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Nonstructural Protein 4B Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2029)

03-28-2023 07:54 AM CET | Health & Medicine

Press release from: Orion Market Research

Nonstructural Protein 4B Market is Anticipated to Increase at

Nonstructural Protein 4B Market is anticipated to grow at a significant CAGR during the forecast period. Nonstructural protein 4B (NS4B) induces the specific membrane alteration and is elected as a membranous web (MW). It is an integral membrane protein that is predicted to comprise four transmembrane segments in its central part. The major factor contributing to the growth of the market is the increasing prevalence of hepatitis across the globe. 

According to World Health Organization (WHO), in 2021, an estimated 58 million people have chronic hepatitis C virus infection globally. Additionally, an estimated 1.5 million new infections occur every year.  Furthermore, approximately 290,000 people died from hepatitis C mostly due to cirrhosis and hepatocellular carcinoma (primary liver cancer) in 2019. Moreover, over 95% of persons with hepatitis C infection are cured by antiviral medicines. Hence, the rising prevalence of the disease is driving the demand for nonstructural protein 4Bs for the treatment which in turn is driving the growth of the market. 

Some major players in the market include Gilead Sciences, Inc., Johnson and Johnson Services, Inc., and AbbVie Inc., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in September 2019, AbbVie announced that it has received FDA approval for Mavyret (Glecaprevir/Pibrentasvir). It is used to shorten the treatment duration to eight weeks for the treatment of patients with chronic hepatitis c and compensated cirrhosis across all genotypes

To Request a Sample of our Report on Nonstructural Protein 4B Market:  https://www.omrglobal.com/request-sample/nonstructural-protein-4b-market

Market Coverage

The market number available for - 2021-2029
Base year- 2021
Forecast period- 2023-2029

Segment Covered- 

By Type
By Application

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World

Competitive Landscape- Gilead Sciences, Inc., Johnson and Johnson Services, Inc., and AbbVie Inc., among others. 

Nonstructural Protein 4B Market Report by Segment

By Type

INO-8000
GSK-8853
PTC-725
RL-15A
Others

By Application

Hospital 
Clinics
Others

A full Report of Nonstructural Protein 4B Market is Available @  https://www.omrglobal.com/industry-reports/nonstructural-protein-4b-market

Nonstructural Protein 4B Market Report by Region

North America

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America 
Middle East & Africa

Reasons to buy from us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

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Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

About Orion Market Research 
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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