief outline of the overall market, it will put forth the all-inclusive evaluated market statistics and different parameters for the forecast period. The report covers numerous aspects of the United Kingdom Liver Disease Therapeutics market divided into product kind, application, and end-use, offering the report to assist the customers in improving their ability to make precise decisions related to the business under the United Kingdom Liver Disease Therapeutics Market.

International Market Players will use the correct market facts and figures and applied math studies provided within the report back to perceive this and future growth of the worldwide Electrophoretic United Kingdom Liver Disease Therapeutics market. Each section of the research study is specially prepared to explore key aspects of the global United Kingdom Liver Disease Therapeutics Market. Buyers of the report will have access to accurate PESTLE, SWOT, and other types of analysis on the global United Kingdom Liver Disease Therapeutics market. Moreover, it offers highly accurate estimations on the CAGR, market share, and market size of key regions and countries.

This post-pandemic business planning research will aid clients to:
• Adjust their strategic planning to move ahead once business stability kicks in.
• Build resilience by making effective resource and investment choices for individual business units, products, and service lines.
• Conceptualize scenario-based planning to mitigate future crisis situations.

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• Compare financial trends between competitor companies
• Get to know about mergers and acquisitions
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• Improve your business modeling

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

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the United Kingdom Liver Disease Therapeutics market
Chapter 2: Exclusive Summary - the basic information of the United Kingdom Liver Disease Therapeutics Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the United Kingdom Liver Disease Therapeutics
Chapter 4: Presenting the United Kingdom 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 United Kingdom 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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