Hepatic Encephalopathy Market to Reach US$ 2,823.3 Million by 2033 | IMARC Group

The newly published report by IMARC Group, titled "Hepatic Encephalopathy Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2033″, presents a comprehensive analysis of the hepatic encephalopathy market. The report provides an overview of the market trends, growth prospects, investment opportunities, and industry prospects, as well as an analysis of the disease overview, market scenario, and growth trends. In addition, the report offers competitor analysis, regional analysis, and recent advancements in the seven major markets (7MM). The report also highlights key segments and market drivers, as well as challenges faced by industry players.

According to IMARC Group, in 2022, the total value of the seven major markets (7MM) for hepatic encephalopathy amounted to US$ 1,597.1 Million. Looking forward, these markets are anticipated to reach US$ 2,823.3 Million by 2033, at a growth rate (CAGR) of 5.31% from 2023-2033.

What is hepatic encephalopathy?
Hepatic encephalopathy refers to a neurological disorder that occurs due to liver dysfunction or failure. The liver performs a significant role in removing waste substances from the bloodstream, but when its function is compromised, harmful matter can build up in the blood, which can impact the brain. Some of the common symptoms associated with the ailment include irritability, confusion, depression, memory loss, disorientation, mood swings, agitation, sleep disturbances, slurred speech, poor coordination between movements, tremors, muscle stiffness, a sweet, musty odor on the breath, etc. The diagnosis of hepatic encephalopathy involves neurological examination findings, blood tests, and several diagnostic procedures, like ultrasounds, computed tomography (CT) scans, magnetic resonance imaging, etc.

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What are the key drivers and trends in the Hepatic Encephalopathy Market?

The growing instances of liver tissue scarring due to chronic hepatitis B or C infection, genetic and metabolic disorders, and excessive alcohol consumption are primarily augmenting the hepatic encephalopathy market. Additionally, the increasing cases of portal hypertension, which causes blood to bypass the liver, leading to the accumulation of harmful substances in the bloodstream that can hamper brain function, are positively impacting the market growth.

Besides this, the escalating utilization of effective antibiotics, which work by suppressing the spread of harmful bacteria in the gut while preserving beneficial gut flora to alleviate the symptoms of the illness, thereby effectively treating the ailment, is acting as another significant growth-inducing factor. Moreover, the rising preference for ornithine phenylacetate therapy, since it triggers the synthesis of glutamine in muscle tissue to help in the removal of ammonia via alternative pathways, hence stabilizing cognitive function and improving patient's mental health, is anticipated to propel the hepatic encephalopathy market in the coming years.

What is included in the report segmentation?
The report covers the following aspects:

Report Period:

Base Year: 2022
Historical Period: 2017-2022
Market Forecast: 2023-2033

Countries Included:

United States
Germany
France
United Kingdom
Italy
Spain
Japan

Analysis Covered Across Each Country

Historical, current, and future epidemiology scenario
Historical, current, and future performance of the hepatic encephalopathy market
Historical, current, and future performance of various therapeutic categories in the market
Sales of various drugs across the hepatic encephalopathy market
Reimbursement scenario in the market
In-market and pipeline drugs

In-Market Drugs

Drug Overview
Mechanism of Action
Regulatory Status
Clinical Trial Results
Drug Uptake and Market Performance

Late-Stage Pipeline Drugs

Drug Overview
Mechanism of Action
Regulatory Status
Clinical Trial Results
Regulatory Status

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Key Questions Answered in this Report:

How has the hepatic encephalopathy market performed so far and how will it perform in the coming years?
What are the markets shares of various therapeutic segments in 2022 and how are they expected to perform till 2033?
What was the country-wise size of the hepatic encephalopathy market across the seven major markets in 2022 and what will it look like in 2033?
What is the growth rate of the hepatic encephalopathy market across the seven major markets and what will be the expected growth over the next ten years?
What are the key unmet needs in the market?

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This report will help you with:

Identifying the key players operating in the hepatic encephalopathy market and understanding their market dominance.

Knowing the essential factors to consider when evaluating a hepatic encephalopathy market , aiding in informed decision-making.

Understanding the driving forces behind the Leukodystrophy Drug Market, enabling businesses to stay ahead of emerging trends and capitalize on opportunities.

Examining the changing market behavior over time and strategically assessing competition, facilitating effective benchmarking and strategic planning.

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This release was published on openPR.