Press release
Hepatic Encephalopathy Market to Reach US$ 2,823.3 Million by 2033, at CAGR of 5.31% from 2023 to 2033, IMARC Group
How big is the market for hepatic encephalopathy?
According to IMARC Group, in 2022, the total value of the seven major markets (7MM) for hepatic encephalopathy market 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.
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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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How This Report Can Help You:
The report on hepatic encephalopathy market presents a comprehensive overview and analysis of the epidemiology and market for this condition in the seven major markets (7MM): the United States, EU5 (Germany, Spain, France, Italy, UK), and Japan.
With insights into both current and emerging therapies in the 7MM, this report offers valuable information for businesses seeking to understand trends and opportunities within the hepatic encephalopathy market.
The hepatic encephalopathy market report covers historical and forecasted market data, including epidemiology scenario, providing a reliable and informative resource for developing effective business strategies in 7MM.
Our report on the hepatic encephalopathy market can help businesses stay abreast of the trends and drivers, gain a competitive edge and drive success.
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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?
About Us: -
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Contact US
IMARC Group
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Brooklyn, NY 11249, USA
Email: Sales@imarcgroup.com
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