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Hepatocellular Carcinoma Drugs Market 2023 - By Size, Share, Trends, Competitive Scenario, Regional Analysis And Forecast To 2032
Hepatocellular Carcinoma Drugs Market
The Business Research Company's Hepatocellular Carcinoma Drugs Global Market Report 2023 identifies rise in the occurrence of hepatocellular carcinoma as the major driver for the Hepatocellular Carcinoma Drugs market's growth in the forecast period. Hepatocellular carcinoma (HCC) is a primary malignant disease of the liver and the most common form of liver cancer. Hepatocellular carcinoma starts with the main type of liver cells called hepatocyte cells. Most cases of HCC result from infection with hepatitis B or C, or cirrhosis. As the occurrence of hepatocellular carcinoma continuing to rise, it leads to an increased demand for effective hepatocellular carcinoma drugs to treat the disease.
The global hepatocellular carcinoma drug market size is expected to grow from $0.98 billion in 2022 to $1.07 billion in 2023 at a compound annual growth rate (CAGR) of 9.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global hepatocellular carcinoma drug market size is expected to reach $1.49 billion in 2027 at a CAGR of 8.6%.
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Major competitors in the Hepatocellular Carcinoma Drugs market are AbbVie Inc., Amgen Inc., Bayer AG, Bristol-Myers Squibb Company, Celgene Corporation, Eisai Co., Ltd.
A key trend in the Hepatocellular Carcinoma Drugs market includes product innovation. Major companies operating in the hepatocellular carcinoma drugs market are focused on developing new technological and innovative solutions to strengthen their position in the market. For instance, in May 2020, Genentech Inc., a US-based biotechnology corporation, announced that U.S. Food and Drug Administration (FDA), a US-based federal agency, approved its new drug combination of atezolizumab, an immunotherapy drug that boosts the body's natural defenses, and bevacizumab. This anti-angiogenesis drug inhibits the growth of tumors' blood vessels for the treatment of hepatocellular carcinoma as a first-line treatment.
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The Hepatocellular Carcinoma Drugs market is segmented -
• By Type: Brachytherapy, Chemotherapy
• By Drug Class: PD-1/PD-L1 Inhibitors, Tyrosine Kinase Inhibitors
• By End User: Hospitals, Clinics, Cancer Rehabilitation Centers, Ambulatory Surgical Centers
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Hepatocellular Carcinoma Drugs market.
The Business Research Company's "Global Hepatocellular Carcinoma Drugs Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Hepatocellular Carcinoma Drugs Market Include:
1. Executive Summary
2. Hepatocellular Carcinoma Drugs Market Characteristics
3. Hepatocellular Carcinoma Drugs Market Trends And Strategies
4. Hepatocellular Carcinoma Drugs Market - Macro Economic Scenario
5. Hepatocellular Carcinoma Drugs Market Size And Growth
……………………………
26. Africa Hepatocellular Carcinoma Drugs Market
27. Hepatocellular Carcinoma Drugs Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Hepatocellular Carcinoma Drugs Market
29. Hepatocellular Carcinoma Drugs Market Future Outlook and Potential Analysis
30. Appendix
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