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Hepatorenal Syndrome Treatment Market Analysis, Trends, Growth, Research And Forecast 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Hepatorenal Syndrome Treatment Global Market Report 2023 identifies an increase in the incidences of patients with liver damage or cirrhosis as the major driver for the hepatorenal syndrome treatment market's growth in the forecast period. Cirrhosis is a severe form of liver disease in which scar tissue permanently replaces good liver tissue. Hepatorenal syndrome treatment aims to retain the patient's kidney function while alleviating symptoms and adverse effects of the disorder. These strategies may help to improve overall health and make you a better candidate for liver transplant surgery.
The global hepatorenal syndrome treatment market size is expected to grow from $13.06 billion in 2022 to $13.85 billion in 2023 at a compound annual growth rate (CAGR) of 6%. 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 hepatorenal syndrome treatment market size is expected to reach $17.31 billion in 2027 at a CAGR of 5.7%.
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Major competitors in the hepatorenal syndrome treatment market are Becton, Dickinson and Company, BioVie Inc., Cumberland Pharmaceuticals Inc., Mallinckrodt Pharmaceuticals, Orphan Therapeutics LLC., ESP Pharma Inc., PharmaIN Corporation, Baxter International Inc., La Jolla Pharmaceutical Company, Noorik Biopharmaceuticals AG, Novartis AG, Zydus Lifesciences limited, Mount Sinai, NYU Langone Health, and Max Healthcare.
A key trend in the hepatorenal syndrome treatment market includes increasing research and development activities for hepatorenal syndrome treatment. Companies operating in the hepatorenal syndrome treatment market are now focusing more on research and development to sustain their position in the market. For instance, in September 2022, Mallinckrodt Pharmaceuticals, an Ireland-based company specializing in developing, manufacturing, and distributing specialty products and therapies, announced the FDA approval for Terlivaz for an injection that helps adults with hepatorenal syndrome's kidney function. The Phase 3 CONFIRM trial, the largest-ever prospective research (n=300) done to evaluate the safety and efficacy of terlipressin in patients with HRS type 1 (HRS-1) in the U.S. and Canada, was a significant factor in the FDA's approval. Verified HRS Reversal, measured as an improvement in renal function, avoiding the need for dialysis, and short-term survival, was achieved by the CONFIRM trial's primary endpoint (p=0.012).
Read More On The Global Hepatorenal Syndrome Treatment Market Report Here:
https://www.thebusinessresearchcompany.com/report/hepatorenal-syndrome-treatment-global-market-report
The hepatorenal syndrome treatment market is segmented -
• By Type: Type 1 Hepatorenal Syndrome, Type 2 Hepatorenal Syndrome
• By Treatment: Therapeutics, Surgical Treatment
• By End-User: Hospitals And Clinics, Ambulatory Surgical Centers, Academic And Research Institutes, Other End-Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the hepatorenal syndrome treatment market.
The Business Research Company's "Global Hepatorenal Syndrome Treatment 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 Hepatorenal Syndrome Treatment Market Include:
1. Executive Summary
2. Hepatorenal Syndrome Treatment Market Characteristics
3. Hepatorenal Syndrome Treatment Market Trends And Strategies
4. Hepatorenal Syndrome Treatment Market - Macro Economic Scenario
5. Hepatorenal Syndrome Treatment Market Size And Growth
……
26. Africa Hepatorenal Syndrome Treatment Market
27. Hepatorenal Syndrome Treatment Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Hepatorenal Syndrome Treatment Market
29. Hepatorenal Syndrome Treatment Market Future Outlook and Potential Analysis
30. Appendix
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